Essar Steel (Delisted) share price history

BSE: 500627

Last traded ₹51.80 on 13 Dec 2007

Delisted on 14 Dec 2007.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

  1. Dec 2007

    • 24 Dec · Suspension of Preference Shares

      Members of the Exchange are hereby informed that the trading in the 0.01% Cumulative Redeemable Preference Shares (Series - P1) of Essar Steel Limited shall be suspended w.e.f. December 28, 2007 (i.e. closing hours of trading on December 27, 2007) on account of premature redemption.
    • 19 Dec · Corporate action

      The Company has fixed 4th January, 2008 as the Record Date for determining the names of shareholders who shall be entitled to receive the redemption proceeds of 0.01% Cumulative Redeemable Preference Shares of Rs.10/- each. The company has already obtained approval from the members through postal ballot on December 15, 2007 for premature redemption of these preference shares of Rs.10/- each at a premium of Rs.2.50 per share(viz. Rs.12.50 per share)
    • 17 Dec · Results

      Essar Steel Limited had informed the Exchange regarding the dispatch postal ballot form in relation to Special Resolution given in the postal ballot notice dated October 31, 2007. The Company has now informed the Exchange that the Postal Ballot forms were received till the closure of the working hours of December 13, 2007. The scrutiniser, Shri T V Visweswara Rao, submitted his report to the Chairman appointed for the postal ballot process. Outcome of the postal ballot has been announced on December 15, 2007. As per the announcement, the special resolution has been passed with requisite majority. Accordingly, consent of the 0.01% Cumulative Redeemable Preference Shareholders & Equity Shareholders has been obtained for Premature redemption of 0.01% Cumulative Redeemable Preference Shares of Rs.10/- each at a premium of Rs.2.50 per share (viz. Rs.12.50 per share).
    • 12 Dec · Suspension and Delisting of trading in equity shares

      Members are requested to refer to the broadcast message dated December 5, 2007 of Essar Steel Limited (Symbol: ESTL) regarding suspension of trading in the equity shares of Essar Steel Limited w.e.f December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) and subsequent withdrawal of admission to dealings (delisting) in securities of the said company w.e.f. December 14, 2007 being kept in abeyance until further notice. Members are hereby informed that the trading in equity shares (Series - EQ/BL) of Essar Steel Limited (Symbol: ESTL) shall be suspended w.e.f December 14, 2007 (i.e. w.e.f. closing hours of trading on December 13, 2007) and admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. December 24, 2007. This decision is being taken pursuant to the order passed today i.e on December 12, 2007 by the Hon'ble Securities Apellate Tribunal (SAT) vacating the earlier interim order passed by SAT on December 5, 2007.
    • 5 Dec · Suspension/Delisting kept in abeyance

      Members are requested to refer to the broadcast message dated November 23, 2007 of Essar Steel Limited (Symbol: ESTL) regarding suspension of trading in the equity shares of Essar Steel Limited w.e.f December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) and subsequent withdrawal of admission to dealings (delisting) in securities of the said company w.e.f. December 14, 2007 on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. Members may note that the same is being kept in abeyance until further notice. This decision is being taken pursuant to interim order passed today i.e. on December 5, 2007 by Hon ble Securities Appellate Tribunal (SAT). Therefore, Members may note that trading in the equity shares of Essar Steel Limited will continue until further notice.
  2. Nov 2007

    • 23 Nov · Suspension and Delisting of trading in equity shares

      Members of the Exchange are hereby informed that the trading in the equity shares of Essar Steel Limited shall be suspended w.e.f. December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. December 14, 2007.

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results

Standalone; ₹ crore, the quarter to Sep 2007; no annual accounts on record yet.Quarterly results

Quarter to Sep 2007

Revenue
₹2,561 Cr
Net profit
₹152 Cr
Net margin
5.9%

Revenue by quarter

Net profit by quarter, a loss in red

Recent sessions

The last 10 trading days to 13 Dec 2007, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Dec 200751.6053.5051.5051.8051.8764,38,660
12 Dec 200762.8067.3057.2057.2060.1637,84,225
11 Dec 200767.5068.0063.1063.5065.4613,83,543
10 Dec 200769.5069.7065.2566.3066.8217,29,236
7 Dec 200776.7078.2064.0067.8569.6389,50,810
6 Dec 200765.0071.1065.0071.1070.9531,73,139
5 Dec 200757.5065.4057.5059.2561.961,06,45,381
4 Dec 200748.0056.8547.6055.9052.9188,93,035
3 Dec 200747.2548.0047.1047.4047.6310,10,078
30 Nov 200746.8047.3046.8047.1547.103,07,380
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Essar Steel Ltd
BSE code
500627
ISIN
INE127A01021
Face value
₹10