Company Overview and News
Listing and trading of the under mentioned security has been cancelled with effect from 26th June 2017.
Listed companies have shrugged off the effect of demonetisation in the third quarter ended December 2016.
Ensure that your correct email id and mobile has been registered with moneycontrol. If not, please update your profile and secure the account now. Updating your email id and mobile number offers following benefits:
Speaking to CNBC-TV18, he said raw material costs like coking coal, iron ore have surged from 2016 lows.
Iron ore and coking coal have been seeing a lot of cost escalation recently. Kalyani Steels, which has not benefited from the Minimum Import Price (MIP), is also bearing the brunt of these costs.
In an interview with CNBC-TV18, RK Goyal, MD of Kalyani Steel said that operating in a highly turbulent market the company has tried to cash in on any opportunity that came its way. This approach has led to the stock price surge and expansion in the company's margins, he said.
Coal India, SBI, Vakrangee, Kalyani Steels, Axis Bank, Infosys and Sun Pharma were the most active shares on exchanges.
NEW DELHI India late on Thursday extended a floor price for imports of steel products for a further two months, as the government tries to protect the domestic steel industry from cheap overseas shipments, especially from China.
Grappling with a whopping $7.23-billion debt, Brazil-based steel production and distribution company Gerdau SA is looking to sell off assets, including those in India.
1h - Asif
1h - Asif