Yashraj Containers Book Order Position at Rs.110 Crores

Yashraj Containeurs Ltd has announced that the Company has bagged another big Order from Indian Oil Corporation Ltd for the supply of metal barrels worth Rs 20.00 crores which will be consumed largely by its Asaoti installation and the balance by Silvassa Installation. Further to this also, the Company has achieved a moderate Order from Indian Petrochemical Corporation Ltd.

The Company's aggressiveness in its posture against mobilization production and sales is encouraging as the figure shows increase in Graph.

Sales:
October 2005 : Rs 392.27 Lacs
October 2006 : Rs 610.40 Lacs
Rise In % : 56.61%

Sales:
November 2005 : Rs 321.44 Lacs
November 2006 : Rs 609.54 Lacs
Rise In % : 89.63%

The analysis of performance for October 2006 and November 2006 collectively is close to sales recorded in quarter ended September 30, 2006.

We conclude that earlier to this placement of Orders, the book Order position stood at about Rs 90 crores and with this addition it touched Rs 110 crores.

The execution of these Orders will start immediately and has been spread over about 18 months.

Source : Equity Bulls

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