LARSEN AND TOURBO
INCREASED ALLOCATION FOR NHAI WILL BENEFIT THE COMPANY SIGNIFICANTLY, AS IT GENERATES SUFFICIENT REVENUE FROM THIS BUSINESS. THE EMAPHASIS ON INFRASTUCURE INVESTMENT WHICH IS TARGETTED TO GO UP TO 9% OF GDP BY 2014, WILL PROVIDE MORE BUSINESS. EASIER LENDING SCHEMES FOR PPP PROJECTS WILL ALSO BENEFIT THE COMPANY.
INCREASED ALLOCATION FOR NHAI WILL BENEFIT THE COMPANY SIGNIFICANTLY, AS IT GENERATES SUFFICIENT REVENUE FROM THIS BUSINESS. THE EMAPHASIS ON INFRASTUCURE INVESTMENT WHICH IS TARGETTED TO GO UP TO 9% OF GDP BY 2014, WILL PROVIDE MORE BUSINESS. EASIER LENDING SCHEMES FOR PPP PROJECTS WILL ALSO BENEFIT THE COMPANY.
MAHINDRA & MAHINDRATHE COMPANY BEING THE COUNTRYS LARGEST MANUFACTURER OF TRACTOR AND UTILITY VEHICLES , M& M WILL BE AN INDIRECT BENEFICIARY OF BUDGET 2009-10 THAT AIMS TO SPUR INCOME GROWTH IN THE RURAL AREAS. THE PROPOSAL INCLUDING THE EXPANSION OF NREGA , REJIGGING THE FERTILISER SUBSIDIES AND AN EALRY ENACTMENT OF THE NATIONAL FOOD SECURITY BILL WILL RAISE THE DEMAD FOR TRACTORS AND UTILITY VEHICLES.
STERLITE INDUSTRIESTHE INDUSTRY MANUFACTURERS OF ALUMINIUM, COPPER AND ZINC , IS RELATIVLEY BETTER PLACED AMONG NON-FERROUS METAL PRODUCERS AND WILL GAIN FROM BUDGET. ZINC WHICH IS USED IN GALVANATED STEEL PORDUCTS , MAY WITNESS HIGHER DEMAND DUE TO THE FOCUS ON RURAL GROWTH . STERLITES OTHER TWO PRODUCTS , ALUMINIUM AND COPPER WILL ALSO MARGINALLY BENEFIT FROM INCREASED DOMESTIC DEMAND.
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