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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Motilal Oswal Securities Ltd.

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India Cements Ltd Incorporates New Subsidiary For Infra Business-Business Standard

Wednesday, 24 Jul 2013 08:21am EDT 

Business Standard reported that India Cements Ltd has incorporated a new subsidiary for infrastructure business during the fourth quarter. The Company has said that it has bagged orders worth INR1200 million. The Company stated that during the quarter, India Cements Infrastructure Ltd, has been incorporated in the fourth quarter and has become a wholly owned subsidiary of the company. Company officials said that the focus will be on water and road related projects. The first project which the company bagged was from Kerala for laying pipeline for a water drainage project. As of now, the company has orders worth INR1200 million, said a company official. 

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-2.55 -2.58%
24 Apr 2015