For PSUs, the big leap outwards is being driven by the convergence of three powerful forces with input nationalism the most significant of them
A dedicated provision for 1,100 e-trucks registered in Delhi has been made, with an estimated outlay of Rs 100 crore, aimed at addressing the capital’s serious air quality challenges.
SAIL delivered a strong Q4 with a 393 percent sequential jump in profit, rising margins, and robust volumes
Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 26,090 crore, according to PL Capital.
In India, steel capacity is slated to grow to 330 MT capacity in the next five years (2030) from 180 MT capacity, SAIL chairman said.
'Rising Chinese steel imports, often aided by unfair trade practices, pose a serious challenge to Indian manufacturers,' steel minister HD Kumaraswamy told Reuters
SAIL reported a consolidated net profit of Rs 142 crore for Q3 FY25, marking a fall of nearly 66 percent on-year.
SAIL reported a consolidated net profit of Rs 142 crore for Q3 FY25, marking a fall of nearly 66 percent from the net profit reported in Q3 FY24.
Motilal Oswal recommended Neutral rating on SAIL with a target price of Rs 130 in its research report dated November 08, 2024.
The trend is likely to be in favour of bulls, but the Nifty 50 needs to hold above all key moving averages for a sustainable rally. Below are some trading ideas for the near term.
RITES is a Navratna PSU which provides a wide range of transportation infrastructure and related technology services, from idea to completion.
A financial support of Rs 347 crore will be made available from the government for the pilot projects, which are likely to be commissioned in the next 3 years, the Ministry of New and Renewable Energy said.
Net Sales are expected to decrease by 5.9 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 26,310 crore, according to PL Capital.
The extended property crisis in the world’s second-largest economy negatively impacted metal demand, thus making the recent slew of measures to revive the sector a source of renewed optimism for metal stocks.
'While we await more clarity from the companies on the implications, the interactions with some players suggest no material impact even if they were to pay the entire demand raised,' says Motilal Oswal Financial Services in a report
Consolidated revenue from operations stood at Rs 23,997.8 crore, down 1 percent from the previous year, the state-owned steelmaker said on August 8.
Net Sales are expected to decrease by 0.7 percent Y-o-Y (down 8.8 percent Q-o-Q) to Rs. 24,190 crore, according to Prabhudas Lilladher.