Focused on navigating choppy waters
Higher exports and cash conservation to help tide over weak demand
* JSW Steel (JSTL)’s FY20 Annual Report highlights th..
Better times ahead...
Mishra Dhatu Nigam (Midhani) reported a subdued set of Q4FY20 numbers. Topline was at | 203.1 crore (down 39% YoY) while EBITDA was at | 50.1 cr..
Q4FY20 gross margins for Midhani were slightly lower than expectations at 77.6% against 80% expected. Midhani has seen a steady gross margin expansion ..
Cost rationalisation, efficiency capture and cash preservation
Key takeaways from Tata Steel Q4FY20 conference call are:
i) FY21 sales volumes should be similar to..
Company Background & Product Highlights
Phillips Carbon Black Limited (PCBL), incorporated in 1960, in collaboration with Phillips Petroleum Company, is a part of..
High leverage and fixed costs remain key concerns
COVID-19 impact to result in PAT loss in FY21
* Given its high fixed cost structure, SAIL remains exposed to any ..
TATASTEEL FUT added 7% in open interest addition as long buildup was seen in it in previous session. Current chart pattern also indicates further up m..
The company reported standalone net loss during the quarter stood at Rs 131.32 crore as compared to net loss of Rs 86.00 crore in the previous year quarter. Net revenue o..
The company reported standalone net loss during the quarter stood at Rs 658.23 crore compared to net profit of Rs 113.26 crore in the previous year quarter. Net rev..
One-off gains boost Q4 EBITDA, on adjusted basis, still better
* SAIL reported higher-than-expected revenue and EBITDA despite several adjustments pertaining to one-of..
Steel giant ArcelorMittal on Thursday reported a net loss of $599 million for the second quarter of 2020.
During the corresponding period last year, the company had re..
The company reported standalone net loss during the quarter stood at Rs 17.09 crore compared to net profit of Rs 18.39 crore in the previous year quarter. Net reven..
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