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Thursday, January 11, 2001

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Shree Cement: Roping in a partner

SHREE Cement's decision to rope in an overseas strategic partner would strengthen the recent firm trend in the stock. The company plans to enter into a strategic tie-up with international majors.

As a part of the proposal, the strategic partner would also pump cash into the company which would come in handy to finance the ongoing capital expenditure projects. Taking into account the operational efficiency and the recent plans, Shree Cement could see a continuation of the recent trend. -- BL Research Bureau

Related links:
Shree Cement bid for strategic partner on innovative terms

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