After a bad spell of five months, things are turning around for
The company, which reported an order book of around Rs 70,000 crore in March, had missed the 30% growth target it had set for fresh order inflows during 2008-09. Instead, it had to be content with fresh orders of Rs 52,000 crore, a 24% jump over the previous year.
The company is likely to dispose off the 12% stake it holds in Mahindra Satyam in this financial year. Stake sale will be timed so that the tax on the profits can be minimised. Its average purchase price is Rs 82. The current price is around Rs 114, therefore, the company is already sitting on a profit of Rs 200-250 crore.crackcrack
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.00 |
| Rail Vikas Nigam | 296.30 |
| NCC | 160.45 |
| KEC International | 559.60 |
| Kalpataru Projects | 1240.45 |
| View more.. | |
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