Swaraj Engines – High quality stock, monsoon play and Mahindra & Mahindra parentage
Dear Readers, In all the gloom and doom surrounding the Indian economy, there’s been one major positive this year and that is above average rainfall in almost all the parts of India. The cumulative rainfall for the country as a whole till 28th Aug’13 was 11% above the average. The rainfall has been in excess of 15% in all the regions, except east and northeast India where it’s 29% below average. We believe good monsoon augurs well for companies related…