Bhushan Steel
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May 20, 2012 at 01:31 | Source: Business Standard
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Bhushan Steel (BSL) in the concall to discuss Q4FY12 results highlighted: (a) commissioning of Phase III is on track for completion in Q3FY13; (b) volume guidance of 2.7‐2.8mt in FY13 (our assumption 2.1mt) on back of strong demand from auto ...
May 22, 2012 at 17:19 | Source: equitybulls.com
For 4QFY2012, Bhushan Steel (BSL) reported 44.3% yoy growth in its top line; however, its net profit grew by only 14.9% yoy due to higher depreciation and interest costs. We recommend Neutral on the stock. Robust top-line growth due to increased volumes ...
May 21, 2012 at 17:56 | Source: equitybulls.com
Bhushan Steel’s Ebitda for the fourth quarter of FY12 came at Rs 900 crore, which was higher than estimates of Rs 780 crore on higher volumes. Fourth quarter of FY12 adjusted PAT increased 20 per cent QoQ (29 per cent year on year) to Rs 330 crore higher ...
May 16, 2012 at 07:46 | Source: moneyguruindia.com
Bhushan Steel reported 15% growth in net profit at INR 330 crore for the quarter ended March 31, 2012 against INR 288 crore in the same quarter last fiscal. The company Board, which met to approve the results, also gave a go ahead for a fund raising plan ...
May 14, 2012 at 03:52 | Source: SteelGuru
South Korean steel maker Posco’s Rs 30,000 crore project in Karnataka’s Gadag district is stuck because of farmer protests over land acquisition. For Bhushan Steel and Strips Ltd, land acquisition in Bellary district was halted because of the proposed ...
May 23, 2012 at 18:15 | Source: Livemint.com
Outotec has been selected by the Indian Bhushan Power & Steel Limited to design and deliver technology for a new iron ore sintering plant to be built in Rengali in the state of Orissa. The contract value is approximately EUR 20 million. The scope of ...
May 15, 2012 at 04:12 | Source: SteelGuru
JSW Steel, Bhushan Steel, NMDC and KIOCL among others are likely to be allotted captive iron ore mines in the iron ore-rich Bellary district of Karnataka as the state government has taken another step in this direction, a top government official said.
May 28, 2012 at 06:49 | Source: Business Standard
At the same time, FMCG stocks are witnessing a wee bit of selling pressure. From the metals pack, Sterlite Industries, Coal India, Sesa Goa, Jindal Steel and Bhushan Steel are among the top gainers, up 1-2% each. The broader markets have opened on a listless note.
May 14, 2012 at 03:59 | Source: Business Standard
The fundraising would be done in one or more tranches. (IFR) * Bhushan Steel has also received the green light from its board to raise funds of up to $1 billion. The company already has a $250 million multi-tranche loan in syndication in the market.
May 16, 2012 at 02:52 | Source: Reuters UK
Her stand on special economic zones is now threatening to add Infosys and Wipro's proposed campuses in Bengal to an already significant list of scrapped or uncertain projects that includes the Tata Nano car factory at Singur, Bhushan Steel project ...
May 20, 2012 at 11:02 | Source: Mynews India