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SHYAM STEEL INDUSTRIES
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...
Election impact! 6 West Bengal-linked stocks that can benefit from new BJP governmentThe BJP's decisive win in West Bengal signals a potential economic revival, with investors eyeing stocks poised to benefit from pro-growth ...
Ahead of Market: 10 things that will decide stock market action on WednesdayDomestic markets extended gains for a third session, led by financial and FMCG stocks, with Nifty 50 and BSE Sensex rising sharply. Lower v...
India probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order showsIndia's competition watchdog has found 28 steel firms, including Tata Steel, JSW Steel, and SAIL, along with 56 executives, breached antitr...
Former SAIL CMD Chandra Shekhar Verma joins Shyam Metalics as independent directorShyam Metalics and Energy Ltd has appointed former SAIL CMD Chandra Shekhar Verma as its independent director. Verma will join the strategi...
Mamata Banerjee inaugurates Shyam Steel's Rs 1500-cr plant in PuruliaWest Bengal Chief Minister Mamata Banerjee inaugurated Shyam Steel's Rs 1,500-crore integrated plant in Purulia district, marking the compa...
Fundamental Radar: Why is Shyam Metalics a good bet in the ferroalloy space?With a strong emphasis on quality control and an integrated approach to manufacturing, Shyam Metalics has emerged as a powerhouse in the In...
Shyam Metalics to invest Rs 7,500 crore in 4-5 years, forays into stainless steel business"Mittal Corp's acquisition cost is about Rs 450 crore, and we outbid Jindal Stainless, the competitor for the sick asset put under the NCLT...
Shyam Metalics plans to invest Rs 850cr in FY22, ropes in Salman Khan for TMT bar promotionThe company is foraying into manufacturing of aluminium foil for the packaging industry with Rs 300 crore capital expenditure (capex), an o...
Shyam Metalics IPO: Here's what analysts recommendedAt the upper end of the price band of Rs 306, Shyam Metalics is available at of 9.1 times FY21 EV/Ebitda on an annualised basis.
Shyam Metalics IPO opens on Monday: Should you subscribe to the issue?Analysts said the company has consistently outperformed its peers in terms of profitability. They said the majority of the power that Shyam...
Shyam Metalics cuts IPO size; grey market giving it a strong premiumThe price band for the issue has been fixed in the Rs 303-306 range, which was largely in line with the grey market expectations of Rs 303-...
JSW Steel bags Ganua iron ore mine in OdishaThe company previously won two other iron ore mines in Odisha, Nuagaon and Narayanaposhi with a total reserve of 790 MT. Other participants...
IREDA, Shyam Steel get Sebi go ahead for IPOShyam Steel's IPO consists of fresh issue of up to Rs 200 crore and an offer for sale of up to 66.70 lakh shares
Shyam Steel Industries files IPO papers with SebiMarket sources said the IPO size is estimated to be around Rs 500 crore.
Budget 2017: Steel sector remains optimistic"The focus on rural sector is also important as many of our principal industries, like two-wheelers and tractors, are very dependent on the...
Tata Steel, SAIL, others attend 'Iron Ore by Rail' seminar by South Eastern RailwayThe objective of organizing such meetings is to explore the possibilities of increasing railway’s originating freight loading by removing d...
Companies raised $1.35 bn from overseas markets in NovSistema Shyam raised $42.5 mn in two separate tranches for import of capital goods, and Essar Steel raised $60 mn for rupee expenditure, th...
- RBI move to cut repo rate may spur steel industry
The rate cut will make home and auto loans cheaper, and will provide an impetus to these sectors languishing for a while.
- 19 more captive units face CIL ire
The government has decided to take action against companies that have failed to take delivery of the coal reserved for them.