Ankit Miglani, Director, Uttam Galva says the deal will reduce the manufacturing cost of hot-rolled coils.
Posts tagged MC
Call drops: No coercive action until Jan 6, says TRAI (22-12-2015)
The Delhi High Court has posted the matter for further hearing on January 6, 2016.
May win order worth Rs 100cr from Power Grid: Diamond Power (22-12-2015)
Amit Bhatnagar, MD of Diamond Power Infrastructure Limited says Power Grid contributes 25 percent to total orderbook and 20 percent in the exports.
Aviation cos to gain on subdued crude prices ahead: Dipan (22-12-2015)
Among the recently listed stocks, Dipan Mehta, member, BSE and NSE says Coffee Day is on his radar and he expects the company to perform better going ahead
Glenmark gets USFDA final nod for anti-bacterial drug (22-12-2015)
The product is the therapeutic equivalent of Zyvox tablets, 600 mg of Pharmacia and Upjohn Company, a subsidiary of Pfizer, it added.
Budget 2016: Exempted items in excise list may get shorter (22-12-2015)
The government may bring down the number of exempted items to around 90 goods from current 300, which is closer to the number of items exempted by the state value added tax
Crude yet to bottom; may be in low $40s/bbl in H12016: Citi (22-12-2015)
“No balance is seen yet in supply-demand dynamics. Also, temperate winter in North America and Europe due to El Nino is hitting demand further worsening the balance�, says Chris Main, Commodities Strategy Analyst, Citi
Global worries loom; FIIs to be net sellers in 2016 too: CS (22-12-2015)
In an interview with CNBC-TV18, Mishra says global linkages are the biggest concerns for listed companies. Around 53 percent of the aggregate revenues of the top BSE 100 companies come from outside India, he says
Hope to become a big player in dairy biz: Adi Godrej (22-12-2015)
Creamline Dairy operates in Andhra Pradesh, Tamil Nadu, Karnataka as well as parts of Maharashtra and has a capacity of nearly seven lakh litre of milk processing a day with revenues of Rs 858 crore for the year-ended March, 2015.
HDIL rises 5%; JP Morgan says Kurla land deal to cut debt (22-12-2015)
JP Morgan maintains overweight rating on the stock with a target of Rs 140 per share by March, 2016. The brokerage says that Kurla land sale is likely to accelerate debt reduction.