ABG Shipyard 2QFY2011 performance highlights and results update

ABG Shipyard (ABG) reported strong 2QFY2011 results, ahead of our estimates on the back of revenue booking from the recent orders. ABG has seen revival in fresh order additions (~Rs.2,700cr in FY2011 till date) as compared to a listless FY2010.
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Source: StockMarketsReview

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