SAIL awaits ArcelorMittal response to take JV plans forward SAIL is awaiting a response from ArcelorMittal regarding setting up a joint high-end automotive steel plant in India.SAIL chairman A K Chaudhary said this while replying to a question related to the progress in talks with ArcelorMittal for setting up a JV
September Qtr earnings: 10 stocks which are likely to report losses in Q2FY20 Pharma, Agri inputs, FMCG including, Food & beverages, IT, Paper & packaging are some of the sectors which are expected to do better comparatively
'As the bull market develops, midcaps will start performing' "In international markets, metals, as well as, ferrous metals are correcting heavily but metal counters in India have risen by 10-15 percent, thus creating a negative divergence for traders who want to take short positions," Mehta said.
Govt allows SAIL to sell 25% iron ore output in open market The mines ministry has noted that there is a need to take adequate steps to ensure availability of iron ore in the market to meet the demand of domestic steel makers.
Metal index about to turn oversold, JSW Steel, Tata Steel, Hindalco top buys The metal sector is about to turn oversold and we could see beginning of value buying or contra buying at the current or little lower levels.
SAIL extends deadline again to submit bid for 3 assets The date for submission of expression of interests (EoIs) physically for the three SAIL assets has been extended to September 10, 2019, the company said on its website.
Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India Tata Motors | Alembic | Bosch | National Aluminium Company | Unichem Laboratories | ONGC | BHEL | BPCL and Sintex Plastics are among stocks, which are in news today.
Deadline for submission of EoIs for SAIL’s 3 plants extended "The last date for ‘submission of EoIs (Expression of Interests) physically’ has been extended from August 1, 2019 to August 20, 2019," said the company’s website.
Are metals losing their lustre? SAIL, Vedanta among top cos that corrected more than 50% in FY20 Demand for iron and steel is set to grow, with strong growth expectations for the residential and commercial sector.
SAIL gets nod to manufacture special shipbuilding grade plates The plates will be used for making diving support vessels (DSV) used by the India Navy, the Steel Authority of India Ltd (SAIL) said in a statement.