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Sensex jumps 170 points, Nifty50 reclaims 7,950The S&P BSE Sensex started on a flat note, but with a positive bias in morning trade on Thursday ahead of F&O expiry, led by gains in Infos...- Ten stocks in focus in Thursday morning tradeThe Indian market is expected to trade in a range. Here is a list of top ten stocks that are likely to be in focus today.
- Prakash Steelage completes JV agreement with Tubacex SA SpainPrakash Steelage had entered into a joint venture (JV) agreement with the Spanish stainless steel maker in February, 2015.
- Prakash Steelage jumps on sale of tube division to Spain's TubacexThe Spanish firm had in February reached an agreement with Prakash to buy a 68% stake in the latter's seamless stainless steel tube division
- Spain's Tubacex completes acquisition of 68% of seamless stainless steel tubes division of Prakash SteelageThe division, which is located close to Mumbai has some 250 employees and has a turnover of 25 million euros.
- Tubacex to infuse about Rs 250 crore in JV with Prakash Steelage: Ashok Seth'Tubacex has good management skills, good technological and financial strength. On the other hand, Prakash Steelage has state-of-the-art ma...
- Prakash Steelage sells stainless tube biz to Spain's TubacexPrakash Steelage has a debt of Rs 340 crore as on December 31. Its interest payments for the quarter were more than double its net profit o...
- Tubacex acquires stake in Prakash Steelage's tube divisionTubacex has reached an agreement with Prakash Steelage Ltd to acquire 68% stake in the Mumbai-based firm's seamless stainless steel.
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