Stock Report

Basant Agro's wind turbine commences Power generation



Posted On : 2007-10-03 00:04:39( TIMEZONE : IST )

Basant Agro's wind turbine commences Power generation

Basant Agro Tech India Ltd has announced that One more milestone achieved by the Company by setting up of wind turbine generator (WTG) plant of the Company in the state of Gujarat. The technology for the said power generation plant was supplied by M/s. Vestas RBB India Ltd. With the commencement of the activity of power generation the bottom line of the Company is expected to improve.

The said power generation activity is not only in commensurate with the national policy of the government of harnessing non conventional sources of energy but also helps in reducing the power deficit of the country. The Company will be highly benefited in long term by setting up this wind turbine generator (WTG).

The stock was trading at Rs.57.70, up by Rs.0.25 or 0.44%. The stock hit an intraday high of Rs.59.50 and low of Rs.56.60.

The total traded quantity was 11053 compared to 2 week average of 46938.

Source : Equity Bulls

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