Merger of GIL with CNIL will definitely enhance the shareholders value. Because I foresee after merger / amalgamation leading to enhancement of future business potential, cost reduction and efficiency, productivity gains. It will be helpful in economics of scale and rationalisation of business
about 1 hr 48 min 46 sec ago
my position is not different from yu , they are into annual servicing business of plants and machinery and also licencee to sell some related products imported from leading foreign companies ,hope to get more orders in future because of economic revival in sight.
12.44 PM Apr 22nd
Trump has initiated a probe into cheap Chinese Steel imports, US steel prices have gone up after the news yesterday. Asian steel stock prices have gone up too. (Source Economic Times Saturday) So on Monday we can see some up move in the steel stocks in India too. Positive for SAIL.
11.36 AM Apr 22nd
Why is French election important? France is the second-largest economy in the euro zone and one of the seven biggest across the world. Its president holds enough powers to influence the country`s economic and political path. Furthermore, this election takes place at a time when the French people
8.41 PM Apr 21st
, there can be consolidation in the sector or domestic companies per se but improving domestic economic consumption and the government policies to support the domestic metal companies should be supportive of the domestic stocks. So there could be consolidation but I do not think it is time to exit
6.39 PM Apr 21st