Sunday, September 22, 2013

Ravinder Singh:Gujarat shall suffer most in coming years.

Gujarat CORPORATE Capitalization Down to $73b from $134b in 9 Months
September22, 2013
    
Global fiscal crisis has its toll in Gujarat corporate Inc.
Since BJP Modi had launched full scale Assault on GOI for 30 months,
particularly last few months, it was important to study its IMPACT on
Gujarat for which Outlook India presented an interesting study. I
Updated It. BSE 100 was 5975 & SENSEX was 18349 on Dec31, 2012 and BSE
100 is 5973 & SENSEX 20263 today.

Modi Organized BIGGEST Vibrant Gujarat event ever in January2013 and
signed more MoU than in all previous years put together.

Its not even 9 months but Capitalization of Gujarat Corporate are Down
to Half in $ even as Stock Market is at its PEAK Gujarat lost over 25%
value in Rupees and 45% in Dollars and 10 out of 18 Corporate are Down
at PEAK TIME.

This also points out that Gujarat Corporate 90% linked to Foreign
Markets and Imports had suffered the most.

It also points out Maximum Flight of Foreign Investment Happened in Gujarat.
This points out that Gujarat shall suffer most in coming years.

Ravinder Singh
Progressindia008@yahoo.com

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