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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
Kaiser Aluminum 1st-qtr beats Street estimates
Thursday, Apr 26, 2012
Kaiser Aluminum Corp's first-quarter results beat analysts' expectations, driven by higher volume and improved pricing.
January-March profit rose to $27 million, or $1.38 per share, from $11 million, or 57 cents per share, a year ago.
Excluding items, the company earned $1.09 cents per share.
Net sales rose 34 percent to $365 million.
Analysts had expected the company to earn 75 cents per share, on revenue of $352.9 million, according to Thomson Reuters I/B/E/S.
Shares of the Foothill Ranch, California-based company, which has a market value of $922.4 million, closed at $49.20 on Wednesday on the Nasdaq.
 
Courtesy: Worldal.com

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