DIdnt hear from them.. but got my divident back.... 5% of CMP... thats a great divident.... and the best part is this company does it every year......

thats because the support for crude is really weak...

I wrote to the company grievence address yesterday about the same. Yet to hear an answer...

You got the point right. :) Once the buy back is done, they will post better results and share will move decently...

Couldnt find any such news. Can you please point out to the right direction...

Any specific reason apart from general volatility...

I too heard this but i beleive this is a rumor. Can you please provide the source of information, if possible....

DIdnt hear from them.. but got my divident back.... 5% of CMP... thats a great divident.... and the best part is this company does it every year......

ok. Another gud thing i see in shareholding pattern : around 5.5% of total shares are held by Lehman brothers (Asia and Mauritius) which shows the strength of this script....

It is RUMORS only, acually it was a boarder on this board who was spreading this news last Nov telling the Anil Ambani was quitely buying GVF for his freinds. I had replied that if it is true it is shame on Anil to be gifting such garbage. From various post of that boarder it was clear the person had bot GVF at 12 and invested about 80thosand Rs. There were many other positive post from the same boarder including last one which said retired judge being on demerger case the demerger will move faster and should be ex dated in June. So pls dont go by unverifiable news, becareful as GVF has consistently shown no improvement in business or net results or market price. Never forget that they are going to write of 90 pct of capital base and that happens only when accumulated loss are not recoverable. I would not be surprised if I see GVF trading at 60 to 80 paise. Good luck to all....

More good news here.... The boom in commodity prices last year bypassed the sugar sector. While all commodities scaled new highs in 2007, sugar touched fresh three-year lows of nine cents a pound in 2007, down from 19 cents a pound in 2005. It rallied with all commodities in early 2008, but gave up its gains easily, and settled around 11 cents per pound. It is far from showing the firepower exhibited by other commodities. But the last month has seen renewed investor interest in sugar. Both equity and commodity investors have started to take a keen look at sugar and sugar stocks. Sugar prices have moved up in the international and domestic markets. Domestic prices have moved up 10% over the last month. International prices jumped 15% in the past week after falling early in the month. The excitement in the sugar markets is due largely to supply constraints. On an immediate basis, the trigger for domestic sugar prices has been the release of a lower quota for the July-to-September quarter, which was below market expectations. More importantly, sugar futures are quoting at a premium of almost 12% to 14%, indicating that the market expects a rise over the next few months. To add to the current bullishness in the commodity markets, production in the coming year is expected to fall from 27 million tonnes to 22 million tonnes. The area under cane cultivation is already down from 5.2 million hectares to 4.3 million hectares this year. Moreover, the key states of Andhra Pradesh, Karnataka and especially Maharashtra have received poor rainfall this year. This has affected the sugarcane crop significantly, and this is unlikely to change much even if the monsoon picks up in these states later during the season. Low production this year-likely to fall even below consumption levelswill keep the demand-supply situation very tight. Prices are likely to keep moving higher as the festive season nears. Even international markets are experiencing an easing of last year's situation, when supply exceeded demand by more than nine million tonnes. Both are expected to balance out at 164 million tonnes this year. This is largely due to lower production by India. Brazil, too, is expected to show zero-to negative growth this year, as high oil prices prompt the use of more cane for ethanol production. While India exported four million tonnes last year, political expediency, based on electoral calculations, is likely to restrict exports . With the demand-supply situation turning in favour of sugar companies, prices are expected to reflect this and move higher. ...

Regretably closed to 90.80. What is behind today\\`s -4 close!!!! ...