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MONNET ISPAT AND ENERGY
Monnet Ispat agrees to sell stake in Orissa Sponge Iron to Bhushan SteelMonnet Ispat and Energy Ltd has agreed 'in-principle' to sell its stake in Orissa Sponge Iron & Steel to Bhushan Steel Ltd (BSL).
Monnet Ispat in talks to sell part of power armMonnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stake in its power business, Monnet Power Company.
Monnet Ispat shares gain over 8% as arm bags coal blockShares of Monnet Ispat & Energy surged over 8 per cent today after its subsidiary bagged the Utkal C mine in Odisha in the second phase of ...
Monnet Ispat bags Utkal-C coal block; stock rallies over 13%Shares of Monnet Ispat surged in early trade after the company bagged Utkal-C coal block in Odisha following aggressive bidding.
Monnet Ispat shares end over 9% higher on winning coal block"Monnet Ispat, highest bidder at Rs 2,619 (per tonne) for Gare Palma IV/7 (coal mine)," Coal Secretary Anil Swarup had tweeted.
Coal Ministry issues show cause notice to Monnet IspatThe government today issued show cause notice to Monnet Ispat & Energy Ltd for allegedly using coal meant for Raipur sponge iron plant at a...
- Buy Monnet Ispat & Energy Ltd with a target of Rs 153: Ashwani Gujral
"Monnet Ispat & Energy Ltd is a 'BUY' call with a target of Rs 153 and a stop loss of Rs 137."
- Buy Monnet Ispat Energy with a target of Rs 132: Ashwani Gujral
'Monnet Ispat Energy is a 'BUY' call with a target of Rs 132 and a stop loss of Rs 110.'
MoEF defers decision on green nod to Monnet Ispat coal blockA high-level panel in the environment ministry has deferred a decision on granting green approval to Monnet Ispat & Energy Ltd's undergroun...
- Monnet Ispat & Energy Q1 net profit down 23% at Rs 52.5 crore
Monnet Ispat & Energy today reported 23 per cent decline in stand alone net profit at Rs 52.5 crore for the quarter ended June 30 due to a ...
Monnet Q4 net down 36 per cent at Rs 53.04 croreMonnet Ispat and Energy today reported over 36 % decline in standalone net profit at Rs 53.04 crore for the fourth quarter
- Monnet Ispat close to acquiring coking coal mine in Columbia
Monnet Ispat and Energy today said it is in talks to acquire a coking coal mine in Columbia which may cost it anything between $ 50-75 mn.
- Monnet Ispat & Energy off day’s lows
Shares of Monnet Ispat & Energy shed most of the intraday losses on Thursday after sources told ET Now that the co doesn’t have any iron or...
- See good growth in topline & bottomline in FY12: Monnet Ispat
In an interview with ET Now, Ajay Bhatt, CFO, Monnet Ispat and Energy Ltd, gives his views company's future plans and strategies. Excerpts:
- Blackstone buys 7% stake in Monnet Ispat for $50 mn
US-based Blackstone Group has acquired 7.12% equity in Monnet Ispat & Energy for $50 million (about Rs 230 crore).
- Monnet Ispat surges 13 pc to one-month high on stake sale
Monnet Ispat today jumped over 13 per cent in early trade on BSE to a one-month high, a day after US-based Blackstone Group bought a 12.5 p...
- Monnet Ispat Q4 net jumps 44%
The substantial jump in the profit is attributed to better productivity and various cost control measures taken by the company during the q...