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02 Jul, 2009
Below Rs 44, Guj NRE can test Rs 32-33: Gujral
Technical Analyst, Ashwani Gujral is of the view that Gujarat NRE Coke has key support at Rs 44 and if Rs 44 gets taken out then we could get down to about Rs 32-33.
Source: Moneycontrol.com
Click here for the full article.29 Jun, 2009
Poor nos due to lower sales, forex liability: Gujarat NRE
Commenting on the company's performance, Arun Kumar Jagatramka, MD, Gujarat NRE Coke, said, the numbers were down due to lower sales as well as the company's forex liability. "We sold around 1,49,000 tonne coke compared to 1,76,000 tonne in the previous quarter. Also, the average price realisations dipped drastically."
Source: Moneycontrol.com
Click here for the full article.28 Jun, 2009
Gujarat NRE Coke FY09 cons PAT down at Rs 90.76 cr
Gujarat NRE Coke has declared its FY09 and Q4 results. The company's FY09 consolidated net sales were up at Rs 1522.6 crore versus Rs 887 crore. Its FY09 consolidated profit after tax was down at Rs 90.76 crore versus Rs 127.32 crore.
Source: Moneycontrol.com
Click here for the full article.22 Jun, 2009
Gujarat NRE has support at Rs 40-42: Gujral
Technical Analyst, Ashwani Gujral is of the view that Gujarat NRE Coke has support at Rs 40-42.
Source: Moneycontrol.com
Click here for the full article.05 Jun, 2009
Gujarat NRE arms' takeover could help it double production capacity
The Australia-listed subsidiary of Gujarat NRE Coke - Gujarat NRE Minerals will make an off-market takeover offer to acquire another Australian coal producer Rey Resources, in which it is already a stakeholder. Rey Resourses has a
Source: The Hindu Business Line
Click here for the full article.05 Jun, 2009
Gujarat NRE arm plans to take over Australia's Rey Resources
Kolkata, June 4 Gujarat NRE Minerals Ltd (GNM), the Australian subsidiary of Gujarat NRE Coke Ltd, has made an off-market takeover bid on Rey Resources Ltd (RRL) in Australia.
Source: The Hindu Business Line
Click here for the full article.05 Jun, 2009
Gujarat NRE offers to buy out Australian mineral explorer
If Gujarat NRE Minerals gets 90% of Rey's shares, it would automatically gain control of the rest 10%
Source: Livemint.com
Click here for the full article.04 Jun, 2009
Gujarat NRE pitches for Aussie Rey, is rebuffed
Coking coal major Gujarat NRE Coke has made an offer to take over Australian coal miner Rey Resources Ltd.
Source: DNA Money
Click here for the full article.04 Jun, 2009
Guj NRE Australian arm offer to buy REY Resources; stk up
Guj NRE Coke touched an intraday high of Rs 56.80 and an intraday low of Rs 53. At 11:29 am the share was quoting at Rs 56.25, up Rs 2.15, or 3.97%. The company's Australian arm offer to buy REY Resources in share swap deal, reports CNBCTV18. It was trading with volumes of 2,827,940 shares.
Source: Moneycontrol.com
Click here for the full article.04 Jun, 2009
Gujarat NRE's Australian arm to buy REY Resources
Arun Kumar Jagatramka, Managing Director, Gujarat NRE Coke said the company's Australian arm had made an offer to buy REY Resources. "The Gujarat NRE arm will offer one company share for every five REY Resources shares."
Source: Moneycontrol.com
Click here for the full article.