Bullish on ABG Shipyards: N Jayakumar, Prime Securities

ABG Shipyards clearly mentioned that they do want to dilute, they do not want to raise any equity and more importantly you have enough evidence that promoters have been increasing their holding and the shipyards space by the way. Given what is happening the highest amount of ships scraping in the world is happening in the current year in this period and as security and safety standards become more and more I think the shipyard space will all be benefited by this.
[Read More]
Source: The Economic Times