DSIJ Mindshare

Steel Exchange India welcomes revision of import and export duties

Government of India announced the reduction of import duties on coking coal (high energy coal), coke and semicoke.

Vishwajeet Bhandigare 0 621 Article rating: 4.8

In a series of steps taken by the government of India, it announced the levy of Export Duty on Pellets Nil to 45 per cent and increased the duty on Iron Ore lumps from 30 per cent to 58 per cent. Also, an Export Duty of 15 per cent was announced on export of Pig Iron.

Intraday spotlight: Welspun Corp hits 20 per cent upper circuit with a single largest order win in its history

Company is a leading gainer in the A group

Vishwajeet Bhandigare 0 483 Article rating: 3.3

Welspun Corp Ltd, engaged in manufacturing steel pipes, has jumped by over 20 per cent to hit the upper circuit and create a fresh 52-week high, from its previous close of Rs 208.75. The stock opened at Rs 09.60 and has made its day high of Rs 250.50, where the trading in stock is halted and which is also its fresh 52-week high. It was today’s top gainer from the A group.

IPO Analysis: eMudhra Ltd

Vishwajeet Bhandigare 0 3088 Article rating: 4.1

The company is a licensed certifying authority that issues certificates to individuals and institutions from digital signature certificates for ITR filings, banking, etc. to enterprise solutions which include digital security, paperless transformation and others. 

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