Margin outlook strong despite recent price cut
Retain Buy despite risk of higher levies
* NMDC is a play on strong iron ore prices and volumes, which is well refl..
Religare Super Idea**
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IFGL Refractories Ltd (IFGL), promoted in 1989 by Mr S.K. Bajoria of Kolkata produces specialized refractories and operating systems for steel indus..
Domestic steel consumption remains strong
We expect strong domestic demand and low finished steel inventory to support domestic steel prices. India’s domestic st..
The metal market is again on an upswing with futures of both precious and base metals on the rise largely on the hopes of the proposed massive $1.9 trillion stimulus pack..
Strong domestic demand along with low finished inventory are expected to support domestic steel prices, Motilal Oswal Financial Services said in a report.
As per the r..
Novelis continues to surprise on margins
Synergies leading to incremental EBITDA
* The 3QFY21 result of Hindalco (HNDL)’s subsidiary Novelis highlights the ..
Peak margins expected in Q4FY21
JSW Steel (JSWS) reported higher than expected standalone EBITDA at ~ Rs 14,444/te, up ~ Rs 4,300/te QoQ. Higher auto sales (up 33% Qo..
FY21 silver volume is likely to exceed the guidance…
Hindustan Zinc (HZL) reported steady set of performance for Q3FY21, wherein topline and EBITDA came in marg..
Silver rallied for a third straight session on Monday, soaring as much as 11.2% to a near eight-year peak as retail investors in Asia followed up frenzied buying by U.S. ..
FM Nirmala Sitharaman : Revoking ADD and CVD on certain steel products. Reducing duties on copper scrap from 5% to 2.5%.
The government may put further checks on export of iron ore to allow greater availability of this critical input for the domestic steel industry at competitive prices.
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rupee strengthens against US dollar on Tuesday
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Currency Squeeze: Rupee expected to weaken further
Daily Market Commentary 21 September 2021 by Mr. Siddhartha Khemka, Motilal Oswal
Mswipe's lending business appoints Tanya Chadha as Chief Operating Officer
Goa accounts for 12% of drug manufacturing in India: Chief Minister Pramod Sawant
Buy Aluminium Above 230 SL Below 228 TGT 232.50/233.50 - Axis Securities Ltd
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