QUOTE AND NEWS
Business Standard  Jan 17  Comment 
Private shipbuilding major ABG Shipyard is in talks with global private equity (PE) players to sell its 15.23 per cent stake in Great Offshore Ltd, a top company official has said. The transaction is likely to be sealed within six months.
Business Standard  Jan 15  Comment 
Stock gains nearly 20% on the Bombay Stock Exchange.
The Economic Times  Jan 7  Comment 
ABG Shipyard had earlier exited the fight for Great Offshore by selling its entire stake. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I 52 Week: High, Low
The Economic Times  Jan 6  Comment 
ABG Shipyard, which exited the fight for GOL by selling its entire stake and pricing its bid lower than rival Bharati Shipyard’s, has ended up with a 15% stake in the company.
Reuters  Jan 6  Comment 
ABG Shipyard Ltd through a unit has acquired 5.7 million shares, or 15.2 percent, of Great Offshore Ltd via an open offer, a filing by the latter showed on Wednesday.
Business Wire  Dec 28  Comment 
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has named Porter Novelli as its public relations agency of record. Porter Novelli will work with Asbury in all
Wall Street Journal  Dec 23  Comment 
ABG Shipyard -- which earlier this month exited from a bidding war to gain control of Great Offshore -- said it will keep its remaining shares in the offshore oilfield services company.
Business Standard  Dec 22  Comment 
Bharati Shipyard has received 10.2 million shares in the open offer made for acquiring an additional stake of 20 per cent in Great Offshore at Rs 590 a piece. The shares are equivalent to a stake of 27.5 per cent. Bharati had made the offer...
Business Standard  Dec 14  Comment 
ABG Cement, a company floated by ABG Group for entering into cement manufacturing and sale, aims to raise production capacity of its cement plant in Kutch to 6.6 million tonnes per annum in the long run.
The Economic Times  Dec 5  Comment 
In a block deal reported to the stock exchanges earlier this week, ABG Shipyard Ltd (ABG) and Eleventh Land Developers Pvt Ltd (ELDPL), a wholly owned subsidiary of ABG, announced the sale of 30.78 lakh shares of Great Offshore through a stock...



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ABG AT A GLANCE
P/E -0.975 
EV/EBITDA -2.24 
ROA -17.6%VERY LOW
ROE -84.7%VERY LOW
Debt to Equity 4.28HIGH
Current Ratio 1.47AVG
Interest Coverage Ratio -7.08LOW
 
 
 
 
 
 
 
 




References

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