BUSINESS
Maithan Alloys: Upcycle in steel to drive earnings of this low-cost producer
Despite the business being working-capital intensive, its debt-to-equity has remained at an average of 0.7 times and interest coverage at 7 times over the last 15 years.
BUSINESS
Why NLC India’s offer for sale could be worth considering
The OFS is worth participating in light of the attractive valuations it is offering. Interestingly, retail investors will be allotted shares at 3.5 percent discount or at Rs 90.7 per share as against the offer price of Rs 94 a share.
BUSINESS
Road sector in focus: How to play the theme
The road sector continues to remain a promising theme within construction for the long-term. This is particularly so in the light of government's renewed focus on roads and consolidation in the sector that will allow serious players to reap dividends.
