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Bharat Heavy Electricals
BHEL AND SIEMENS WILL JOINTLY WORK
Posted by :
Leave it.Tracked by: 0 Boarder
Siemens seeks to tap nuclear power
Fri, Aug 29-Yahoo news reports.
Siemens India, a provider of industry and infrastructure solutions with a turnover of Rs 11,000 crore, will tap opportunities in the nuclear power sector and railway infrastructure and further consolidate its position in decentralised power projects. The company, which is optimistic about successful implementation of the Indo-US nuclear deal, will supply nuclear turbines in the upcoming nuclear capacity addition of 40,000 MW by 2032 Siemens CEO (energy) Ajay Kumar Dixit told FE on Thursday that "the company sees great potential in the nuclear power sector".
Dixit was here alongwith Siemens India managing director Armin Bruck for the inauguration of Siemens' instrument transformer factory at Aurangabad.
"Siemens India will supply nuclear turbines to various developers," said Dixit. He further informed that Siemens and Bharat Heavy Electricals Ltd (BHEL) have already tied up for cooperation in advanced power plant technology. As regards to railway infrastructure, Bruck said that Siemens is keen to supply technologies for upcoming projects like metro rail, mono rails and high speed trains.
v.krishnamoorthy...
...
Ready
Posted by :
saamraataTracked by: 0 Boarder
BHEL is ready to move up(Oh! has id already?).
Also, are
Corporation Bank,HDFC Bank
IDBI
HLL Tech.
I hate Bajaj Hold.and dislike Balaji Tele. Bud, de are ready to to shood up any dime.Can\\`d help!
Happy invesding!...
BHEL--B.C and date of AGM
Posted by :
Leave it.Tracked by: 0 Boarder
Corporate Action Information
Record Date - EX. div.Date 01-SEP-08
BC Start Date 03-SEP-08 BC End Date 17-SEP-08
ND start Date - ND End Date -
Purpose AGM/FINAL DIVIDEND- 62.5%(Rs.6.25)
AGM is on 17-09-08
Please take a note of these data.
dividend can be expected after the same is passed at the AGM tobe held on 17-09-08. Say in two weeks time.
v.krishnamoorthy...
www.financeandstockadvice.blogspot.com
Posted by :
GuestTracked by: 0 Boarder
without a ultimate support its hard to earn and trade so must go through the above leenk...
buy 50 share bhel currrent price
Posted by :
Arvind1971Tracked by: 0 Boarder
can this current price is ok to buy 50 shares for short terms
...
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
JAGDISH GABATracked by: 0 Boarder
Leave it,you should never feel sorry,after all we are here for exchange of our views n view ponit but as on date the stock is showing some positives n their collaborators of evinced some interest in the products of this co n have lifted sufficient numbers of machines mfg by the co
bye n take care...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
Leave it.
Dear Jagdish Gaba,
I thank ve ry much for the clarification. Momentarily, I forgot the DEC.07 decline. I am sorry to observe the capital loss for all those subscribers in that IPO.
Thank you once again for the details.
With regards,
V,Krishnamoorthy
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
Leave it.Tracked by: 0 Boarder
To India Bulls
Please post the messages in the correct folders. Nor you have compared it with BHEL. Kindly run the mails in the right track.
V.krishnamoorthy...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
India_bulls
ROCKET STOCK.... LOKESH MACHINE LTD (64/-) TARGET 125/-
LOKESH MACHINE LTD Trading in BSE & NSE at 64/- in B Group (10/- Face value). Target 125/- for short term & 165/- for Long Term. Safe Investment at 64/-. Good Dividend paying company.
Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year.
Book Value of this company was 74/- per share.
Market is stabilizing between 14,200 to 15,500 Crude and Global markets also stabilizing. Right time to Enter Good Fundamental Stocks. If you enter good Fundamental Stocks at present rate you will get 50% appreciation within 1Month time.
LOKESH MACHINE Ltd at Rs.64/- is with Good NET PROFIT With EPS 14/- for 2008-09. First Quarter Net profit was 3.11 Crores. Equity 11.6 Crores, Company Projected EPS for 2008-09 is 13.5/- with Net Profit 15.5Crores. As per This PE only 5 . Normally This type Companies PE will be minimum 10. If we take PE 10 It will come 135/-. Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year. All MUMBAI BULLS acquiring this shares daily.
The company has declared its 1st Quarter results for 2008-2009. Net Sales at 20.1Crores, Net profit at 3.11 Crores. EPS of 1st Quarter was 2.65 (Annual EPS 11/-). And Company Projections of 2008-2009 Sales and NetProfit.It has Net revenues of the company was Rs 110 crore, Net profits of Rs 15.50 crore, The Projection Annualized Earning Per Share (EPS) at Rs 13.5/-.
Book Value of this company was 74/- per share.
Company website http://www.lokeshmachines.com
Equity 11.6 Crores. Promoters holding 58% shares.
Financial Insti. & Banks 4%,(United India Insurance Company Ltd 3%), Corporate Bodies 8%. Public share holding only 30%.
LOKESH MACHINE Limited Hyderabad based company.Public Issue came in 2006 April at 140/- All time high of this share was 300/-.
Lokesh Machines Ltd. is engaged in the design, development and manufacture of custom built special purpose machines and general purpose CNC (computerized numerical controls) machines along with their components. Presently, it derives 70% revenue from machining division whereas rest 30% comes from auto component division.
Company primarily caters to customers in the auto OEM, auto ancillaries and general engineering space. Hence it supplies mainly to Tata Motors, Bajaj Auto, Force Motors, Cummins, Bharat Forge, Kirloskar Oil Engines, Everest Kanto Cylinders etc with separate dedicated facilities for M&M and Ashok Leyland. Off late, it has also made a foray in the overseas markets with orders from M/s FPT Industries Spa-Italy, Honda Motorcycles-Japan and HOWA-Japan.
Further, its technical partner Wenig Wemas-Germany has also placed initial order of 100 machines worth 20 cr.
For the latest June qtr, sales at 20.5 Crores and NetProfit at 3.1 Crores. To fund its growth plan company came out with an IPO at Rs.140 per share in April 2006 and raised Rs.42 cr. On listing day it hit a high of 300 Rs, whereas and currently it’s available at 55% below its issue price. For FY09 it is expected to clock a turnover of 115 cr and PAT of 15.5cr which leads to an EPS of Rs. 13.5/- on equity of 11.80 cr. Scrip can easily appreciate to 125/-. Minimum PE of this industry 10/- maximum 30/- If we can calculate with minimum PE = 10 * 13.5 = 135/-.
One more Important news is Company having good Land Bank in HYDERABAD (Balanagar). This cost nearly 200 Crores. Equity 11 Crores. (1.1 Cores shares) Per shares its coming 200/- worth land. + 75/- Book Value + Original Value of share 125/- as per company performance. So Total Value of this company Share was nearly 300/-
But current rate 64/- was very cheep. The management is very good reliable .
Target was 135/-. Company having very Strong fundamentals.
All MUMBAI BULLS acquiring this shares daily.
Possitive Points for this stock for Up moving:
1) Company doing very good with EPS 13.5/- PE only 5; Avialable very cheep at 64/-
2) Book Value was 75/-
3) Company Having Good Land Bank at BalaNagar, Hyderabad. Worth of nearly 200 Crores. Per share Rs. 200/- worth land.
4) 25% (Rs.2.50/-) per Share Dividend Declared for 2007 -2008.
5) Promoters Holding is good 58%
Enter current price at 64/- Short term Target 125/- Long Term Target 165/-
Strong Fundamentals. Just Buy at 64/- get 100% to 300% Profit.
See My Last 2 Weeks ROCKET STOCKS
1) RPG LIFE Scince at 30/- ; Reached at 43/- Now 37/-
2) COMPAC DISC Recommended at 50/- NOW Trading 75/-
3) POCHIRAJU IND. Recommended at 17/- Now Trading at 23/-
4) Lloyds Steel at 10.5/- Now Trading at 13/-
5) IFCI at 38/- Now Trading at 50/-
6) Alpa Labs at 21/- Reached 30/- Now trading at 23/-
7) Visu Intl at 10.5/- Reached 12/- Now 10.5/-
Now I am Recommending LOKESH MACHINE LTD; at 64/-, With Target of 125/- and 165/-; Its very Valuable Share.
Happy Investing...
Bye
BIGBULLS
Important Disclaimer:
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
Leave it.Tracked by: 0 Boarder
Dear Jagdish Gaba,
I thank ve ry much for the clarification. Momentarily, I forgot the DEC.07 decline. I am sorry to observe the capital loss for all those subscribers in that IPO.
Thank you once again for the details.
With regards,
V,Krishnamoorthy...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
JAGDISH GABA
Leave it,you are very right in asking you this
If you recall during the month of dec.2007,most of the stock in mid cap n small cap went up more than the large cap n this too was victim of the same wave
The co had not fully utilised the IPO proceeds by the but the stock was even than a value pic but for the price
They are deicated ppl and have vast experience in the line n the MD was an employee of HMT in macine designing deptt
He has practical experience of the line Its a dividend paying co n this time div of 25% is not a less important gesture by them which speaks sincerity of the management
The stock is rightly valued at present and all fundamentals are in order
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
JAGDISH GABATracked by: 0 Boarder
Leave it,you are very right in asking you this
If you recall during the month of dec.2007,most of the stock in mid cap n small cap went up more than the large cap n this too was victim of the same wave
The co had not fully utilised the IPO proceeds by the but the stock was even than a value pic but for the price
They are deicated ppl and have vast experience in the line n the MD was an employee of HMT in macine designing deptt
He has practical experience of the line Its a dividend paying co n this time div of 25% is not a less important gesture by them which speaks sincerity of the management
The stock is rightly valued at present and all fundamentals are in order...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
Leave it.
What is the reason for the scrip to lose more than 50% of the IPO price in 30 months?Is it justified with a dedicated team?
v.krishnamoorthy
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
Leave it.Tracked by: 0 Boarder
What is the reason for the scrip to lose more than 50% of the IPO price in 30 months?Is it justified with a dedicated team?
v.krishnamoorthy...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
JAGDISH GABA
india bulls,yes i agree with you on this stock
The promoters are very dedicated team of technical ppl and their order book is quite high and also they have niche customers
It is given to understand that M&M too have some equity in the co
The management believes in steady growth and are on target
The stock has shown some good upward movement in past few days n with th declaration of dividend of 25%on fv,it looks to be worth investing at these levels too
I am holding this stock
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
JAGDISH GABATracked by: 0 Boarder
india bulls,yes i agree with you on this stock
The promoters are very dedicated team of technical ppl and their order book is quite high and also they have niche customers
It is given to understand that M&M too have some equity in the co
The management believes in steady growth and are on target
The stock has shown some good upward movement in past few days n with th declaration of dividend of 25%on fv,it looks to be worth investing at these levels too
I am holding this stock...
In reply to:
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
India_bulls
ROCKET STOCK.... LOKESH MACHINE LTD (64/-) TARGET 125/-
LOKESH MACHINE LTD Trading in BSE & NSE at 64/- in B Group (10/- Face value). Target 125/- for short term & 165/- for Long Term. Safe Investment at 64/-. Good Dividend paying company.
Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year.
Book Value of this company was 74/- per share.
Market is stabilizing between 14,200 to 15,500 Crude and Global markets also stabilizing. Right time to Enter Good Fundamental Stocks. If you enter good Fundamental Stocks at present rate you will get 50% appreciation within 1Month time.
LOKESH MACHINE Ltd at Rs.64/- is with Good NET PROFIT With EPS 14/- for 2008-09. First Quarter Net profit was 3.11 Crores. Equity 11.6 Crores, Company Projected EPS for 2008-09 is 13.5/- with Net Profit 15.5Crores. As per This PE only 5 . Normally This type Companies PE will be minimum 10. If we take PE 10 It will come 135/-. Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year. All MUMBAI BULLS acquiring this shares daily.
The company has declared its 1st Quarter results for 2008-2009. Net Sales at 20.1Crores, Net profit at 3.11 Crores. EPS of 1st Quarter was 2.65 (Annual EPS 11/-). And Company Projections of 2008-2009 Sales and NetProfit.It has Net revenues of the company was Rs 110 crore, Net profits of Rs 15.50 crore, The Projection Annualized Earning Per Share (EPS) at Rs 13.5/-.
Book Value of this company was 74/- per share.
Company website http://www.lokeshmachines.com
Equity 11.6 Crores. Promoters holding 58% shares.
Financial Insti. & Banks 4%,(United India Insurance Company Ltd 3%), Corporate Bodies 8%. Public share holding only 30%.
LOKESH MACHINE Limited Hyderabad based company.Public Issue came in 2006 April at 140/- All time high of this share was 300/-.
Lokesh Machines Ltd. is engaged in the design, development and manufacture of custom built special purpose machines and general purpose CNC (computerized numerical controls) machines along with their components. Presently, it derives 70% revenue from machining division whereas rest 30% comes from auto component division.
Company primarily caters to customers in the auto OEM, auto ancillaries and general engineering space. Hence it supplies mainly to Tata Motors, Bajaj Auto, Force Motors, Cummins, Bharat Forge, Kirloskar Oil Engines, Everest Kanto Cylinders etc with separate dedicated facilities for M&M and Ashok Leyland. Off late, it has also made a foray in the overseas markets with orders from M/s FPT Industries Spa-Italy, Honda Motorcycles-Japan and HOWA-Japan.
Further, its technical partner Wenig Wemas-Germany has also placed initial order of 100 machines worth 20 cr.
For the latest June qtr, sales at 20.5 Crores and NetProfit at 3.1 Crores. To fund its growth plan company came out with an IPO at Rs.140 per share in April 2006 and raised Rs.42 cr. On listing day it hit a high of 300 Rs, whereas and currently it’s available at 55% below its issue price. For FY09 it is expected to clock a turnover of 115 cr and PAT of 15.5cr which leads to an EPS of Rs. 13.5/- on equity of 11.80 cr. Scrip can easily appreciate to 125/-. Minimum PE of this industry 10/- maximum 30/- If we can calculate with minimum PE = 10 * 13.5 = 135/-.
One more Important news is Company having good Land Bank in HYDERABAD (Balanagar). This cost nearly 200 Crores. Equity 11 Crores. (1.1 Cores shares) Per shares its coming 200/- worth land. + 75/- Book Value + Original Value of share 125/- as per company performance. So Total Value of this company Share was nearly 300/-
But current rate 64/- was very cheep. The management is very good reliable .
Target was 135/-. Company having very Strong fundamentals.
All MUMBAI BULLS acquiring this shares daily.
Possitive Points for this stock for Up moving:
1) Company doing very good with EPS 13.5/- PE only 5; Avialable very cheep at 64/-
2) Book Value was 75/-
3) Company Having Good Land Bank at BalaNagar, Hyderabad. Worth of nearly 200 Crores. Per share Rs. 200/- worth land.
4) 25% (Rs.2.50/-) per Share Dividend Declared for 2007 -2008.
5) Promoters Holding is good 58%
Enter current price at 64/- Short term Target 125/- Long Term Target 165/-
Strong Fundamentals. Just Buy at 64/- get 100% to 300% Profit.
See My Last 2 Weeks ROCKET STOCKS
1) RPG LIFE Scince at 30/- ; Reached at 43/- Now 37/-
2) COMPAC DISC Recommended at 50/- NOW Trading 75/-
3) POCHIRAJU IND. Recommended at 17/- Now Trading at 23/-
4) Lloyds Steel at 10.5/- Now Trading at 13/-
5) IFCI at 38/- Now Trading at 50/-
6) Alpa Labs at 21/- Reached 30/- Now trading at 23/-
7) Visu Intl at 10.5/- Reached 12/- Now 10.5/-
Now I am Recommending LOKESH MACHINE LTD; at 64/-, With Target of 125/- and 165/-; Its very Valuable Share.
Happy Investing...
Bye
BIGBULLS
Important Disclaimer:
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
buy buy
Posted by :
alwaysrockingTracked by: 0 Boarder
if nuclear deal is done this stock will rise...
ROCKET STOCK.... LOKESH MACHINE LTD (64/-
Posted by :
India_bullsTracked by: 0 Boarder
ROCKET STOCK.... LOKESH MACHINE LTD (64/-) TARGET 125/-
LOKESH MACHINE LTD Trading in BSE & NSE at 64/- in B Group (10/- Face value). Target 125/- for short term & 165/- for Long Term. Safe Investment at 64/-. Good Dividend paying company.
Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year.
Book Value of this company was 74/- per share.
Market is stabilizing between 14,200 to 15,500 Crude and Global markets also stabilizing. Right time to Enter Good Fundamental Stocks. If you enter good Fundamental Stocks at present rate you will get 50% appreciation within 1Month time.
LOKESH MACHINE Ltd at Rs.64/- is with Good NET PROFIT With EPS 14/- for 2008-09. First Quarter Net profit was 3.11 Crores. Equity 11.6 Crores, Company Projected EPS for 2008-09 is 13.5/- with Net Profit 15.5Crores. As per This PE only 5 . Normally This type Companies PE will be minimum 10. If we take PE 10 It will come 135/-. Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year. All MUMBAI BULLS acquiring this shares daily.
The company has declared its 1st Quarter results for 2008-2009. Net Sales at 20.1Crores, Net profit at 3.11 Crores. EPS of 1st Quarter was 2.65 (Annual EPS 11/-). And Company Projections of 2008-2009 Sales and NetProfit.It has Net revenues of the company was Rs 110 crore, Net profits of Rs 15.50 crore, The Projection Annualized Earning Per Share (EPS) at Rs 13.5/-.
Book Value of this company was 74/- per share.
Company website http://www.lokeshmachines.com
Equity 11.6 Crores. Promoters holding 58% shares.
Financial Insti. & Banks 4%,(United India Insurance Company Ltd 3%), Corporate Bodies 8%. Public share holding only 30%.
LOKESH MACHINE Limited Hyderabad based company.Public Issue came in 2006 April at 140/- All time high of this share was 300/-.
Lokesh Machines Ltd. is engaged in the design, development and manufacture of custom built special purpose machines and general purpose CNC (computerized numerical controls) machines along with their components. Presently, it derives 70% revenue from machining division whereas rest 30% comes from auto component division.
Company primarily caters to customers in the auto OEM, auto ancillaries and general engineering space. Hence it supplies mainly to Tata Motors, Bajaj Auto, Force Motors, Cummins, Bharat Forge, Kirloskar Oil Engines, Everest Kanto Cylinders etc with separate dedicated facilities for M&M and Ashok Leyland. Off late, it has also made a foray in the overseas markets with orders from M/s FPT Industries Spa-Italy, Honda Motorcycles-Japan and HOWA-Japan.
Further, its technical partner Wenig Wemas-Germany has also placed initial order of 100 machines worth 20 cr.
For the latest June qtr, sales at 20.5 Crores and NetProfit at 3.1 Crores. To fund its growth plan company came out with an IPO at Rs.140 per share in April 2006 and raised Rs.42 cr. On listing day it hit a high of 300 Rs, whereas and currently it’s available at 55% below its issue price. For FY09 it is expected to clock a turnover of 115 cr and PAT of 15.5cr which leads to an EPS of Rs. 13.5/- on equity of 11.80 cr. Scrip can easily appreciate to 125/-. Minimum PE of this industry 10/- maximum 30/- If we can calculate with minimum PE = 10 * 13.5 = 135/-.
One more Important news is Company having good Land Bank in HYDERABAD (Balanagar). This cost nearly 200 Crores. Equity 11 Crores. (1.1 Cores shares) Per shares its coming 200/- worth land. + 75/- Book Value + Original Value of share 125/- as per company performance. So Total Value of this company Share was nearly 300/-
But current rate 64/- was very cheep. The management is very good reliable .
Target was 135/-. Company having very Strong fundamentals.
All MUMBAI BULLS acquiring this shares daily.
Possitive Points for this stock for Up moving:
1) Company doing very good with EPS 13.5/- PE only 5; Avialable very cheep at 64/-
2) Book Value was 75/-
3) Company Having Good Land Bank at BalaNagar, Hyderabad. Worth of nearly 200 Crores. Per share Rs. 200/- worth land.
4) 25% (Rs.2.50/-) per Share Dividend Declared for 2007 -2008.
5) Promoters Holding is good 58%
Enter current price at 64/- Short term Target 125/- Long Term Target 165/-
Strong Fundamentals. Just Buy at 64/- get 100% to 300% Profit.
See My Last 2 Weeks ROCKET STOCKS
1) RPG LIFE Scince at 30/- ; Reached at 43/- Now 37/-
2) COMPAC DISC Recommended at 50/- NOW Trading 75/-
3) POCHIRAJU IND. Recommended at 17/- Now Trading at 23/-
4) Lloyds Steel at 10.5/- Now Trading at 13/-
5) IFCI at 38/- Now Trading at 50/-
6) Alpa Labs at 21/- Reached 30/- Now trading at 23/-
7) Visu Intl at 10.5/- Reached 12/- Now 10.5/-
Now I am Recommending LOKESH MACHINE LTD; at 64/-, With Target of 125/- and 165/-; Its very Valuable Share.
Happy Investing...
Bye
BIGBULLS
Important Disclaimer:
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
...
Earnings of Rs 80 bn in four years
Posted by :
keerthiTracked by: 0 Boarder
Long term prospects in the company are good. One can buy this stock around Rs.1625/- in the coming days for decent return in short term....
In reply to:
Earnings of Rs 80 bn in four years
Posted by :
rvk41
Bharat Heavy Electricals (BHEL), a major power equipment supplier, is eyeing big to increase earnings from exports six-fold to Rs 80 billion in the next four years, reports Business Standard.
In order to enhance its presence in the international market, BHEL is also looking at acquiring companies abroad mainly to augment technological skills.
The target countries are Europe and the US and the company is in talks with some firms.
The overseas acquisitions will be in the areas of transportation equipment and fans and the company is in talks with a couple of firms abroad, according to sources.
The company had earlier set aside Rs 100 billion for overseas acquisitions and a separate unit was also established within the company to oversee these operations but could not make any inroads in the last two years.
For information,with regards
rvk41
Earnings of Rs 80 bn in four years
Posted by :
rvk41Tracked by: 0 Boarder
Bharat Heavy Electricals (BHEL), a major power equipment supplier, is eyeing big to increase earnings from exports six-fold to Rs 80 billion in the next four years, reports Business Standard.
In order to enhance its presence in the international market, BHEL is also looking at acquiring companies abroad mainly to augment technological skills.
The target countries are Europe and the US and the company is in talks with some firms.
The overseas acquisitions will be in the areas of transportation equipment and fans and the company is in talks with a couple of firms abroad, according to sources.
The company had earlier set aside Rs 100 billion for overseas acquisitions and a separate unit was also established within the company to oversee these operations but could not make any inroads in the last two years.
For information,with regards
rvk41
...
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