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Q.

Wanted to know about aban and lt

About: Company: Larsen & Toubro Ltd.

Asked by anita bose, 02 Sep '08 02:02 pm
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Answers (4)

1.

Just BUY dear!
Answered by Subraya Hegde, 02 Sep '08 02:47 pm

 
  
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2.

1986 - The Company was Incorporated on 25th September, and the
Certificate of Commencement of business was obtained on 27th
February, 1987.

- The Company was promoted by M.A. Abraham, managing partner of Arab Constructions, Chennai, Asian Techs Ltd., Cochin, in collaboration with Indian Offshore Inc., U.S.A., a professional drilling company of U.S.A. The Company secured two offshore drilling contracts consequent to Government of India policy to indigenise oil sector and to encourage Indian joint venture companies.
- The Company's object is providing and operating ships, vessels, rigs, structures, equipment and personnel required for on-shore and off-shore drilling, oil field services, etc.

- The Company concluded a collaboration agreement with M/s. India Offshore Inc., USA for both technical know-how and equity participation.

1987 - The imported rigs named as Aban-I and Aban-II were employed at Godavari basin and Mumbai High respectively. The rigs struck ...more
Answered by shailuna, 02 Sep '08 02:09 pm

 
  
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3.

Aban offshore is my fav. counter but don't know how this perform because crude is much down . i had bought aban at 2600 and sell them at 4300 but now trading at 2120 but if u have long term prospective then it can go much higher because crude will remain strong in next 4-6 months
l&t also my fav. stock up more today if u had long term investor then grab it around 2550-2600
ex date for bonus is 3 oct. 08
THANKS
REGARDS
MOHIT MATHUR ( SHARE BR0KER )
Answered by MOHIT MATHUR, 02 Sep '08 02:06 pm

 
  
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4.

Too Good for long term.
Answered by Lucky, 02 Sep '08 02:06 pm

 
  
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