As many as 489 overseas investment transactions were carried out by various companies in March, as per the Reserve Bank data released on Wednesday.
The company had reported less than 1 per cent of the revenue of Rs 781 crore (Rs 7.81 billion) in 2007-08 from the dredging business. For the nine months ending December 31, 2008, it reported revenue of Rs 853 crore (Rs 8.53 billion), a 61.1 per cent growth over the corresponding period of the previous year as it largely deployed its ships on long-term contracts.
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The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.