Today's top midcaps: Aventis, ING Vysya (CNBC- TV18, Moneycontrol.com 16th Jan 2008) In an exclusive interview with CNBC-TV18, IV Subramanium of Quantum Advisors said that Aventis Pharma, ING Vysya Bank and Geometric Software are his top three midcap picks. On a valuation basis, Aventis Pharma looks reasonably cheap and on a long-term basis, the story looks pretty okay, he said adding that ING Vysya, while it’s got a lot of competition, structurally they are doing a lot of things which will bring down their costs. He is bullish on Geometric Software as it has a fairly good financial structure and it’s still able to retain a good amount of its employees. Read the complete Interview
Jyoti Structures on Tuesday said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) Ltd for construction of transmission lines. The company has bagged Rs 160-crore order from Uganda Electricity Transmission Company Ltd for construction of transmission lines and sub-stations. Besides, the company's joint venture company Jyoti Structures Africa (Pty) Ltd has bagged a contract for Eskom Enterprises (Pty) Ltd, the electricity utility of South Africa for construction of transmission line. The scope of the order from Uganda Electricity Transmission Company includes supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange. The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 kV and 132 kV transmission lines and substations.
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