ISGEC HEAVY ENGINEERING- Long Term Bottom in Place?

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ISGEC Is a proxy to upcoming capex and ethanol play

ISGEC Heavy Engineering Ltd is a diversified heavy engineering company engaged in manufacturing and project business with an extensive global presence. It manufactures process plant equipment, presses, Iron & Steel castings & Boiler pressure parts.
It also undertakes turnkey projects for setting-up boilers, power plants, sugar plants, distilleries, factories and others. It also has strengths in the business of construction.
It is also engaged in the business of manufacture of sugar and its by-products through a subsidiary.

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