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Q.

Any reasons why the stock has run up on wednesday,thursday, and friday.is it trader's pushing it up, or are there fundamental reasons?

About: Company: Southern Online Bio Technologies Ltd.

Asked by ravishankar, 14 Jul '07 07:45 am
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Answers (2)

1.

i think company has start production and respond is very good buy how much share u can and keep for 2 to 3 year u will get rate un belive
Answered by milind gujar, 14 Jul '07 03:50 pm

 
  
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Yes, its true!!! production has started. I would say, buy and hold as many shares as possible at current rates and with in a month your money will double or triple. And i need not say about long tem..its a sure bet. southern online has informed BSE that it has started production and in 3 months time will get the control of plant from Lurgi, the german company now operating the plant. here below is the report:

Southern Online Bio Technologies Ltd has informed that the country's first Biodiesel plant has started selling Biodiesel on July 12, 2007. The Company has established Biodiesel unit at Samsthan Narayanpur Village & Mandal, Nalgonda District with 40,000 liters per day capacity with an investment of Rs 25.72 crores.

The plant will be operated under the supervision of the engineers of the technology providers i.e. M/s. Lurgi AG, Germany and their Indian partner M/s. CCI, New Delhi and will be handed over to SBT, after 2-3 months successful operations and also after testing va ...more
Answered by ullas nair, 16 Jul '07 01:50 pm

 
  
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