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NSE Announcements on SAIL
Posted by :
MMB MessengerSteel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 994392 lacs for quarter ending on 30-SEP-2009 against Rs. 1212090 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 166349 lacs for the quarter ending on 30-SEP-2009 against Rs. 200960 lacs for the quarter ending on 30-SEP-2008....
SAIL Q2 Numbers Out
Posted by : pms.swastika
SAIL Q2 Numbers Out:
Net Sales at Rs. 9944.00 Cr Vs RS. 12238.50 Cr (-18.75%) (YoY)
Net Profit at Rs. 1663.00 Cr Vs Rs. 2010.00 Cr (-17.26%) (YoY)
Regards
Swastika PMS...
BSE Announcements on SAIL
Posted by : MMB Messenger
Steel Authority of India Ltd (SAIL) has announced the following Unaudited results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 16634.90 million for the quarter ended September 30, 2009 where as the same was at Rs 20096.00 million for the quarter ended September 30, 2008. Total Income is Rs 105752.80 million for the quarter ended September 30, 2009 where as the same was at Rs 124885.80 million for the quarter ended September 30, 2008.
- The Ministry of Corporate Affairs, vide order dated July 28, 2009, notified the approval of amalgamation of Bharat Refractories Ltd. (BRL), another Government Company, with the Company under Section 396 of the Companies Act, 1956. As per the scheme of amalgamation, the amalgamation is effective from the appointed date of April 01, 2007. The amalgamation has been given effect to in accordance with the provisions of the scheme of amalgamation during the current quarter. Accordingly, as stipulated under the scheme of amalgamation, balance of the Profit & Loss Account of the BRL as on April 01, 2007, has been merged in the accounts of the Company. The profit after tax of BRL for the years 2007-08 & 2008-09, has also been credited to the balance of the Profit and Loss Account of the Company. The financial results of the quarter/half year ended September 30, 2008 and the year ended March 31, 2009, do not include the figures of the erstwhile BRL and are therefore not comparable with those of the current quarter/half year. The figures for the current quarter/half year include the results of erstwhile BRL, subsequent to its amalgamation with the Company. ...
165
Posted by : NAUGHTY007u will get resistance in 162-65 levels as per the trend line-if nifty down by another 100 then sub 150 levels-good buy at those levels as no one can predict bottom-hence buy on dips and average...
Heading
Posted by : NAUGHTY007
as predicted down-start buying tommorow around 165 levels
23 Oct 2009 20:55
SELL
Posted by : NAUGHTY007
Price when posted : BSE: Rs 181.95 ( -0.41 % ), NSE: Rs. 182.20 ( -0.46 % )
View full discussion
22 Oct 2009 20:27
sell sail
Posted by : NAUGHTY007
Price when posted : BSE: Rs 182.70 ( -4.12 % ), NSE: Rs. 183.05 ( -3.94 % )
View full discussion
the next target is 172-173 buy at levels below that only... ... ...
SELL
Posted by :
atulastraI agree but only if it closes below Rs180... it took nearly 4 months to break that level so investors can hold with a stop loss of Rs 180 closing basis(you can verify the same through either BSE or NSE EOD data).....
Investment Portfolio
Posted by :
Trade Hawk
keep away from this blog. No great or unknown recommendations. His recommendations are available every where.Dont waste your money with these calls.... he is just a spamster.
...
SELL
Posted by : NAUGHTY007
22 Oct 2009 20:27
sell sail
Posted by : NAUGHTY007
Price when posted : BSE: Rs 182.70 ( -4.12 % ), NSE: Rs. 183.05 ( -3.94 % )
View full discussion
the next target is 172-173 buy at levels below that only... ...
good buy?
Posted by :
ramshree01Is it a good buy at this level @ around 180-185 whats up side and down side to it ?...
updates
Posted by : vkk43Steel Authority of India Ltd (SAIL) has informed BSE that Ministry of Steel has communicated to the Company `in principle` approval of Department of Disinvestment for further public offer equivalent to 10% of existing paid-up equity capital by SAIL as well as disinvestment of equivalent size of equity held by the Government of India in two discrete tranches, each containing 5% of FPO + 5% offer for sale. This is subject to fulfillment of certain conditions including obtaining approval of Cabinet Committee on Economic Affairs (CCEA). After approval of CCEA, the timing for the above offers would be decided considering, inter-alia, SEBI guidelines and prevailing market considerations and also fulfillment of conditions, if any, stipulated in the CCEA approval. ...
NSE Announcements on SAIL
Posted by : MMB MessengerSteel Authority Of India Ltd. has informed the Exchange that: "Ministry of Steel has communicated to the Company in principle approval of Department of Disinvestment for further public offer equivalent to 10% of existing paid-up equity capital by SAIL as well as disinvestment of equivalent size of equity held by the Government of India in two discrete tranches, each containing 5% of FPO + 5% offer for sale. This is subject to fulfillment of certain conditions including obtaining approval of Cabinet Committee on Economic Affairs (CCEA). After approval of CCEA, the timing for the above offers would be decided considering, inter-alia, SEBI guidelines and prevailing market considerations and also fulfillment of conditions, if any, stipulated in the CCEA approval"....
BSE Announcements on SAIL
Posted by : MMB MessengerSteel Authority of India Ltd (SAIL) has informed BSE that Ministry of Steel has communicated to the Company in principle approval of Department of Disinvestment for further public offer equivalent to 10% of existing paid-up equity capital by SAIL as well as disinvestment of equivalent size of equity held by the Government of India in two discrete tranches, each containing 5% of FPO + 5% offer for sale. This is subject to fulfillment of certain conditions including obtaining approval of Cabinet Committee on Economic Affairs (CCEA). After approval of CCEA, the timing for the above offers would be decided considering, inter-alia, SEBI guidelines and prevailing market considerations and also fulfillment of conditions, if any, stipulated in the CCEA approval. ...
sell sail
Posted by : NAUGHTY007the next target is 172-173 buy at levels below that only...
SAIL
Posted by : raghavan42THIS LOOKS GOOD. UPSIDE IS AT LEAST 45 RUPEES...
