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  • Austral Coke & Projects Ltd BSE:533016 NSE:AUSTRAL

    Austral Coke & Projects Ltd is engaged in Manufacturing business. Company is listed on both NSE and BSE. NSE symbol for Austral Coke & Projects Ltd is 'AUSTRAL' and BSE code for Austral Coke & Projects Ltd is '533016'.

    About Company

    Incorporated in 1994, Austral Coke & Projects Limited is engaged in the manufacture and sale of low ash metallurgical coke and refactory in India. LAM Coke produced by Austral is used as a reducing agent in blast furnaces for reducing iron or into hot metal in steel, foundries, zinc smelters, cement and Ferro alloy industries. Company also deals in trading of textiles and rentals of construction and earthmoving machineries to medium/large construction companies who are engaged in the business of constructing/building of roads, airports, power projects, institutional & industrial complexes, multiplexes and residential buildings and other related infrastructural activities more importantly catering to Public Sector undertakings, private sector, CPWD and various national & international government aided projects. Currently it has capacity to produce 375,000 MT coke per annum which is planned to increase up to 525,000 MT per annum by FY’09. Current capacity utilization of LAM Coke plant is 65% of 175,000 MTPA which is expected to increase up to 75% of 525,000 MTPA by FY`09. Company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.

    Austral Coke & Projects Ltd Stock Quotes and Charts

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      Website   http://www.australcoke.com
      Industry*   Manufacturing

                 
     iCharts.in

     

    Austral Coke & Projects Ltd Current News Refresh News

     

    Messages for Austral Coke & Projects Ltd

    Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Stockfry.com or its staff.
    8.  Ram Kesh      7/26/2010 11:21:36 AM IST Price @BSE - Rs 6.58 when posted
    Do"t Worry yar ! Catch him Boldly For Only One Month ,, 

    7.  Ram Kesh      7/21/2010 11:00:56 AM IST Price @BSE - Rs 6.65 when posted
    Austral Coke and Projects Limited announced that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has considered and approved the appointment of Mr. Bimal Kumar Goenka as additional Director and Managing Director of the Company. Mr. Rishi Raj Agarwal ceases to be Managing Director of the Company with immediate effect and re designated as Non Executive Chairman of the Company.  

    6.  Ram Kesh      7/21/2010 10:45:54 AM IST Price @BSE - Rs 6.65 when posted
    austral coke soon gain Rs11.26 

    5.  Rajan      3/19/2010 10:53:30 AM IST Price @BSE - Rs 8.41 when posted
    Austral coke is a gud stock for future, Can be reach 24 by year end 

    4.  Nitin Salhotra      3/18/2010 8:16:38 PM IST Price @NSE - Rs 8.4 when posted
    Dear Sir,

    I would like to investment some money in austral coke for one year, can you suggest me it is right time to buy or wait for dip? 

    3.  k j nathani      2/13/2010 7:50:18 PM IST Price @BSE - Rs 7.27 when posted
    Dear,
    I think the problem of 1000 crores will be sorted out in very short time and stock jump Rs.20 to 25
    company sales is rising day by day and profit will be come.be passion. be calm, be cool 

    2.  atulsharma      2/10/2010 2:14:25 AM IST Price @BSE - Rs 7.22 when posted
    Sebi says Austral Coke in Rs 1000 cr a/c scam
    Mumbai: On a day when Austral Coke & Projects said it has acquired 50% stake in Osho Gremach Mining Limitada in Mozambique, the Securities and Exchange Board of India (Sebi) has found the company involved in a Rs 1,000 crore accounting scam.
    The manufacturer of low-ash metallurgical coke manipulated books by showing fraudulent purchases and sales to 29 companies associated with Kolkata-based Ajit Kumar Jindal, the capital markets regulator.
    The scam was unearthed in Ahmedabad by the Income Tax Department.
    The taxmen found bogus purchases of Rs 553 crore and sales of around Rs 495 crore. Jindal has admitted they were sham transactions.
    The company raised Rs 142.3 crore through a public issue in August 2008 and was planning a meeting to get shareholder approval for an additional fund raising of $200 million through a qualified institutional placement.
    Nearly 75% of the shares of the company are locked-in.
    The company has not disclosed the financial details of the
    transaction.
     

    1.  soorajshukla      2/10/2010 1:13:33 AM IST Price @BSE - Rs 7.22 when posted
    within 01 year, more than 80% downfall occured in share`s rate of austral cole? what was the reason behind this?
    what is the possibility for the future of this company? 

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