Prism Cement has received letter of intent from the Madhya Pradesh government for the allotment of cement grade limestone mining lease for 50 years in Satna district, having reserves of about 23.6 mln tn. Further, cement sectors, as such is seen rallying for last few sessions with the optimism that government would further speed up infrastructure creation vision. Keep an eye on this stock.
Spicejet is focused on establishing a one Stop Shop citizen-centric service delivery model while enhancing the customer’s travel experience. This includes, getting wi-fi facility, providing visa facility for UAE bound customers, among others. Further, PM Modi while flagging off first flight under UDAN scheme has said that, 30 airports will be operational this year. This is the stock to watch out for.
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