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Shri Bajrang Alliance Ltd.

BSE: 526981 Sector: Metals & Mining
NSE: N.A. ISIN Code: INE402H01015
BSE 00:00 | 08 Feb 170.60 -0.95
(-0.55%)
OPEN

178.00

HIGH

179.80

LOW

170.00

NSE 05:30 | 01 Jan Shri Bajrang Alliance Ltd
OPEN 178.00
PREVIOUS CLOSE 171.55
VOLUME 1668
52-Week high 285.00
52-Week low 150.00
P/E 136.48
Mkt Cap.(Rs cr) 154
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 178.00
CLOSE 171.55
VOLUME 1668
52-Week high 285.00
52-Week low 150.00
P/E 136.48
Mkt Cap.(Rs cr) 154
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Shri Bajrang Alliance 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.
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