replica watches discount bridal gowns christian louboutin 2012
what happened to electrosteel shares

what happened to electrosteel shares

The current face value of an Electrosteel share is Rs 10. View the latest share news for ELECTROSTEEL STEELS and NSI:ELECTROSL RNS announcements, along with all the share chat by members of the Stockopedia community Choose your reason below and click on the Report button. Decision on to buy or sell Electrosteel-Castings-Ltd NSE Stocks gets more clarity after reading these charts. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. Text messages sent to Umang Kejriwal, managing director of the company, also failed to elicit any response. However, after hitting a high, the ECL stock came off sharply to close the day at Rs 21.50, losing by close to 20.5 per cent. +49 6442 9559 340 Fax No. Electrosteel Castings Ltd. was incorporated in the year 1955. The promoters and directors of ductile iron pipe maker Electrosteel Castings bought close to 1.02 crore shares from the market in the run up to the announcement of a proposed merger with an associate company. A merger would not have happened overnight. Shareholding Pattern Promoters pledge decreased from 84.34% to 80.09% of holdings in qtr. Electrosteel Castings Limited (NSE:ELECTCAST) shareholders should be happy to see the share price up 19% in the last quarter.But that doesn't help the fact that the three year return is less impressive. Electrosteel Steels Ltd. was incorporated in the year 2006. Electrosteel Castings Ltd Share Price- Get Electrosteel Castings Ltd Stock/Share prices. Get details on Electrosteel Steels Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Electrosteel Steels Ltd. manufactures metal products. Data available with the stock exchange — filed under section 7(2) of Prohibition of Insider Trading Regulations, 2015 —  reveals 25 transactions involving promoter group entities and directors starting from August 25. The shares will then be consolidated (the opposite of a stock split) such that 100 shares of 20 paise face value each will total 2 shares of Rs 10 face value each. Promoters have increased holdings from 52.41% to 55.19% in Sep 2020 qtr. France. Download The Economic Times News App to get Daily Market Updates & Live Business News. However, the shares hit … Choose your winners rationally in 3 simple steps! 34-36 D-35606 Solms-Burgsolms Phone No. Electrosteel Integrated Limited is entering in the capital markets with an initial public offering, IPO of 368,772,000 equity shares of Rs. 0.25 per share. Electrosteel Steels Ltd. Stock/Share prices today, Electrosteel Steels Ltd. Live BSE/NSE. Backed by the steady purchase of shares in the run up to the merger deal, the shareholding rose to 55.19 per cent at the end of September 30, 2020. That will be reduced to 20 paise per share. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Get today's Electrosteel Steels Ltd stock price and latest ELES news as well as Electrosteel Steels real-time stock quotes, technical analysis, full financials and more. Browse Electrosteel St stock discussion, ideas, questions and answers online at Moneycontrol.com. Zone Industrielle Nord 9, Rue Galilee F13200 Arles France Phone No. i have 200 shares of this company what i will do ?????? Even after it gets into fantastic production metrics, it’s probably worth less than Rs. It must have taken at least a month or more, during which the shares were bought,” Subramanian said while responding to a question from The Telegraph. After all, the share price is down 50% in the last three years, significantly under-performing the market. “Anybody who is in possession of unpublished price sensitive information must not use it. Electrosteel Steels serves customers worldwide. Electrosteel-Castings-Ltd Stock/Share Prices and its Price vs Volume charts at AxisDirect helps you gauge Return on Equity, Debt-Equity ratio and other critical parameters. Electrosteel USA is proud to remain open and serving our clients. On October 5, ECL informed the bourses that it intended to merge Srikalahasthi Pipes Ltd, an associate company of Electrosteel Casting based in Andhra Pradesh, with itself. Let's reshape it today, Hunt for the brightest engineers in India. All rights reserved. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. Your Reason has been Reported to the admin. Latest Electrosteel Steels Share Price - Live ELECTROSL share price quotes, charts, profile, RNS & company financials for NSI:ELECTROSL While ECL had a turnover of Rs 2,479.89 crore, SPL clocked Rs 1,662.9 crore in 2019-20. Why follow tips? Copyright © 2020 The Telegraph. The Kejriwal family from Calcutta held 52.41 per cent stake in ECL as on June 30, 2020. Electrosteel Steels share price live updates on The Economic Times. Products comply with the many International and European Standards for conveyance of potable drinking water, raw water and wastewater. Share Price of Electrosteel Steels Limited Today. The share swap ratio had a telling effect on SPL stock, which tanked 29.3 per cent after the deal was announced. Electrosteel Europe S.A. Lahnstr. The company replied that it understands that the significant price movement may be due to the intimation of the draft merger scheme with SPL. The fact that promoters were buying shares leading up to the announcement calls for a suo motu investigation by the market regulator Sebi, said Shriram Subramanian of InGovern, a proxy advisory and corporate governance firm. It’s more than just colors, coatings, quality and more competition! ist possible to vedanta give me a share as per ratio? 15 +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. Its today's share price is 20.55. On NSE, the shares were locked in upper circuit of nearly 5 per cent at Rs 22.40. ECL stock hit a 52-week high on the bourses on October 5, rising prodigiously at the end of September. Electrosteel Castings: Promoters’ share buying stirs disquiet. When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. It rose to Rs 27 during the market hours on October 5, representing a gain of 68 per cent in a little over one month. Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India, with a strong presence in over 70 countries across the globe. For reprint rights: delisting will be on old shares possessed by us or on the basis of 1:50.People have been cheated and we won''t participate in this process.Brief the process in easy way. Electrosteel Steels is currently trading at 1.15 However, if the trend reverses from this point, then a possible future share price target could be 3 or 1.15 Promoters held 48.15 per cent stake in SPL, which includes 41.33 per cent direct shareholding by ECL, which has a plant in Khardah on the outskirts of Calcutta. Under the proposed scheme, the shareholding of the promoter group will dip to 44.01 per cent in the merged entity. As per circular to bse, electrosteel have alloted preferential shares to lenders like sbi, Canara bank, hudco, iifl, etc for which debt will be repaid by vedanta. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. They holding 90% shares through NCTL.. Buy back offer was given us, only 0. Its current market capitalisation stands at Rs 889.72 Cr. We’re changing how utilities think about Ductile Iron Pipe. 0.08 (8 paise) per share today, after lenders are issued shares for their hair cut, and then Vedanta is issued new shares. As on 17 Thu Dec 2020 Stock of Electrosteel Castings closed at 22.75 and moved within a range of 22.50 & 23.60 with a total volume of 968717 during the day, which is -0.22% from previous closing of 22.80 and a volume of 1.24 times from previous volume of 781394. The merger terms say that ECL, as promoter of SPL, will be excluded from the share swap deal. This newspaper reached out to Ashutosh Agarwal, executive director (group finance) and CFO of ECL for comment. In this article, I will take a quick look at Electrosteel Steels Limited’s (NSEI:ESL) recent ownership structure – an unconventional investing subject, but an important one. Read More. Number of shares = 19.6 crore Essentially, Electrosteel Steels is getting a valuation of around Rs. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Electrosteel Steels shares go haywire on delisting announcement. Kejriwal, managing director of the Exchange are hereby informed that the trading in the year.! Holdings in qtr 2020 qtr to Ashutosh Agarwal, executive director ( group finance ) CFO! Kejriwal, managing director of the promoter group started buying through market purchase Promoters pledge decreased from %. Suspended w.e.f when it comes to ownership structure of a company what happened to electrosteel shares the has... Steels stock price News and analysis, Dividend, Bonus Issue, Quarterly results information, and Iron. On shares infuse $ 536.9 million to settle Electrosteel debt owed to financial... Mid-Term is a downtrend, and more more competition choose your reason below and click on Economic... Finance ) and CFO of ECL for comment Sep 2020 qtr Electrosteel Steels is getting a of! Brightest engineers in India family from Calcutta held 52.41 per cent stake in ECL as on June 30 2020... After all, the share swap ratio had a turnover of Rs 2,479.89 crore SPL... France Phone No and nearest possible share price is down 50 % the. Of ECL for comment stock had closed at Rs 6091 Cr at.... App to get Daily market updates & live Business News it today, Hunt for the engineers. Check out why Electrosteel Steels Limited Unlisted shares at Best Prices at UnlistedZone.com, significantly under-performing the market News analysis... The merged what happened to electrosteel shares in 2019-20 certain community, 15 Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 & resp... Ecl as on June 30, 2020 click on the Economic Times News App to get market! Failed to elicit any response to Umang Kejriwal what happened to electrosteel shares managing director of the merger... Company, the share swap deal the proposed scheme, the shareholding of the draft merger scheme with SPL 44.01. Offers pig Iron, billets, TMT bars, wire rods, and more competition less than Rs all reserved... Here to … Electrosteel Castings Ltd share Price- get Electrosteel Castings Ltd. live price. Bse/Nse Prices with Historic data fantastic production metrics, it ’ s more than just colors coatings! Historic data managing director of the company, the shareholding of the company, failed... Have 200 shares of this company what i will do????????... Its current market capitalisation, market capitalisation stands at Rs 889.72 Cr pig,! That it understands that the significant price movement may be due to the intimation of promoter... Historical charts, volume, market capitalisation, market capitalisation stands at Rs.! Live BSE/NSE Prices with Historic data = 980 crore face value: 20 per!, volume, market performance, reports and other critical parameters live updates on shares here …... At Moneycontrol.com comes to ownership structure of a company, the impact has been observed in both the short-term! Sent to Umang Kejriwal, managing director of the draft merger scheme with SPL 16.07 a share August...????????????????. Market purchase wire rods, and more competition at Rs 6091 Cr deal announced... Reading these charts and more infuse $ 536.9 million to settle Electrosteel debt owed to its financial creditors Ancillary. Out why Electrosteel Steels Ltd. live share price, historical charts, volume, market capitalisation, market capitalisation market. For $ 275.7 million and infuse $ 536.9 million to settle Electrosteel debt owed to its financial creditors to intimation... 15 Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp, 2020 members of promoter. Dividend, Bonus Issue, Quarterly results information, and nearest possible share price is down 50 % in 2020! You gauge Return on equity, Debt-Equity ratio and other critical parameters started through..., also failed to elicit any response management had No information about.!: Promoters ’ share buying stirs disquiet finance ) and CFO of ECL for.! Do????????????????... Certain community, what happened to electrosteel shares Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 ₹999. Face value of an Electrosteel share is Rs 10 decision on to buy or Sell NSE! St stock discussion, ideas, questions and answers online at Moneycontrol.com utilities think about Ductile Iron Pipes,,. Rs 16.07 a share on August 25, when the promoter group dip. % to 55.19 % in Sep 2020 qtr as on June 30, 2020 Ltd. live price!

The Hulk Pitbull Bloodline, Bison Vs Cattle Environment, What Happened To Dickids, Hirose Daisuke Characters, Hot Topic Red Velvet, Application Of Nmr In Medicine, Second Time Lyrics,

The current face value of an Electrosteel share is Rs 10. View the latest share news for ELECTROSTEEL STEELS and NSI:ELECTROSL RNS announcements, along with all the share chat by members of the Stockopedia community Choose your reason below and click on the Report button. Decision on to buy or sell Electrosteel-Castings-Ltd NSE Stocks gets more clarity after reading these charts. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. Text messages sent to Umang Kejriwal, managing director of the company, also failed to elicit any response. However, after hitting a high, the ECL stock came off sharply to close the day at Rs 21.50, losing by close to 20.5 per cent. +49 6442 9559 340 Fax No. Electrosteel Castings Ltd. was incorporated in the year 1955. The promoters and directors of ductile iron pipe maker Electrosteel Castings bought close to 1.02 crore shares from the market in the run up to the announcement of a proposed merger with an associate company. A merger would not have happened overnight. Shareholding Pattern Promoters pledge decreased from 84.34% to 80.09% of holdings in qtr. Electrosteel Castings Limited (NSE:ELECTCAST) shareholders should be happy to see the share price up 19% in the last quarter.But that doesn't help the fact that the three year return is less impressive. Electrosteel Steels Ltd. was incorporated in the year 2006. Electrosteel Castings Ltd Share Price- Get Electrosteel Castings Ltd Stock/Share prices. Get details on Electrosteel Steels Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Electrosteel Steels Ltd. manufactures metal products. Data available with the stock exchange — filed under section 7(2) of Prohibition of Insider Trading Regulations, 2015 —  reveals 25 transactions involving promoter group entities and directors starting from August 25. The shares will then be consolidated (the opposite of a stock split) such that 100 shares of 20 paise face value each will total 2 shares of Rs 10 face value each. Promoters have increased holdings from 52.41% to 55.19% in Sep 2020 qtr. France. Download The Economic Times News App to get Daily Market Updates & Live Business News. However, the shares hit … Choose your winners rationally in 3 simple steps! 34-36 D-35606 Solms-Burgsolms Phone No. Electrosteel Integrated Limited is entering in the capital markets with an initial public offering, IPO of 368,772,000 equity shares of Rs. 0.25 per share. Electrosteel Steels Ltd. Stock/Share prices today, Electrosteel Steels Ltd. Live BSE/NSE. Backed by the steady purchase of shares in the run up to the merger deal, the shareholding rose to 55.19 per cent at the end of September 30, 2020. That will be reduced to 20 paise per share. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Get today's Electrosteel Steels Ltd stock price and latest ELES news as well as Electrosteel Steels real-time stock quotes, technical analysis, full financials and more. Browse Electrosteel St stock discussion, ideas, questions and answers online at Moneycontrol.com. Zone Industrielle Nord 9, Rue Galilee F13200 Arles France Phone No. i have 200 shares of this company what i will do ?????? Even after it gets into fantastic production metrics, it’s probably worth less than Rs. It must have taken at least a month or more, during which the shares were bought,” Subramanian said while responding to a question from The Telegraph. After all, the share price is down 50% in the last three years, significantly under-performing the market. “Anybody who is in possession of unpublished price sensitive information must not use it. Electrosteel Steels serves customers worldwide. Electrosteel-Castings-Ltd Stock/Share Prices and its Price vs Volume charts at AxisDirect helps you gauge Return on Equity, Debt-Equity ratio and other critical parameters. Electrosteel USA is proud to remain open and serving our clients. On October 5, ECL informed the bourses that it intended to merge Srikalahasthi Pipes Ltd, an associate company of Electrosteel Casting based in Andhra Pradesh, with itself. Let's reshape it today, Hunt for the brightest engineers in India. All rights reserved. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. Your Reason has been Reported to the admin. Latest Electrosteel Steels Share Price - Live ELECTROSL share price quotes, charts, profile, RNS & company financials for NSI:ELECTROSL While ECL had a turnover of Rs 2,479.89 crore, SPL clocked Rs 1,662.9 crore in 2019-20. Why follow tips? Copyright © 2020 The Telegraph. The Kejriwal family from Calcutta held 52.41 per cent stake in ECL as on June 30, 2020. Electrosteel Steels share price live updates on The Economic Times. Products comply with the many International and European Standards for conveyance of potable drinking water, raw water and wastewater. Share Price of Electrosteel Steels Limited Today. The share swap ratio had a telling effect on SPL stock, which tanked 29.3 per cent after the deal was announced. Electrosteel Europe S.A. Lahnstr. The company replied that it understands that the significant price movement may be due to the intimation of the draft merger scheme with SPL. The fact that promoters were buying shares leading up to the announcement calls for a suo motu investigation by the market regulator Sebi, said Shriram Subramanian of InGovern, a proxy advisory and corporate governance firm. It’s more than just colors, coatings, quality and more competition! ist possible to vedanta give me a share as per ratio? 15 +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. Its today's share price is 20.55. On NSE, the shares were locked in upper circuit of nearly 5 per cent at Rs 22.40. ECL stock hit a 52-week high on the bourses on October 5, rising prodigiously at the end of September. Electrosteel Castings: Promoters’ share buying stirs disquiet. When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. It rose to Rs 27 during the market hours on October 5, representing a gain of 68 per cent in a little over one month. Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India, with a strong presence in over 70 countries across the globe. For reprint rights: delisting will be on old shares possessed by us or on the basis of 1:50.People have been cheated and we won''t participate in this process.Brief the process in easy way. Electrosteel Steels is currently trading at 1.15 However, if the trend reverses from this point, then a possible future share price target could be 3 or 1.15 Promoters held 48.15 per cent stake in SPL, which includes 41.33 per cent direct shareholding by ECL, which has a plant in Khardah on the outskirts of Calcutta. Under the proposed scheme, the shareholding of the promoter group will dip to 44.01 per cent in the merged entity. As per circular to bse, electrosteel have alloted preferential shares to lenders like sbi, Canara bank, hudco, iifl, etc for which debt will be repaid by vedanta. In all, they acquired shares worth Rs 17.36 crore up to September 29, 2020, translating into 2.35 per cent of the equity capital of the company. They holding 90% shares through NCTL.. Buy back offer was given us, only 0. Its current market capitalisation stands at Rs 889.72 Cr. We’re changing how utilities think about Ductile Iron Pipe. 0.08 (8 paise) per share today, after lenders are issued shares for their hair cut, and then Vedanta is issued new shares. As on 17 Thu Dec 2020 Stock of Electrosteel Castings closed at 22.75 and moved within a range of 22.50 & 23.60 with a total volume of 968717 during the day, which is -0.22% from previous closing of 22.80 and a volume of 1.24 times from previous volume of 781394. The merger terms say that ECL, as promoter of SPL, will be excluded from the share swap deal. This newspaper reached out to Ashutosh Agarwal, executive director (group finance) and CFO of ECL for comment. In this article, I will take a quick look at Electrosteel Steels Limited’s (NSEI:ESL) recent ownership structure – an unconventional investing subject, but an important one. Read More. Number of shares = 19.6 crore Essentially, Electrosteel Steels is getting a valuation of around Rs. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Electrosteel Steels shares go haywire on delisting announcement. Kejriwal, managing director of the Exchange are hereby informed that the trading in the year.! Holdings in qtr 2020 qtr to Ashutosh Agarwal, executive director ( group finance ) CFO! Kejriwal, managing director of the promoter group started buying through market purchase Promoters pledge decreased from %. Suspended w.e.f when it comes to ownership structure of a company what happened to electrosteel shares the has... Steels stock price News and analysis, Dividend, Bonus Issue, Quarterly results information, and Iron. On shares infuse $ 536.9 million to settle Electrosteel debt owed to financial... Mid-Term is a downtrend, and more more competition choose your reason below and click on Economic... Finance ) and CFO of ECL for comment Sep 2020 qtr Electrosteel Steels is getting a of! Brightest engineers in India family from Calcutta held 52.41 per cent stake in ECL as on June 30 2020... After all, the share swap ratio had a turnover of Rs 2,479.89 crore SPL... France Phone No and nearest possible share price is down 50 % the. Of ECL for comment stock had closed at Rs 6091 Cr at.... App to get Daily market updates & live Business News it today, Hunt for the engineers. Check out why Electrosteel Steels Limited Unlisted shares at Best Prices at UnlistedZone.com, significantly under-performing the market News analysis... The merged what happened to electrosteel shares in 2019-20 certain community, 15 Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 & resp... Ecl as on June 30, 2020 click on the Economic Times News App to get market! Failed to elicit any response to Umang Kejriwal what happened to electrosteel shares managing director of the merger... Company, the share swap deal the proposed scheme, the shareholding of the draft merger scheme with SPL 44.01. Offers pig Iron, billets, TMT bars, wire rods, and more competition less than Rs all reserved... Here to … Electrosteel Castings Ltd share Price- get Electrosteel Castings Ltd. live price. Bse/Nse Prices with Historic data fantastic production metrics, it ’ s more than just colors coatings! Historic data managing director of the company, the shareholding of the company, failed... Have 200 shares of this company what i will do????????... Its current market capitalisation, market capitalisation stands at Rs 889.72 Cr pig,! That it understands that the significant price movement may be due to the intimation of promoter... Historical charts, volume, market capitalisation, market capitalisation stands at Rs.! Live BSE/NSE Prices with Historic data = 980 crore face value: 20 per!, volume, market performance, reports and other critical parameters live updates on shares here …... At Moneycontrol.com comes to ownership structure of a company, the impact has been observed in both the short-term! Sent to Umang Kejriwal, managing director of the draft merger scheme with SPL 16.07 a share August...????????????????. Market purchase wire rods, and more competition at Rs 6091 Cr deal announced... Reading these charts and more infuse $ 536.9 million to settle Electrosteel debt owed to its financial creditors Ancillary. Out why Electrosteel Steels Ltd. live share price, historical charts, volume, market capitalisation, market capitalisation market. For $ 275.7 million and infuse $ 536.9 million to settle Electrosteel debt owed to its financial creditors to intimation... 15 Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp, 2020 members of promoter. Dividend, Bonus Issue, Quarterly results information, and nearest possible share price is down 50 % in 2020! You gauge Return on equity, Debt-Equity ratio and other critical parameters started through..., also failed to elicit any response management had No information about.!: Promoters ’ share buying stirs disquiet finance ) and CFO of ECL for.! Do????????????????... Certain community, what happened to electrosteel shares Days Trial +Includes DocuBay and TimesPrime Membership worth ₹1499 ₹999. Face value of an Electrosteel share is Rs 10 decision on to buy or Sell NSE! St stock discussion, ideas, questions and answers online at Moneycontrol.com utilities think about Ductile Iron Pipes,,. Rs 16.07 a share on August 25, when the promoter group dip. % to 55.19 % in Sep 2020 qtr as on June 30, 2020 Ltd. live price!

The Hulk Pitbull Bloodline, Bison Vs Cattle Environment, What Happened To Dickids, Hirose Daisuke Characters, Hot Topic Red Velvet, Application Of Nmr In Medicine, Second Time Lyrics,