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DUCTILE IRON PIPELINES
Evonith Steel to raise Rs 500 crore from PE firms ahead of public issueEvonith Steel, a Maharashtra-based flat steel producer, is seeking to raise Rs 500 crore from private equity and family offices in South As...- Old, damaged water pipelines in Bawana to be replaced: Delhi ministerDelhi's Social Welfare Minister Ravinder Indraj Singh announced the replacement of old and damaged water pipelines in Bawana to ensure clea...
- China's rare-earth origin story, explainedChina's focus on rare-earth metals began under Mao, but Deng Xiaoping prioritized improving steel quality by utilizing these resources. Fan...
- Little talked about, but not little businesses: 5 stocks of raw material suppliers to key industries, with an upside potential of up to 56%Steel companies hit the headlines because of what happens to commodity prices or in China. But companies supplying consumables like refract...
- Amidst volatility: Be contrarian or sit it out? 6 mid-caps from different sectors with an upside potential of up to 36%At a time when mid-cap indices are the biggest losers and market breadth is negative in the segment, looking at mid-caps may seem like a wr...
- For long-term investors: 5 mid-cap stocks from different sectors with an upside potential of up to 51%It is a fact that mid-cap indices have underperformed the broader market indices in the last two sessions. But the fact is also that, over ...
- Welspun Corp gets Rs 1,300 cr pipe supply order in USWelspun Corp Ltd (WCL) has secured two orders in the US worth Rs 1,300 crore to supply specialised pipes for natural gas pipeline projects....
- Volatility has many shades: 5 mid-cap stocks from different sectors with an upside potential of up to 42%After a relentless rally, every segment of the market is witnessing a correction. In the case of mid-cap stocks, one could call it many thi...
- Fundamental Radar: What makes Electrosteel Castings a play in industrial pipes space? Narendra Solanki explainsElectrosteel Castings’ customers are spread across various sectors and geographies and caters to them through its subsidiaries across Europ...
- Welspun Corp bags orders for more than Rs 6,000 crore to be executed through Q3 and Q4 of FY21The company has planned an expenditure of Rs 1,200 crore on a ductile iron pipe-making capacity, which involves setting up a 400 KMTPA of s...
- Q4 should be good for Tata Metaliks but poll uncertainty remains: Sandeep Kumar, Tata MetaliksQ4 is the best quarter but all the headwinds that we are facing currently, could be a drag, says Kumar.
- Tata Metaliks Q3 profit dips 1.8% YoY to Rs 40 croreTML recorded a turnover of Rs 546 crore in December quarter.
- Electrosteel Castings reports 86% rise in profit for June quarterThe EBITDA margins for the period showed improvement on account of reduction in material cost and increased operational efficiencies.
- Jindal Saw expects orders up to $300 mn in January-MarchSteel pipe maker Jindal Saw India expects orders worth up to USD 300 million (about Rs 1,985 crore) in the last quarter this fiscal.
- Larsen & Toubro wins orders worth Rs 1,960 croreThe company's construction arm has secured these contracts in different businesses including water and effluent treatment projects.
- Larsen & Toubro wins order for Rs 1,489 crore water supply projectLarsen & Toubro said it has won a turnkey order for Rs 1,489 crore water supply project from Public Health Engineering Department, Ajmer.
- Delhi Jal Board ordered to stop using metal pipesA trial court has directed it to stop using metallic pipes saying they are prone to corrosion and can have serious health hazards.
- Expect margins to improve going forward: Indresh Batra, Jindal Saw"There was large overcapacity which got created in the last 2 to 3 years, which impacted our pricing power," says Batra.
- Saint Gobain in talks to acquire Electrotherm India's pipe division to tap fast-growing water distribution segmentThe estimated valuation of Electrotherm's pipe division, which has an annual capacity of about 200,000 tonnes, is likely to be nearly Rs 30...
- Jindal Saw Q2 net up 49 pc at Rs 70 crPipe manufacturer Jindal Saw on Saturday posted 49.05 per cent increase in net profit at Rs 70.25 crore for the quarter ended March 31, as ...
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