Sterlite Industries - weltgrößter Zinkproduzent und indischer Stromversorger - 500 Beiträge pro Seite

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war empfohlen in Focus Money 14-2010

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About Us

We are India's largest non-ferrous metals and mining company and are one of the fastest growing private sector companies.


We are listed on the BSE and NSE in India and are the First Indian Metals & Mining Company to list on the New York Stock Exchange.


Our primary businesses; Aluminum, Copper, Zinc & Lead and Commercial Energy.

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ET reported that Sterlite Energy Limited, a subsidiary of the London based Vedanta Resource Plc has signed an agreement with Evonik Energy Services India, a wholly owned subsidiary of Germany based Evonik energy Services GmbH for operation and maintenance of its 4x600 MW unit independent power plant at Jharsuguda in western Orissa.

The four units of the 2,400 MW (4x600 MW) are in final stages of commissioning with the first unit expected to become commercially operational by May 2010. Sterlite will spend about INR 8200 crore for this independent power plant.

With this Sterlite has entered into global partnership with Evonik of Germany. The Company claimed this to be the largest O&M contract signed for any bituminous coal based thermal power plants in India and also one of the largest in world. The seven year deal is pegged at INR 1400 crore.

The systems include a simulator for training operational staff and online optimisation and diagnostic systems to achieve best possible heat rates and high availability.

Evonik will also bring in its proprietary plant management system and latest fault prediction systems which will ensure that downtime for maintenance is reduced to a minimum. It said that health, safety and environmental systems are being given high priority and will be of international standards.

Mr Siddiqi whole time director of the Vedanta Alumina Limited said that “The other three units at Jharasuguda are expected to be commissioned within one year by SEPCO-III, the Chinese EPC contractor who has built the plant in record time adding that all responsibilities of smooth and reliable operation and maintenance will be with Evonik.”

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Book partial profits in Sterlite industries: Gorakshakar
Published on Mon, Apr 26, 2010 at 13:31 | Updated at Mon, Apr 26, 2010 at 13:34 | Source : CNBC-TV18


Book partial profits in Sterlite industries, says Avinash Gorakshakar of Anagram Capital.

Gorakshakar told CNBC-TV18, "In Sterlite Industries I think its prudent that at least 50% of the holding one should take some profits on the table. Although, I do expect that in the coming quarter, the numbers are going to be quite excellent considering the sharp increase in the metal prices. But more so I think if you look at the coming quarter and the forth coming quarter also, although the margins improvement would definitely be driven by the price improvement.”

He further added, “One has to also keep into mind the Dollar parity into perspective and since metal prices are prone to what happens in the global markets, I think the investor here should clearly realize that he/she is making a very big markup from the current investment price. So although medium term prospects look good definitely the stock can be held on to for further gains upside but I think some amount of profit taking should be taken off the table at the current price.”

At 13:28 hrs the share was quoting at Rs 824.20, up Rs 29.00, or 3.65%. Market capitalisation stands at Rs 69,265.80 crore.

The company's trailing 12-month (TTM) EPS was at Rs 6.91 per share. (Dec, 2009). The stock's price-to-earnings (P/E) ratio was 119.28. The latest book value of the company is Rs 167.37 per share. At current value, the price-to-book value of the company was 4.92. The dividend yield of the company was 0.42%.

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Sterlite Inds - Announces Q4 & FY 10 results
Announcement: Sterlite Industries (India) Ltd has announced the following results for the quarter & year ended March 31, 2010:

The Unaudited results for the Quarter ended March 31, 2010

The Company has posted a net profit of Rs 4626.90 million for the quarter ended March 31, 2010 as compared to Rs 2115.60 million for the quarter ended March 31, 2009. Total Income has increased from Rs 25148.00 million for the quarter ended March 31, 2009 to Rs 39610.00 million for the quarter ended March 31, 2010.

The Audited results for the Year ended March 31, 2010

The Company has posted a net profit of Rs 8315.00 million for the year ended March 31, 2010 as compared to Rs 12364.30 million for the year ended March 31, 2009. Total Income has increased from Rs 123759.20 million for the year ended March 31, 2009 to Rs 142335.40 million for the year ended March 31, 2010.

The Consolidated Results are as follows:

The Unaudited consolidated results for the Quarter ended March 31, 2010

The Group has posted a net profit after tax attributable to consolidated group after exceptional items of Rs 13809.00 million for the quarter ended March 31, 2010 as compared to Rs 5982.50 million for the quarter ended March 31, 2009. Total Income has increased from Rs 48000.00 million for the quarter ended March 31, 2009 to Rs 77764.20 million for the quarter ended March 31, 2010.

The Audited consolidated results for the Year ended March 31, 2010

The Group has posted a net profit after tax attributable to consolidated group after exceptional items of Rs 37437.40 million for the year ended March 31, 2010 as compared to Rs 35399.90 million for the year ended March 31, 2009. Total Income has increased from Rs 232984.80 million for the year ended March 31, 2009 to Rs 263696.80 million for the year ended March 31, 2010.

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26.04.2010 13:36
UPDATE 1-India's Sterlite surprises with bonus, stock-split


MUMBAI, April 26 (Reuters) - Indian non-ferrous metals producer Sterlite Industries on Monday surprised the market with a bonus share issue and a stock split, sending its shares soaring by their highest in more than two months.

Sterlite, a unit of London-listed Vedanta Resources also beat market forecasts as quarterly net profit more than doubled on the back of strong sales as prices and volumes moved up.

'The bonus and stock split is definitely a surprise. But it has been overdue--they have a very strong balance sheet,' said Ajay Parmar, head of research for institutional equities at Mumbai brokerage Emkay Global.

Sterlite said on Monday its board had approved a 1-for-1 bonus share issue and a 2-for-1 stock split.

Shares in the company, valued at $15 billion, rose to 842.50 rupees, up 5.95 percent--its biggest gain since Feb 3, in a Mumbai market that rose 0.3 percent.

The stock has slipped 2.2 percent so far in 2010, compared to a 1.6 percent rise in the main index.

Sterlite, which produces aluminium, copper, zinc and lead, reported March quarter net profit jumped to 13.81 billion rupees from 5.98 billion a year ago. Net sales rose to 71.11 billion, from 43.4 billion a year ago.

A Reuters poll of 13 brokerages had forecast Sterlite's quarterly net profit at 11.5 billion rupees, on net sales of 55.8 billion rupees.

Its aluminium segment saw a turnaround, reporting a profit compared with a loss last year. The zinc and lead segment, which contributes a third of turnover, saw profits surge as prices nearly doubled from a year ago.

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Buy Sterlite Industries, Hindustan Zinc on dip: Choksey
Published on Wed, Apr 28, 2010 at 16:41 | Updated at Wed, Apr 28, 2010 at 18:25 | Source : CNBC-TV18


Buy Sterlite Industries and Hindustan Zinc on dip, says Deven Choksey of KR Choksey Securities.

Choksey told CNBC-TV18, "It is very natural to expect that given the kind of downgrading of some of these countries, the funds which are pulling out of different asset classed including commodities, I think they would cause a fall into the base metal prices. To me this particular phenomenon is a short-lived phenomenon and probably I think one would like to see the kind of stability returning back in that particular environment.”

He further added, “We believe that the metal commodity prices would remain steady, it may not go up the way we have seen earlier but it would remain steady and given the kind of domestic demand advantage our countries are enjoying probably at lower levels due to this factor, I think some of these companies are becoming buy opportunity particularly the likes of Sterlite or Hindustan Zinc kind of companies, they are looking interesting, going forward their growth programme or higher volume programme and that is where we would like to buy in the falling market this particular space.”

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Sterlite Industries looks weak: Thacker
Published on Wed, May 05, 2010 at 09:48 | Updated at Wed, May 05, 2010 at 11:58 | Source : CNBC-TV18


Sterlite Industries looks weak, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "I think the entire metal pack has started to come down. Hindalco has stopped out in the range of around Rs 180-186 on the higher side and now has started some kind of corrective movement. In fact we were looking at target of around Rs 155-150 which probably could be tested this morning.”

He further added, “Sterlite also has turned weak; it’s broken below its good support levels of Rs 820-815 and closed below Rs 800 yesterday. So that’s a stock which could probably decline more. We are looking at a target of Rs 730-725, so once the market also declines to levels around 4960-4950, Sterlite along with the market could be head towards those levels.”

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10 May 2010
Anglo American announces sale of Zinc portfolio to Vedanta for $1,338 million

Anglo American plc (“Anglo American”) announces that it has agreed to sell its portfolio of zinc assets (“Anglo American Zinc”) to Vedanta Resources plc ("Vedanta") for a total consideration of $1,338 million on an attributable, debt and cash free basis.

Anglo American Zinc comprises the Skorpion mine in Namibia, the Lisheen mine in Ireland and a 74% interest in Black Mountain Mining in South Africa, which holds 100% of the Black Mountain mine and the Gamsberg project. Of the total consideration, $698 million relates to the Skorpion mine, $308 million relates to the Lisheen mine and $332 million relates to Anglo American's 74% interest in Black Mountain Mining.

The sale of Anglo American Zinc follows Anglo American's October 2009 announcement of its strategy to focus on its portfolio of world class, large scale, long life mining assets in those commodities where Anglo American holds advantaged positions.

Cynthia Carroll, Chief Executive of Anglo American, said: "The successful sale of Anglo American Zinc for $1,338 million following our announcement in October last year is testament to the high quality of the business and its management team. This agreement represents an important milestone in our strategy to focus on our core commodity businesses and on the delivery of our exciting near term growth from our $17 billion of approved projects. I am grateful for the support received from Anglo American Zinc's management and employees and I believe they will benefit under the ownership, and with the development plans, of Vedanta."

Anil Agarwal, Chairman of Vedanta, said: "We are delighted to have reached this agreement with Anglo American to acquire their portfolio of zinc assets. These high quality assets complement Vedanta's existing portfolio, creating the largest zinc and
lead producer in the world. We intend to rapidly develop Gamsberg, one of the largest high quality zinc projects in the world, leveraging our world-class large project development expertise. Vedanta has consistently demonstrated a track record of
successfully integrating and investing in its acquisitions, and we look forward to working with the high quality management team and employees of Anglo American Zinc, Exxaro and the local communities towards growing the business. We are committed, as we are throughout all of our operations world wide, to maintaining the highest health and safety standards, and to the sustainable development of these operations."

The transaction is subject to customary regulatory approvals as well as competition clearance in the relevant jurisdictions. In addition, Exxaro Resources Limited (“Exxaro”), Anglo American's black economic empowerment partner in Black Mountain Mining, holds a 26% interest in the company and has a pre-emptive right to match Vedanta's offer in respect of this asset. Completion of the transaction is expected to be in stages, with separate completion dates for Skorpion, Lisheen and Black Mountain Mining.

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25.05.2010 15:25
Sterlite Industries (India) Limited Announcement Regarding Change in Equity to ADS Ratio

On April 26, 2010, Sterlite Industries (India) Limited (the "Company") announced that the Board of Directors of the Company has, subject to the approval of the Shareholders, recommended:

* a dividend of Rs. 3.75 per equity share, par value Rs. 2 per equity share (the "Rs. 2 Shares"),
* a split of each of the Company's Rs. 2 Shares into two equity shares, par value Re. 1 per equity share (the "Re. 1 Shares"), and
* a bonus issue of the Company's Re. 1 Shares (sub-divided) in the ratio of 1:1,

The Company expects that dividend payments to holders of its American Depositary Shares ("ADSs") shall be made in accordance with the terms of the Company's Deposit Agreement (the "Deposit Agreement") by and among the Company, Citibank N.A., as depositary (the "Depositary") and the holders and beneficial owners of the Company's ADSs issued thereunder. The payment of dividend is expected by June 16, 2010.

Following the stock split and bonus issue, each Rs. 2 Share held by a shareholder of the Company on the applicable record date will automatically convert into four Re. 1 Shares. On May 24, 2010, the Company notified the Depositary that the Company intends to give effect to the bonus issue and stock split by changing its ADS-to-equity share ratio such that following the distribution of equity shares in connection with the bonus issue and stock split, each ADS would represent four Re. 1 Shares. Each of the Company's ADSs currently represents one Rs. 2 Share. As a result of the change of its ADS-to-equity share ratio, the Company does not intend to issue additional ADSs or split its ADSs in connection with the bonus issue and stock split.

The Company intends to announce the record and effective date for the bonus issue and stock split following the Annual General Meeting of the Company's shareholders to be held on June 11, 2010.

In October 2009, the Company issued US$500 million in aggregate principal amount of 4.00% Convertible Senior Notes Due 2014 (the "Notes"). The Company does not expect that the conversion rate of the outstanding Notes will be required to be adjusted as a result of the dividend, bonus issue or stock split, except that if the bonus issue and stock split are approved by the shareholders, then with effect from the effective date of the bonus issue and stock split, the Notes will become convertible into ADSs, each of which will represent four Re. 1 shares.

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Remain invested in Sterlite Industries: SP Tulsian
Published on Mon, Jun 21, 2010 at 14:28 | Updated at Mon, Jun 21, 2010 at 14:31 | Source : CNBC-TV18

Remain invested in Sterlite Industries, says Investment Advisor, SP Tulsian.

Tulsian told CNBC-TV18, "Sterlite is a high beta stock and because of that we are seeing huge fluctuations happening there. If I need to take a call from the Chinese exchange move I do not think thatSterlite really will be largely affected by that because they have a strong presence in copper. They have 65% stake in Hindustan Zinc and they have 51% stake in Balco. So that is how their product profile comprises of."

He further added, 'If you take a valuation call on all this things, I think there is lot of upsides likely to happen because the Chinese import will become cheaper and maybe with LME prices going up I see huge import demand coming in from China maybe of iron ore and maybe of copper, zinc and aluminium or all sort of things. That will be positive for all these non-ferrous metal. I see the LME prices going up from thereon. So this will be positive for thestock."


"I do not think that this is really over valued. Sometimes you see a lot of battering stock takes place because of the high beta character. Fundamentally Sterlite has been very strong. If you see their valuations as I said of the investment comprising of all these companies the present market cap of Rs 65,000 crore does not justify this. In fact a lot of upside is there. So one can remain invested for 6 months hopefully one should be able to see level of Rs 930-940

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Value Pick: Sterlite Industries
Source: IRIS (05-JUL-10)
Comments | Post Comment

Leading brokerage house Canara Bank Securities (CanMoney) has picked up Sterlite Industries (India) as `value pick`. The rationale for the same is as under:

``The EPS registered by Sterlite Industries (Q,N,C,F)* (after adjusting split and bonus issue effect) in 2010 was Rs 4.95. Based on growth projections that the company may register on account of good performance by its subsidiaries, better realization from mainline products and value unlocking fromSterlite energy`s IPO, EPS is likely to be Rs 5.54 for FY2011. Keeping this in view, Sterlite is currently trading at P/E Multiples of 33.22 xs and 29.68 xs for FY10 and FY11E respectively. Keeping the same P/E guidance, expected price works out to Rs 184.``

``As main stay of Sterlite in global market is non ferrous metal segment, the revenue projection of Sterlite heavily depends on the price and demand fluctuation of these metals in international markets. While, worldwide copper demand was hit hard in 2008-2009, due to unfavorable economical conditions, during the last six months, the demand is resurrecting in mainland china along with other emerging economies and US. As per the economic review by Australian government, prices of copper may reach to USD 5,488 a ton during FY2011. Similarly othermetals including zinc and lead are also witnessing good demand and at present trading at USD1,726/ ton and USD1,692/ton respectively. Tough, prices will be more or less stable in coming times, ongoing crises in Europe may slump the non Chinese demand which may affect the industry negatively. Due to continuous rise in the domestic consumption and overseas demand, realization will be adequate to lift the bottom-line of the companies.``

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Capital Market / 09:22 , Aug 13, 2010
Sterlite Industries fell 2.74% to Rs 163.25 at 9:27 IST after the company's American depository receipt, or ADR declined 4.71% to $13.77 on the New York Stock Exchange on Thursday, 12 August 2010.

Meanwhile, the BSE Sensex was up 75.69 points, or 0.42%, to 18,149.59.

On BSE, 5.37 lakh shares were traded in the counter as against an average daily volume of 12.46 lakh shares in the past one quarter.

The stock hit a high of Rs 166 and a low of Rs 161.90 so far during the day. The stock had hit a 52-week high of Rs 232 on 6 January 2010 and a 52-week low of Rs 150.13 on 19 August 2009.

The stock had underperformed the market over the past one month till 12 August 2010, falling 1.15% compared with the Sensex's 0.76% rise. It underperformed the market in past one quarter, sliding 7.82% as against 5.11% rise in the Sensex.

India's largest copper maker by sales has an equity capital of Rs 336.16 crore. Face value per share is Rs 1.

On a consolidated basis, Sterlite Industries' net profit rose 49.90% to Rs 1008.43 crore on 29.40% increase in net sales to Rs 5924.50 crore in Q1 June 2010 over Q1 June 2009.

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Thursday, 26 Aug 2010


Wall Street Journal reported that the environment ministry’s decision to block Vedanta Resources PLC’s plans to mine for bauxite in Orissa’s Niyamgiri Hills is hurting its copper producing arm Sterlite which has a roughly 30% stake in Vedanta Aluminum Limited, the unit that was to operate the Orissa mines.

Shares of Sterlite fell as much as 2.4% during the day but recovered losses and were trading up 1.9% by early afternoon Wednesday. They had dropped 4.0%. The benchmark Sensex was down 0.4%.

Vedanta had been waiting for environmental clearance for the project. Earlier this month a federal panel told the environmental ministry that the project would hurt the area’s Dongria Kondh tribal community and destroy seven square kilometers of forest and recommended that the government deny environmental clearance. Vedanta has said it has not violated any regulations.

Angel Securities said that the mining denial is a big dampener for Vedanta Aluminum’s expansion projects and captive bauxite is key to Vedanta Aluminum’s projects in the long term. However the brokerage also said that financial damage to Sterlite might be somewhat limited by the fact that the copper producer includes only 29% of Vedanta Aluminum earnings in its annual financial statements.

Analysts said that other hurdles for Vedanta in recent weeks could also push Sterlite stock downwards. The hit to Vedanta’s corporate image is also hurting investor confidence in its subsidiaries. There are many things happening at the parent company that are not very investor friendly.

Vedanta’s recently announced plans to acquire a 51% to 60% stake in Cairn India for between USD 8.5 billion and USD 9.6 billion appear to be in jeopardy. Most analysts believe the deal is expensive and many are concerned it may not meet the government’s approval with some media reports suggesting the possibility of a counter bid from state run companies.

The analyst said that “I think the Cairn deal is very uncertain. There may be a revision in offer price if the government interferes, suggesting Vedanta might have to come back with a higher price. If Vedanta feels a cash crunch it may milk Sterlite.”

He said that in the wake of the report and environment ministry decision this month, Sterlite might face closer scrutiny of other projects, such as the 2,400 MW power plant in Orissa it is presently constructing. It plans to start operating the plant by next April.

[flo83]

Weiß jemand was aktuelles zum Sterlite Industries Konzern oder hat jemand tipps dazu?

gruß
flo

[debull]

Antwort auf Beitrag Nr.: 40.379.533 von flo83 am 23.10.10 22:51:47

Ist schon vom 29.9.10


Die Vedanta-Tochter Sterlite Industries hat Ärger mit den indischen Justizbehörden. Der Madras High Court hat das Unternehmen angewiesen, einen Standort zu schließen – und das sofort.


Dabei handelt es sich um eine Kupferschmelze von Sterlite Industries (WKN: A0MU16) in Tuticorin, einer Stadt im südlichen Indien, deren Hafen zu den wichtigsten Überseehäfen des Subkontinents gehört. Die Anlage müsse sofort geschlossen werden, hat das Gericht laut einem Bericht von „The Economic Times“ verfügt. Der Madras High Court ist eines der drei höchsten indischen Gerichte und begründet seine Entscheidung offenbar unter anderem mit Umwelt- und Sicherheitsaspekten. So sieht man durch die Aktivitäten der Kupferschmelze einen Anstieg der Umweltverschmutzung. Zudem seien die Sicherheit und die Gesundheit der Arbeiter gefährdet.

Von Sterlite kommt zu der Entscheidung kein echter Kommentar. Man müsse die Urteilsbegründung abwarten, heißt es. Die Aktie des Konzerns fällt infolge der Nachricht deutlich. Sterlite gehört zum Konzern Vedanta Resources (WKN: A0BKZ0), beide Unternehmen wurden vom indischen Milliardär Anil Agarwal gegründet. Auch das Vedanta-Papier steht am Mittwoch unter Druck.

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Sterlite Industries ( India ) has posted consolidated net profit of Rs 10,080.3 million for the quarter ended Sep.30, 2010 against Rs 9,588.5 million, marginal rise of 5.13%.

Net sales fell 0.93% at Rs 60,289.8 million for the quarter ended Sep.30, 2010 against Rs 60,854.6 million for the quarter ended Sep.30,2009

Shares of the company declined Rs 1.35, or 0.78%, to trade at Rs 171.00. The total volume of shares traded was 1,093,379 at the BSE (2.18 p.m., Tuesday).

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Friday, 17 Dec 2010


Bloomberg reported that Sterlite Industries and Hindalco Industries are seeking 76% increase in treatment and refining fees as demand rebounds.

Two of the people said that the companies, which will together produce about 660,000 tonnes of copper this year are asking mining companies including Freeport McMoRan Copper & Gold Inc to pay USD 82 per tonne for smelting for 2011 compared with USD 46.50 this year. Charges for refining the smelted ore into metal will be raised to 8.2 cents a pound from 4.65 cents.

Demand for copper, used in pipes and wiring, is reviving with the global economic recovery. The price surged to a record on December 13 on speculation demand from China will rise. China the biggest buyer bought a record 683,523 tonnes of copper in September.

Sterlite rose as much as 1.6% to INR 173.30 and traded at INR 172.80 in Mumbai. Hindalco fell 1.2% to INR 222.15. The benchmark Sensitive Index dropped 0.6%. Hindalco and Sterlite which together control more than 95% of India’s copper production have concentrate inventory of as many as 35 days against the usual 18 to 21 days.

Mr Giriraj Daga an analyst at Nirmal Bang Securities Limited said that with such high supplies of concentrate these companies are going to benefit.

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Sterlite Industries (SLT) Announces 150-MW Power Generation Expansion in India


January 7, 2011 6:57 AM EST

Sterlite Industries (India) Limited subsidiary (NYSE: SLT) announced that they are investing Rs. 865 Crore on a 150-MW power generation capacity expansion.

Wind-farms will be located in Rajasthan, Maharashtra, Karnataka and Tamil Nadu.

From the release:

"The Project will be completed in two phases. The first phase of 50 MW will be completed by the end of Q4 FY 2011.

The second phase of 100 MW will be completed by the end of Q2 FY 2012.

Post the expansion, the Company’s wind power generation capacity will increase to around 275 MW."

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Antwort auf Beitrag Nr.: 40.820.964 von R-BgO am 07.01.11 16:21:29

Sterlite Industries (India) Limited subsidiary (NYSE:SLT) (BSE:STERLITEIND), Hindustan Zinc Limited issued the following release on 6 January 2011.

Hindustan Zinc Limited
Announces 150 MW Expansion in Wind Power Generation Capacity

* Additional 150 MW Wind power generation capacity at an investment of around Rs. 865 Crore.
* Wind-farms in Rajasthan, Maharashtra, Karnataka and Tamil Nadu.
* Project completion in two phases - Phase I of 50 MW to be completed by March 2011; and Phase II of 100 MW to be completed by September 2011.

Taking its green energy initiative a step further, Hindustan Zinc Limited ("the Company"), today announced an addition of 150 MW capacity to its existing Wind Power generation capacity of around 125 MW. The project spans the states of Rajasthan, Maharashtra, Karnataka and Tamil Nadu. In line with existing wind power sales, the additional power generated will also be sold to the respective State grids. The Company perceives wind power generation as a financially and environmentally viable solution for meeting India's rapidly growing energy requirements.

The Project will be completed in two phases. The first phase of 50 MW will be completed by the end of Q4 FY 2011. The second phase of 100 MW will be completed by the end of Q2 FY 2012. The total outlay for the project is estimated to be Rs. 865 Crore. Post the expansion, the Company's wind power generation capacity will increase to around 275 MW.

[R-BgO]

Antwort auf Beitrag Nr.: 40.820.964 von R-BgO am 07.01.11 16:21:29

Friday, 07 Jan 2011


India’s largest wind turbine manufacturer, Suzlon Group has signed an agreement with Hindustan Zinc Limited to set up, operate and maintain 150 MW of wind power projects across the states of Karnataka, Maharashtra, Rajasthan and Tamil Nadu.

The project entails a total investment of approximately USD 191 million. The cumulative capacity of 150 MW will be completed in two phases. The first 50 MW by March 2011 and remaining 100 MW progressively by September 2011 and be supplied with a mix of Suzlon’s S82-1.5 MW and S88-2.1 MW wind turbine models.

The power generated will be purchased by the respective state’s distribution utilities at the prevailing feed in tariff under a long term power purchase agreement.

Mr Tulsi R Tanti founder CMD of Suzlon Energy Limited, said that “The Vedanta Group is one of India’s leading industrial houses, and we are very pleased to be their partner of choice. This order underlines the acceptance of wind energy as a viable and profitable solution to meet the increasing appetite among large corporations for reducing their carbon footprint and meeting energy needs in sustainable manner.”

[R-BgO]

Jahresergebnis war ok; HV am vergangenen Samstag; das mit der Divi verstehe ich nicht so recht...

[R-BgO]

und nu werden sie weg-gemergert: http://sterlite-industries.com/Admin/PressRelease/Sterlite%2…

[R-BgO]

Antwort auf Beitrag Nr.: 42.876.857 von R-BgO am 09.03.12 12:10:45

scheint ein bisschen zu dauern; GJ 2011/12 war nur geringfügig niedriger als davor

aktuelles KGV knapp 7

[R-BgO]

Antwort auf Beitrag Nr.: 43.370.060 von R-BgO am 10.07.12 15:40:43

eben mal Bilanz per 31.3.2013 angesehen:

aktuelles KGV beträgt unter 6, Aktie notiert 40% unter Buchwert

[R-BgO]

Antwort auf Beitrag Nr.: 42.876.857 von R-BgO am 09.03.12 12:10:45

neue Stücke seit heute eingebucht;


MUMBAI, India--(BUSINESS WIRE)--August 29, 2013--
Sesa Goa Limited ('Sesa Goa' or the 'Company') has today allotted equity shares to the Shareholders of Sterlite Industries (India) Limited ('Sterlite'), The Madras Aluminium Company Limited ('MALCO') and Ekaterina Limited ('Ekaterina') pursuant to the Schemes of Amalgamation and Arrangement as under:

1. To the Shareholders of Sterlite: 194,45,43,741 (One Hundred Ninety Four
crores Forty Five lacs Forty Three Thousand Seven Hundred and Forty One)
equity Shares of Re. 1/- fully paid up, 3 Sesa Goa shares being issued
for every 5 existing Sterlite shares;

2. To the Shareholders of MALCO: 7,87,24,989 (Seven crores Eighty Seven Lacs
Twenty Four Thousand Nine Hundred and Eighty Nine) of Re. 1/- each fully
paid up, 7 Sesa Goa shares being issued for every 10 existing MALCO
shares;

3. To the Shareholders of Ekaterina: 7,23,04,334 (Seven crores Twenty Three
Lacs Four Thousand Three Hundred and Thirty Four) of Re. 1/- each fully
paid up, 1 Sesa Goa shares being issued for every 25 existing Ekaterina
shares.
Consequent to the aforesaid allotments, the paid up equity share capital of the Company stands increased from Rs. 869,101,423 to Rs. 2,964,674,487.

Sesa Goa will apply to the Bombay Stock Exchange and the National Stock Exchange in India (together, the "Indian Stock Exchanges") for listing approval for the new Sesa Goa shares and expects to receive the final listing approval within three to four business days. Thereafter, Sesa Goa will apply to the Indian Stock Exchanges for trading approval for the new Sesa Goa shares and expects to receive the trading approval within a further two to three business days. The new Sesa Goa shares are expected to begin trading on the Indian Stock Exchanges on the next business day in India after trading approval is received.

About Sesa

Sesa is India's leading producer and exporter of iron ore in the private sector with operations in the states of Goa and Karnataka in India and a large integrated project site in Liberia, West Africa. Founded in 1954, for about 6 decades, Sesa has been involved in iron ore exploration, mining, beneficiation and exports. Sesa is a part of Vedanta Resources plc, the London-listed FTSE 100 diversified metals and mining major. Sesa also manufactures pig iron and metallurgical coke, with a 0.56 mtpa metallurgical coke plant and a 0.625 mtpa pig iron plant in Goa, and associated two power plants of 30 MW each.

[R-BgO]

weiter geht's hier Thread: Sesa Goa - indischer Rohstoffproduzent

over-and-out