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Showing posts from December, 2012

Hindustan Vidyut's results for quarter 30.9.12

                                                                                                                                                                      (Rupees in  Lacs) Particulars Quarter Ended Year To Date Previous accounting year ended (Audited) 30.09.2012 30.06.2012 30.09.2011 30.09.2012 30.09.2011 31.03.2012 1 Income from operations (a)  Net Sales/Income from Operations(Net of excise duty) 15669.74 9504.34 11574.66 25174.08 19533.79 45212.64 (b) Other Operating Income 186.47 92.78 88.02 279.25 ...

Eastern Investment Analysis

  Eastern Investments Limited   is a public sector company promoted by Govt. of India.. There are 5 companies within the fold of Eastern Investment Ltd. The most valuable company in this group is Orissa Mineral Development Corporation Limited which is into Iron Ore Mining. Eastern Investments  is holding 51% Shares in OMDC. It belongs to the Bird Group of Companies. 306000 Shares of Orissa Minerals Development Company Limited are held by  Eastern Investments , which has a small capital of Rs. 1.44 CRORES. Last declared dividend in Eastern Investment Limited is 65.65%   for FY 2010-11 The Shares of  Eastern Investment  are available @ Rs.4500.00 / Share Shares of  Eastern Investments Ltd . are listed at Calcutta Stock Exchange although not traded .TRADES ARE DONE IN OFF MARKET. The Shares of  Eastern Investment  are dematerialised with NSDL & CDSL. At todays price of Rs. 33,000.00 / share of OMDC, the value o...

Guj Nre MR Ltd makes rapid strides

Gujarat NRE Mineral Resources Limited (GNMRL), an associate of Gujarat NRE Coke Limited (GNCL) is poised to make its presence felt in the Oil & Gas Sector with the acquisition, through its Australian subsidiary, Gujarat NRE Oil Ltd., of two onshore exploration blocks covering an area of 10,640 km2 in the highly prospective Central Canning Basin, Western Australia (WA). GNMRL also has major interest in the fast growing Coal and Coke sector in India and Abroad. It has post merger of eight core investment companies of the group, emerged as the controlling stake holder in GNCL , India largest independent Met Coke Producer having a stake of 35%. This in turn allows us to hold controlling stake in Gujarat NRE Coking Coal Ltd (GNCCL), a subsidiaries of GNCL. GNCL is owning and operating two high quality premium hard coking coal mines in Australia having coal resource of over 560MT. Currently GNCL is producing 1.5 MT met coke and co is trying to i...