Stocks in News

by khalid on 06/05/2010 · 0 comments

Bull Eye

Bull's Eye

Arani Power Systems :- The company has secured an order for 27 MW steam
turbine and generator package for sugar cogeneration from Shree Prabhu Lingeshwar Sugars & Chemicals Ltd, based in Karnataka. The scope of the work includes design, engineering, manufacture and installation of the plant.
Impact on Bull : Positive

Gayatri Projects Ltd :- The company has secured a road project worth Rs 2200 crore. The project is for four-laning of the Hyderabad- Karimnagar-Ramagundam road under public-private partnership. Awarded by the Andhra Pradesh Road Development Corporation, the project will be executed on a design, construct, finance, operate and maintenance (toll) basis with a concession period of 25 years.
Impact on Bull : Positive

Jagran Prakashan :- The company will acquire the print business of Mid-Day
Multimedia for Rs 200 crore in an all-stock transaction in which the buyer pays by issuing new shares. Mid-Day Multimedia will demerge its print subsidiary called Mid-Day Infomedia, which
runs the English and Gujarati tabloid Mid-Day and the Urdu daily The Inquilab, and transfer it to Jagran Prakashan. Jagran Prakashan will issue two new shares for every seven shares held by the Mid-Day Multimedia shareholders. MML, however, would retain its radio business and its shares would continue to be listed on the bourses.
Impact on Bull : Positive

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