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GTL Ready To Fire
Posted by :
himadThis stock has behaved in a most peculiar manner these last two weeks; while the market has gone all over the place, GTL has hardly moved. The buyers far out number the sellers but no one is willing to pay a little more or receive a little less and at the end of every day the price moves little over or below 300. What`s cooking?...
NSE Announcements on GTL
Posted by :
MMB MessengerGtl Limited has informed the Exchange that the Board of Directors of the Company, in its meeting held on July 22, 2009, has considered the following: 1) The Board of Directors of the Company in its meeting held on January 15, 2009 recommended buyback of equity shares of the Company at a maximum price of Rs. 260/- per share through open market route, subject to the approval of shareholders and lenders. With the improvement in the macro-economic conditions, the Sensex has moved up by about 40% in the last 3 months and the Companys shares price has been consistently, trading above the maximum buyback price approved by the shareholders since May 07, 2009. In view of the above, the Company has decided not to act on the enabling approval received from the shareholders for buyback of equity shares. The Board has decided to consider utilization of the funds of the Company in the next Board Meeting as and when opportunities crystalise. 2) In order to achieve the corporate objective of common identity, the Board has decided to acquire Ada Cellworks Engineering Private Limited, a step down wholly owned subsidiary of the Company directly instead of its merger with the Company which was earlier announced in April 2009. Further, the Company has submitted to the Exchange a copy of the press release dated July 22, 2009, titled "GTL registers a Revenue growth of 17% on Y-o-Y basis; Net Profit grows by 60% on Y-o-Y basis". A copy of the press release 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 GTL
Posted by : MMB Messenger
GTL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 22, 2009, inter alia, has considered the following:
1. The Board of Directors of the Company in its meeting held on January 15, 2009 recommended buyback of equity shares of the Company at a maximum price of Rs 260/- per share through open market route, subject to the approval of shareholders and lenders. With the improvement in the macro-economic conditions, the Sensex has moved up by about 40% in the last 3 months and the Companys shares price has been consistently trading above the maximum buyback price approved by the shareholders since May 07, 2009. In view of the above, the Company has decided not to act on the enabling approval received from the shareholders for buyback of equity shares. The Board has decided to consider utilization of the funds of the Company in the next Board Meeting as and when opportunities crystalise.
2. In order to achieve the corporate objective of common identity, the Board has decided to acquire Ada Cellworks Engineering Pvt. Ltd, a step down wholly owned subsidiary of the Company directly instead of its merger with the Company which was earlier announced in April 2009. ...
BSE Announcements on GTL
Posted by : MMB MessengerGTL Ltd has informed BSE regarding a Press Release dated July 22, 2009 titled "GTL registers a Revenue growth of 17% on Y-o-Y basis; Net Profit grows by 60% on Y-o-Y basis" ...
BSE Announcements on GTL
Posted by : MMB Messenger
GTL Ltd has announced the following Un-Audited results for the quarter ended June 30, 2009:
The Company has posted a net profit for the period of Rs 435.769 million for the quarter ended June 30, 2009 as compared to Rs 256.326 million for the quarter ended June 30, 2008. Total Income has increased from Rs 3137.507 million for the quarter ended June 30, 2008 to Rs 3737.251 million for the quarter ended June 30, 2009.
The Consolidated results are as follows:
The Group has posted a net profit after tax attributable to Consolidated Group of Rs 589.255 million for the quarter ended June 30, 2009 as compared to Rs 332.505 million for the quarter ended June 30, 2008. Total Income has increased from Rs 4133.903 million for the quarter ended June 30, 2008 to Rs 5115.615 million for the quarter ended June 30, 2009.
The figures for the quarter ended June 30, 2008 are Audited. ...
NSE Announcements on GTL
Posted by : MMB MessengerGTL Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 35098.82 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 4357.69 lacs for the quarter ending on 30-JUN-2009....
NSE Announcements on GTL
Posted by : MMB MessengerGTL Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 49071.39 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 5892.55 lacs for the quarter ending on 30-JUN-2009....
GTL Ready To Fire
Posted by :
Hi-ManGTL Ready To Fire all cylinders. One of the few stocks that bucked the down trun, but underperformed the recent rally. With nifty above 4450, the broarder markets seems to be heading to the next orbit. Expect GTL to charge up in this leg of rally....
NSE Announcements on GTL
Posted by : MMB MessengerGtl Limited has informed the Exchange regarding the resolutions passed with requisite majority through Postal Ballot, results of which was declared on July 20, 2009. The details 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 GTL
Posted by : MMB MessengerGTL Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Special Resolution under Section 372A of the Companies Act, 1956 for making investment or loan or giving guarantee or provide security in connection with loan to an entity / body corporate, with requisite majority....
BSE Announcements on GTL
Posted by : MMB MessengerGTL Ltd has informed BSE that the 21st Annual General Meeting (AGM) of the Company was held on July 10, 2009....
NSE Announcements on GTL
Posted by : MMB MessengerGtl Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 10, 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 GTL
Posted by : MMB Messenger
With reference to earlier annoucement dated July 09, 2009 regarding Q1 results on July 22, 2009, GTL Ltd has now informed BSE that the Board of Directors in its meeting to be held on July 22, 2009, inter alia, would also consider the following business matters:
1. Reviewing the status of the decision for Buyback of equity shares announced by the Company in January 2009; and
2. Reviewing the decision on merger of Ada Cellworks Engineering Pvt Ltd, a step down wholly owned subsidiary of the Company which was announced in April 2009....
BSE Announcements on GTL
Posted by : MMB MessengerGTL Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 22, 2009, inter alia, to consider and approve the Unaudited Financial Results for the Quarter ended on June 30, 2009 (Q1)....
BSE Announcements on GTL
Posted by : MMB MessengerGTL Ltd has informed BSE that the 21st Annual General Meeting (AGM) of the members of the Company will be held on July 10, 2009. ...
