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TMT BAR PROMOTION
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...- VMS TMT shares list at 6% premium over IPO price on boursesVMS TMT, a Gujarat-based steel company, has entered the stock market. The shares listed above the IPO price. The IPO saw significant subscr...
- After over 100 times subscription, VMS TMT IPO allotment expected soon: Here’s how to check statusVMS TMT is finalizing its share allotment today for its Rs 148.5 crore IPO, which saw an overwhelming subscription of over 102 times. Retai...
- Steel safeguard duty to hike infra costs, hurt MSMEsThe steel safeguard duty is set to increase infrastructure costs. Construction projects may become more expensive. Micro, small, and medium...
- Radha Smelters receives NCLT’s nod to acquire GVK Gautami PowerNCLT has approved Radha Smelters Pvt Ltd's resolution plan to acquire GVK Gautami Power Ltd for around Rs 207 crore, resolving Rs 2,759 cro...
- VMS TMT files DRHP with SEBI for fundraising via IPOVMS TMT filed draft prospectus for IPO to raise funds for solar power plant, working capital, debt repayment, and general corporate purpose...
- Fake courier service: How a gang duped thousands and also sold data to other cyber criminalsPolice in Bihar made a significant breakthrough by apprehending the mastermind, Sourav Kumar, behind a massive scam that defrauded over a t...
- Up 700% in 6 months! Multibagger stock to trade ex-split, ex-bonus this weekBonus shares are fully paid additional shares issued by a company to its existing shareholders. When a firm issues bonus shares, its shareh...
- Steel prices likely to fall by up to 15% in domestic market: EEPCReacting to the government's move to levy export duty on some steel items, EEPC India Chairman Mahesh Desai said engineering goods manufact...
- OfBusiness seeks CCI nod to acquire steel maker SMW IspatOfBusiness said in its application that the deal does not lead to any competition concerns irrespective of the manner in which the markets ...
- 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...
- Construction steel maker Micky Metals holds back expansion project due to 'high' power costThe power cost in areas under the West Bengal State Electricity Distribution Company Ltd (WBSEDCL) is "nearly double of what is levied in l...
- Neelachal Ispat to launch TMT bars soonThe MMTC and Odisha government-promoted steel public sector undertaking is the country’s largest producer of pig iron.
- Quantity of Kamdhenu products has increased substantially: Satish Kumar Agarwal"The equity for the promoter is 69.6% and post dilution the equity is 63% approximately," Satish Kumar Agarwal said.
- Aim to emerge as most-preferred brand in steel bar segment: Sunil Kumar Agarwal, Kay2 SteelAlthough Kay2 Steel is the youngest manufacturer of TMT bars in India, it is an amalgamation of experience, innovation and quality.
- Bokaro plant ready for commissioning; will auger well for ESL in futureCommissioning of plant at Bokaro and reduction in cost of production due to captive capacities, going ahead, will auger well for Electroste...
- SAIL, Supreme Alloys JV starts work at 1.5 lakh ton mill in UPSteel maker Supreme Alloys (SAL) today said work has commenced on its proposed 1.5 lakh tonne steel plant, being jointly set up with Steel ...
- Sangam group to foray into steel biz through new subsidiarySangam Group on Wednesday announced its foray into steel business and will set up an integrated steel plant near Wardha in Maharashtra.
- Rathi Bars to raise Rs 25 cr through IPOTMT steel bars maker Rathi Bars Ltd will raise Rs 5 crore through an initial public offer to part fund its expansion plans which include in...
- Southern Ispat to set up Kerala plantSpecialised steelmaker Southern Ispat Ltd said on Monday that it will invest Rs 500 crore for setting up an integrated steel plant in Keral...
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