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Gujarat NRE Coke (BOM:512579)
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Gujarat NRE records 28% 3 month gains on BSE
Commodity Online  Nov 23  Comment 
Leading Indian cocking coal miner Gujarat NRE Coke Ltd (BOM: 512579) yielded thumping returns for its investors as the company stock recorded sharp rise over past three months.
Reliance Money sees over 50% rise in Gujarat NRE Coke
The Economic Times  Nov 4  Comment 
In its results update note, Reliance Money has reiterated its ‘Buy’ call on Gujarat NRE Coke with a price target of Rs 83.
Gujarat NRE allots 4 mln shares to Bennett Coleman
Reuters  Oct 1  Comment 
Gujarat NRE Coke said on Thursday it has allotted 4 million shares on preferential basis to Bennett Coleman & Co at 50 rupees each.
Gujarat NRE Coke up 7.19 per cent
Business Standard  Sep 24  Comment 
The Gujarat NRE Coke scrip surged 7.19 per cent to Rs 67.85 on fund raising plan. The Board has decided to issue Foreign Currency Convertible Bonds for an amount up to $ 60 million (around Rs 300 crore) and issue of 25 million Convertible Warrants...
Gujarat NRE to mull fund raising, OKs bonus issue
Reuters  Sep 22  Comment 
Gujarat NRE Coke Ltd said on Tuesday its board will meet on Sept. 24 to consider raising up to $60 million through issue of securities, including foreign currency convertible bonds.
Gujarat NRE Coke won't raise Rey Resources bid - CMD
Reuters  Aug 26  Comment 
Metallurgical coke producer Gujarat NRE Coke will not raise its offer price for Rey Resources if prices rally further on concerns of higher valuation, its chairman and managing director told Reuters.
Corporate Round Up: Tata Chemicals, Gujarat NRE Coke
The Economic Times  Aug 17  Comment 
The Rallis India scrip gained over 10% in the last three trading sessions to close at Rs 760.8 on Friday following the news that Tata Chemicals would buy out stakes of other promoter group companies in Rallis.
Gurajat NRE Minerals gets NoC to aquire Rey Resources
Business Standard  Aug 12  Comment 
Gujarat NRE Minerals Limited (GNM), an Australian Subsidiary of Gujarat NRE Coke Limited, has received a no-objection from the Australian Government under the Foreign Acquisition and Takeovers Act, 1975 for an off-market takeover to acquire entire...
Gujarat NRE to commission its NSW mine soon
Business Standard  Aug 11  Comment 
Gujarat NRE Minerals Ltd, Australian subsidiary of Gujarat NRE Coke Ltd, is in the final stages of commissioning its longwall at the Wongawilli hard coking coal mine near Wollongong in New South Wales.
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Sr. Associate
Sivakumaran Jothiraman

GUJARAT NRE COKE LIMITED

Gujarat NRE Coke is the largest independent producer of Met Coke in India and is the only Indian company with coking coal mines in Australia having more than 500 million tons of Metallurgical Coal with excellent coking properties. The company is set to emerge as one of the largest coking coal producers in Australia over the next few years.

The coal mines are owned through its subsidiaries – Gujarat NRE Minerals Limited (ASX:GNM). Besides ownership of these coal mines, the company has done cornerstone investments in resource prospecting companies that are scouting for coal, gold, iron-ore and various other base metals. The company has 27.5 MW wind power energy and has also set up mini steel mill in Gujarat to recycle steel scraps using green wind energy to manufacture TMT Bars.

The Group has eminent independent professional directors and is headed by Mr Arun Kumar Jagatramka, a qualified chartered accountant. From a single product entity, dependent on the vagaries of commodity cycles, the company is now in the process of reinventing itself as a global resource entity with core focus on coking coal.

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