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MUKAND ENGINEERS
A Bajaj JV, one of India's oldest tie-ups, will get unstuck this weekSources close to both families say the separation has been in the works for several months now. Mukand has been languishing for years and b...- Stock market update: 36 stocks hit 52-week highs on NSEOverall, 3 shares were trading in green in Nifty50 index, while 47 were trading in red in the afternoon trade.
- Share market update: VLS Finance, Mukand Engineering among top losers on BSEIn the Nifty pack, 40 stocks were in the green, while 10 stocks were in the red.
- Share market update: Mahindra CIE, McDowell Holdings among top gainers on BSEAmong the 50 components in the Nifty index, 14 shares were trading in the green, while 35 were in the red.
- J&K Bank, RPower among top losers on BSEIn the Nifty pack, 42 stocks were trading in the green, while 7 stocks were in the red.
- Spicejet, Vakrangee among top gainers on BSEAmong the 50 components in the Nifty index, 33 shares were trading in the green, while 15 were in the red.
- Aditya Birla Money, Sterlite Tech among top gainers on BSEAmong the 50 components in the Nifty index, 18 shares were trading in the green, while 32 were in the red.
- Mukand Group to invest Rs 750 crore to boost steel-making capacity in South IndiaThe company plans both greenfield and brownfield expansion; move comes at a time when sector is seeing some consolidation
- Stock market update: Over 30 stocks hit 52-week lows on NSEThe NSE Nifty index was trading 2 points up at 10,691, while the BSE Sensex was down 10 points at 35,156 around 10:30 am.
- Mukand aims to cut debt to Rs 1000 cr post JV with SumitomoThe JV is named Mukand Sumi Special Steel, in which the Japanese trading company has picked up 49% for a consideration of Rs 1,180 crore
- Piramal Enterprises, Dilip Buildcon among stocks that fresh 52-week highPiramal Enterprises hit fresh 52-week high at Rs 2,941.90.
- Mukand's JV with Sumitomo is valued at Rs 2,820 crore; company to own 51%: Rajesh V ShahWe are close to about 2700 crores turnover in our alloy steel business today which we would be transferring to this new JV and in this JV t...
- Japan's Sumitomo partners with Mukand to set up steel rolling mill in KarnatakaThe JV, Mukand Alloy Steel Pvt Ltd (MASPL), will set up a steel rolling mill unit at Hospet in Karnataka with an initial capacity of 3,75,0...
- Mukand Ltd to transfer its special and alloy steel business to Mukand Alloy Steels for Rs 1,590 croreCommenting on the development, Suketu V Shah, joint managing director, Mukand Ltd said, "we want to achieve a sharper focus in each busines...
- Four companies line up rights issue worth Rs 800 croreThe four firms, which had filed their draft documents with Sebi this year, are awaiting market regulator's approval.
- Swing calls that can give sharp returns in firm marketAccording to analysts, the market may have some upside left after the recent sharp fall. However, traders should be cautious as the market ...
- Fall in nickel may bring down steel prices by 7 pcDomestic stainless steel makers including Jindal Stainless, Mukand Steel and Shah Alloys are looking at reducing prices by up to 5-7 per ce...
- Mukand bags Rs 154-crore order from IISCOMukand Ltd has bagged an order of Rs 154 crore for the installation of a universal section mill in IISCO's steel plant in Burnpur.
- Mukand may offer equity stake to Bosch IndiaThe Rahul Bajaj-controlled speciality steel company Mukand is considering making an equity offer to German auto component maker Bosch India.
- Mukand gets speciality steely on MNCsSpeciality steelmaker Mukand, talking to global component makers like Mico Bosch and SKF to increase its marketshare in the automotive stee...
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