Tata Metaliks signs Joint Venture agreement with Kubota Corporation & Metal One, Japan

Tata Metaliks Ltd has announced that the Company on July 20, 2007 has signed a Joint Venture agreement with M/s. Kubota Corporation and M/s. Metal One, both from Japan, for setting up facilities for manufacturing Ductile Iron Pipes in India.

The stock was trading at Rs.137.45, up by Rs.4.05 or 3.04%. The stock hit an intraday high of Rs.142 and low of Rs.131. The total traded quantity was 103351 compared to 2 week average of 97071.

Source : Equity Bulls

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