GEI wins orders worth Rs60.82 crore from power, oil and gas sectors

GEI Industrial Systems said it won orders worth Rs60.82 crore from power, oil and gas industries.

In power sector, the company has received orders of Rs38.45 crore, from ThyssenKrupp Industries India Pvt Ltd and Cethar Vessels Ltd for air cooled vacuum steam condensers.

The other order is from Indian Oil Corp Ltd (IOC) worth Rs22.37 crore for providing air cooled heat exchanger for IOC’s Paradip refinery project.

On Wednesday, GEI shares closed 1.2% up at Rs133 on the Bombay Stock Exchange, while the Sensex ended at 0.8% down at 17,471 points.

User

JSW Steel registers 14% growth in crude steel production in June quarter

JSW Steel Ltd reported a growth of 14% in crude steel production for the first quarter financial year (FY) 2011 compared to that of the corresponding quarter of the last fiscal year.

The company's crude steel production for the first quarter of financial year 2011 was 1.574 million tonnes. Also, its production of flat rolled products, used in automobiles, increased 26% to 1.093 million tonnes, while its long products, used in construction and railway lines, rose 71% to 0.309 million tonnes in first quarter June 2010 over the corresponding quarter of the last fiscal year.

On Wednesday, JSW Steel shares closed 1.1% down at Rs1,063 on the Bombay Stock Exchange, while the Sensex ended at 0.8% down at 17,471 points.

User

Religare Enterprises swings back to net profit

Religare Enterprises Ltd reported a full year net profit of Rs96.92 crore for the year ended 31 March 2010 as compared to net loss of Rs63.58 crore the previous year. During the period, the company’s total revenues increased 40% to Rs1,675.22 crore from Rs1,194.5 crore.

On a standalone basis, the company has posted a net profit of Rs55.51 crore for the full year as compared to net loss of Rs15.95 crore for the year to end-March 2009.

On Wednesday, Religare Enterprises shares closed 0.8% up at Rs416 on the Bombay Stock Exchange, while the Sensex ended at 0.8% down at 17,471 points.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)