We have India bulls @ 550/-Hotel Leela @ 53/- , Raddan Media @ 8.80/- , Polaris Software @ 122/- and Bellarys steel@ 2/- please tell me which shares we can hold
Sir, I have purchased 3000 shares of Suryachakra Power @ 19.05, what is your guideline on this. and I would like to invest Rs 2,00,000. please advice. IQBAL SINGH
RE:hi pranav
by Pranav Sanghavi on Sep 25, 2007 10:12 AM
I Bulls is an aggressive financial services firm, I think they will also post good Sep Qtr results. I would hold on.
Date : 17th September 2007 recommended by NSEMUMBAIBULL.com
Scrip Name : Paramount Communications Ltd
BSE Code : 530555
NSE Code : PARACABLES
Rating : Strong BUY (Short Term Target Rs. 40)
::::::Some Informations about this Company::::::
Paramount Communications has commenced land development and civil construction on 25 acres of land in Khushkhera Industrial Area, District Alwar, Rajasthan for setting up of a new manufacturing facility for power cables in accordance with the 3rd phase expansion plan of the company. The said land is located just opposite to the existing plant of the company and has been recently allotted to the company by RIICO, Rajasthan.
The main objective of this land acquisition is to embark on further expansion by induction of additional capacity in power cables.
Recently Paramount Communications Ltd has acquired the UK-based AEI Cables in an all cash deal. AEI Cables has a turnover of approximately £65 million (Rs. 533 crores).
The acquisition would strengthen the consolidated balance sheet of the company and is accretive to the net worth by about INR 110 crore, says Paramount that makes cables for infrastructure sectors including power, railways, telecom and industrial projects.
Paramount says, after the acquisition it would have an annual turnover of over Rs1,100 crore, with significantly strengthen its product range for infrastructure segments such as railways, mining and power,
