Difficult times ahead; Covid-19 fears outweigh strong dividend yield
* The company posted strong results but uncertain outlook guided management’s decision to de..
Hindustan Zinc (HZL) reported an inline EBITDA of Rs19.6bn (I-Sec: Rs 20.6bn). While integrated zinc and lead production came in at 221kte (down 3% YoY)..
Higher steel realization drives EBITDA
Declining raw material prices to support margins; Dolvi expansion delayed
* JSW Steel (JSTL)’s fourth-quarter result re..
The company reported standalone net profit of Rs 12.19 crore for the quarter ended March 31, 2020 as compared to Rs 19.67 crore in the same period last year, registering ..
* The Finance Minister has announced coal sector reforms, announcing the abolishment of the monopoly of Coal India over the sector. However, we note that the govt has alr..
In a relief to steel producers, the country's largest public sector mining company, NMDC has reduced the prices of iron ore by Rs 400 per tonne. It has also reduced t..
* Mishra Dhatu Nigam (MIDHANI) is a virtual monopoly in supplying Ultra-High Strength Nickel Heavy Alloy Steel used by ISRO in their Rockets and Satellites for its variou..
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Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Daily Market Commentary 26 May 2020 by Mr. Siddhartha Khemka, Motilal Oswal
Indian edible oil conference postponed amid coronavirus outbreak - organiser
Microsoft Surface Duo to come with advanced stylus support
Exclusive: ECB prepares for the worst: life without the Bundesbank - sources
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