Stocks in News

by khalid on 27/05/2010 · 0 comments

Bull Eye

Bull's Eye

IVRCL Infrastructures :- The company has bagged several projects in all worth Rs 567 crore, which includes deals in the road and irrigation sectors, construction and works for petroleum projects. The projects include those awarded by Rashtriya Ispat Nigam Ltd, EPR Pharmaceuticals, Hindustan Petroleum Ltd, Bharat Electronics Ltd and a spur line project for Gujarat State Petronet Ltd.
Impact on Bull : Positive

Valecha Engineering :- The company has bagged a highway project in Orissa worth Rs 509 crore on a BOT basis. The project would be undertaken in consortium with Kazstroy.
Impact on Bull : Positive

M&M:- The company has bought a 55.2% stake in Maini Group’s Reva Electric Car Company, which has been named Mahindra Reva Electric Vehicle Company, through a combination of equity purchase from the promoters and a fresh equity infusion of over Rs 45 crore into the new company. After the acquisition of the stake by M&M, the Maini Group has a 31% stake in the company
while AEV has 11% and the rest is with employees.
Impact on Bull : Positive

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