The CK Birla Group Company has been delisted from Orient Papers. As against equity of Rs20.49 crore the company has reserves of Rs955.81 crore. In the first quarter of FY2017 the company`s income decreased from Rs349.40 crore to Rs437.13 crore, while it witnessed losses of Rs7.56 against profit
9.42 PM Nov 17th
Ultratech is a national cement manufacturer and on huge profit. But CK Birla is known as Sick Birla. This is the difference. You see Orient Cement Balance sheet, last quarter it booked around 20 crores loss.How do you expect its balance sheet will shine soon.Due to huge debt, JP put the cap on CK
4.52 PM Oct 7th
looking to sell the cement division after merger, I dont think ck birla group is interested to sell out. More likely that we see 200 in 2015 provided the expansion of cement capacity in Karnataka gets completed. Remains a great buy for excellent returns.
12.53 PM Nov 16th 2012
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