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Decent results from Alok; plans to enter software

(Jan 28, 2000)

A 34% rise in the topline has led to a 67% growth in the bottomline. While operating margins have improved slightly, the company has provided for lower tax in the third quarter. Alok plans to enter the infotech sector by taking a stake in a US company apart from setting up another joint venture with a 60% stake.


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