BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
The current situation of GE Power India Ltd. is synonymous with a famous opening in chess called ‘The Queen’s Gambit’, in which a pawn is sacrificed to gain a positional advantage, in our view.
The withdrawal of the parent from large coal utility projects opens up opportunities to focus on long term creation in terms of ramping up high margins, and high return on capital employed services business.
As clarified by the company, approximately 54% flue gas desulphurisation projects will be under uncertainty.
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