In an interview to CNBC-TV18, Sandeep Kumar, MD of Tata Metaliks spoke about the latest happenings in the company and the sector.
Tata Metaliks is a stock in focus with the stock up 20 percent odd this month alone. In an interview to CNBC-TV18, Sandeep Kumar, MD of Tata Metaliks spoke about the latest happenings in the company and his outlook going ahead.
Tata Metaliks has amalgamated Tata Metaliks DI Pipes with itself. Last month Calcutta High Court had approved the scheme of amalgamation. Speaking to CNBC-TV18, Sanjiv Paul, company's chief said the DI Pipe merger will benefit the bottom line and also result in operational and taxation benefits.
Merger with Tata Steel fell through due to inordinate delays, says Tata Metaliks Managing Director Sanjiv Paul. He hopes that the application for merger with its subsidiary Tata Metaliks DI Pipes will get approval soon.
Sanjiv Paul, Managing Director at Tata Metaliks said, the company hopes that the spreads, that have narrowed down significantly, remain steady if not improve in the coming quarters
"Private investment comes when you have infrastructure development," Mitra says in an interview to CNBC-TV18, adding that capital expenditure has risen more than six-fold to Rs 13,325 crore since the time Trinamool Congress came to power in 2011
In an interview to CNBC-TV18, Mitra discussed a whole host of issues: the state's economy, policy and well as the TMC government's stand on contentious issues such as the land bill.