Financial Daily
from THE HINDU group of publications
Tuesday, August 29, 2000
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Financial Daily from THE HINDU group of publications Tuesday, August 29, 2000 |
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TNPL: Organic growth
THE indications provided by the top management of TNPL that it would pursue growth through fresh capacity creation and modernisation may augur well from a medium to long-term perspective.
The decision to steer clear of acquisitions may be the right track in an industry where capacities are of a highly fragmented nature and small. With the fundamentals starting to look up, the indications regarding future plans to grow the business may pro
vide a firm undertone to the stock price. -- BL Research Bureau
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Related links: TNPL to raise output capacity -- `M&As will only be a drag' Comment on this article to BLFeedback@thehindu.co.in Send this article to Friends by E-Mail
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