digby - indian govt works slow as any other bureaucrat. the more they delay the stronger the price momentum will be. if i had inside information, i would have bough more shares first before letting my knowledge pass on hotcopper ....
Financial world believes India is set to overtake China in next 10/20 yrs - right ? this means the GDP of India should grow higher for longer duration. now think like this - Indian PM has a plan to build cities in India, bridges, roads, ports etc etc plus proper sanitation for around 600 million.
Yes, all above can be turn ugly if LCY decides not to act
LCY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
