Yesterday I mentioned about genset companies . The fact of the matter is that there is acute shortage of electricity in Maharashtra. Ofcourse Maharashtra is not the whole of India, but Mumbai ,the commercial hub, is in Maharashtra. The worrying thing is that power cuts are affecting Mumbai also, u may ask why it should not.
Look at it the other way, Mumbai contributes around 40 % of direct tax revenue. If there is power shortage, will business in Mumbai be not affected. My common sense approach tells me that the situation is grim and sooner or later the shortage of electricity will reflect somewhere or the other.
Risks come in various sizes and shapes. But with each risk there is an opportunity also.
The next three quarter results will be interesting to watch, especially those companies which are based in Mumbai and Maharashtra.
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