Stocks in News

by khalid on 17/02/2010 · 0 comments

Bull Eye

Bull's Eye

JK Lakshmi Cement : The company plans to set up a new plant in Gujarat with an investment of Rs 1,000 crore over the next three to four years to meet rising cement demand from the infrastructure sector. The proposed 2 million tonne unit will boost its existing operations, which includes a cement plant in Sirohi (Rajasthan), besides a grinding unit near Ahmedabad, with total annual cement making capacity of 4.7 MT. The company is also in the process of setting up a second 0.6-MT cement grinding unit in Haryana. In addition, JK Lakshmi Cement had previously announced plans to set up a 2.7-MT cement unit in Chhattisgarh by October 2012, which would take its annual cement-producing capacity to 8 MT.
Impact on Bull : Positive

Tata Power : Tata Power and Korea East-West Power (EWP) have entered into a pact to identify and execute operation and maintenance opportunities in power generation assets in Asia, the Gulf region and Africa. Under the MOU, the Tata Group firm and EWP, one of South Korea’s major power generation utilities, have initiated technical cooperation in the field of operation and maintenance (O&M) of power generation assets.
Impact on Bull : Positive

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