You are here » Home » Companies » Company Overview » Shri Bajarang Alloys Ltd

Shri Bajarang Alloys Ltd.

BSE: 526981 Sector: Metals & Mining
NSE: N.A. ISIN Code: INE402H01015
BSE LIVE 15:40 | 19 Sep 18.40 -0.35
(-1.87%)
OPEN

17.00

HIGH

18.70

LOW

17.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 17.00
PREVIOUS CLOSE 18.75
VOLUME 558
52-Week high 24.45
52-Week low 13.80
P/E 15.21
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 18.40
Sell Qty 140.00
OPEN 17.00
CLOSE 18.75
VOLUME 558
52-Week high 24.45
52-Week low 13.80
P/E 15.21
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 18.40
Sell Qty 140.00

Shri Bajarang Alloys Ltd. (SHBAJRANGALL) - Chairman Speech

Company chairman speech

SHRI BAJRANG ALLOYS LIMITED ANNUAL REPORT 1999-2000 CHAIRMAN ADDRESS Dear Shareholders, I am happy top present the financial result for the period ending 31st March 2000. For 18th month ending 31st March 2000. Shri Bajrang has reported a net income of Rs.85.58 Lacs on the net operating revenue of Rs.6814.11 Lacs as compared to the last years Rs.96.05 Lacs on Rs.4302.35 Lacs. Sales has growth around 6% comparing the last years figures duty enhanced prorata for 18 months. This growth is encouraging but bottom line has squeezed due to reduced margin and upward cost of production. Fierce competition in the market has shown its impact Higher credits, slow realisation and other other factors are pressing hard this industry as a whole and despite good signs of overall stability, the economy is not gaining the momentum to boost up the morale of the industries. However for us the completed period of mixed feeling. We are trying to include new marketing areas and are successful in getting good orders from Eastern as well as Northern Zone which was earlier untapped. This is a good beginning and Company will enjoy the benefits in coming years. ERC Division has completed the Railway orders and is waiting for new orders to be released by them. It is expected that good orders from Railway as well as some private parties will materialise soon. Our inner strength and good financial position is core of our success. I sincerely hope that your wholehearted support will continue to guide us to achieve new heights and to serve the nation in building up infrastructural sector. Let us join hands in welcoming the new millennium in our 10th year of operation.