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Bothra Metals & Alloys Ltd.

BSE: 535279 Sector: Metals & Mining
NSE: N.A. ISIN Code: INE583M01012
BSE 00:00 | 07 Jun 6.97 0
(0.00%)
OPEN

6.97

HIGH

6.97

LOW

6.97

NSE 05:30 | 01 Jan Bothra Metals & Alloys Ltd
OPEN 6.97
PREVIOUS CLOSE 6.97
VOLUME 8000
52-Week high 41.40
52-Week low 5.91
P/E
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 6.97
CLOSE 6.97
VOLUME 8000
52-Week high 41.40
52-Week low 5.91
P/E
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bothra Metals & Alloys Ltd. (BOTHRAMETALS) - Chairman Speech

Company chairman speech

Sunderlal Bothra

Dear Shareholders

I am very pleased to present the 16th Annual Report of our company which contains acompilation of the financial performance of our businesses and a brief description of thevalues beliefs and practices that shape our company

The year 2016-17 continued to be a challenging year. Global economic growth was peggedat 3.4% in 2016 marginally better than in 2015. It is expected to grow to 3.6% in 2017.The pickup in global activity is projected to be more gradual than in the October 2015World Economic Outlook (WEO) especially in emerging market and developing economies

Weak economic activity and low productivity growth mean that real wages and consumptionare likely to continue to be disappointing. When reality is coming short of expectationsthere are grievances to be exploited.

Among all the developing economies India's growth in GDP during 2016-17 is estimatedat 7.1 per cent as compared to the growth rate of 7.6 per cent in 2015- 16

This year's Directors' Report gives a very self-explanatory. The company has facedchallenges in this metal industry and due to this turnover decreased from 1729.77 Lakhs inF.Y 2015-16 to 141.80 Lakhs F.Y 2016 – 2017.

Most valuable resource is human resource. We have ensured the steady growth of yourorganization by admitting well qualified and dedicated work force and are on a constantevaluation spree thus enforcing confidence in the prospects of your organization. Westrongly believe that this is the only way forward to cope with the future challenges andcontinue to stay ahead of markets and peers.

My concern in the global market still remains as the fluctuations in US Dollar/Rupeepower shortages and weak growth in traditionally strong economies and its negative effecton global economy in general are causes for concern.

A lot of effort hard work and research go into making this possible. Our constantendeavors to make Bothra Metals & Alloys Ltd an epitome of excellence in working.

Before I conclude. I would like to express my gratitude towards all stakeholders whohave reposed trust in us and extended their constant supports and dedicated team ofemployees and the board of Directors for their supports and guidance

We lookforward to your continued support in future journey.

Thank you.

Sunderlal Bothra

Managing Director