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Electrosteel Market cap: 2100 cr Q1 EBITDA: 200 cr Tata Metalik Market cap: 2300 cr Q1 EBITDA: 25 cr
Electrosteel casting 2nd straight quarter of 200 cr + EBITDA
ELECTROSTEEL CAST: 951M VS 715M
Good nos-10/5 till 6pm from 3pm Deepak spinners PBT 16cr vs 12.8cr, Q3 at 14.2cr PAT 12cr vs 9.3cr Electrosteel casting PBT 142cr vs 90cr, Q3 at 129cr PAT 114cr vs 67cr Avro india PBT 2.4cr vs 0.2cr, Q3 at 0.9cr PAT 1.8cr vs 0.12cr Weak OCF Manaksia coated PBT 4.6cr vs 2.2cr
Electrosteel casting results
Tata Steel (1), JSPL (1), Electrosteel (2), Rungta (3) Kashvi (1) and Raga Tradecon (1) declared as preferred bidders. Participants hope for the National Mineral Index (NMI) to come into place soon. @TataSteelLtd @JSPLCorporate @ElectrosteelG
3 Workers Died In Bokaro: 3 Workers Died In Vedanta Electrosteel Plant
Directors of Srikalahasthi Pipes Dumped Entire Holding While Electrosteel Promoters Were Buying Own Shares @suchetadalal @Moneylifers @yogtoday
Insider Trading in Electrosteel Casting by Promoter Group Entities Before Merger with Srikalahasthi Pipes? @suchetadalal @Moneylifers @yogtoday
TMT bars demand to normalise by October: Electrosteel #ETIndustryNews
Diversified natural resources major, Vedanta on Monday announced the appointment of P K Singh, former chairman of SAIL, as President–Growth Project, Electrosteel Steels Limited & Jitendra Kumar Dadoo, who retired as a Secretary to GoI in Dec' 17, as a Senior Advisor
CRISIL #Steel Sector: Webinar Highlights Management Participants: Mr. Sujit Varma- Deputy MD, SBI, Mr. VR Sharma- MD, Jindal Steel and Power Ltd., Mr. Pankaj Malhan: CEO, Electrosteel steel ltd., Mr. Subodh Agarwalla: CEO, Maithan Alloy ltd. Analyst on the call : Ayushi Rathi
During the week dividend announcement Can Fin Homes (100%), Dhanvarsha Fin (1%), Electrosteel Cast (30%), Grasim Ind (200%),GIPCL (29%), JK Tyres (35%), Kiran Vyapar (7.5%), Pfizer (100%), PTC India (4.5%), Shalby(5%), Tamboli Capital (5%), TN Petro (15%), Tata Commu (40%),
Modiji’s Aatma Nirbhar Bharat movement, based on economy, infrastructure, technology driven system, vibrant demography & demand is a welcome initiative that will propel India’s growth and shape up India of Future: Pankaj Malhan, CEO, Vedanta ElectroSteel Steels
Vedanta Limited will now directly hold 95.49% in Electrosteel Steels Ltd (ESL) This follows nod from NCLT Kolkata for scheme of amalgamation of Vedanta Star Limited with ESL. The scheme has been made effective from Wednesday, March 25, 2020, Vedanta has informed the BSE.
Vedanta has said Electrosteel Steels Limited that was acquired in 2018 has recorded an improvement in operational performance with EBITDA margins of over $100 per tonne in Q4 FY20. Electrosteel is set to achieve the best ever production of 1.4 million tonnes in FY20
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