Chowgule Steamships
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Forensics
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Sept 4 (Reuters) - Chowgule Steamships Ltd CHWG.BO:
APPROVED DISPOSAL OF UNIT CHOWGULE STEAMSHIPS OVERSEAS VIA VOLUNTARY LIQUIDATION
APPROVED SALE OF LAND TO ANGRE PORT AND/OR CHOWGULE LAVGAN SHIPREPAIR
APPROVED LETTING OUT LAND ON LEASE OR RENTAL BASIS TO ANGRE PORT AND/OR CHOWGULE LAVGAN SHIPREPAIR
Source text for Eikon: ID:nBSE6dmJFY
Further company coverage: CHWG.BO
(([email protected];))
Sept 4 (Reuters) - Chowgule Steamships Ltd CHWG.BO:
APPROVED DISPOSAL OF UNIT CHOWGULE STEAMSHIPS OVERSEAS VIA VOLUNTARY LIQUIDATION
APPROVED SALE OF LAND TO ANGRE PORT AND/OR CHOWGULE LAVGAN SHIPREPAIR
APPROVED LETTING OUT LAND ON LEASE OR RENTAL BASIS TO ANGRE PORT AND/OR CHOWGULE LAVGAN SHIPREPAIR
Source text for Eikon: ID:nBSE6dmJFY
Further company coverage: CHWG.BO
(([email protected];))
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What does Chowgule Steamships do?
Chowgule Steamships is a private sector shipping company in Goa, India, that owns and operates a fleet of vessels for transporting bulk cargoes by sea, with a focus on meeting the transportation needs of iron ore exports.
Who are the competitors of Chowgule Steamships?
Chowgule Steamships major competitors are Hariyana Ship Break, Arvind Port & Infra, Deccan Transcon Lsg., Shahi Shipping, Garware OffshoreServ, Sadhav Shipping, Transworld Shipping. Market Cap of Chowgule Steamships is ₹82 Crs. While the median market cap of its peers are ₹70 Crs.
Is Chowgule Steamships financially stable compared to its competitors?
Chowgule Steamships seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Chowgule Steamships pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Chowgule Steamships latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Chowgule Steamships allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Short Term Loans & Advances
How strong is Chowgule Steamships balance sheet?
Balance sheet of Chowgule Steamships is strong. But short term working capital might become an issue for this company.
Is the profitablity of Chowgule Steamships improving?
The profit is oscillating. The profit of Chowgule Steamships is ₹1.29 Crs for Mar 2025, ₹7.42 Crs for Mar 2024 and ₹0.35 Crs for Mar 2023
Is the debt of Chowgule Steamships increasing or decreasing?
The net debt of Chowgule Steamships is decreasing. Latest net debt of Chowgule Steamships is -₹0.32 Crs as of Mar-25. This is less than Mar-24 when it was -₹0.31 Crs.
Is Chowgule Steamships stock expensive?
Chowgule Steamships is not expensive. Latest PE of Chowgule Steamships is 18.93, while 3 year average PE is 29.68. Also latest EV/EBITDA of Chowgule Steamships is 0.0 while 3yr average is 2887.
Has the share price of Chowgule Steamships grown faster than its competition?
Chowgule Steamships has given better returns compared to its competitors. Chowgule Steamships has grown at ~-6.03% over the last 1yrs while peers have grown at a median rate of -37.7%
Is the promoter bullish about Chowgule Steamships?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Chowgule Steamships is 72.13% and last quarter promoter holding is 72.13%.
Are mutual funds buying/selling Chowgule Steamships?
The mutual fund holding of Chowgule Steamships is stable. The current mutual fund holding in Chowgule Steamships is 0.03% while previous quarter holding is 0.03%.