Stock Picking - Art Or Science

If there is one Legal way to Become Rich early, it is by Investing in Stocks and Real Estate. In this Blog you will not see general news which are available at numerous sites, instead u will get filtered news and opinions which matter. Many a times some small but important news were overlooked because of simultaneous big event, I try to put all those news in my Blog. The Home Page shows posts of only last 10 days. To see all the posts click on the month in the Archive section.

Wednesday, December 27, 2006

Simplex Infra - Bags Orders Worth Rs. 825 Crores

Simplex Infra - To Build AHMARA GRAND PLAZA

Simplex Infrastructures Ltd., one of India’s leading infrastructure company announced that it has bagged projects worth Rs.825 Crores from the overseas and Indian market towards construction of industrial structures and piling, malls, long distance water intake and delivery systems and multistoried buildings and towers.

Over 50% of the order consists of overseas projects that include construction of The AHMARA GRAND PLAZA- a 50 floor luxury residential tower at Qatar on a complete EPC contract basis. The project order stands at Rs. 470 cr.

According to Mr. Amitabh Das Mundhra, Director, Simplex Infrastructures Ltd, “These projects are very significant projects for Simplex consolidating the company’s diversification plans. We are looking at increasing our order book position, which currently stands at Rs 5600cr (approx), not just quantitatively but qualitatively. These projects, speaks about our project management and executional capabilities and will further help us to secure other orders across all the verticals. ”

Labels: Simplex Infra

1 Comments:

At 3:20 AM, Anonymous said...: am betting on this company with a long term projection of above 550 good company to hold

good collection of companies you have

all the best

regards,
mwatch

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