share came dwon only because of the promotors sell and same time some pledged shares came to the market
its book value is 160rs
they have also been given coal mines by goi including moira madhujirs mines in raniganj so they have their own iron ore and coal which will give a big boost to the company
they plans to set up another 45 mw power plant
their major blue chip clients incude larson,kalpataru power,transmission, areva, kec international,tatapower,bajaj electricals,state electricity board,and indian railways
they exports to uk,greece,isrel,spain,dubai,saudi arabiaand bangaladeh
arcellor mittal is eying on it only because of his thinking that because of 1000cr debt they may sell
but they never sell they can merge with their parent company any time they want
but now that necessity is not there after selling stakes they have dramatically reduced their debts
company fundamentals are all intact buisiness have picked up their coming results will be good
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