Stocks in News

by khalid on 25/05/2010 · 0 comments

Bull Eye

Bull's Eye

Madras Cements Ltd :- The company will invest Rs 630 crore to expand its cement production capacity. The company will set up a second unit with a capacity of 2 million tonnes per annum at Ariyalur. This will take its total production capacity to 12.5 MTPA from the present 10.5 MTPA. The decision to go for the captive thermal unit is to address the high-power cost.
Impact on Bull : Positive

Bharat Forge Ltd :- The company has bagged a contract to design and commission a 450 MW independent power project. The EPC project would be executed by a wholly-owned subsidiary of the firm.
Impact on Bull : Positive

Madhucon Projects :- The company has won a road project in Bihar. The 64 kilometre long project involves the four-laning of Chhapra- Hazipur section and was awarded on a semi-annual annuity of Rs 65.4 crore by NHAI. The concession period is five years including a construction period of two-and-a-half years.
Impact on Bull : Positive

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