"We are expecting the delivery of our own fleet of two ships during next couple of months. So FY18 we will have the benefit of this ship and the coastal shipping for about three-four months. We should see incremental volumes from Maharashtra and Mumbai market", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
Please find attached the outcome of the Board Meeting of Sanghi Industries Limited held on 24.05.2017.
Please note that the meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 24th May, 2017, inter-alia to consider and approve the Financial Results of the Company for the quarter and financial year ended on 31st March, 2017.
In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries shared her readings and outlook on how FY18 is looking for the cement industry.
L&T | Idea Cellular | ONGC | HPCL | Coal India | Sambhaav Media | Quess Corp | Merck | Assam Company | NHPC | Kohinoor Foods | LT Foods | KRBL | Adani Enterprises | Varun Beverages and BEML are stocks, which are in the news today.
"Post-demonetisation there was a lot of anticipation that offered negative impact on the real estate and cement sector. To derisk ourselves, we had garnered aggressive export orders which helped us maintaining the volumes, topline and cash flows for Q3", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries spoke about the impact of demonetisation on cement and gave her outlook for the company.
According to Mitesh Thacker of miteshthacker.com, one can buy Sanghi Industries, Axis Bank and Natco Pharma.
Sanghi Industries has reported a sales total income from operations of Rs 270.71 crore and a net profit of Rs 23.75 crore for the quarter ended Jun '16
"On the pure cement volume, we have achieved a growth of almost 10 percent from 6,02,000 to 6,63,000, which apparently has helped the margins also", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview with CNBC-TV18, Bina Engineer, Director of Gujarat-based Sanghi Industries, talked about the cement demand situation in the state and whether there is an uptick going into next year's state elections.
Sanghi Industries Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on May 25, 2016, inter alia, to consider and approve the Financial Results of the Company for the quarter and financial year ended on March 31, 2016
Religare is bullish on Sanghi Ind has recommended buy rating on the stock with a target price of Rs 75 in its research report dated April 30, 2016.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Alembic Pharma, Bharti Infratel, Tata Steel, Bhushan Steel, TIL, Sanghi Industries, JK Tyre, MRF, Ceat, NMDC, Aurobindo Pharma, and DLF.
The company through its Structured Investment Group subscribed to non-convertible debentures of Sanghi Industries to the extent of Rs 256.5 crore to enable the company to term out its capital structure and repay its lenders ahead of schedule, Piramal Enterprises had said in a statement.
The company through its Structured Investment Group subscribed to non-convertible debentures of Sanghi Industries to the extent of Rs 256.5 crore, to enable the company to term out its capital structure and repay its lenders ahead of schedule, Piramal Enterprises said in a statement.
NMDC: Government kick starts process to sell 10 percent stake. Government invites bids to appoint bankers for 10 percent stake sale. 10 percent stake valued at over Rs 4,000 crore at CMP.
Stocks in news: Tata Steel | Sanghi Industries | Bhushan Steel | Dewan Housing | PFC | Dhanlaxmi Bank | SKS Micro and Dishman Pharma are stocks, which are in news today.
Some of the stocks that should be on your radar are Bharti Airtel, Sun Pharma, Infosys, Tata Steel.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18 expressed his positive view on sectors like real estate sector covering companies like HDIL and DLF and cautious approach on companies in the metals space like Hindalco.
Cement demand and prices, which have seen an uptick, will sustain at current levels in coming quarters, says Bina Engineer, Director of Sanghi Industries.
"Sanghi has successfully exited from corporate debt restructuring mechanism after making repayment of all dues to CDR lenders ahead of schedule," says the Telengana-based clinker and cement manufacturer in its filing on April 1.
Sheth is bullish on Infosys, saying the stock is in a bull market of its own, led by strong leadership. He feels with a steady improvement in quarterly earnings, the stock's valuation can increase from 16 times forward earnings to 20 times forward earnings.