02 September, 2014 02:31 IST
News
ABG Shipyard commits Rs 50 bn investment in Gujarat
Source: IRIS (11-JAN-13)
Comments  |  Post Comment

ABG Shipyard, one of the largest shipbuilding companies in India announced its intentions to build a Greenfield shipyard in three phases along the Gujarat coastline with an estimated investment of Rs 50 billion.

The company has submitted its proposal to the state government during the on-going Vibrant Gujarat Global Investors Summit 2013.

Apart from the proposed investment, ABG Shipyard (Q,N,C,F)* has also planned to expand its facilities at Dahej and Magdalla in three phases, with an estimated investment of Rs 20 billion.

Shares of the company declined Rs 1.35, or 0.34%, to trade at Rs 401.15. The total volume of shares traded was 5,173 at the BSE (3.30 p.m., Friday).


News
Hero MotoCorp sales climb 21% in August'14 - 01-Sep-2014 18:06
Escorts Agri Machinery sales fall 7.3% in August'14 - 01-Sep-2014 17:00
Aditya Forge standalone quarterly net plummets 80.33% - 01-Sep-2014 16:54
Atul Auto sales rise 6.2% in August '14 - 01-Sep-2014 16:03
SBI signs export credit line pact with JBIC - 01-Sep-2014 15:59
TVS Motor August sales grows by 46% - 01-Sep-2014 15:58
Mahindra reports 6% growth in August tractor sales - 01-Sep-2014 15:54
Indusind Bank allots shares under ESOS - 01-Sep-2014 15:52
M&M auto sales down 7.2% in August - 01-Sep-2014 15:48
Ruchi Infra to acquire oil refining buzz for Rs 440 mn - 01-Sep-2014 15:42
Om Metals Infraprojects bags order worth Rs 2.3 bn - 01-Sep-2014 15:36
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   66wcpk into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer