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| Exchange Disseminated Time | Goldstone Teleservices Ltd has informed BSE that the Company has achieved a growth of 105.31% in insulator division for the year 2006-07 in comparison with 2005-06 (2006-07 Rs 25.13 Crores and 2005-06 Rs 12.24 Crores). The Company is expected to keep the same pace of growth and confident of achieving a turnover of Rs 62.00 Crores for the year 2007-08. The Company is having Rs 45.00 Crores on hand orders to be executed in financial year 2007-08.
Further the Company has informed that, the Company is successful in developing the compound required to manufacture corrosive protective heat shrinkable sleeves used for oil and gas pipe lines.
The Company is Commercializing and exploring world market during the financial year 2007-08 and expecting a turnover of Rs 8.00 Crores. |
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