Latest news with #GNK
United News of India
01-08-2025
- Politics
- United News of India
Telangana Dy CM dedicates 1st unit of Yadadri Thermal Power Plant
Nalgonda, Aug 1 (UNI) Telangana Deputy Chief Minister Bhatti Vikramarka Mallu said the 4,000 MW Yadadri Thermal Power Plant will be fully dedicated to the nation by January next year. Speaking after dedicating the first 800 MW unit to the nation on Friday and laying the foundation stone for an integrated township at the project site, to be developed at a cost of Rs 970 crore, Bhatti Vikramarka termed the event 'historic' for meeting the state's power needs. He said the project was delayed for nearly two years due to the previous government's failure to secure environmental clearances, which increased costs significantly. 'After the present Congress government came to power, clearances were obtained in just two months, and two units totaling 1,600 MW were completed by setting weekly and monthly targets,' he explained. The Deputy CM announced that employees working at the remote site would be provided with world-class educational institutions, corporate-level medical facilities, and local welfare measures. Free education and healthcare will also be extended to local residents who cooperated in the project's construction, along with ambulance services and road development. He assured that those who gave up land for the project would receive jobs by August 15 and full rehabilitation and resettlement (R&R) benefits. Irrigation Minister Uttam Kumar Reddy praised Bhatti Vikramarka for his dynamic supervision, stating that the Yadadri project, once stalled, is now progressing rapidly and will benefit the state's power supply within two years. UNI VV GNK
Yahoo
16-07-2025
- Business
- Yahoo
Genco Shipping & Trading (NYSE:GNK) Shareholders Will Want The ROCE Trajectory To Continue
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Genco Shipping & Trading (NYSE:GNK) and its trend of ROCE, we really liked what we saw. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. What Is Return On Capital Employed (ROCE)? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Genco Shipping & Trading is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.045 = US$44m ÷ (US$1.0b - US$46m) (Based on the trailing twelve months to March 2025). Thus, Genco Shipping & Trading has an ROCE of 4.5%. In absolute terms, that's a low return and it also under-performs the Shipping industry average of 8.5%. Check out our latest analysis for Genco Shipping & Trading Above you can see how the current ROCE for Genco Shipping & Trading compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Genco Shipping & Trading . What The Trend Of ROCE Can Tell Us It's nice to see that ROCE is headed in the right direction, even if it is still relatively low. The data shows that returns on capital have increased by 10,432% over the trailing five years. That's a very favorable trend because this means that the company is earning more per dollar of capital that's being employed. Interestingly, the business may be becoming more efficient because it's applying 21% less capital than it was five years ago. If this trend continues, the business might be getting more efficient but it's shrinking in terms of total assets. In Conclusion... In summary, it's great to see that Genco Shipping & Trading has been able to turn things around and earn higher returns on lower amounts of capital. And a remarkable 237% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Genco Shipping & Trading (of which 1 is potentially serious!) that you should know about. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
United News of India
07-07-2025
- United News of India
Sixth batch of 8605 Amarnath pilgrims leave from Jammu
Jammu, July 7 (UNI) The sixth batch of 8605 pilgrims of Shri Amarnath Yatra amid the chants of 'Bam Bam Bhole' this morning left for the holy cave shrine in South Kashmir Himalayas here from Bhagwati Nagar based Yatri Niwas. Official sources said that the pilgrims left from the Jammu base camp in a fleet of 372 vehicles. "The sixth batch of 8605 pilgrims this morning left for Shri Amarnath Yatra cave shrine in Kashmir from Jammu base camp amid tight security arrangements," they added. They said that 5119 pilgrims left for Pahalgam and 3486 for Baltal in a fleet of 372 vehicles comprising Light Motor Vehicles and Heavy Motor Vehicles. Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday flagged off the first batch of pilgrims from here. UNI VBH GNK
United News of India
06-06-2025
- Politics
- United News of India
Telangana Governor extends greetings on Eid Ul Adha
Hyderabad, June 6 (UNI) Telangana Governor Jishnu Dev Varma extended warm greetings to the people of the state on the auspicious occasion of Eid Ul Adha (Bakrid), which will be celebrated on Saturday. In his message, the Governor said, 'I extend my heartfelt wishes and greetings on the auspicious occasion of Eid Ul Adha. This festival symbolizes the spirit of sacrifice and supreme devotion. It holds a special place in the Islamic faith, representing the values of sharing, charity, reverence, and supporting the needy. I hope the celebration of this festival further strengthens the spirit of brotherhood, service, and sacrifice. By celebrating Eid Ul Adha in its true spirit, I am confident that peace, harmony, cooperation, compassion, and unity will prevail in our society. I wish you all a very Happy Eid Ul Adha. UNI VV GNK
United News of India
15-05-2025
- Business
- United News of India
Trump asks Apple to not to produce iPhones in India
Doha, May 15 (UNI) Taking a tough stand on trade issues, US President Donald Trump has asked Apple CEO Tim Cook not to manufacture I-Phones in India. "Tim you're my friend, I have treated you very good, I hear you are building all over India. I don't want you building in India. You can build in India if you want to take care of India. We are not interested in you building in India. India can take care of themselves," Trump said after a meeting with US-Qatar business leaders. The statement comes days after India rebuffed the US President's offer of mediation on Kashmir between India and Pakistan in the midst of Operation Sindoor. Significantly the advice to Tim Cook also comes after US and China agreed on reduction of tariffs. President Trump attributed the decision to tariffs imposed by India on US goods and said India is one of the highest tariff nations in the world. Mr Cook had earlier said Apple would produce most of the iPhones for US market in India and would shift part of iPhone production from China to India in the next few years because of high tariff imposed by China. Apple planned to source from India about 60mn iPhones sold annually in the US by the end of next year. However, the US President also announced that India had offered to drop all tariffs on goods imported from US. ''India has offered us a deal where basically they are willing to literally charge us no tariff". UNI RB GNK
