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May 21 (Reuters) - State-owned Indian steelmaker Rashtriya Ispat Nigam Ltd has filed a draft prospectus for an initial public offer, involving a 10 percent stake sale by the government. The company, which is more than doubling its steelmaking ...
May 21, 2012 at 08:23 | Source: Reuters
Motilal Oswal has maintained neutral rating on Monnet Ispat witrh a target of Rs 518, in its May 16, 2012 research report. “Monnet Ispat’s 4QFY12 adjusted PAT increased 14% QoQ to INR831m (up 9% YoY) in line with our estimate of INR880m.
May 26, 2012 at 06:51 | Source: MoneyControl.com
JSW Ispat, a company bought and rechristened by the JSW Group in December 2010, is expected to continue in the red till gas availability issues are sorted out. Sajjan Jindal, vice chairman and managing director of the group, recently admitted that the ...
May 21, 2012 at 03:08 | Source: Daily News and Analysis
New Delhi – Rashtriya Ispat Nigam Ltd.’s board has approved a plan for an initial public offering of a 10% stake in the state-run company, two senior officials said Thursday. The steelmaker will likely file a draft prospectus for the share ...
May 17, 2012 at 05:57 | Source: Wall Street Journal
Leading sponge iron manufacturer Monnet Ispat and Energy Ltd said that it has appointed former Coal India chief Mr NK Jha as Chief Executive Officer for its mining business operations. Mr Jha who has expertise in mining technology and knowledge of world's ...
May 23, 2012 at 04:24 | Source: SteelGuru
The Board of Directors of Godawari Power and Ispat Ltd at its meeting held on May 22, 2012, have decided to issue and allot 50,00,000 equity warrants convertible into 50.00,000 equity shares of Rs. 10/- each on preferential basis to the promoters and/or ...
May 23, 2012 at 06:55 | Source: equitybulls.com
Leading sponge iron manufacturer Monnet Ispat and Energy Ltd today said it has appointed former Coal India chief N K Jha as Chief Executive Officer for its mining business operations. Jha, who has expertise in mining technology and knowledge of world's ...
May 21, 2012 at 14:28 | Source: Business Standard
Mumbai: State-owned steelmaker Rashtriya Ispat Nigam Ltd has filed a draft prospectus for an initial public offer, involving a 10% stake sale by the government. The company, which is more than doubling its steelmaking capacity to 6.3 million tonnes a year ...
May 21, 2012 at 09:06 | Source: Livemint.com
CRISIL Research has come out with its report on Monnet Ispat & Energy. The research firm has maintained the fundamental grade of 4/5 to the company in its May 18, 2012 report. Monnet Ispat & Energy Ltd’s (Monnet’s) Q4FY12 earnings were in ...
May 21, 2012 at 13:16 | Source: MoneyControl.com
Godawari Power & Ispat (GPIL) reported much better operational performance than our expectations with net sales at ~Rs6.6bn, up by ~53% YoY and ~37% QoQ on account of higher volumes across products in the steel segment. EBITDA stood at Rs972mn ...
May 25, 2012 at 15:13 | Source: equitybulls.com