In an interview with CNBC-TV18, Prabir Ghosh, Wholetime Director CFO of McNally Bharat said the new project will help in attaining 8-9 percent margin growth in FY16.
Posts tagged MC
New order in Oman to add 10-15% to revenue: McNally Bharat (15-10-2015)
15 stalled road projects eligible for one time funds: NHAI (15-10-2015)
The Cabinet Committee on Economic Affairs Wednesday had said stalled projects where 50 percent of the work was completed by November 2014 would be eligible for one time financial assistance for completion.
Tata Motors up 8% on JLR Sep sales, Macquarie says top pick (15-10-2015)
After September sales data, Macquarie says it remains bullish on the stock with a target price of Rs 640. “Tata Motors is a top pick in Indian auto sector and is a Macquarie Marquee buy idea.”
Tata Motors up 5% on JLR Sep sales, Macquarie says top pick (15-10-2015)
After September sales data, Macquarie says it remains bullish on the stock with a target price of Rs 640. “Tata Motors is a top pick in Indian auto sector and is a Macquarie Marquee buy idea.”
Market poised to break out; put on this trade: Analyst (15-10-2015)
The recent resistance witnessed by the market could be the result of profit taking from traders who expect some resistance at the 8,250-8,280 levels but the bias in the October series remains on the upside, says Vineet Bhatnagar, MD of PhillipCapital.
Punj Lloyd gains 7%, bags EPCC contract of Rs 367cr (15-10-2015)
With this contract, the group’s order backlog stands at Rs 21833 crore. The order backlog is the value of unexecuted orders on June 30, 2015 plus new orders received after that date.
Australia clears way for Adani’s $7 bn coal and rail proj (15-10-2015)
The decision by Environment Minister Greg Hunt opens the way for Adani to proceed with the AD10 billion (USD 7 billion) project in the undeveloped Galilee Basin that promises to generate billions of dollars in export revenue for Australia.
Rupee to gain near-term; 64.4/$ level key: ANZ Research (15-10-2015)
The dollar weakness was on account on some weakness in the US data and some comments from Fed officials that rate hike might not come in this year, said Khoon Goh, ANZ Research.
Fed rate hike could have greater global repercussions: ECB (15-10-2015)
A Fed hike would have a bigger impact because emerging markets, particularly China, are now integrated in the global economy to an unprecedented degree, countries are more interlinked in production, cross-border capital flows have increased, and forward guidance has become a crucial monetary policy instrument, Constancio said on Thursday.
Gold near 3 1/2 month high on bets Fed to delay rate hike (15-10-2015)
Spot gold was little changed at USD 1,185 an ounce by 0022 GMT following a four-day rally. The metal climbed to USD 1,190 on Tuesday, its highest since June 22.