Bajaj raising 2k cr in name of power plant
Posted by :
abhaytiw
BHL IMPORTED RAW SUGAR 10 TIMES MORE THAN BALRAMPUR CHINI ,WHERE AS RENUKA WILL TREADE HIGHER AND HIGHER DUE TO LESS POLITICES IN MAHARASTRA AND KARNATAKA AND TOO MUCH RAW SUGAR AT LOW PRICES
BALRAMPUR LEG BEHIND IN IMPORTED RAW SUGAR ...
LOL !!
Posted by :
Mona123hi guyz...so u guyz still stuck wid ur sugar stocks n sugar mills...lol...check my msg ov 26th ov oct..told evry1 dat balrampur wont cross 160 dat easily..but sme ppl ver laughin..lol...4th ov nov...told evry1 to buy reliance @ 1890 or 1920 call @ 64 wid a future price target ov 2200..n c where it is...now compare d gains balrampur n reliance hv given in dis rally...i think sme fools will stop arguing me on dis shytt stuff...nywayz v r here to talk bout future..now iz d tyme to play a risky shot on balrampur...buy @ 133-135...wid a stoploss ov 129...can give 5-7 % return in 4 dayz...BOL...
Bajaj raising 2k cr in name of power plant
Posted by :
SasonWhy is it falling today??? any specific news......
BSE Announcements on Balrampur Chini
Posted by :
MMB MessengerBalrampur Chini Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 25, 2009, inter alia, to consider the Annual Accounts of the Company for the year ended September 30, 2009 and recommendation of payment of dividend, if any, on the equity shares of the Company....
Bajaj raising 2k cr in name of power plant
Posted by :
abhaytiw
SUGAR COMPANY HAS PAST EXP OF POWER BUSNESS
LAST FISCAL THAY SOLD APPROX 80CR OF POWER
NOW 30% RATE HIKE BY GOVT AND THEY USE EXISTING COGENERATION PLANT WHOLE YEAR IE WITH COAL SO THEY RUN POWER PLANT WHOLE YEAR PAST THEY USE ONLY 135 DAY AVG
SO I THINK TO PUT 400MWATT POWER PLANT AND COAL MINE AQUAGIATION IN FUTURE IS RIGHT STEP FORWARD
ONE IMPORTANT THING THIS POWER PLANT OPERATIONAL IN 18 MONTH IE IF SUGAR CYCLE CHANGE THAN THIS POWER BUSNESS GIVE GOOD STABILITY
NOW BALRAMPUR CHINI LOOK FOR ANOTHER BUYER AT THE END BAJAJHIND HAS DONE RIGHT THING...
Bajaj raising 2k cr in name of power plant
Posted by :
abhaytiw
EXECUATION OF 400MWATT IS VERY FAST DUE TO SOME TECHNICAL REASON (1) 16-Nov-09 09:22 Track this thread Tracked by (0)
Posted by: abhaytiw on ( 16-Nov-09 09:22 )
Price : BSE: Rs 223.25 ( 1.73 % ), NSE: Rs. 223.45 ( 1.75 % )
1: BELOW 500 MWATT ONLY STATE GOVT CLEARENCE NEEDED
2:LAND AQUATION NO PROBLEM THEY ALREADY HAVE
3:AT THE END OF SUGAR CYCLE THEY HAVE AROUND 500MWATT POWER PLANT IE 18 MONTH TIME
...
Bajaj raising 2k cr in name of power plant
Posted by :
SasonYou mean they will use this money to buyout balrampur chini... I dont think they`ll do that......
Bajaj raising 2k cr in name of power plant
Posted by :
cmetIf you are right this is another way of raising the funds required for the takeover of BCL. Also BCL has co-gen facilities and generates power from the bagasse byproduct of crushing cane....
Bajaj raising 2k cr in name of power plant
Posted by :
dereckafHigher Retail Sugar prices will help....
Bajaj raising 2k cr in name of power plant
Posted by :
abhaytiw
SUGAR COMPANY HAS PAST EXP OF POWER BUSNESS
LAST FISCAL THAY SOLD APPROX 80CR OF POWER
NOW 30% RATE HIKE BY GOVT AND THEY USE EXISTING COGENERATION PLANT WHOLE YEAR IE WITH COAL SO THEY RUN POWER PLANT WHOLE YEAR PAST THEY USE ONLY 135 DAY AVG
SO I THINK TO PUT 400MWATT POWER PLANT AND COAL MINE AQUAGIATION IN FUTURE IS RIGHT STEP FORWARD
ONE IMPORTANT THING THIS POWER PLANT OPERATIONAL IN 18 MONTH IE IF SUGAR CYCLE CHANGE THAN THIS POWER BUSNESS GIVE GOOD STABILITY
NOW BALRAMPUR CHINI LOOK FOR ANOTHER BUYER AT THE END BAJAJHIND HAS DONE RIGHT THING...
Bajaj raising 2k cr in name of power plant
Posted by :
m.thanabal
I hope something smelling very much on bajaj takeover of Balrampur
In name of power the loan can be taken in subsidized manner
They may use this fund to take Balrampur
What you guys thinking about it
m.thanabal...
IAM ALWAYS OTHER SIDE OF CAMP
Posted by :
abhaytiw
BHL RAISES 2000CR FOR 400MWATT POWER PLANT ,GOOD FOR BOTH SHARE
...
Agreement between millers and farmers
Posted by :
maximindiaMore than north it wl b south based sugar cos like sakthi pony etc wl rise more bcs of no political interfence plus near to port to import raw sugar at lower cost than north.Anyway all sugar co shares wl remind one of IT shares boom in1999...
Agreement between millers and farmers
Posted by :
cmet
Business Standard has reported that Sugar millers in Uttar Pradesh are believed to have agreed to pay sugarcane farmers about Rs 180 a quintal for buying their produce that may allow early resumption of sugar production. The decision was understood to have been arrived at a meeting called by the Food and Agriculture Minister Sharad Pawar today, sources said.
Though the price offered by the millers is higher than the centre’s Fair and Remunerative price (FRP) of Rs 129 and the State Advised Price (SAP) of Rs 160-170, it is much lower than the Rs 280 a quintal that farmers have been demanding. A source said millers were ready to pay incentives over and above the SAP. Millers also informed the minister that crushing might start this week in UP. Sugar mills have been lying idle due to the farmers’ protest.
Mills in southern states like Tamil Nadu and Karnataka as well as in Maharashtra and Gujarat have started crushing, as there was no such problem with co-operative sector sugar mills in Maharashtra.
Asked whether mills would pay the SAP, Pawar said they would have to pay much more. Pointing out that the country needs sugar as there is a shortage and a gap between demand and supply, Pawar said, “I appeal to the farmers organisation and the state government that farmers have every right to get good price, but there should be no obstruction in processing imported raw sugar.”
Through processing of imported raw sugar, he said there will be an additional availability of sugar, which would help the consumers, who are facing difficulties due to high prices. India’s sugar production is estimated at 16 million tonnes in 2009-10 season, which started last month. The country’s annual domestic consumption is pegged at about 23 million tonnes.
The Centre has allowed imports of raw sugar as well as refined/white sugar to bridge the gap between demand and supply. Since February, the country has contracted over five million tonnes of raw sugar and nearly one million tonnes of refined sugar to increase domestic availability and check rising prices of the sweetener.
With the start of crushing the mills in UP will get re-rated. Expect a rise in the price of these shares....
Balrampur Chini Target 180 . Buy Soon
Posted by :
Sasonwhat`s the time frame ... this week ... this expiry or next year... there`s no point giving immediate buy calls if you dont give the time frame......



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