Archive for August, 2009
STRONG REASONS TO BUY
1. Setup projects for Rs. 20000 crores. After completing this it will become india’s second largest refinery.
2. Current price is around Paisa 40. Same with RPL when it haven’t it’s refinery price was around Rs.200.
3. Public confused by share holding, story is , 96 % share are converted to GDR & hold by Bank of New York.
4. Among of them 75 % hold by Spice Group in form of GDR.
5. Crude oil supply contract with BP (World’s Second petroleum Company) for ten Years.
6. Sign MOU for 1000 acres land , Already allotted 400 acres.
7. Currently trading below its face value Rs. 1.
Cals Refineries fixes Book Closure for AGM
Cals Refineries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 09, 2009 to September 16, 2009 (both days inclusive) for the purpose of 25th Annual General Meeting (AGM) of the Company to be held on September 16, 2009.