CAPRIHANS INDIA
Article Abstract:
Caprihans India manufactures rigid and flexible poly vinyl chloride (PVC) sheets, plastic extruded sheets, phenolic and melamine laminates besides dealing in real estate. Caprihans reported a loss of Rs11.19 crore in 1996-97 due to intense competition in the industry and its outdated technology. Vereinigte Kunststoffwerke GmbH (VKW) of Germany has acquired 51 percent stake in Caprihans at a price of Rs57 per share, against the current ruling price of Rs23.60. With its new FERA status, Caprihans is likely to receive better technology and also serve as a sourcing base for Asian markets. (uh) ------------------------------------------------------------ Financial Performance of Caprihans India (Rs in crore) ------------------------------------------------------------ Particulars Six months ended Six months ended September 1997 September 1996 ------------------------------------------------------------ Sales 57.59 70.46 ------------------------------------------------------------ Depreciation 1.93 2.01 ------------------------------------------------------------ Gross profit/(loss) (3.89) 3.06 ------------------------------------------------------------ Net profit/(loss) (5.82) 0.91 ------------------------------------------------------------ Equity 13.13 4.60 ------------------------------------------------------------ Earnings per share (Rs) (4.43) 1.98 ------------------------------------------------------------
Comment:
Reports loss of Rs11.19 crore in 1996-97 due to intense competition in the industry & its outdated technology
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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CONTAINER CORPORATION OF INDIA
Article Abstract:
Container Corporation of India (Concor), a domestic and international container transport public sector company, also provides multimodal logistics support. The government has put up Concor for divestment. The company has over 14 inland container depots, four freight stations and 11 domestic container terminals. Concor posted sales of Rs602.08 crore in 1997-98 against Rs531.36 crore in 1996-97. Its net profit increased to Rs115.98 crore from Rs95.40 crore. It gave an earnings per share of Rs17.84 on an equity of Rs64.99 crore in 1997-98. (khr)
Comment:
Posts sales of Rs602.08 crore in 1997-98 against Rs531.36 crore in 1996-97
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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PEERLESS ABASAN FINANCE
Article Abstract:
Peerless Abasan Finance is a housing finance company with an equity of Rs11 crore. In 1996-97, its total income slid by 2 percent to Rs8.52 crore (Rs8.73 crore in 1995-96). Its net profit declined by 50 percent to Rs0.67 crore (Rs1.40 crore). In the first half of 1997-98, its total income declined by 10 percent. Its net profit slumped to Rs21,000. Its earning per share was Re0.01. Its scrip is being traded at Rs2.45 now. (rk)
Comment:
Firm's total income slides by 2% percent in 1996-97 to Rs8.52 crore vs Rs8.73 crore in 1995-96
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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