Cals Refineries Latest News Update

Wednesday, November 25, 2009

Cals Refineries Latest News Update

West Bengal govt extends guarantee for Cals Refineries loan. Cals refineries is one of the few penny stocks in stock market which is being discussed a lot for it's future prospects.

Cals Refineries announced that West Bengal Industrial Development Corporation has informed the company that West Bengal Government has extended the guarantee for release of first installment of loan under the incentive scheme approved by the West Bengal Government.

The company is promoted by a group of individuals having well established businesses in India with a strong global presence in Oil & Gas, hospitality and infrastructure.

With the energy sector playing a pivotal role in global economies, the company aims to actively participate in its growth in India as well as in international mark.

Read: CALS Refineries - Multibagger Penny Stocks To Buy .. Is It?

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2 comments:

Varun, May 21, 2010 8:30 PM: Dear Sir,

Can you please suggest what the future hold for this stock. As per your recommendation I have entered in the stock. The article above and research done by you is fantastic.

I am little skeptical on the stock price. As everyday it is making new lows. I am still holding it. I have 1.5L shares@3.4. So please suggest me what should I do and what should be my return expectation horizon.

Regards,
Varun Aggarwal
Suahe, June 4, 2010 3:56 PM: I HAVE 1.585 LACS SHARE ALSO BUT DONT SEL BEFORE 5 YEARS WETING FOR TOCH RS-100