Saturday, October 9, 2010

ASTERSILICATE - MARGIN will certainly improve.....!!!

****During the year 2007-2008, the company's furnace at Kheda was modified to allow use of biogas and other multi-fuels as an alternate fuel. In April 2008, the company started commercial production at the Bharuch Unit with a capacity of 50 TPD. During the year 2008-2009, the company signed an agreement with a German Public Company for carbon credit offset for switching the fuel source from conventional fuel source to biogas (both Kheda and Bharuch unit). In the same year, the company further modified the entire furnaces to allow operation using 100% biogas.
***
THE ABOVE DETAILS BELONG TO THE CO.
ASTERSILICATE - A Chemical Manufacturing Co.,
****
BUY can be initiated in low quantity around these
levels for holding period upto Ist Qtr result
announcement after going public.

A MULTIBAGGER STOCK at bottom level
as per managements view like Shree Ashtha....buying
was tipped at 11.50 - 12/-.

HAPPY TRADING.

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