23 March 2011

Buzzing Stock - Keynote Capitals (March 23-'11)

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Buzzing Stocks
·      Tata Steel in talks with Govt. of British Columbia to acquire coking coal mines in western Canada.
·      CESC to invest `6800Cr to double its Balagarh plant capacity in West Bengal from 660 mw to 1320 mw.
·      ITC plans to start production at a new paper mill in India in 2014 by spending about `3000Cr.
·      Tata Power Company and Australian solar power company Sunengy entered into a partnership agreement to build a pilot floating on water solar plant in India by the end of this year.
·      Hindustan Copper plans to invest `3677Cr to almost quadruple its existing copper ore production capacity to 12.41mn tonnes per annum by 2016-17.
·      Mundra Port and Special Economic Zone won a bid to develop a coal import terminal at Vishakhapatnam. The terminal will be built at cost of `300Cr. This marks the entry of MPSEZ on the eastern cost of India.
·      Patel Engineering bagged `160.69Cr Tinthini-Kalmala Road upgradation work from Government of Karnataka.

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