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Which website did u see this?
can u post the link.?...
Got to see this article on google about Marg. Could anybody pls confirm if this is correct and if yes why is there no mention of this project on the company website.
Marg Construction secures Cheyur Port contract in TN
Sunday, 27 Apr 2008
BS reported that infrastructure development company Marg Constructions has been selected by Tamil Nadu government to develop a minor port at Cheyur in Tamil Nadu.
Under the contract, Marg Constructions would invest around INR 1,000 crore and would likely fund the project through a special purpose vehicle. The port will commence operations in 48 months.
A senior official close to the development said that the new port is likely to supply coal for the Tamil Nadu Electricity Board’s 4,000 MW power plant coming up near Cheyur at a cost of INR 16,000 crore.
This will be the second port project awarded to Marg Constructions in the southern region. In 2006, the Puducherry government had selected Marg Constructions to build a port at Karaikal. The port is likely to start commercial operations in the first quarter of 2009.
An SPV called Karaikal Port Private Limited has been created by Marg Constructions to set up the project. The SPV has invested INR 416 crore in Phase I of the project, of which INR 302 crore has been raised in debt funding. At the end of Phase I, the port will be capable of handling 4 million tonnes of cargo annually.
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BSE Announcements on Marg
Posted by :
MMB MessengerMarg Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 25, 2009 to September 29, 2009 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on September 29, 2009....
This stock is undergoing a correction. But be sure it will start going up again. Buy at declines and hold. you will get very neat profit....
Is MARG LTD is heading towards 185+ ?...
BSE Announcements on Marg
Posted by : MMB MessengerMarg Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on September 29, 2009. ...
BSE Announcements on Marg
Posted by : MMB MessengerMarg Ltd has informed BSE that the Allotment Committee of Directors of the Company at its meeting held on August 25, 2009 allotted 6,771,619 Convertible Warrants to Promoters, Promoters Group, Employees and Associates on Preferential basis....
Buy Ansal Infra, IB Realest, Marg Costru, HDIL and DLF for very good gains: LT and ST...
Which will you think SURE MULTI-MULTIBAGGER STOCKS in next 3 to 5 years with TARGET PRICE?Please reply...
SEE GUYS MY YESTERDAY RECOMMENTATION
MARG ON FIRE...
i posted n no of msgs when the port became operational that stk is trading at ridiculous valuation
time has come to rerate to reasonable level
look at mundra port pr may be it big
but marg has many div to unlock value
all will be money spinner in due course of time...
company is going to unlock value of its kankaral port whose value alone is estimated to be 800 crores,currently trading at 320 crs of market cap,will unlock value at listing of pipvav port to get maximam benifit.take ur guess where the share price could go.enjoy the ride,surely a multibaggar
source ; moneycontrol...
BUY FOR TOMMORROW FOR 5 % RETURN 100% GURANTEED...
IT`S MARKET MAN THERE IS NO WHY,HOW ITS ALL DEPENT UPON SPECULATORS....
Don`t worry its only an aberration and once in a blue moon event..fairly true..OK?...
