Scripscan:SRM Energy Ltd
Bse code:523222
Cmp:28
Story:SRM Energy is the OLD HITKARI FIBRES taken over by Sanjay Malhotra of SPICE group.(listed entity SpiceJet).SRM ENERGY is the SPV for setting up 4000 MW Power Plants in CUDDALORE,TamilNadu and other site down south which I dont remember the name.Check the results of June quarter and the notes in it .They have mentioned that they have already invited Bids for the project and the bids are being evaluation stage.Simple, price of SRM ENERGY will rise on this basis and at some point in time at fairly large valuations equity will be placed to FIIS thru FCCBs GDRS etc etc and the financing will be completed.This is where lies the oppurtunity.I intend to make use of this rise and gain from it.I am just banking on the ability of the man to do this.The scrip would underperform for sure if any major equity diluation happens.If not chances are bright of srm being one of the major wealth creators in the next bull market or so.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
Sunday, September 20, 2009
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
