tag:blogger.com,1999:blog-7560742510697286456.post7520544963099083164..comments2024-03-28T20:50:55.366+05:30Comments on Rare Indian Shares ( by Ashwani K Aggarwal ): Pilani Investment And Industries LimitedAshwani Kumar Aggarwalhttp://www.blogger.com/profile/10820001457282962646noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7560742510697286456.post-50006772791510395082011-03-18T13:48:35.265+05:302011-03-18T13:48:35.265+05:30Oswal Agro Mills Ltd Company was incorporated in t...Oswal Agro Mills Ltd Company was incorporated in the year 1979, is engaged in trading and investing activities, and has plans to take up some real estate projects, and projects related to Minerals & Petroleum products. The company has wholly owned subsidiary named ‘Oswal Overseas Ltd’ in UAE for pursuing various international projects. The securities of the <br />company has been suspended from BSE & NSE, but the company’s request for allowing the trading of the shares is pending with both these exchange. <br /><br />Key Points Key Points<br /> <br />1. During the previous quarter ended June 2009, the company’s profit after tax has increased to Rs 159.70 <br />lakhs as compared to Rs 3.70 lakhs in the quarter ended June 2008. <br /> <br />2. During the previous year ended 2008-09, the company has suffered huge loss due to sudden slow <br />down, which has affected the Indian real estate, investment and other business segments. With current <br />markets recovering, the company’s future looks quite good. <br /><br />3. The market value of its investments as on 31/03/2009 <br />comes around Rs 16,535 lakhs. <br />Future Prospects Future Prospects <br />The company’s future outlook looks bright but will depend mainly on the general economic conditions and the performance of real estate and investment sectors. The company has performed very well in the quarter ended June, 2009.The company is also exploring the possibilities of undertaking some real estate projects, the outlook for which seems to be quite encouraging.Tanyanoreply@blogger.com