Scripscan:Diamant Infrastructure Ltd
cmp:15
Code:508860
Story:Diamant Infrastructure Ltd is engaged into Road Construction Business and has diversified into leasing of commercial space & service apartments.The company was incorporated on 1980,as Diamant Carban &Graphate products Limited.The name of company was subsequently changed to Diamant Investment &Finance Ltd w.e.f.01.02.2005.Again the name of the Company was changed to Diamant Infrastructure Ltd. w.e.f 24.03.2010.After takeover the company started Investment & Trading In Stocks for the year 2005-06,then subsequently the company diverted into road construction business for doing projects for JMC India Ltd.,Sadbhav Eng. Ltd. in 2007.After gathering a bit of experience the company went in long term contractwith Ashoka Buildcon Ltd.The company at present is engaged in roadconstruction of 45 km. in state of Chatisgarh and another work is going on in Chhattisgarh state. The company is negotiating with many companies for their on going projects.So its a nothing company which at present price attracts a mind boggling 55crs mcap.Results are nothing to work about.Exit the counter on rallies to move on to something better with a superior intrinsic value.
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