https://www.bseindia.com/xml-data/corpfiling/AttachLive/ddb89c42-65b3-4c91-b4c1-c6aec8bb7a7e.pdf
Highlights of Parth Jindal's Shiva Cement Press Meet on 25/11/2020
Following are the take aways from the meeting:
1) Preference shares worth Rs.150 crores will be issued to Jsw cement by Shiva cement at a good premium. Parth mentioned the timeline within December 2020.
2) Rs.1150 crores will be raised through Debts for which the company is in talks with National as well as
Equity Research and New development updates on Shiva Cement as on November 2020
18/11/2020: Parth Jindal Tweets on latest development at Shiva Cement thanks Shiva cement project development team, Larsen & Toubro team and Odisha government.
For those who are researching on Shiva cement potential production of cement. Clinker to cement factor = [Clinker + Gy + Flyash/slag + additives (kg)] divided by Clinker consumed (kg). This conversion factor varies from plant to plant based on topography. Gy = gypsum. As per my knowledge flyash is readily available from JSW power plant in Odisha and Slag is also available from JSW steel plant in Odisha. Both can be procured by Shiva cement at least price than market to produce cement. Source: http://www.greenbusinesscentre.com/site/ciigbc/gbcd/Cement%20Formula%20Book.pdf
Revenue from 4000TPD of clinker = 4000 Tonne * 75% capacity utilisation* Rs.3500 per tonne* 300days= Rs.315 crores p.a. or Rs.78.75 crores per quarter.
The use of other constituents in cement and the reduction of the clinker-to-cement ratio means lower emissions and lower energy use. Ordinary Portland cement can contain up to 95% clinker (the other 5% being gypsum). The current average clinker-to-cement ratio over all cement types in the EU27 is 73.7%1.
Source: https://lowcarboneconomy.cembureau.eu/5-parallel-routes/resource-efficiency/clinker-substitution/
1MTPA OPC (Ordinary Portland Cement) Cement will require 95% cement ie 9.5 lakh tonnes of clinker or 2638.88TPD or 2638.88 Tonnes per day of clinker.
Assuming 75% capacity utilisation of cement plant ie 7.5 lakh tonnes will require 712500 tonnes of clinker or 2375 TPD or 2375 Tonnes per day of clinker.
Net Revenue from clinker = [3000 Tonne - 2375 Tonne] *Rs.3500 per tonne*300days = Rs.65.62 crores p.a or Rs.16.41 crores per quarter.
Revenue from Cement = 1MTPA+ 0.13MTPA(current capacity) *75% capacity utilisation = 8.475 lakh tonnes
No. of cement bags = 8.475 lakh tonnes p.a * 1000 kg per tonne / 50kg per bag = 1.695 crore bags p.a
Revenue from sale of cement bags = 1.695 crore bags * 350 per bag = Rs.593.25 crores p.a or Rs.148.31 per quarter
Revenue from current cement
Total Revenue post commissioning of 4000TPD clinker and 1 MTPA cement plant = Rs.65.62 p.a from clinker + Rs.593.25 crores from cement = Rs.658.87 crores or Rs.164.72 crores per quarter.
Current revenue of Shree Divijay cement from 1.2 MTPA cement capacity as on March 2020 is 469 crores p.a and is quoting @ Rs.66 per share.
Dow closes 700 points higher as investors cheer Gilead coronavirus treatment and plans for U.S. reopening
Boeing shares provide lift to Dow
Stocks rallied into the close Friday to notch their second-straight weekly gain after investor sentiment was buoyed by news of a possible treatment for the COVID-19 disease and after the Trump administration announced guidelines for reopening the economy late
Trading on Dow Jones & US Indices suspended as both fall by 7%
The S&P 500 and Dow Jones Industrial Index tanked 7 percent each at open hitting the lower circuit.
Trading on both the indices has been suspended for 15 minutes and will re-open at 9.49 am ET.
The carnage was the result of the steepest fall in crude oil prices since 1991, after Saudi Arabia
Trading on both the indices has been suspended for 15 minutes and will re-open at 9.49 am ET.
The carnage was the result of the steepest fall in crude oil prices since 1991, after Saudi Arabia
IRCTC declares stellar interim dividend post IPO you will be shocked
IRCTC declares 100% interim dividend which is Rs.10 per share
https://www.bseindia.com/xml-data/corpfiling/AttachLive/ec567ece-8727-4b7a-a004-3e86e8b8d0cc.pdf
https://www.bseindia.com/xml-data/corpfiling/AttachLive/ec567ece-8727-4b7a-a004-3e86e8b8d0cc.pdf
Prataap Snacks Limited reports strong double digit growth in Q3FY20
Prataap Snacks Ltd. (PSL), (BSE- 540724), (NSE- DIAMONDYD) a leading Indian Snack Foods Company has announced its financial results for the quarter and nine months ended 31st December 2019:
Rs 4,500 crore mutual fund money at stake in Voda Idea; Templeton markdown hits 6 schemes
Mutual funds having exposure to Vodafone Idea’s corporate papers and shares are staring at possible losses as an adverse judgment from the Supreme Court threatens to down the curtains on the business.
The telco’s survival will now depend on its ability to garner funds to pay the statutory dues and repay what it had borrowed from the market.
The government has estimated Vodafone Idea’s dues at over Rs 53,000 crore, including over Rs 28,000 crore in licence fee, interest and penalties and the rest on spectrum usage charges. Besides, the company’s total debt stood at Rs 1.15 lakh crore at the end of FY2019, shows available data.
Mutual fund investors have already taken the first hit from this, after Franklin Templeton India marked down its Vodafone Idea debt exposure to zero as a pre-emptive measure. It has also limited fresh inflows to the schemes having Vodafone Idea papers to Rs 2 lakh per day per fund per investor.
“The large quantum of AGR dues and immediate payment timeline is resulting in significant uncertainty with respect to our exposure to Vodafone Idea,” Franklin Templeton said.
Following these actions, net asset values (NAVs) of six of its funds have fallen 4-7 per cent due to the one-time write-off. As of January 16, total exposure of
The telco’s survival will now depend on its ability to garner funds to pay the statutory dues and repay what it had borrowed from the market.
The government has estimated Vodafone Idea’s dues at over Rs 53,000 crore, including over Rs 28,000 crore in licence fee, interest and penalties and the rest on spectrum usage charges. Besides, the company’s total debt stood at Rs 1.15 lakh crore at the end of FY2019, shows available data.
Mutual fund investors have already taken the first hit from this, after Franklin Templeton India marked down its Vodafone Idea debt exposure to zero as a pre-emptive measure. It has also limited fresh inflows to the schemes having Vodafone Idea papers to Rs 2 lakh per day per fund per investor.
“The large quantum of AGR dues and immediate payment timeline is resulting in significant uncertainty with respect to our exposure to Vodafone Idea,” Franklin Templeton said.
Following these actions, net asset values (NAVs) of six of its funds have fallen 4-7 per cent due to the one-time write-off. As of January 16, total exposure of
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