Stocks in News

by khalid on 04/05/2010 · 0 comments

Bull Eye

Bull's Eye

Era Infra Engineering :- The company bagged two contracts for Rs102 crore.
The first order is for the 132 KV sub-station on a turnkey basis at a cost of Rs 40.3 crore and 400 KV Double Circuit Quad Moose Transmission Line on turn-key basis valued at Rs 34 crore from Haryana Vidyut Prasaran Nigam Ltd. The second order is for 220 KV Double Circuit Twin Moose Transmission Line in Kerala on a turn-key basis valued at Rs 27.5 crore from Utkal Galvanizers Ltd.
Impact on Bull : Positive

Glenmark Pharmaceuticals :- The company has signed the formal agreement
with Sanofi to offer a license for the development and commercialisation of GRC 15300, a first-in-class novel molecule to treat chronic pain. The deal is potentially worth $325 million.Glenmark will receive an upfront payment of $20 million from the Sanofi deal, with milestone and royalty payments as the molecule is further developed and hits the market.
Impact on Bull : Positive

Jyoti Ltd :- The company has bagged new orders worth around Rs 141.5 crore from various parties. These orders include an order valued at Rs 85 crore from Director General of Naval Dockyard through Hindustan Construction Company for re-construction and
completion of Dry Dock at Mumbai, a Rs 16.5-crore order from Bhartiya Rail Bijlee Company for circulating water system and make up water system equipment package and other small
orders.
Impact on Bull : Positive

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