Good Luck India is our stock in focus after its 41 percent upmove since the start of this year. What's got the stock buzzing? In an interview with CNBC-TV18, MC Garg, Chairman of the company discussed about the same.
Good Luck India posted a weak set of first quarter earnings. In an interview to CNBC-TV18, MC Garg, Chairman of the company discussed the details.
In an interview to CNBC-TV18, Ram Agarwal, CEO of Good Luck India said that the proposed manufacturing facility will be of 72,000 metric tonnes per annum (MTPA).
In an interview to CNBC-TV18, Ram Agarwal, CEO at Goodluck India spoke about the latest happenings in his company and sector.
After a disappointing first quarter due to weak exports show, Good Luck Steel Tubes expects export performance to revive with Rs 320 crore of revenue expected from the segment this fiscal, says Chairman and Managing Director MC Garg.
The company reported a flat net profit at Rs 7 crore for the fourth quarter and marginal growth in total income to Rs 236 crore from Rs 235.6 crore quarter-on-quarter. Muted exports weighed on the turnover in the fourth quarter of FY16, said MC Garg, Chairman & Managing Director of Goodluck Steel Tubes.
MC Garg, chairman of Good Luck Steel says the total order book currently stands at Rs 500 crore, of which Rs 250 crore is in the structured division.
As part of their expansion projects, like developing railway crossings and dedicated freight corridor, there is likely to be demand for at least 3 million tonnes of steel fabrication, which will provide good business opportunity for the company, says Ram Agarwal, CEO of GoodLuck Steel Tubes.
In an interview to CNBC-TV18, Ram Agarwal, CEO of Good Luck Steel Tubes spoke about their Q1 numbers.
Good Luck Steel Tube posted healthy Q4 earnings and the company expects to perform better with new capacity, better product mix and new product launches going forward.
Ram Agarwal, CEO, Goodluck Steel Tubes says the company will continue to concentrate on value-added products