ABG Shipyard

TO SET UP SHIPYARD AT Rs 20 bn

Posted by : rvk41
Price when posted : BSE: Rs 398.25 ( 6.88 % ), NSE: Rs. 395.15 ( 6.60 % )

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ABG Shipyard has decided to set up a greenfield shipyard in south Gujarat with an investment of Rs 12 billion, reports Economic Times.

The new shipyard will be set up over 300 acres, largest among its two existing shipyards at Surat and at Dahej in Gujarat.

The new shipyard will cater to larger ships and offshore vessels. It will have a capacity of building six to eight ships a year.

The proposed shipyard will be set up near existing facility in Hazira and expected to be operational in three years.

The company expects that the new shipyard will be able to generate revenues of over Rs 20 billion every year.

For information,with regards
rvk41
...

NSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 367.25 NSE:Rs. 372.00 when posted]

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Abg Shipyard Limited has informed the Exchange that "Our company has been awarded with a Shield for Star Performer as Large Enterprise in the product group of Other Transport Equipments including Vessels in recognition of our outstanding contribution to Engineering Exports during the year 2006-07". Further the company has informed the Exchange that "We have been recipient of All India Trophy for Highest Exporters in the category of highest growth in export - Non SSI, for the fifth consecutive year and 6th overall i.e. 2000-01, 2002-03 & 2003-04, 2004-05 ,2005-06 & 2006-07 given by the engineering Export Council and also got trophy for highest exporter for highest growth in exports (non SSI) for our performance during the year 2003-04 awarded by the Engineering Export Promotion Council"....

BSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 367.25 NSE:Rs. 372.00 when posted]

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ABG Shipyard Ltd has informed BSE that the Company has been awarded with a Shield for Star Performer as Large Enterprise in the product group of Other Transport Equipments including Vessels in recognition of Companys outstanding contribution to Engineering Exports during the year 2006-07....

All long term guys - This is your stock

Posted by : KJP
Price when posted : BSE: Rs 333.95 ( 1.57 % ), NSE: Rs. 332.30 ( 1.20 % )

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ABG Shipyard & ABG Infralog, both the stocks ideal for long term. Good buy at current levels....

abg

Posted by : raman1280
Price when posted : BSE: Rs 328.80 ( -2.38 % ), NSE: Rs. 328.35 ( -2.23 % )

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hi,this is a multibagger trading at most attractive valuations,dividend paying best shipping company,being held by many influential funds.buy it guys at 328 and see the rate of 400 in a month....

NSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 329.30 NSE:Rs. 329.75 when posted]

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Abg Shipyard Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 30, 2008) regarding the proceeds raised by the company in its IPO, have been fully deployed for the purpose mentioned in the prospectus. 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)....

NSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 334.75 NSE:Rs. 336.65 when posted]

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Abg Shipyard Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 30, 2008 inter alia, have accorded their consent for the following: 1) The Net Sales has increased by 38.99% from Rs.196.63 crore for the quarter ended June 30, 2007 to Rs. 273.30 crore for the quarter ended June 30, 2008. The net profit has increased by 40.71% from Rs.33.41 crore for the quarter ended June 30, 2007 to Rs.47.01 crore for the quarter ended June 30, 2008. 2) The Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2008 to September 22, 2008 (both days inclusive) for the purpose of payment of Dividend, if declared, and Annual General Meeting (AGM) of the Company to be held on September 22, 2008....

BSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 334.75 NSE:Rs. 336.65 when posted]

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ABG Shipyard Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2008 to September 22, 2008 (both days inclusive) for the purpose of payment of dividend & 23rd Annual General Meeting (AGM) of the Company to be held on September 22, 2008....

BSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 342.60 NSE:Rs. 343.75 when posted]

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ABG Shipyard Ltd has announced the following Unaudited results for the quarter ended June 30, 2008:

The Company has posted a profit after tax of Rs 470.129 million for the quarter ended June 30, 2008 as compared to Rs 334.038 million for the quarter ended June 30, 2007. Total Income has increased from Rs 2066.647 million for the quarter ended June 30, 2007 to Rs 2800.900 million for the quarter ended June 30, 2008....

Stock to watch: Satyam, BHEL

Posted by : MMB Messenger
Price when posted : BSE: Rs 357.40 ( -1.27 % ), NSE: Rs. 352.50 ( -2.76 % )

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Markets were in a euphoric mood, giving big thumbs up to the UPA winning Tuesday's trust vote. Amar Ambani of India Infoline is bullish on Satyam Computer and Indian Hotels. Deven Choksey of KR Choksey Securities is positive on BHEL and Reliance Communications.



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Neyveli lignite

Posted by : boradinesh
Price when posted : BSE: Rs 362.05 ( 0.01 % ), NSE: Rs. 360.90 ( -0.44 % )

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how much is the headroom for neyveli from this level & what will be the good level to book profit & renter in it?...

BSE Announcements on ABG Shipyard

Posted by : MMB Messenger
Price when posted : [ABG Shipyard - BSE:Rs. 344.00 NSE:Rs. 342.45 when posted]

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ABG Shipyard Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 30, 2008, inter alia, to consider and take on record, the un-audited financial results of the Company for the quarter ended June 30, 2008 (Q1)....

Immediate Target 450/-

Posted by : jump
Price when posted : BSE: Rs 331.00 ( -2.36 % ), NSE: Rs. 336.00 ( -0.77 % )

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Lots of accumulation happening in this stock at 330 levels for last 1 month. Immediate target 450/- Source: Prabhudhas liladher...

ABEY KHAJUR ITS BHARTI NOT ABG........

Posted by : Guest
Price when posted : BSE: Rs 337.20 ( -0.09 % ), NSE: Rs. 339.05 ( 0.21 % )

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tIMES NEWS REGD NEW SHIPYARD.Dont lose your dads hard earned money in this mkt if you can not even read papre....

Why this stock is down?

Posted by : sureshkvl
Price when posted : BSE: Rs 337.30 ( -0.06 % ), NSE: Rs. 338.00 ( -0.10 % )

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What happend to the new order. irrespective of that news, why the stock is going down?
What s ...