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REFRACTORY PRODUCTS
RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 crRHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment ...
- Sugar stocks: Short-term pain is real; has the long-term case broken? 7 stocks from the sugar-ethanol ecosystemThough this year's ethanol tender leaves sugar out, the long-term blending roadmap still points to rising ethanol use. The move is aimed at...
- The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
- Hindalco calls off AluChem acquisition amid prolonged closing delaysHindalco Industries Ltd has decided to terminate its USD 125 million acquisition of AluChem Companies Inc. The cancellation follows extende...
- RHI Magnesita block deal: Dalmia Bharat refractories divests 11.11% stake for Rs 826 crore; SBI MF, Bandhan MF among buyersDalmia Bharat Refractories sold 2.29 crore RHI Magnesita India shares, or 11.11% of equity, through a Rs 826 crore block deal at Rs 360 api...
- For investors who know and accept that bears can roam the street longer: 5 mid-cap stocks with upside potential of up to 29%It is when the market displays the kind of sentiment it is doing now that most investors develop a strong desire to just get out. That’s qu...
- Monolithisch India bags quartzite stone block in Bihar for Rs 157 croreMonolithisch India has made a landmark purchase of a quartzite stone block for Rs 157 crore, marking a pivotal move towards enhancing its r...
- Little talked but not little business: 7 stocks of companies which supply raw material to many industries with an upside potential of up to 40%As one after another more sectors get tailwinds of higher economic growth, there are many small and medium size companies making a comeback...
- Centre aims at covering refractories in PLI 2.0 to support 300 MT steel capacity target by 2030India's Ministry of Steel is in talks with the refractory industry to boost domestic production and reduce the country's dependence on impo...
- SAIL to increase usage of domestically produced refractory productsRefractories are essential materials used by the steel industry in the internal linings of blast furnaces and converters used for steel mak...
- Budget 2019: Indian Refractory Makers Association urges government for a complete removal of import dutyThe proposed move will be in sync with the Government’s Make in India plans and also help create a large number of jobs to the skilled and ...
- 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...
- IIT-BHU IRMA Centre of Excellence in Refractories at the Indian Institute of Technology signs a MoUThis is a critical move at a time when passage of two important policies by the steel ministry -- National Steel Policy 2017 .
- India's refractory industry pins hopes on mining policy to help reduce dependence on Chinese raw materialsIndia is currently dependent on China for import of key refractory products. The latter are a critical input in all high-temperature proces...
- Orient Refractories surges 18% after news of mergerIts shares ended at Rs 231.85, up 10.85 per cent, on the BSE, after gaining to as much as Rs 248.15 intraday.
- Indian Refractory Makers Association to set up Centre of Excellence in Refractories at IIT-BHUThe Centre of Excellence will play a decisive role in addressing the industry's key concerns, namely identification and sourcing of raw mat...
- Steel debt load weighs on refractory industryThis comes on top of an average 40 per cent hike in cost of raw material in last nine months almost half of which is imported from China.
- China’s crackdown on polluting factories hits India’s imports of refractory materialPollution control measures in China have intensified since the beginning of May, with Beijing shutting down most bauxite mines in Shanxi an...
- IFGL aims at fresh acquisitions to power growthIFGL, a manufacturer of refractory products is looking at fresh acquisitions to power its growth in the global market.
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