The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. January 3, 2008. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.
|
Sr. No. |
Symbol |
Name of the Company |
ISIN Code |
|
1 |
BURNPUR |
Burnpur Cement Limited |
INE817H01014 |
Add commentJanuary 2nd, 2008
NSE Press Release
The media had reports on June 11, 2007 that JK Lakshmi Cement Limited plans Rs 400cr expansion, towards setting up a cement plant, a grinding unit, a co-generation unit and seven ready mix concrete (RMC) plants.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
JK Lakshmi Cement Limited has vide its letter inter-alia stated,”As stated in the Press Release dated 16th May 2007, the Company is pursuing the RMC business aggressively. It is already operating 5 RMC plants and hopes to add at least 5 to 6 plants during the coming financial year. Further, the Company has already started the work on the projects for further expanding its capacity from the existing 3.4 million MT to 5 million MT. The aforesaid capacity enhancement is expected to be completed by October 2008. This will entail additional power requirement of about 18 MW and necessary modification, etc, in the Plant. For additional power, the Company will have to enhance the capacity of the captive thermal power project by equivalent quantity or outsource it if the power is made available at the same or cheaper cost than the cost of captive generation. The estimated investments for the aforesaid projects would be about Rs 400 crore.”
Add commentJune 12th, 2007
NSE Press Release
The media had reports that JK Lakshmi Cement Limited plans Rs 400cr expansion, towards setting up a cement plant, a grinding unit, a co-generation unit and seven ready mix concrete (RMC) plants.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Reply is awaited from JK Lakshmi Cement Limited.
Add commentJune 11th, 2007
NSE Press Release
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. May 28, 2007. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.
|
Sr. No. |
Symbol |
Name of the Company |
ISIN Code |
|
1 |
BINANICEM |
Binani Cement Limited |
INE042H01019 |
Add commentMay 24th, 2007
Indian Cement Q4 results are just out. The company had a bumper profits during the quarter. The stock is currently trading at 175.75. Markets says that the results are reasonably good. It may be recalled the cement sector is one of the worst hit in the dip during the February - March 2007.
VC & MD of the company, speaking to a leading media channel, said that the company had seen the good results because of good cost control and that their plant is running with 100%. The cement demand in general too is good (’brisk’).
Add commentApril 20th, 2007
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