|
|
 |
 |
 |
| All Resources > Indian Stock Market Analysis > INDIAN STOCK MARKET ARTICLES |
|
|
|
Adhunik Metaliks Ltd.by Mint India
|
|
| |
|
views: 12882 | rating: 3/10 |
|
| |
Business of Adhunik Metals Ltd.
Adhunik Metals is part of the Adhunik Group and was incorporated in 2001 with production starting from 2003. The company was started up with the aim of manufacturing value added steel products having application in automotive industry, engineering sector and household sector. The company currently produces Sponge Iron, Pig Iron and Alloy Billets. And has a manufacturing facility of 250,000 tons per annum of carbon and alloy steel billets.
The existing facilities are located in Chadrihariharpur, Sundergarh in Orissa. This consists of five DRI units of 100 tpd capacity each in the Sponge Iron Division (Unit I) and a Steel Division (Unit II), which consists of a Blast Furnace Complex, one Electric Arc Furnace (EAF), one Ladle Refining Furnace and one Billet Caster has also been set up. Unit I was commissioned in 2003 and Unit II was commissioned in the year 2005. A captive power plant has also been set up in Unit II which will commence operations in April 2006.
Financials
Since the company does not enjoy a long history one can’t make a judgement of the historical performance. For the nine months ended December 2005 Adhunik had a turnover of Rs.240.45 crores and a net profit of Rs.16.81 crores.
The company is offering its shares in the price band of Rs. 37 – Rs.42. The annualized EPS for 2005 comes out to be 3.91 and at Rs.42 the P/E comes to be 10.7, the Industry average is just 4.4.
Objects of the Issue
The IPO is being carried out to raise money for expansion and setting up units which are collectively known as Unit III. This project is aimed to integrate the company fully and cover the entire value chain starting from raw material i.e. iron ore and coal and ending up in value added products for automotive, engineering and household sector.
Conclusion
While the company is in a growing industry and has good plans for integration with promotes who have got over two decades of experience in the steel business, the asking price seems to be very high for a company that has just started production some three years ago.
|
|
|
|
|
|
|
|
|
adfasf
posted by: adfdsaf
on: Feb 7, 12 11:18 pm
One：
Stand together once again and the legendary Manchester United player has been a greater incentive . Smolin on cheering up <a href="http://www.42room.com/index.php?main_page=index&cPath=3"><strong>nhl</a></strong>, “he announced his retirement last year, I was disappointed when I saw him in the <a href="http://www.42room.com/index.php?main_page=index&cPath=3_82"><strong> cheap nfl jerseys </a></strong> court’s extraordinary strength, I know he can still do that. <a href="http://www.42room.com/index.php?main_page=index&cPath=17"><strong>football</a></strong> Team want him back.” In the eyes of outside Manchester United, Paul Scholes back not only unexpected accident, Bolton midfielder Leo Kok said, “Paul Scholes is a horrible player, has always been, but his <a href="http://www.42room.com/index.php"><strong>nfl jerseys store</a></strong> comeback was a big surprise However,<a href="http://www.42room.com/index.php?main_page=index&cPath=8"><strong> nfl jerseys wholesale </a></strong> is Manchester United, a united family-style club. Scholes, Butt, the Neville brothers and David Beckham Manchester United are willing to do anything from this point of view, not any so surprised.” Play twice a week, Ferguson said, Paul’s performance does not questionable Matthew Stafford Jersey, “A lot of the <a href="http://www.42room.com/index.php"><strong> nfl jerseys </a></strong> media said something negative, I did not understand the <a href="http://www.42room.com/index.php?main_page=index&cPath=13"><strong> cheap NFL JERSEYS </a></strong> training ground, a lot of young <a href="http://www.42room.com/index.php?main_page=index&cPath=1"><strong>mlb</a></strong> players is very awe of Paul, in the past few weeks, he trained very hard today at the <a href="http://www.42room.com/index.php?main_page=index&cPath=6"><strong>nba jerseys</a></strong> right time we replaced him, and he played a high-quality one-hour, an important goal into his back.” After the game, Evra, the media joked, “When we missed the penalty, I know that dinosaurs will help us to score. Who is the dinosaur? Ha ha ha, we regard the call Scholes and Ryan Giggs prehistoric dinosaurs! Scholes comeback, as a gift, Ferguson gave us a gift 49ers Jersey cheap, and now he definitely should not retire!” Since the incident, Suarez, once the French left-back position crumbling Ferguson won the trust and Vidic were injured last fall after eight are the captain.
Two：
Last summer, Manchester United missed Sneijder, aldridge two midfield <a href="http://aaaajerseys.com/NHL-Jerseys-c96/"><strong>NHL jerseys</a></strong> target, the former said to the personal treatment and did not talk to Manchester United, Tottenham chairman Levy which was stayed. Even now, <a href="http://aaaajerseys.com/NFL-Jerseys-c68/"><strong>NFL jerseys</a></strong> announced Sneijder can be sold, the deal <a href="http://aaaajerseys.com/MLB-Jerseys-c94/"><strong>MLB jerseys</a></strong> seems to be difficult to complete in January, the Italian media that Inter are likely to Sneijder injury list into the Milan derby. Expect Scholes, Sir Alex Ferguson the most realistic strategy.
Against Bolton, ginger head kick for an hour, despite passing a high success <a href="http://aaaajerseys.com/NBA-Jerseys-c77/"><strong>NBA jerseys</a></strong> rate, but the last signature and transfer a wide range of scheduling accuracy down Mark Sanchez Jersey, just-field, as well as a return errors, but fortunately not the Manchester Bolton, there is not enough ability to seize this <a href="http://aaaajerseys.com/"><strong>Football jerseys</a></strong> opportunity. Physically, ginger head also needs to improve, he still can not play the <a href="http://aaaajerseys.com/2010-2011-Club-Soccer-c117/"><strong>cheap jerseys</a></strong> audience. Touches fierce Chanqiang no change in the first half, he would kick in the <a href="http://aaaajerseys.com/MLB-CAPS-c119/"><strong>sports jerseys</a></strong> stomach on the other David, but fortunately the referee gave him a lot of face, no dig card. Ferguson was expected to continue to rise Scholes state Ravens Jersey cheap, close to the <a href="http://aaaajerseys.com/NCAA-Jerseys-c113/"><strong>wholesale jerseys</a></strong> level before retirement, so the midfield signings of the risks it may be difficult to make up <a href="http://aaaajerseys.com/National-Team-Soccer-Jerseys-c115/"><strong>2011 nfl pro</a></strong> . Let Sir Alex pleased that rivals Manchester City win may not increase the strength in the winter window.
Three：
Have you bought a pair of shoes with your girlfriend? If your answer is no, then you can buy <a href="http://www.ugg-boots5825.com/index.php"><strong> cheap ugg boots sale</a></strong></strong> high. Ugg Boots is pleased that people put it. Well, Christmas is the day comes December.And cold enough, <a href="http://www.ugg-boots5825.com/index.php?main_page=index&cPath=2"><strong > ugg boots clearance sale </a></strong> , the best gift you can give your girlfriend ugg boots. In addition, the Ugg boot is very popular. Things like fashion girls, I hope they grow very well. So this is the best gift. If you see your girlfriend, buy a pair of real <a href="http://www.ugg-boots5825.com/index.php?main_page=index&cPath=2"><strong > ugg boots clearance sale </a></strong> snow, it would be very exciting, not everyone can say, okay.
FourCold comes, the stars, as the use of popular UGG. Skinny jeans can show fine fill patterns. Mainly casual game, seemed in good humor, the influx of winter clothing. As the late morning and can be blended with a pair of pajamas. Star is more than that, there are a lot of clothes are great moments, many are aware that no product can be very sensitive, but the stocks of good play. UGG boots, said the young surfer from Australia, Brian, and California, created to promote what are often UGG Australia has made most of them in China, and manufacturing of high quality Moncler is exquisite.
post reply | read replies (0)
Coach Outlet Online
posted by: Coach Outlet Online
on: Feb 6, 12 8:47 pm
http://www.coachfactorystore-outlet.net
http://www.coachfactory-outlet-onlines.net
http://www.coachfactoryoutlet-onlinee.com
http://www.coachoutletstoreonline2012.net
http://www.coachoutletonlinestore.ca
http://www.coachfactorystoresonline.net
http://www.lvbagss-online.net
http://www.coachfactorysoutletsonlines.com
http://www.coachfactorys-onlines.net
http://www.louisvuittonbags2012.net
http://www.coachbagsz.net
http://www.burberryscarfs2012.com
post reply | read replies (0)
asdf
posted by: canadagoosesuper
on: Dec 25, 11 11:46 pm
Into the jackets. <a href="http://www.canadagoosesuper.com/">Canada Goose</a> Knockoffs So, if your dog is one hyperactive pet outdoors, this will serve as an important safety consideration. You have to be careful in the selection of dog jackets as well. Fleece jackets are not always the best option. A jacket with a combination of a durable nylon shell and warm fleece lining can help maintain your dog's body heat while providing <a href="http://www.canadagoosesuper.com/CANADA-GOOSE-MENS-C1.htm">Canada Goose Mens</a> Freestyle Vest Black maximum protection. Don't forget to keep a raincoat as well if you fear rain. If you have a longhaired or thick-coated pet, then dog jackets are a good way of protecting your pet from thorns and burrs which are no picnic to take off. In any case, go for the best it so as to provide your Cheap Canada Goose Jackets dog sufficient space to do his business. Make sure that the jacket is made up of a material that does not get caught to thorns in bushy areas. Therefore, next time when you plan to go outside in the cold weather and forests, make sure that you take a good care of your canine <a href="http://www.canadagoosesuper.com/CANADA-GOOSE-WOMENS-C2.htm">Canada Goose Womens</a> Kensington Parka Red pet by packing in some protective clothing like some nice dog jackets for it. It will not only keep your friend warm and comfortable but also save the money that you will otherwise have to spend on its flu medicines. Chefs’ jackets are worn to protect Canada Goose Snow Mantra Womens Red against the hot fumes coming from the stove. The new chef clothes were designed by Canada goose in mid 1800s. His design has totally changed the look of chefs in the industry. Earlier they use to wear grey color jackets and hats without torque. The new clothes for the chefs consisted of double-breasted coats, with.
post reply | read replies (1)
http://www.coachfactory-outletsonlines.net
posted by: Coach Outlet Online
on: Jan 11, 12 6:15 pm
http://www.coachfactory-outlet-online.net
http://www.coachoutletstore-online.com
http://www.coachfactoryoutletstoreh.net
http://www.louis-vuittonoutlet2012.net
http://www.chanelhandbags-bags.net
http://www.coachsoutletstoresonline.com
http://www.louisvuitton3.com
http://www.louisvuittonhoutlet.net
http://www.coachoutletstores-online.net
http://www.cheaplouisvuittonbagsh.net
http://www.coachoutletsstoreonlines.ca
http://www.louisvuittonoutlet-e.com
http://www.louis--vuitton-lv.com
http://www.louisvuitton0.net
http://www.hermes4uk.com
http://www.coachfactory-storeonlines.net
http://www.coachfactorystores-online.net
http://www.hermes-bagss.net
http://www.coachfactorysoutletsonline.com
http://www.coachsfactory-outlets.net
http://www.louisvuitton-outleth.com
http://www.louisvuittonoutletsz.com
http://www.burberryscarfs-2012.com
http://www.louisvuitton-new.com
http://www.coachoutletstoresonline-us.com
http://www.louisvuittonbags-2012.net
http://www.mycoachoutletstoreonline.net
http://www.alouisvuittonhandbags.com
http://www.coachsoutletsonline.net
http://www.coachfactoryoutletonlinej.net
http://www.burberry.tc
http://www.prada.bz
http://www.coachoutlet-good.com
post reply | read replies (0)
canada goose
posted by: canada goose
on: Jan 9, 12 2:01 am
How to get through cold weather winter.<a href="http://www.canadagoosesupply.com">cheap canada goose coats</a> Buy a shell, like top success jackets adding a fleece garment for heavier. layering comfortable outfits is commonly a much better one<a href="http://www.canadagoosesupply.com">canada goose</a> precise for really chilly weather.You can obtain a synthetic insulating coating in accordance to your Canada Goose sale as opposed to lower sweater.<a href="http://www.canadagoosesupply.com/Canada-Goose-Accessories-C8.htm">canada goose gloves</a> i've attempted down, wool, andsynthetic outfits in too much of the very last fifteen many years although backpacking and snowcamping.<a href="http://www.google.com">search</a> one can find out a huge total of wonderful training books in regards to the subject and right here is commonly a fast evaluation depending on may perhaps experience.[url=http://www.canadagoosesupply.com]canada goose[/url]
post reply | read replies (0)
|
|
