Wednesday, November 12, 2008

Indian Banks are in for a tough time - Part 2

Extending the article Indian Banks are in for a tough time, I am giving here the list of companies in BSE 500 which may face severe pressure going forward paying their debt:

Alok IndustriesTextiles5767
Asahi IndiaInfrastructure1391
Bhushan SteelSteel5718
Era ConstructionsInfrastructure1447
Essar OilRefinery10015
GTL InfrastructureInfrastructure2475
Hotel LeelaHotels2035
Ispat IndustriesSteel7225
Jaiprakash AssociatesInfrastructure8234
Jet AirwaysAirline12015
Jindal StainlessSteel4290
Orchid ChemicalsChemicals1953
Strides ArcolabPharmaceuticals1063
UnitechReal Estate8117
Varun ShippingShipping2200

Let's see who defaults first. The list only includes companies with debt more than 1K Crore. Asahi India, Alok Industries, Era and Strides are repeated from BSE SMALL CAP.
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