Stock Report

Mazda secures order from Jindal Polyfilms Ltd for Rs 17.50 million



Posted On : 2006-12-07 20:27:30( TIMEZONE : IST )

Mazda secures order from Jindal Polyfilms Ltd for Rs 17.50 million

Mazda Ltd has announced that the Company has been awarded a contract for supply of Multi-Stage Ethylene Glycol Vacuum Systems amounting to Rs 17.50 million. This advanced technology developed by the Company, in its own R & D centre improves the overall plant performance, reduces running cost and eliminates affluent thereby protecting the environment.

The Company is targeting this segment of business, as it feels that there is very great potential in this line of business. The Company has the knowledge, experience and resources to make its clients businesses more productive, efficient and profitable. The Company is one of the few manufacturers in India and hence it expects very good growth in this line of business. With few more products scheduled for dispatch in this current quarter, the Company expects good turnover and profit in the current quarter.

Source : Equity Bulls

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