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NSE Announcements on Adhunik Metalik
Posted by :
MMB MessengerAdhunik Metaliks Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE about the Reviewed Financial Results for the Quarter ended June 30, 2009....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE about the Consolidated Financial Results for the Quarter ended June 30, 2009....
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange regarding the result of the voting conducted through Postal Ballot on the Special Resolution under Section 81(1A) of the Companies Act, 1956 relating to raising of additional long term funds through issue of Securities under applicable SEBI Guidelines, which was declared by the Chairman of the Company, on the basis of report submitted by Mr. B.P.Dhanuka Scrutinizer appointed by the Board. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that "The Dividend for the Financial Year ended 31st March 2009 is payable on or after 16th September 2009, subject to approval of the members of the Company at the ensuing Annual General Meeting scheduled to be held on 11th September 2009"....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE that that the result of the voting conducted through Postal Ballot on the Special Resolution under Section 81(1A) of the Companies Act, 1956 relating to raising of additional long term funds through issue of securities under applicable SEBI guidelines, as detailed in the notice dated June 29, 2009 dispatched to all the members of the Company on July 13, 2009, was declared by the Chairman of the Company, on the basis of report submitted by Mr. B. P . Dhanuka, Scrutinizer appointed by the Board....
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that the Annual General Meeting of the members of the Company will be held on September 11, 2009. The Register of Members and Share Transfer Books of the Company will remain closed from August 31, 2009 to September 11, 2009 (both days inclusive) for the purpose of payment of dividend, if declared, in terms of Section 154 of the Companies Act, 1956....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 31, 2009 to September 11, 2009 (both days inclusive) for the purpose of payment of dividend & 8th Annual General Meeting (AGM) of the Company to be held on September 11, 2009....
is it the right time to buy?
Posted by :
brawnym
Thank you Baluji for your time and efforts.
To be honest with you, i couldn`t make out much of the figures. But your comments made it easy for me.
I had also been reading a lot and trying to speak to seniors like you these days and came across Hunung and compact disk as two stocks that seems OK if not best to most. What is your opinion?
I am a complete new to this and I thank you for helping me make a decision. otherwise the board is full of people who like to take advantage and take us for ride.
Sir do you think, somebody like me can learn to read these figures and make sense out of them. can you point to some resources which woudl help me learn the fundamental analysis?
Regards,
Brawny M
...
is it the right time to buy?
Posted by : sbalu
Dear friend,
See the results of Adhunik:
Standalone Result
Scrip Code : 532727 Company : Adhunik Metaliks Ltd
Type Un-Audited Un-Audited Un-Audited Un-Audited Un-Audited Audited
Period Ending 30-Jun-09 31-Mar-09 31-Dec-08 30-Sep-08 30-Jun-08 31-Mar-09
No. of Months 3 3 3 3 3 12
Description Amount(Rs. million)
Net Sales / Interest Earned / Operating Income 2,338.55 2,341.03 2,354.49 3,774.37 3,286.41 11,776.42
Other Income 24.23 10.32 97.07 4.40 22.60 125.86
Total Income 2,362.78 2,351.35 2,451.56 3,778.77 3,309.01 11,902.28
Expenditure -1,897.16 -1,995.68 -2,232.83 -3,140.63 -2,743.28 -10,125.33
Interest -261.49 -234.51 -315.69 -289.36 -225.34 -1,064.90
Profit Before Depreciation and Tax 204.13 121.16 -96.96 348.78 340.39 712.05
Depreciation -126.85 -108.94 -105.74 -80.70 -73.99 -369.39
Profit before Tax 77.27 12.22 -202.70 268.08 266.41 342.67
Tax -15.64 -1.80 22.05 -30.00 -31.46 -41.20
Net Profit 61.63 10.42 -180.64 238.08 234.95 301.47
Equity Capital 1,055.06 912.31 912.31 912.31 912.31 912.31
Basic EPS after Extraordinary items 0.58 0.11 -1.97 2.61 2.58 3.30
Diluted EPS after Extraordinary items 0.58 0.10 -1.56 2.17 2.48 2.90
Nos. of Shares - Public 40,975,835.00 32,821,835.00 32,821,835.00 32,821,835.00 32,821,835.00 32,821,835.00
Percent of Shares-Public 38.84 35.98 35.98 35.98 35.98 35.98
Operating Profit Margin 19.91 15.19 9.29 16.91 17.21 -85.98
Net Profit Margin 2.64 0.45 -7.67 6.31 7.15 2.56
Cash EPS 1.79 1.31 -0.82 3.49 3.39 7.35
My views:While the topline is stagnant, bottomline is picking up.Equity has increased.If their growth plans are sustainable, Adhunik will do well.Hope Q2 will be slightly better than Q1.Anyhow the CMP is higher for their performance, I believe...Decide after consulting few more friends..!
With thanks,
-sbalu
...
is it the right time to buy?
Posted by : brawnym
Dear sir,
I have been following you for a long time, you comments are always full of facts and valuable information. You are really doing a good job of helping new people like me. we get to learn so many things from your posts.
I have read that Franklin Templeton has bought Adhunik in July, can you tell me if this is the right time to buy this stock or you recommand any other stock.
Regards,
Brawny M...
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that the Board in-principally approved merger/amalgamation of Zion Steel Limited with Adhunik Metaliks Limited subject to finalisation of the swap ratio and other formalities....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE regarding a Press Release titled "Adhunik Metaliks Q1FY10 EBIDTA at Rs 46.56 Crores"....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 29, 2009, inter alia, has in-principally approved merger / amalgamation of Zion Steel Ltd with Adhunik Metaliks Ltd subject to finalization of the swap ratio and other formalities. ...
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited had informed the Exchange regarding the Unaudited standalone Financial Results of the Company for the first quarter ended June 30, 2009. The Company has now informed the Exchange that the item 5(h), i.e. Other Expenditure includes a sum of Rs. 47.64 Lacs towards foreign exchange fluctuation loss, which by oversight was not shown separately. The details of the Addendum to Unaudited standalone Financial Results of the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
