Mukand stock has been buzzing around. The company produces both alloy steel as well as stainless steel. In an interview to CNBC-TV18, Rajesh V Shah, Co-Chairman & MD of Mukand spoke about the latest happenings in the company and his outlook going ahead.

Demand expected to come from automotive segment: Mukand

The steel manufacturer reported a net profit of Rs 10.3 crore as against a loss of Rs 5.7 crore year-on-year (Y-o-Y) while its total income fell 0.6 percent to Rs 677.6 crore. Operating margins improved to 14 percent in the first quarter.

Look to sell non-core assets to settle debt: Mukand

In an interview with CNBC-TV18, Rajesh V Shah, Co-Chairman and MD of Mukand said the company is receiving good demand from the automotive sector which is reflected in this quarter.

Will double capacity in next 4 yrs: Mukand

About 1.9 percent Mukand shares traded in a block deal on the Bombay Stock Exchange on Thursday. Speaking to CNBC-TV18, Rajesh V Shah, Co-Chairman & Managing Director, Mukand says the deal was entirely just internal promoter transfer of shares.

Mukand exits from CDR mechanism

In an interview to CNBC-TV18, Rajesh Shah, co-chairman & managing director, Mukund says the panel has approved the company‘s exit from corporate debt restructuring plan.

New subsidiary created to focus on alloy steel biz: Mukand

The new subsidiary of alloy steel business would focus on enlarging the business and making it global, said Rajesh Shah, Co-Chairman & MD, Mukand Ltd.

Eye strategic partnership for alloy biz capex : Mukand

Rajesh Shah, co chairman and managing director, Mukand Limited says the company may bring in a strategic partner in the future for expansion. He further adds that no new money has come in.