Power Stocks Outlook for the week (16-20.07.2012)


Power Stocks Outlook for the week (16-20.07.2012)

Power sector has been reeling under issues of fuel linkages and environmental clearances, while mining sector has been at a standstill with the Supreme Court ban on iron ore mining in Karnataka. Transmission and distribution sector is still getting orders from Power Grid Corp of India benefiting companies such as KEC International and Alstom T&D India which manufacture cables and transformers.

But orders in the power generation equipment have nearly dried up hurting players such as Bharat Heavy Electricals, BGR Energy Systems, Siemens, and Thermax.
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