A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

Categories

Search Results for: Essar Oil

Essar Oil Delisting is Over or is It !? ~ Glitch or Golmaal !?

Essar Oil Delisting is Over or is It !? ~ Glitch or Golmaal !?  Yesterday at 3.30 pm was the cut off time for all shares to be tendered in the Essar Oil reverse book building on BSE & NSE The First criteria for the delisting endeavour to be considered successfull is that  at least […]

Essar Oil Delisting is Over or is It !? ~ Glitch or Golmaal !? Read More »

Essar Oil Delisting ~ Love the Guy who has tendered at Rs 5630 !

😆 Love the Guy who’s tendered  on NSE for just 25 shares at Rs 5630 in the ongoing Essar Oil Delisting Endeavour ! Look at the NSE Confirmed Demat Shares Tender Position as at 3.30 pm this afternoon Who in their right mind would tender at Floor Price of Rs 146.05  or even below Rs

Essar Oil Delisting ~ Love the Guy who has tendered at Rs 5630 ! Read More »

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Current Market Price is @ Rs 210 ~ What will be the discovered price ? Some Critical Questions yet in the air Six Years ago,LIC had picked up Rs 300 crs+ of Essar Oil in January 2010 at Rs 140 a share ~ Will they

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain Read More »

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI!

Essar Oil surges to Rs 200+ on SEBI Order for Delisting ~ 5 Questions for SEBI ! Essar Oil again seems to be getting away ! SEBI should have shown some muscle and teeth and independence in ordering  either :  Compulsory Delisting of Essar Oil for the all the continuing  Corporate Governance Issues it keeps

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI! Read More »

Essar Oil kissing Rs 200 ! ~ Exposes Delisting Duplicity !

 Essar Oil kissing Rs 200 ! ~ Exposes Delisting Duplicity ! For a year now and after Essar Oil announced intention to delist last year,I’ve been maintaining how the Promoters,Ruias are bent on short circuiting Minority Shareholders by delisting at a low price…here are some of my earlier blogposts in the matter Essar Oil on

Essar Oil kissing Rs 200 ! ~ Exposes Delisting Duplicity ! Read More »

Essar Oil on Fire at Rs 167 after delisting natak last year at Rs 108

Essar Oil is on fire today at Rs 167 !.There are strong indicators that the Russian Oil Giant is acquiring a major stake but Company keeps repeatedly denying this Today’s extremely high abnormal volumes on BSE & NSE give a strong signal In Mid 2014 I had raised strong views on Essar Oil trying to

Essar Oil on Fire at Rs 167 after delisting natak last year at Rs 108 Read More »

Covered by Outlook Business for frowning on Essar Oil Delisting

A very well written article on the Essar Oil Delisting Proposal in the latest edition of August 8,2014 of Outlook Business has covered my frowning on it …they use the word ‘fumes’ though….maybe I did sound aggressive  when the young author of this coverage Twesh Mishra had connected with me after reading my recent blog

Covered by Outlook Business for frowning on Essar Oil Delisting Read More »

LIC will never go Public & Essar Oil wants to go Private ! ~ What is the Connection !?

LIC will never go Public & Essar Oil wants to go Private ! ~ What is the Connection !? Corporate Governance….rather the lack of it ! In January 2010 LIC picked up a huge Equity Stake in Essar Oil from Matterhorn in a NSE Deal LIC picked up 2.21 cr shares or 1.83% Equity Stake

LIC will never go Public & Essar Oil wants to go Private ! ~ What is the Connection !? Read More »

Two Interesting Bulk Buys…Essar Oil by LIC at Rs 140 and S Kumars by Merrill Lynch at Rs 47.60

Among the Bulk Deals that took place last week,two interesting purchases caught my eye…..even though I’m not a great Fan of the Ruias (Essar Oil) or the Kasliwals (S Kumars)…both gravely let down shareholders and other Stakeholders in the 1990s and even into the 21st Century…there were several Corporate Governance Issues too  20 Million Shares of ESSAR OIL (currently

Two Interesting Bulk Buys…Essar Oil by LIC at Rs 140 and S Kumars by Merrill Lynch at Rs 47.60 Read More »

Watch out for India Securities at Rs 25…Essar Group reviving their Sick NBFC

The beleagured Essar Group Company,India Securities Limited (ISL) is poised to revive The Ruias are bringing in equity at Rs 70/share to bail ISL out.ISL has an accumulated loss of Rs 28 crs There will be a demerger in ISL where the Investment Division will be spun off to another Listed Company Essar Securities limited (ESL).ISL

Watch out for India Securities at Rs 25…Essar Group reviving their Sick NBFC Read More »

Scroll to Top