share market tips date 2/09/2010
Buy OCL INDIA with target price 148 current price 135OCL India, previously called Orissa Cement, is usually a diversified firm along with interests in cement as well as refractories. The firm's cement companies are found in the East. Such as other players running in this area, OCL India has also benefited from powerful requirement situations in the area. Based on a current economic research, Orissa as well as adjoining Chattisgarh are one of the fastest developing states in the country. It has held the cement need buoyant. share market tips
The firm's set up cement capability had been 5.35 mt by the end of March 2010, an increase of 167per cent through 2 yrs earlier. Their establishments are situated in Orissa. The expansion in the capability has come at a time, when industry-wide dispatch development in eastern area was believed at a buoyant 13.1per cent for that year-ended March 2010.
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