From a stock specific standpoint, there are very few J plays as most of the economic activity in the state lies outside the listed space.”Outside of NHPC and J Bank, there are very few listed plays with any implications from a J economy standpoint. From a second order impact standpoint greater defence spending as a consequence of heightened tensions along the LOC and a hardened military posture,” said the report.JM Financial expectsthe likely beneficiaries would be Bharat Dynamics and Bharat Electronics. The state economy primarly lies in the realm of unorganised sectorssuch as horticulture and tourism and is extremely small.”Greater infrastructure push along strategically important highways and dam constructions to fully exploit water awarded under the Indus water treaty should have some beneficiaries including L Ashoka Buildcon, and GE T the note added.First Published on Aug 9, 2019 12:26 pmtags Article 370 Ashoka Buildcon Bharat Dynamics Bharat Electronics Jammu Kashmir JK Bank NHPC video.
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