Heavy Metal
If commodity prices shoot up again, the backward integration of Godawari Power will turn out to be very profitable

Indian steel companies are doing well again after a severe downturn in late 2008 and early 2009. Godawari Power & Ispat Limited is one of the smaller steel companies that is steadily expanding through backward and forward integration. We had first analysed and recommended this...
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  • Bridges to Riches
    Expectations from the infrastructure sector are high. If it continues to grow, J Kumar will do well

    Mumbai-based J Kumar Infraprojects is a civil engineering and infrastructure development company which focuses primarily on the development of roads, flyovers, bridges, railway over-bridges and irrigation projects. It has done commercial and residential buildings, railway buildings, sports...
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  • Technical Trends: Market Outlook
    The fall in the market that we had been forecasting for the past several months has not happened. Indeed, the market has risen. Since the week ended 13 March 2009, when the Sensex was at 8,756, the index rose for a straight 14 weeks to make a high of 15,237 in mid-June. This near-vertical rise led us to believe that a decline was imminent, since it is our belief that the first rally after a...
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