02-10-2008, 07:53 PM
<b>Bharat Forge, NTPC plan capital goods foray</b>
8 Feb, 2008
MUMBAI: Bharat Forge and NTPC plan a joint venture company in the capital goods sector. In the new company Bharat Forge will hold majority stake.
The new company will initially be engaged in manufacturing forgings, castings, casings, fittings, high pressure pipes which are required for power and other industries. It would also manufacture other power plant equipments and machinery, in due course.
At 12:51 pm, Bharat Forge shares were up 0.76 per cent at Rs 277 while NTPC down 2.47 per cent at Rs 201.30 on BSE.
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<b>Elecon Engineering bags Rs 47 cr order form Sical Iron Ore</b>
8 Feb, 2008
MUMBAI: Elecon Engineering has been awarded an order worth Rs 47 crore from Sical Iron Ore Terminals, Chennai, for supply and erection of various equipments for Ennore Terminals Iron Ore Project.
On Feb 5, the material handling equipments maker bagged a contract valued at Rs 11 crore from Sichaon Electricity Power & Consulting for supply of wagon Trippler along with associated equipments.
At 11:13 am, Elecon Engineering shares were down 0.47 per cent at Rs 220.05 in a choppy market.
8 Feb, 2008
MUMBAI: Bharat Forge and NTPC plan a joint venture company in the capital goods sector. In the new company Bharat Forge will hold majority stake.
The new company will initially be engaged in manufacturing forgings, castings, casings, fittings, high pressure pipes which are required for power and other industries. It would also manufacture other power plant equipments and machinery, in due course.
At 12:51 pm, Bharat Forge shares were up 0.76 per cent at Rs 277 while NTPC down 2.47 per cent at Rs 201.30 on BSE.
*******
<b>Elecon Engineering bags Rs 47 cr order form Sical Iron Ore</b>
8 Feb, 2008
MUMBAI: Elecon Engineering has been awarded an order worth Rs 47 crore from Sical Iron Ore Terminals, Chennai, for supply and erection of various equipments for Ennore Terminals Iron Ore Project.
On Feb 5, the material handling equipments maker bagged a contract valued at Rs 11 crore from Sichaon Electricity Power & Consulting for supply of wagon Trippler along with associated equipments.
At 11:13 am, Elecon Engineering shares were down 0.47 per cent at Rs 220.05 in a choppy market.