Monday, February 06, 2012
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Currently, MSPSPL is in its second phase of capacity expansion, wherein its pellet capacity will go up by 2 times to 900,000 tonnes, sponge iron to 423,000 TPA & power plant to 76 MW. The reason for this huge capacity expansion - capturing the rising demand for steel in India
The long-term growth story of the India remains intact, though there are headwinds in the form of global economic volatility. An extended period of slowdown/ recession in the US/Europe will be good for India.
The charm of becoming a broker has gone down as the industry tries to cope up with increasing overhead and employee cost in a competitive environment. Value added services are the best strategy to become a successful broker.
Current scenario in the stock market is ripe for retail investors to enter. Now is the time to be greedy since the street is fearful and the time is conducive to pick up value stocks with a long-term horizon.
After a brief gap, Greece has once again come to haunt the global economic scene. The second tranche of the bailout package has however brushed the real problems under the carpet. What ails the country and where is it headed?
It would be advisable to keep an eye on spiralling crude prices, interest costs and inflation while exploring investment opportunities
In the medium term, the market will focus on earnings growth and sustenance of consumption led demand in the current inflationary scenario
Emmbi Polyarns has been a part of the listed space for the past one year, during which it has created a base for itself which should help the company deliver value to its stakeholders going forward
When the promoters of a company decide to pledge their shares, investors begin to see red. However, all such transactions need not be painted with the same brush as in some cases the pledging has been carried out to cash in on better business opportunities
While there are concerns about rising interest rates, higher inflation and the global economic scenario, the Indian growth story still remains intact with India having an advantage over other BRIC nations.
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