BHAGHEERATHA MAY POST RECORD TURNOVER

Article Abstract:

The Bhagheeratha group is expected to register a record turnover of Rs125 crore in 1998-99 against Rs94 crore in 1997-98. The company completed a 24 km canal work of the Sardar Sarovar Project in 1997-98. It currently has ongoing projects like the Doyang hydro electric power project in Nagaland and Bridges at Varapuzha and Ranni. (khr)

Sales, profits & dividends, Engineering Services, Bhagheeratha

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GAMMON INDA CP

Article Abstract:

Credit Analysis and Research has assigned a PR1+ rating the Rs12 crore commercial paper programme of Gammon India Ltd. The rating reflects the company's comfortable cash flows, satisfactory coverage indicators, favourable capital structure and a healthy order book position. (khr)

Diversified Companies, Financial analysis, Gammon India Ltd.

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