Stocks in News

by khalid on 03/03/2010 · 0 comments

Bull Eye

Bull's Eye

Bharat Heavy Electricals (BHEL) : The company has secured a major order for greenfield power projects valued at Rs 5,778 crore. The order includes setting up two thermal power projects (TPP) located at Nashik (5×270 MW) and Amravati (5×270 MW) in Maharashtra. Bhel’s scope of work in the contract envisages design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers, along with associated auxiliaries and electricals, besides state-of-the-art controls & instrumentation (C&I) and electrostatic precipitators (ESPs).
Impact on Bull : Positive

Tata Consultancy Services (TCS) : The country’s largest software exporter by revenue, is to administered services under a 10-year deal, worth around £600 million (approximately Rs 4,150 crore). The contract, awarded by the UK’s Personal Accounts Delivery Authority (PADA), is divided into two stages, with possible extensions of another five years. The first stage will run up to October 2010, allowing TCS to begin the activity required to set up and administer NEST. Prior to the expiry of the first stage, a decision will be made on whether to proceed with the contract for the remainder of the contract term.
Impact on Bull : Positive

Elgi Equipments Limited (EEL) : The board of company has approved the acquisition of Belair SA – France, a company engaged in assembly, sales and service of industrial compressors, piping, fittings and accessories for more than 25 years. The company has purchased 100% shares of Belair. The total acquisition cost equals €700,000, which has been funded by internal accruals.
Impact on Bull : Positive

Reblog this post [with Zemanta]
Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: