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Moneycontrol >> Messageboard >> Stocks >> Ashapura Minechem
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Ashapura Minechem

Belongs to: Mining/Minerals
Buy, Sell or Hold? 28 comments
1 negative opinions
3 boarder queries
10 boarder tracking
Peer stocks in Mining/Minerals sector
BSE: 527001
NSE: ASHAPURMIN
24.15  1.25 (5.46)
Volume: 55521
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02 Dec 2008 17:38

NSE Announcements on Ashapura Mine

Posted by : MMB Messenger
Price when posted : [Ashapura Mine - BSE:Rs. 22.10 NSE:Rs. 21.95 when posted]
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Ashapura Minechem Ltd has informed the Exchange that the auditors have conducted the limited review of the Unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

01 Dec 2008 12:33

BSE Announcements on Ashapura Mine

Posted by : MMB Messenger
Price when posted : [Ashapura Mine - BSE:Rs. 23.20 NSE:Rs. 23.20 when posted]
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Ashapura Minechem Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008....

25 Nov 2008 13:19

reason

Posted by : Guest
Price when posted : BSE: Rs 23.35 ( 1.74 % ), NSE: Rs. 22.90 ( -0.87 % )
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Tracked by: 1 Boarder

Yes, agree, but one thing u remember that as a C.A. we are not authorised person. anyhow, u all enquire at your level & share the news....

In reply to:

reason

Posted by : Guest

Don`t bluff if you are right on your stand revel your identity

20 Nov 2008 17:53

reason

Posted by : Guest
Price when posted : BSE: Rs 24.95 ( -2.54 % ), NSE: Rs. 24.75 ( -3.70 % )
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Tracked by: 1 Boarder

Don`t bluff if you are right on your stand revel your identity...

In reply to:

reason

Posted by : Guest

Myself is knowing ASHAPURA GROUP since last 20 years as a Chartered Accountent & nearby with Management.

Some minor fire happens in H.O.Mumbai, don`t worry, bcoz the same is already insured, after 2 days, the same is working.

For Kerala plant : as u know, Naxelites community are there, some riots, fire insidents, plant damaged 10 to 10%.

Ashapura group`s all plant, like, AML-BARAYA, AML-MADHAPAR, AVL-LER, AML-JAMKHAMBHALIYA all r working very smoothly, also Nigeria project completed & Bauxite export from Ratnagiri, Maharashtra also in full fladge.

Company`s Aluminium Refinery project is on the way, Total 2185 Acres land will be alloted within 10 to 15 days by govt.

Jam khambhaliya bauxite will start within a month. After-all Modiji hay..!!


Some Mutual funds are cornering this equity.

I also invest big amount in this company, but I am confident, still I am purchasing.

19 Nov 2008 13:38

reason

Posted by : Guest
Price when posted : BSE: Rs 26.55 ( -3.10 % ), NSE: Rs. 27.50 ( 0.55 % )
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Tracked by: 1 Boarder

Myself is knowing ASHAPURA GROUP since last 20 years as a Chartered Accountent & nearby with Management.

Some minor fire happens in H.O.Mumbai, don`t worry, bcoz the same is already insured, after 2 days, the same is working.

For Kerala plant : as u know, Naxelites community are there, some riots, fire insidents, plant damaged 10 to 10%.

Ashapura group`s all plant, like, AML-BARAYA, AML-MADHAPAR, AVL-LER, AML-JAMKHAMBHALIYA all r working very smoothly, also Nigeria project completed & Bauxite export from Ratnagiri, Maharashtra also in full fladge.

Company`s Aluminium Refinery project is on the way, Total 2185 Acres land will be alloted within 10 to 15 days by govt.

Jam khambhaliya bauxite will start within a month. After-all Modiji hay..!!


Some Mutual funds are cornering this equity.

I also invest big amount in this company, but I am confident, still I am purchasing.

...

In reply to:

reason

Posted by : Guest

Dear sir, since u r working with company please tell us why people entered and distroyed the new project of kaolin. We investeors are afraid what is going on, head office of company got fire and we do not know what would come after investigation about all this. Heard some MF is taking majority of stake now as they had give big loan to company. As per news in market the company is really in big problems, I am holding the stock since 395 and made too much loss. I am planning to sell it from 1st December whatever the price. News is this will go Rs. 8.

19 Nov 2008 11:30

reason

Posted by : Guest
Price when posted : BSE: Rs 27.30 ( -0.36 % ), NSE: Rs. 27.30 ( -0.18 % )
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Dear sir, since u r working with company please tell us why people entered and distroyed the new project of kaolin. We investeors are afraid what is going on, head office of company got fire and we do not know what would come after investigation about all this. Heard some MF is taking majority of stake now as they had give big loan to company. As per news in market the company is really in big problems, I am holding the stock since 395 and made too much loss. I am planning to sell it from 1st December whatever the price. News is this will go Rs. 8. ...

In reply to:

reason

Posted by : Guest

Wrong statement, I am working in this company in prodn.department, our export is continue & production target is day by day under pressure,

Regarding projects :

CAOLIN project in Kerala are completed, trial prodn. is started.

ALUMINIUM REFINERY : Second smelter plant`s public hearing will be on 5th Dec., u can see this on GPCB/CPCB web. first phase of alumina`s BHOOMIPOOJAN will be on jan/feb, 09.

THER ARE NO CRISIS, ALL PLANT IS WORKING UNDER WORK PRESSURE TO FULFIL EXPORT, TO-DAY ALSO ONE SHIP ARE LAYING IN ADANI PORT, MUNDRA.
ONLY SOME BAUXITE PROBLEM AT JAMKHAMBHALIYA, WHICH WILL SOLVE WITHIN A MONTH OR TWO.

IF YOU STILL UNDER CONFUSION, GOD GIVE YOU SADBHUDHI LIKE MEGA PATKAR...!!

17 Nov 2008 17:52

BSE Announcements on Ashapura Mine

Posted by : MMB Messenger
Price when posted : [Ashapura Mine - BSE:Rs. 25.95 NSE:Rs. 26.25 when posted]
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Ashapura Minechem Ltd has informed BSE about the following:

1. A fire broke out on the evening of November 16, 2008 at the Corporate / Registered Office of the Company at the third floor of Jeevan Udyog Building, D N Road, Fort, Mumbai - 400 001. One of the Offices was completely engulfed and damage was caused to the others.

The Company is not presently in a position to ascertain the actual loss and damage caused, but amongst others various records, documents, physical assets, systems, computers etc. have been completely destroyed.

2. Further, an unfortunate incident on the same date also took place at the Companys Plant at Trivendrum, wherein a mob of 300 - 400 people entered the plant, completely ransacked it and set it on fire. The damage is yet to be ascertained.

There have been no casualties in both the above mentioned incidents and the relevant authorities have been informed of the same.

Both the Properties are sufficiently insured and the Company express no financial impact on account of the same....

17 Nov 2008 16:49

NSE Announcements on Ashapura Mine

Posted by : MMB Messenger
Price when posted : [Ashapura Mine - BSE:Rs. 25.95 NSE:Rs. 26.25 when posted]
View full thread (1 messages)

Tracked by: 0 Boarder

Ashapura Minechem Ltd has informed the Exchange that 1) A fire broke out on the evening of 16/11/2008 at the Corporate / Registered Office of the Company at the third floor of Jeevan Udyog Building, D.N.Road, Fort, Mumbai - 400 001. One of the Offices was completely engulfed and damage was caused to the others The Company is not presently in a position to ascertain the actual loss and damage caused, but amongst others various records, documents, physical assets, systems, computers etc have been completely destroyed. 2) Further, an unfortunate incident on the same date also took place at the Companys Plant at Trivendrum, wherein mob of 300 -400 people entered the plant, completely ransacked it and set it on fire. The damage is yet to be ascertained. There have been no casualties in both the above mentioned incidents and the relevant authorities have been informed of the same. Both the Properties are sufficiently insured and the Company expects no financial impact on account of the same. ...

14 Nov 2008 17:19

reason

Posted by : yagnap
Price when posted : BSE: Rs 27.65 ( -4.98 % ), NSE: Rs. 27.80 ( -4.79 % )
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Tracked by: 1 Boarder

i heard that gujrat gove. intruduce a new mining policy soon may be it will come before des-08 if ones ban lifted in this new policy so bauxite marketing not a problem Becoze it a raw gold also not even this comapeny share down also GMDC condition very poor it come 500 to 42 so pls keep in the share in your portpholiyo ...

In reply to:

reason

Posted by : Guest

thanks for info. I would then invest need your help. actually in this ecconomic slowdown if plant is working for 4 month (in full without export) where the company will export now as such there is no big market in India. When this ban will be lifted? there is court case on 4th Dec is this in same matter, what would be outcome?. All allumium industries are almost shut down and there would not be great demand of bauxite for at least a year. also heard that china is soon starting their bauxite mining. before investing if can throw some lighit on these issues please.

13 Nov 2008 12:57

ashapura minechem/ vikas wsp

Posted by : bansari68
Price when posted : BSE: Rs 29.10 ( -0.17 % ), NSE: Rs. 29.20 ( 0.00 % )
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dear rashmi
best time to average it now for handsome gains....

In reply to:

reason

Posted by : Guest

thanks for info. I would then invest need your help. actually in this ecconomic slowdown if plant is working for 4 month (in full without export) where the company will export now as such there is no big market in India. When this ban will be lifted? there is court case on 4th Dec is this in same matter, what would be outcome?. All allumium industries are almost shut down and there would not be great demand of bauxite for at least a year. also heard that china is soon starting their bauxite mining. before investing if can throw some lighit on these issues please.

13 Nov 2008 11:05

reason

Posted by : Guest
Price when posted : BSE: Rs 29.10 ( -0.17 % ), NSE: Rs. 29.20 ( 0.00 % )
View full thread (17 messages)

Tracked by: 1 Boarder

thanks for info. I would then invest need your help. actually in this ecconomic slowdown if plant is working for 4 month (in full without export) where the company will export now as such there is no big market in India. When this ban will be lifted? there is court case on 4th Dec is this in same matter, what would be outcome?. All allumium industries are almost shut down and there would not be great demand of bauxite for at least a year. also heard that china is soon starting their bauxite mining. before investing if can throw some lighit on these issues please. ...

In reply to:

reason

Posted by : Guest

in khambhalia calcine bauxite oparetion contiue in full faze only export stoped from last 4 month may be it will be start in des-so if can start export this share come atleast 80-100 Rs in near feture

12 Nov 2008 17:13

reason

Posted by : Guest
Price when posted : BSE: Rs 29.10 ( -0.17 % ), NSE: Rs. 29.20 ( 0.00 % )
View full thread (17 messages)

Tracked by: 1 Boarder

in khambhalia calcine bauxite oparetion contiue in full faze only export stoped from last 4 month may be it will be start in des-so if can start export this share come atleast 80-100 Rs in near feture...

In reply to:

reason

Posted by : Guest


You are correct sir, tks for this nice information.

Also, one news I share with you, Gujarat government is going to declare new mining policy, afterall Modi saab is very positive for Industry.

Any news about Jam khambhalia Bauxite export matter? when will start ?

12 Nov 2008 13:41

reason

Posted by : Guest
Price when posted : BSE: Rs 29.60 ( 1.54 % ), NSE: Rs. 29.50 ( 1.03 % )
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Tracked by: 1 Boarder


You are correct sir, tks for this nice information.

Also, one news I share with you, Gujarat government is going to declare new mining policy, afterall Modi saab is very positive for Industry.

Any news about Jam khambhalia Bauxite export matter? when will start ?...

In reply to:

reason

Posted by : garg_mm

Companies propmotor buying the scrip. See nse announcement 11-11-08.


NSE Symbol ASHAPURMIN
Short Description Reg.7(3) of SEBI (Substantial Acq of shares &Takeovers),1997
Entity making the Disclosure Ashapura Minechem Ltd

Name of the Target Company Ashapura Minechem Ltd
Name of the acquirers/sellers and PACs with them Birla Global Finance Company Ltd.
Date of Acquisition/sale 04-NOV-2008
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) By way of pledge of shares against loan availed by Mr. Navnitlal Shah
Mode of sale (e.g. open market/MOU/off market, etc.)
Particulars of acquisition/sale Number Type % w.r.t. total paid up capital of Target Company
Shares/Voting rights (VR) before acquisition under consideration 3000000 Equity 3.8
Shares/voting rights acquired 1500000 Equity 1.9
Shares/VR after acquisition 4500000 Equity 5.7

12 Nov 2008 06:40

reason

Posted by : garg_mm
Price when posted : BSE: Rs 29.15 ( -6.57 % ), NSE: Rs. 29.20 ( -5.81 % )
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Companies propmotor buying the scrip. See nse announcement 11-11-08.


NSE Symbol ASHAPURMIN
Short Description Reg.7(3) of SEBI (Substantial Acq of shares &Takeovers),1997
Entity making the Disclosure Ashapura Minechem Ltd

Name of the Target Company Ashapura Minechem Ltd
Name of the acquirers/sellers and PACs with them Birla Global Finance Company Ltd.
Date of Acquisition/sale 04-NOV-2008
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) By way of pledge of shares against loan availed by Mr. Navnitlal Shah
Mode of sale (e.g. open market/MOU/off market, etc.)
Particulars of acquisition/sale Number Type % w.r.t. total paid up capital of Target Company
Shares/Voting rights (VR) before acquisition under consideration 3000000 Equity 3.8
Shares/voting rights acquired 1500000 Equity 1.9
Shares/VR after acquisition 4500000 Equity 5.7

...

In reply to:

reason

Posted by : garg_mm

Companies propmotor buying the scrip. See nse announcement 10-11-08.


NSE Symbol ASHAPURMIN
Short Description Reg 7 of SEBI (Susbs Acq of shares & Takeovers)
Entity making the Disclosure Navnitlal R. Shah

Name of the Target Company Ashapura Minechem Ltd
Name of the acquirer and PAC with the acquirer Navnitlal R. Shah
Details of the acquisition as follows Number Type % w.r.t. total paid up capital of Target Company
Shares/Voting rights (VR) before acquisition under consideration 11031163 Equity 13.97
Shares/voting rights acquired 39874 Equity 0.05
Shares/VR after acquisition 11071037 Equity 14.02
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) Open Market
Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable 03-NOV-2008

11 Nov 2008 07:25

reason

Posted by : garg_mm
Price when posted : BSE: Rs 31.20 ( 7.77 % ), NSE: Rs. 31.00 ( 8.01 % )
View full thread (17 messages)

Tracked by: 1 Boarder

Companies propmotor buying the scrip. See nse announcement 10-11-08.


NSE Symbol ASHAPURMIN
Short Description Reg 7 of SEBI (Susbs Acq of shares & Takeovers)
Entity making the Disclosure Navnitlal R. Shah

Name of the Target Company Ashapura Minechem Ltd
Name of the acquirer and PAC with the acquirer Navnitlal R. Shah
Details of the acquisition as follows Number Type % w.r.t. total paid up capital of Target Company
Shares/Voting rights (VR) before acquisition under consideration 11031163 Equity 13.97
Shares/voting rights acquired 39874 Equity 0.05
Shares/VR after acquisition 11071037 Equity 14.02
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) Open Market
Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable 03-NOV-2008

...

In reply to:

reason

Posted by : banker11

sell immediately ,target 3.45 in 2 months time.
it has lost its glory.

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News Updates on Ashapura Mine

NSE Announcements on Ashapura Mine - Ashapura Minechem Ltd has informed the Exchange th...
BSE Announcements on Ashapura Mine - Ashapura Minechem Ltd has informed BSE that the au...
BSE Announcements on Ashapura Mine - Ashapura Minechem Ltd has informed BSE about the f...

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