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Avon corporation from 4.95Rs. to 11.28 Rs. with in 12 Trading seesions.
Ennore Coke Recommended at Rs. 22 reached Rs. 155
Srinivasa Hatcheries from Rs. 30 to Rs. 170.
Fame India from Rs. 19 to Rs. 146.
AXIS IT from Rs. 23 to 146
CHD Developers from Rs. 5.3 to Rs. 15.62

TCI Finance from Rs. 22 to Rs.129(With in 7 months)

Premier explosives from Rs. 35 to Rs. 147.


Wednesday, October 6, 2010

Ennore coke Planning to set up Ammonia Project in West Bengal.

Below you can see the status of the Ammonia project which is planned at Haldia,

Haldia Ammonia Project
The Rs 1,600-crore ammonia gasification project that was slated to come up by the end of the year, under Ennore Coke, has been delayed due to procrastination in allotment of coal linkages to the company by the West Bengal government.

“There is a need for a proactive government. The government of West Bengal, through the (West Bengal) Mineral Development and Trading Corporation, has the power to allocate coal linkage for the project, and yet the application for the same has been pending for the past year,” said Ganesan Natarajan, president and CEO, Ennore Coke.

Natarajan said that the project could not be implemented in the absence of the allocation of local coal linkages.

“It is impossible for the project to be implemented in the absence of linkages, because with coal imports, the cost effective equations do not work out,” he said

The estimated production capacity of the unit is 1,050 tonnes per day of ammonia
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Ennore coke is in the hands of SHriram group under the guidance of Ganesh Natarajan, this can be considered as an Fixed deposit in bank which will give you sure shot multibagger returns.

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