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SEVEN REFRACTORIES
Global markets for refractories shrinking, only India, the Middle East offer Growth: RHI Magnesita CEO Stefan BorgasRHI Magnesita, the world's leading refractory producer, sees India as its only growth market. While the global market shrinks, the company ...
RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capexIn an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors ex...
Acquisitions, margin focus put RHI Magnesita India in sweet spotThese developments are positive for the company’s India listed stock, which has gained nearly 30% in the past three months. However, it tra...
Stocks in the news: Archean, Five Star, ONGC, Tata Motors, NMDC and ZomatoArchean Chemicals and Five Star Business Finance will make their Dalal Street debut on Monday after both company's issue aggregating to Rs ...
Tata Steel infuses around Rs 54 crore in TSMLBefore acquisition, Tata Steel held 82,19,17,021 shares in Tata Steel Mining Ltd (TSML) which accounted for 100 per cent. While post acquis...
Wendt India Q4 results: Company clocks standalone PAT of Rs 6 croreThe total income on a standalone basis went upto Rs 42.89 crore from Rs 23.64 crore recorded in the same quarter last financial year.
Dalmia Seven launches new monolithics production line in KatniDalmia Seven is a joint venture between the Dalmia Bharat Group and Seven Refractories of Europe and part of the group's refractory busines...
Ambit’s 30 stocks that it says can deliver 10-bagger returns in 10 yrsBrokerage found only 21 stocks inexpensive, but said, all 30 remain ten-bagger candidates.
TRL Krosaki, Cogent Power to be part of Tata Steel portfolio rejigTata Steel holds 26.62% in TRL Krosaki, earlier called Tata Refractories and located in Belpahar, Odisha, while 51% is held by Krosaki Hari...
Tata Steel works on strategy to raise share of value added steels to 30%The company also said it is planning to add new materials like Graphene, Carbon fibre reinforced polymer and Advanced ceramics that would c...
After Market: Rate hike impact, overbought stocks & Nifty signalsTechnical indicator RSI showed seven stocks have entered the overbought zone.
Mid-Cap Mantra: Capacity push to help IFGL edge past peersIFGL Refractories, India's largest refractory company by revenue and profit, has less than half the market capitalisation of its peers Vesu...
- Bhutan cracks down on Dolomite mining
Bhutan has decided to crack down on illegal mining of dolomite along the Indo-Bhutan border in an attempt to curb pollution of groundwater ...
- Dalmia Cement plans to split biz into four
Dalmia Cement (Bharat) will split its business into four as it seeks to raise funds for various businesses and expand them, said a person f...
We are open to M&As, says Murugappa's VellayanA Vellayan, the new chairman of Murugappa Group, told ET NOW that the group will look at a combination of inorganic and organic means to en...
- IFGL Refractories acquires German co.
Maker of specialised refractories IFGL Refractories announced acquisition of Hofmann Group of Companies through a SPV named IFGL GmbH.
- Anand Rathi’s Quick Pick - Vesuvius India
Anand Rathi Securities has a ‘Buy’ call on Vesuvius India Ltd with a price target of Rs 250-320 against the current price of Rs 221.
- PEs bet big on transport and logistics firms
Despite the policy brouhaha, private equity players are still gung-ho about the transport and logistics industry. The last two months have ...
- IFGL keen to acquire ACC's refractory biz
: Kolkata-based IFGL Refractories says it is interested in acquiring the refractory business of ACC Ltd. Pradeep Bajoria, director and chie...
- Rebates for high fuel cost neutralisation
NEW DELHI: In a bid to neutrialise high fuel costs, the Exim Policy has announced rebate on fuel costs for all export products.