Chambal Fertilisers signs Shipbuilding Contract with Hyundai Heavy Industries Co., South Korea

Chambal Fertilisers & Chemicals Ltd has announced that the Company has signed Shipbuilding Contract with Hyundai Heavy Industries Co. Ltd, South Korea for building / acquisition of one Aframax Tanker(dwt 1,05,830). The vessel is expected to be delivered in April 2010.

The shares of the company closed in BSE at Rs.31.35, up by Re.0.20 (+0.64%) compared to its previous close of Rs.31.15.

Source : Equity Bulls

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