Ministry of Power has issued a memorandum providing details on the Revamped, Reforms-based and Resut-Linked Distributions sector scheme supporting discoms to undertake reform and improve performance in a timebound manner. Believe that result from implementation of this scheme will positively impact the entire value cain, revive capex and re rate the sector. PFC is...
Shriram Transport has been in a 200 point narrow range since Feb 2021. Above 1420, which is also above its 20/50/100 DMA, stock looks set to 1480-1520 range. Breakout above 1520 should take it to 1800. CV cycle recovery is on the cards. Shriram Transport is a default beneficiary. Co has managed to contain NPAs better than others and has posted stable Q4. Q1...
