Thursday, January 4, 2007

moser baer.........a silent mover

world's second largest manufacturer of optical media ,MOSER BAER is betting heavily on photovoltaic technology......its the ability to take photons from light and convert them to energy.....as in solar cells........Moser Baere's PhotoVoltaic(MBPV)manufacturing plant would commence its manufacturing from first quarter of 2007-08,afterwhich the cost of solar cells would reduce.last year the global photovoltaic industry was worth $6billion(Rs. 27000 crore) and by 2010 it would reach $40billion(Rs. 1,80,000 crore)

just 2 get a glimpse of what this technology could do for moser baer have a look at this fact :one of the richest man in CHINA today is Shi Zhengrong (with net worth of $1.43billion or Rs. 6,435 crore),who started Suntech,a company that leads in solar energy....

the stock which is presently trading at 320-330 range can c a fresh breakout that would catapult it past 400 mark....

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