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DUCTILE IRON PLANT
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
Missed Vedanta's buy 1 get 4 offer? Which spun-off stock to buy after listing todayVedanta’s four demerged entities debuted on exchanges, with brokerages highlighting aluminium as the most attractive segment. Analysts cite...
Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expectFour Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to de...
Fundamental Radar: What makes Electrosteel Castings a play in industrial pipes space? Narendra Solanki explainsElectrosteel Castings’ customers are spread across various sectors and geographies and caters to them through its subsidiaries across Europ...
Morgan Stanley picks stake in this Tata group companyTata Metaliks will release its third quarter results later in the day. In the previous quarter, revenues increased by 36% over Q2FY22, larg...
Tata Metaliks climbs 7% as firm begins expansion of DI pipe plantThe Rs 600 crore expansion project will take the company’s Ductile Iron Pipe plant capacity to over 4 lakh tonnes per annum in two phases.T...
Tata Metaliks plunges 8% after poor set of numbers in Q1The producer of pig iron and ductile iron pipes reported a sharp fall in net profit to Rs 1.22 crore during the June quarter, mainly on acc...
Jai Balaji Industries: Back from brink of bankruptcy, but can it be a revival bet?After becoming a 1MTPA company from being a 1 lakh tonne firm in 42 months, Jai Balaji became more ambitious. It embarked upon a plan to se...
Tata Metaliks Q1 results: Reports net loss of Rs 12 crIts total income during April-June 2020 declined significantly to Rs 210.99 crore, against Rs 503.43 crore in the year-ago period.
Srikalahasthi Pipes raises Rs 250 crore via QIP
Tata Metaliks net profit rises 25 per cent in Q1TML also announced the start of higher production of 200,000 tonnes per annum (tpa) of Ductile Iron (DI) pipes at Kharagpur.
Tata Metaliks DI Pipes gets environmental nod for expasnion at West Bengal plantTata Metaliks DI Pipes has got environmental clearance for capacity expansion of its ductile iron pipe plant in West Bengal from 1,10,000 T...
Tata Metaliks gets green nod for Rs 350 crore expansion projectTata Metaliks DI Pipes has got environmental clearance for production capacity expansion of its ductile iron pipe plant in WB from 1,10,000...
Goa IPB grants approval to Vedanta's expansion proposalsThe company had put up a proposal for enhancement of its pig iron, coke, sinter and power plant at Navelim village, about 30 km from Panaji.
Lanco industries to invest Rs 325 crore in capacity additionThe investment includes increase in capacity of the mini blast furnace from 250 to 280 cubic metre and other supporting facilities.
- Expect next two quarters to be strong for us: Indresh Batra, Jindal Saw
"If one does not take these exceptional items, our PAT was closer to 200, probably 130-140 crore."
- Rashmi Group To Invest Rs 1,000 cr in Odisha, Madhya Pradesh
Rashmi Group has lined up Rs 1000 crore worth of investment in Odisha and Madhya Pradesh.
- Electrosteel Steels fixes IPO price band at Rs 10-11 per share
Electrosteel Steels Ltd (ESL) promoted by Electrosteel Castings Ltd has fixed price band of Rs 10 and Rs 11 per equity share for its initia...