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Order Book Water Infrastructure Companies

1. Thermax Ltd
M Cap: ₹61,187 Cr.
Order Book: ₹9,355 cr

2. Ion Exchange (India) Ltd:
M Cap: ₹8,250 Cr.
Order Book: ₹3,546 cr approx

3. Triveni Engineering and Industries Ltd:
M Cap: ₹8,868 Cr.
Order Book: ₹1223.4cr

4. EMS Ltd:
M Cap: ₹ 3,584 Cr.
Order Book: ₹2,572.68+ cr approx

5. Jash Engineering Ltd:
M Cap: ₹ 2,818 Cr.
Order Book: ₹816 cr

6.Vishnu Prakash R Punglia Ltd:
M Cap: ₹ 2,563 Cr.
Order Book: ₹4,717 cr

7. NCC Ltd:
M Cap: ₹ 20,396 Cr.
Order Book: ₹s 57,536 cr

8. Welspun Enterprises Ltd:
M Cap: ₹ 6,294 Cr.
Order Book: ₹12,200cr

9. Kirloskar Brothers Ltd:
M Cap: ₹ 17,580 Cr.
Order Book: ₹2,999cr

10. Welspun Corp Ltd:
M Cap: ₹ 14,380 Cr.
Order Book: ₹9056cr

11. Shakti Pumps (India) Ltd:
M Cap: ₹ 6,872 Cr.
Order Book: ₹2400+cr approx

12. Praj Industries Ltd:
M Cap: ₹ 12,455 Cr.
Order Book: ₹38,550cr

13. Om Infra Ltd:
M Cap: ₹ 1,599 Cr.
Order Book: ₹2,235cr

14. ITD Cementation India Ltd:
M Cap: ₹ 8,972 Cr.
Order Book: ₹20,000cr

15. WPIL Ltd:
M Cap: ₹ 4,127 Cr.
Order Book: ₹4580 Mn approx.

⚡️Top 5 Electric Bus Manufacturing Stocks in India ⚡️

1️⃣ Tata Motors

2️⃣ Eicher Motors

3️⃣ Ashok Leyland

4️⃣ JBM Auto

5️⃣ Olectra Greentech

📮 These companies are well-positioned to capitalize on the growing demand for electric buses in India, driven by increasing environmental awareness and government initiatives to promote sustainable transportation.

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Good morning

Equirus keeps long call on
PI Industries, target Rs 5,500

#1 PHC is a leading provider of novel patent-protected biological products to global markets
#2 Core patented products act as ‘vaccines for plants’, improving crop yield & quality
#3 Believe PI would also be able to transfer tech to manufacture biological products
#4 Biological products TAM could be of more than USD 10 billion

Good morning

New case study

Petronet LNG Limited

Petronet LNG Limited (PLL) is an energy company that imports, stores, regasifies, and supplies liquefied natural gas (LNG) in India. The company was formed in 1998 as a joint venture between the Government of India and several public sector companies, including Indian Oil Corporation Limited (IOCL), GAIL (India) Limited (GAIL), Bharat Petroleum Corporation Limited (BPCL), and Oil and Natural Gas Corporation Limited (ONGC). PLL also has other equity holders, such as public, FIIs, FPIs, and mutual funds. The company's headquarters are in New Delhi, India

The company is in the business of transportation, storage and regasification of LNG. It owns and operates 2 regasification terminals at Dahej (Gujarat) and Kochi (Kerala) with a combined capacity of 22.5 MMTPA. It accounts for 33% of gas supplies in the country and handles ~75% of LNG imports in India.

Expansion plans

Dahej Terminal- Company is undertaking a highly cost-effective brownfield expansion of regasification capacity of Dahej Terminal from 17.5 MMTPA to 22.5 MMTPA at an estimated cost of Rs. 600 Cr.

Third Jetty- Company is also implementing a third berth project at Dahej, through an investment of about Rs. 1700 Cr. It will handle Liquified gasses, namely ethane and propane besides LNG.

Storage Tanks- To enhance the LNG storage capacity of around 1 million CuM at Dahej terminal, the construction of two additional LNG storage tanks of a gross capacity of 1,85,000 CuM each has been taken up at a cost of approx. Rs. 1250 Cr. The work is completed 70% as of March 2023.

Storage at Odisha Company is setting up an LNG terminal at Gopalpur, Odisha with an initial capacity of 4 MMTPA at a cost of approx. Rs. 2300 Cr.

Other Projects

Company is taking up initiatives to develop the small-scale LNG market in the Country and has been promoting the environment-friendly LNG as a fuel for M&HCVs, mining equipment etc. It has developed 4 LNG Dispensing Stations on southern national highways in the first stage also identifying the locations for setting up additional 10 LNG stations.
Company is in the process of identifying Project Sites in Haryana, Uttar Pradesh, Madhya Pradesh, Gujarat, Maharashtra, Odisha etc. for the setting up of the Compressed Bio-Gas Plants. Company is also exploring ventures into the Green Hydrogen value chain for which, dialogues have been initiated with various business partners.

Petronet LNG 300-333
Expected level 385
Support 279

Good afternoon

🚆Railway Stocks Value Chain🚆


🚂🏷 Railway Engines

🟣BHEL – Electric Locomotives
🟣Siemens – Electric Locomotives
🟣General Electric – Diesel Locomotives
🟣Integra Eng Ltd – Propulsion Systems

🚂🏷 Railway Coaches (Passengers)

🟣BEML – Metro coaches

🚂🏷 Railway Wagons (Freight / Goods)

🟣Cimmco
🟣JITF Infra Ltd
🟣Jindal Rail Infra (Jindal SAW)

🚂🏷 Railway Coaches & Wagons

🟣Jupitar Wagons
🟣Titagar Rail Systems
🟣Texmaco Rail & Engineering

🚂🏷 Railway Coaches Interiors

🟣Auto Line – Coach Interiors
🟣Amber Enterprises – ACs
🟣Orient Rail Infra – Seats & Berths
🟣Omax Auto – Bio Toilets

🚂🏷 Railway Wheels & tracks

🟣SAIL – Railway Tracks
🟣Hilton Metals – Wagon Wheels
🟣Bharat Forge – Wheel & Truck frames

🚂🏷 Railway Security systems

🟣Kaynes Tech – Railway Signalling
🟣Siemens Ind – Railway Signalling
🟣HBL Power – Railway Kavach
🟣Kernex Microsyst – Railway Kavach
🟣Hind Rectifiers – Driver Display Units
🟣Genysys Int – Geospatial Information

🚂🏷 Railway Network systems

🟣Avantel – Telecom Products
🟣RailTel – VPN & Broadband

🚂🏷 Railway Power Pack

🟣TD Power – Generators
🟣Apar Ind – Conductors
🟣BEL – Convertors
🟣Elgi Equipment – Compressors
🟣HBL Power – Rolling stock batteries
🟣ABB Ind – Power Equip & solutions
🟣Hitachi Energy – Power Technology

🚂🏷 Railway Cables & Wires

🟣DP Wires – Cables & Wires
🟣KEI Ind – Cables & Wires
🟣Paramount – Power Cables

🚂🏷 Railway Power projects

🟣BCPL – Power Projects
🟣Power Mech – Power Projects
🟣Kalpataru – Power Transmission

🚂🏷 Railway ancillary – Bearing

🟣NRB Bearings
🟣SKF India
🟣Timken India

🚂🏷 Railway ancillary – Forgings

🟣Balu Forge
🟣Bhat Forge
🟣Ram Krishna Forgings

🚂🏷 Railway ancillary – Others

🟣Alicon cast – Aluminium casting
🟣Porwal Auto – Steel alloy castings
🟣Omax Auto – Sheet metals
🟣Cosmic CRF – Cold&Hot Rolled metal
🟣Frontier Springs – Leaf Springs
🟣Nelcast – Brake discs
🟣Escorts – Critical Rail components

🚂🏷 Railway Infra

🟣RITES – Engineering & consultancy
🟣IRCON – Engineering & Constructions

🚂🏷 Railway Projects

🟣L&T
🟣KEC
🟣NCC
🟣RVNL

🚂🏷 Railway projects – Metro

🟣Adani Enterprises
🟣GR Infra Projects
🟣Larson & Toubro (L&T)

🚂🏷 Railway Projects – others

🟣ARSS Infra
🟣K&R Rail Engineering

🚂🏷 Other Railway Stocks

🟣CONCOR – Freight Logistics
🟣IRFC – Railway Financing
🟣IRCTC – Railway Hospitality

🚂🏷 Other Railway Proxies

🟣JSL – Steel
🟣ESAB – Welding
🟣Rasi Electrodes – Welding Electrodes

Good morning

ICICI Securities Study Report


ICICI Securities was incorporated in 1995 is a subsidiary of ICICI Bank Ltd. It is an integrated technology-based platform which operates www.icicidirect.com, a virtual financial supermarket, meeting the three need sets of its clients - investments, protection, and borrowing through its four lines of businesses - broking, distribution of financial products, wealth management, and investment banking. I-Sec serves customers ranging from the retail and institutional investors to corporates, high net-worth individuals, government. The company’s product portfolio is spread across retail and institutional broking, distribution of third-party products such as mutual funds, life insurance, fixed deposits, loans disbursements, and wealth management services, amongst others. As on 31st March 2024, the company serves ~1 cr clients. They have a NSE active client market share of 4.4%. The company operates its business via three operating segmentsBroking & Commission - This business segment consists of equity, currency & derivative brokerage services, the distribution of thirdparty products, research, and fees from financial planning/education, interest on bank fixed deposits held by exchanges as margins for the brokerage business, interest on trade receivables from brokerage business, interest on margin funding, and income derived from the trading of securities by the broking and commission business. Advisory Services – This business segment consists of equity capital markets services and financial advisory services that cater to corporate clients, the government and financial sponsors. Investment & Trading – This business segment consists of treasury and proprietary trading activities. Income from this segment includes income derived from the trading of securities and interest received on investments for company’s own account. The board approved the delisting of the company via share swap deal, that would make ICICI Securities a wholly owned subsidiary of ICICI Bank subject to requisite approvals.