Guj NRE Coke arm to raise Rs 373 crore Down Under

Gujarat NRE Coke (DVR) at its meeting held on April 29, 2013, has considered and approved to issue securities (including FCCBs) for an amount not exceeding USD 100 million or Rs 550 crore, whichever is higher subject to the approval of shareholders.

NEW DELHI: today said its Board has approved raising up to $ 100 million (Rs 550 crore) by issuing . The company said in an exchange filing that its Board has approved "issue of Securities (including Foreign Currency Convertible Bonds) for an amount ...

According to Phani Sekhar, Fund Manager at Angel Broking, National Mineral Development Corporation (NMDC) is a much better bet than Gujarat NRE Coke.

Arun Kumar Jagatramka, MD, Gujarat NRE Coke expects the demand for coke to pick up on the removal of the ban on iron-ore mining in Karnataka. Speaking to CNBC-TV18, he adds that the company plans to raise upto USD 100 million via FCCBs to fund increase in ...

GMR Infra | Fresenius Kabi | Gujarat NRE Coke | Maruti Suzuki | AP Paper Mills | MM Financial | Axis Bank and Jet Airways are stocks, which are in the news today.

11:40 (IST) More From Market Indiabulls Financial Services, Indian Overseas Bank, Mahanagar Telephone Nigam and Exide Industries are among the other gainers. Metallurgical coke maker Gujarat NRE Coke jumped 5.64% to Rs 62.70. The stock topped the ...

Sudarshan Sukhani, s2analytics.com is of the view that one should exit Gujarat NRE Coke at current level.

Business Line reported that it seems JSPL's 100% takeover bid for the Australian miner Gujarat NRE Coking Coal Ltd is intended to reduce the public holding rather than a management change. HSBC Global Asset Management Ltd a substantial stakeholder ...

India's leading steel maker Jindal Steel and Power has increased its equity in Gujarat NRE Coking Coal, the Australian stock exchange-listed subsidiary of Kolkata-based Gujarat NRE Coke. Prior to the opening of the offer in February 2013, JSPL had a ...