Jindal Steel & Power reports 25 per cent steel sales growth in July 2020 Jindal Steel & Power reports 25 per cent steel sales growth in July 2020 Amir Shaikh / Tuesday, August 4, 2020 0 1446 Article rating: 4.5 JSPL’s consolidated steel sales during July 2020 soared 25 per cent to 7,62,000 tonnes from 6,11,000 tonnes sales in the same period last year Read more
Welspun Corp receives order worth Rs 1,000 crore; stock soars 5 per cent Welspun Corp receives order worth Rs 1,000 crore; stock soars 5 per cent Amir Shaikh / Monday, August 3, 2020 0 2890 Article rating: 4.4 With these orders, the company’s order book as on June 2020, stood at 759 KMT valued at almost Rs 6,200 crore. These order books translate into book-to-bill of 0.62x on TTM revenue, giving healthy revenue visibility in the near term Read more
Company promoters increasing stake consistently in last 4 quarters Company promoters increasing stake consistently in last 4 quarters Amir Shaikh / Monday, August 3, 2020 0 13365 Article rating: 3.4 Generally, the promoters or promoter groups are the ones who have major control over the company and may also hold senior executive positions. As a result, they are in a better position to understand the company’s day-to-day performance and future outlook Read more
Polycab to expand its international presence Polycab to expand its international presence Amir Shaikh / Monday, August 3, 2020 1 2439 Article rating: 4.3 Polycab India is planning to expand its presence in the international markets, where dependence on Chinese imports is higher. The company is targeting markets like the US, Australia, Europe, and Africa, among others Read more
Assets under management of NBFC to fall first time in two decades: CRISIL Assets under management of NBFC to fall first time in two decades: CRISIL Amir Shaikh / Thursday, July 30, 2020 0 1865 Article rating: 5.0 CRISIL on Wednesday released a report on the assets under management (AUM) of non-banking financial companies (NBFCs), in which, it expects the AUM of these NBFCs to dip 1-3 per cent in FY21E Read more