http://www.mea.gov.in/bilateral-documents.htm?dtl/26176/Joint_Statement_on_India_and_Japan_Vision_2025_Special_Strategic_and_Global_Partnership_Working_Together_for_Peace_and_Prosperity_of_the_IndoPacific_R
India & Japan have signed much awaited Bullet Train (HSR) deal starting with Mumbai-Ahmedabad route.
The project would be worth over 95,000 crores INR and Japanese PM has also promised co-operation for Make In India.
http://www.omaxauto.com/business.aspx?mpgid=11&pgidtrail=17
Disclosure: Personally invested in Omax Autos.
Btw, New stock will be updated on our blog next Thursday at 3:20 PM
during market hours (i.e. 17th December 2015)
during market hours (i.e. 17th December 2015)
From Monday upper circuits start in Omax Auto.
ReplyDeleteOMAX AUTO is having latest technology to build world-class Railway infrastructure, The complete coach building solution offered by Omax is ideal for High-speed Rail aka Bullet Train.
Omax Auto is also turning around financially and available at cheap valuations, There can possibly be major Rally in Omax Auto due to Bullet Train announcement.
Omax Auto owner is Mr. Jatender Mehta (Gujju, hope you understand what i mean) http://www.motownindia.com/Bureau/Commercial-Wheels/57/Omax-Autos-to-assemble-trucks#.Vmvh_Up94fc
Dear Ace,
ReplyDeleteThanks for great news. I think now it will go continue upper circuits. can you tell other benefited share of this deal
Regards
Pawan Gupta
Wohhooo this is big positive for omax auto, good to grab on monday
ReplyDeleteIts good 4 pnb, boi and sbi? ;)
ReplyDeleteThe company is more focused on auto compared to Railways.
ReplyDeleteThe Rly division is recently started and it will take time for them to establish them. There are better established players in Rly... Not much information on Rlys by the company.
Ace, Do you think Richa Inds (your old reco) infact might be better beneficiary than Omax?
Thnks
Vishal
I have invested a fresh in Omax, i cannot discuss why i have.
DeleteHi, is this the same stock you were going to post on the 17th or should we expect a new stock ?
ReplyDeleteThanks for the post and recommendations !
Cheers !
It would be coming out on Thursday.
DeleteSir, Many thanks for your brilliant updates. I was quite impressed with the fact that Railway signalling work on DFCC, Texmaco is a partner to Hitachi. Think speaks highly of the management ability to qualify for technology transfer with Japanese Corporates.
ReplyDeleteYour views will be highly appreciated. Good Luck and best wishes.
Merry X'Mas
Texmaco aquisition of Kalindee very timely !!! And probably reflects the merger ratio.
Delete