Stocks in News

by khalid on 05/03/2010 · 0 comments

Bull Eye

Bull's Eye

Suzlon Energy The company has won an order from Gujarat State Petronet
(GSPL) to set up, operate and maintain a 52.5 MW wind energy project in the Rajkot and Porbandar districts of the state. The project will be supplied 35 units of 1.5 MW wind turbine generators. The installation is scheduled for commissioning by July 2010.
Impact on Bull : Positive

Hindustan Construction Co Ltd The company has won two orders worth
about Rs 300 crore from Hindalco Industries for structural work at the latter’s aluminium smelter project in Orissa. The first project worth about Rs 100 crore will be completed in 19 months from the date of issue of the order. The second project worth Rs 199 crore will be completed in 15 months from the date of issue.
Impact on Bull : Positive

Strides Arcolab The companyhas entered into an agreement with South Africa-based Aspen to acquire the latter’s facility in Brazil for $75 million (nearly Rs 343 crore). In an effort to focus on the injectable business, the company has entered into an MOU with Aspen to acquire its facility in Campos, Brazil with related products for US$75 million. The buying of the Campos unit is part of a well integrated strategy for Strides with licensing and supply agreement with global partners already in place.
Impact on Bull : Positive

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