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Wednesday, May 03, 2006
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Blow Plast: Strong merger ahead

Blow Plast spurted ahead of its proposed merger with VIP Industries (up 10 per cent at Rs 128.45 with a volume of one lakh shares on the BSE). According to dealers, a group of investors is revaluing the stock, considering the strength of VIP brand (conservatively put at Rs 300 crore) as also the future benefits of the marketing and financial synergy.

Jayanta Mallick

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