Aftermath of coal block cancellation: Metal companies' profit may dip on higher coal importsIndia’s coal import bill could shoot up to $22 billion in 2015-16 thanks to this, according to top rating agencies and equity research firm...
Metal companies' with operational coal blocks likely to see dip in profitsIndia’s coal import bill could shoot up to $22 billion in 2015-16 thanks to this, according to top rating agencies and equity research firm...
- Analysts expect Hindalco to continue to rally in short term
Activity picked-up in the stock following sharp increase in copper price on the London Metal Exchange.
- Top frontline gainers in Nifty rally from 6,000 to 6,100
Nifty extended gains for fourth consecutive week and closed near 2-year high of 6,111 on the back of inflows from foreign institutional inv...
Tata, Hindalco & Hindustan Zinc remain our top three picks: Prasad Baji, Edelweiss SecuritiesOn Tata Steel, the positive is that their three million tonne expansion in Jamshedpur is complete and in the March quarter they have been a...
- Buy JSW with a target of 976: Prasad Baji, Edelweiss Securities
Buy JSW with the target price from a one-year perspective of 976.
Coalgate may further delay mining approvals: Report"We are concerned about further delays in mining approvals due to policy freeze and/or imposition of conditions which could dilute returns ...
- Still positive on Coal India: Prasad Baji, Edelweiss Securities
Coal India has agreed to pay penalties of 1.5%-40%, depending on the extent to which it fails to supply the committed quantity of coal to p...
- Gobal outlook for metals remains weak for next 6 months: Prasad Baji, Edelweiss Securities
In an interview with ET Now, Prasad Baji, Sr. VP, Edelweiss Securities, speaks about global and Indian markets as well as the metal sector....
- JSW Steel may shut its Karnataka Vijaynagar unit; stock down 3%
JSW Steel may have to shut down its Karnataka Vijaynagar unit if iron ore supplies don’t improve in near future, ET Now reports today.
- Australia’s carbon tax may not impact imported coal cost: Edelweiss Securities
In an interview with ET Now, Prasad Baji, Sr. Vice President, Institutional Equities-Research, Edelweiss Securities, shares his outlook on ...
- Stemcor may call off Ispat deal
Global steel trader Stemcor, which had signed an agreement to buy 10% equity stake in Ispat Industries, is not likely to go ahead with the ...
- Coal India may find it tough to hold on to gains
The very success of CIL IPO may weigh on it. Many say that gains may trigger a sell-off among speculators who borrowed money for bids, capp...
- Analysts' take on Coal India
An investor should look at Coal India more as a long-term holding rather than just a flip strategy says Gopal Ritolia, Research Analyst, II...
- Book profits for 75% holding in Coal India: Prasad Baji
"Based on a risk appetite, may be you can sell everything but the reason for keeping a 25% is just to play the potential upsides."
We are positive on Coal India IPO: Prasad Baji, EdelweissUtility companies are at around 16 times earnings FY12 so there is a discount there and therefore its attractive.
- Tata Steel, JSW, Hindalco top picks in steel: Edelweiss
Prasad Baji, Senior Vice President, Edelweiss spoke to ET Now on his views on steel.