Stocks in News

by khalid on 28/02/2010 · 0 comments

Bull Eye

Bull's Eye

Gammon Infrastructure Projects Ltd : The company has signed a contract
worth Rs 850 crores with National Highways Authority of India (NHAI) to build a highway in northern India. The company also expects to earn annuity of Rs 466 crores a year from the five NHAI projects that it holds.
Impact on Bull : Positive

Power Grid Corp of India : The board of the company has approved investment
proposals totaling Rs 2846 crores in three different projects. This includes system strengthening in the southern region at a cost of Rs 232 crores, for Mauda Transmission system at a cost of Rs 469 crores and for transmission system for Pallatana gas based power project for a cost of Rs 2144 crores.
Impact on Bull : Positive

Reliance Infrastructure : The Maharashtra Government decided that a consortium led by Reliance Infrastructure will build a planned sea link between Worli and Haji Ali. The bids for the 4.7 km leg of the Worli-Haji Ali sea link were opened on 4th February last year, wherein a Reliance Infrastructure led consortium emerged the lowest bidder, requiring a viability gap funding of Rs 1392 crores.
Impact on Bull : Positive

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