you may hold until the budget by that time some upmove is possible... others do not get trapped by book value and other stories... management is inactive as they have already made 300 crore from GDR issue and parked the money outside india... there is nothing in this company in india... they never
11.44 AM Jun 30th
From GDR issue how much money they had spent and what purposes ? What is left as balance and where it is?If U know please reply.When the priced had reached life low why they did not go for a purchase from the open market to increase their holding .Or they should have gone for an open offer which
12.52 PM Jun 15th
Not sure. With some Holders it may be at the time of issue and some may be based on average market price of fixed duration, otherwise there is no reason for share price to godown so drastically even after the annoucement of GDR issue at 50/- per share
11.32 AM May 13th
The settlement order in resepect of below need updation The Company has made a GDR Issue of 1260500 GDRswith each GDR representing 20 underlying shares aggregating to 25210000 underlying shares. The GDRs have been issued to " The Bank of New York", the Depository. These GDRs donot carry voting
8.09 PM Mar 28th
As far as I know that GDR issue details are given in Annual Report for the year 2010-2011.They have utilized from the GDR issue for their subsidiary at UAE to sale their products and trading of steel items.The update position on iron ore mine and palletization is not available.
9.10 PM Mar 19th
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