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:: EASTERN INVESTMENTS LTD. ::

Updated on 30th June, 2012

 

Eastern Investments Limited is a public sector company promoted by Govt. of India..

There are 5 companies within the fold of Eastern Investment Ltd. The most valuable company in this group is Orissa Mineral Development Corporation Limited which is into Iron Ore Mining.

Eastern Investments is holding 51% Shares in OMDC. It belongs to the Bird Group of Companies.

306000 Shares of Orissa Minerals Development Company Limited are held by Eastern Investments, which has a small capital of Rs. 1.44 CRORES.

Last declared dividend in Eastern Investment Limited is 65.65%   for FY 2010-11

The Shares of Eastern Investment are available @ Rs.4000.00 / Share

Shares of Eastern Investments Ltd. are listed at Calcutta Stock Exchange although not traded .TRADES ARE DONE IN OFF MARKET.

The Shares of Eastern Investment are dematerialised with NSDL & CDSL.

At todays price of Rs. 33,000.00 / share of OMDC, the value of investments of OMDC in Eastern is approx Rs. 990 Crores, whereas the value of market capital of Eastern Investments is only Rs. 576 Crores.

THE SHARES ARE SOON TO BE LISTED ON NSE AND BSE MOST LIKELY IN 2012-13

Only Long term investors should buy into Shares of Eastern Investments Ltd.

If your are interested in purchasing or selling of shares of Eastern Investments Limited, kindly get in touch.

SANDIP GINODIA
ABHISHEK SECURITIES
Mob. : 98302 71248
Email : sandip@abhisheksecurities.com

www.birdgroup.gov.in


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