Stock Picking - Art Or Science

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Sunday, February 18, 2007

Multibagger Stock Idea

Subhash Projects & Marketing Ltd. - Initiate Coverage

Subhash Projects & Marketing Ltd has informed BSE that the Company has entered into a Memorandum of Understanding (MOU) with the Government of Gujarat, represented by the Gujarat Urban Development Company Ltd for investing in various City Development Plans of Gujarat in the following areas, namely:

- Water Supply & Sewerage Management
- Solid Waste Management
- Electricity Utility Management
- Roads
- High Capacity Bus Services
- Car Parking
- Storm Water Drainage
- Real Estate Development - Township Development / Shopping Malls / Entertainment Plaza

The proposed investment of the Company is approximately Rs 5000 crores and the Scheme is likely to commence operation by March 2010 / 2012. The Government of Gujarat will extend full support in providing basic infrastructure facilities like land, power, roads, water supply, etc and obtaining the statutory approvals for establishing and efficient running of the aforesaid projects.

Labels: Multibaggers, Recommendations, Stocks, Subhash Projects

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