. it will be only for a quarter) 2. debt reduction - MUST happen. do or die for GVK 3. reduction in gas prices and more gas will get allocated to power sector next FY. it will be dark horse. probably Punjab coal unit will also resolve issues after Punjab elections. 4. Government initiates in power and infra
10.17 AM Nov 27th
Gail Q2 results on 15th Nov 16. So we can expect good results. Postive things are: 1. Petrochem business is growing at 40% YOY basis. 2. Natural gas prices are low in international market. Therefore, purchase price will reduce YOY which will increase Margins. 3. Book Value is at Rs.270
10.53 AM Nov 14th
laxmi3112- Messages getting truncated. Maybe use of special characters. However the price to book of 1.16 does tell that the fall is overdone in Rupee terms but then FIIs view in US Dollar terms and the Fed Rate Hike seems imminent.The important factor is that should oil and gas prices go up
3.41 PM Nov 7th
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