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Saturday, Sep 02, 2006


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New mandates lift Subros

Analysts attribute the interest in the Subros stock to the recent mandates received by the company to supply truck air conditioners as well as the proposal to introduce a law to make ventilator assembly a compulsory element for trucks. In addition, its planned capacity expansion will also be watched keenly, it is felt. Marketmen underscore the possibility of netting more business, courtesy large players like M&M. On Friday, the scrip went up to Rs 218.80 on the NSE before settling down at Rs 209.85. Volumes, however, were not much - at about 51,000. The 52-week peak stands at nearly Rs 300.

Nilanjan Dey

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Stories in this Section
Rain deficit slips back to 2%; narrowing trend reversed


Warming Pacific may fire up NE monsoon in peninsula
Relaxation in telecom FDI guidelines likely
Inflation dips marginally on lower energy prices
Tarapore panel for 3-phased road-map towards free float
Petro product prices unlikely to be raised now
Michelin plans to enter two-wheeler tyre market
SemIndia firms up funds for phase I
LIC plans to invest Rs 90,000 cr this yr
Allow industrial houses to set up banks: Tarapore panel
Buying in pharma, auto stocks spurs Sensex rally
Ahmednagar Forgings: A value play
New mandates lift Subros
Ratan Tata to be Chairman of Energy Brands Inc
Laptops no longer sole flagbearer for wireless Internet
Big jump in individual I-T returns filed this year
Actis set to buy controlling stake in Nilgiris Dairy Farm


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