Financial Daily
from THE HINDU group of publications
Wednesday, June 21, 2000
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Financial Daily from THE HINDU group of publications Wednesday, June 21, 2000 |
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Greaves: Better product profile
THE agreement entered into between Greaves and CIFA, SpA of Italy to enlarge the product profile of the former may improve market sentiment in the stock.
Following this arrangement, Greaves would manufacture the CIFA range of concrete pumps and transit mixers. The tie-up represents upgradation of the relationship between the two companies. Earlier, Greaves had a trading arrangement to offer CIFA products
to its customers. CIFA is a construction company that offers products and services for preparation and handling of concrete. This business arrangement may hold the scope for improving the operational contours of Greaves over the medium to long-term. The
Greaves stock may show firm trends. -- BL Research Bureau
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