SAIL: CO CHAIRMAN SAYS WE ARE REQUESTING GOVT TO CONSIDER MEASURES AGAINST STEEL IMPORTS

 18 Nov 2024 12:04 PM

SAIL: CO CHAIRMAN SAYS WE ARE REQUESTING GOVT TO CONSIDER MEASURES AGAINST STEEL IMPORTS

Joydeep Dasgupta joins Director (Production) of NMDC

 16 Nov 2024 09:54 PM

Joydeep Dasgupta is the new director of production at NMDC. He started on Saturday. The government appointed Dasgupta on Friday. He will be director until at least April 2028. Dasgupta is an electrical engineer. He worked at SAIL for 27 years. He was also CEO of International Coal Ventures. Dasgupta has mining experience in India and other countries.

Boat sets sail for $300-500 million IPO with bankers on board

 15 Nov 2024 06:00 AM

This comes as Boat’s revenue fell 5% in FY24 to Rs 3,285 crore, while it halved losses to Rs 70.8 crore. Sources said there’s a consolidation underway in the sector and that the recent Diwali season lifted sales after several muted quarters. Boat recorded positive earnings before interest, taxes, depreciation, and amortisation (ebitda) in FY24.

SAIL: CO EXPECTS TO SPEND AROUND RS 6,000 CR ON (CAPEX) THIS YEAR, WHICH IS LOWER THAN THE INITIAL ESTIMATE OF RS 6,300 CR || CO AIMS TO BRING DOWN SPECIFIC CO2 CONSUMPTION BY 12% TO 2.1 TONNES PER TONNE OF CRUDE STEEL BY FINANCIAL YEAR 2030-'31 - CONCALL UPDATE

 11 Nov 2024 08:45 AM

SAIL: CO EXPECTS TO SPEND AROUND RS 6,000 CR ON (CAPEX) THIS YEAR, WHICH IS LOWER THAN THE INITIAL ESTIMATE OF RS 6,300 CR || CO AIMS TO BRING DOWN SPECIFIC CO2 CONSUMPTION BY 12% TO 2.1 TONNES PER TONNE OF CRUDE STEEL BY FINANCIAL YEAR 2030-'31 - CONCALL UPDATE

Delhi HC orders govt to provide uninterrupted supply of iron ore to Sunflag Iron

 08 Nov 2024 09:04 PM

The Delhi High Court ordered the government to ensure a steady supply of 2,50,000 metric tonnes of iron ore annually to Sunflag Iron and Steel Co. The court deemed the government's 2006 notification reserving the Rowghat F deposit for SAIL as non-retrospective and emphasized the importance of fulfilling promises made by the state.

SAIL Q2 Results: Profit falls 31% to Rs 897 crore, total income down 16.8%

 07 Nov 2024 08:53 PM

Steel Authority of India Ltd (SAIL) reported a 31% YoY decline in Q2 net profit to Rs 897.15 crore, with total income down 16.8%. Lower performance was due to cheaper imports, price drops, and inventory challenges.

SAIL: Q2 EBITDA 29.13B RUPEES VS 38.75B (YOY) || Q2 EBITDA MARGIN 11.81% VS 13.04% (YOY)

 07 Nov 2024 07:09 PM

SAIL: Q2 EBITDA 29.13B RUPEES VS 38.75B (YOY) || Q2 EBITDA MARGIN 11.81% VS 13.04% (YOY)

SAIL: Q2 CONS NET PROFIT 8.97B RUPEES VS 13.05B (YOY); 818M (QOQ) || Q2 REVENUE 247B RUPEES VS 297B (YOY)

 07 Nov 2024 07:07 PM

SAIL: Q2 CONS NET PROFIT 8.97B RUPEES VS 13.05B (YOY); 818M (QOQ) || Q2 REVENUE 247B RUPEES VS 297B (YOY)

Jubilant FoodWorks, NMDC among 5 stocks with long buildup

 05 Nov 2024 11:36 AM

Five stocks saw fresh long positions on November 5: Jubilant FoodWorks, UBL, NMDC, SAIL, and Jindal Steel. All experienced increases in open interest and stock prices, signaling a bullish trend.

RITES: CO & SAIL-BSL SIGN MOU FOR CONSULTANCY WORKS || UNDER THE MOU, CO WILL PROVIDE COMPREHENSIVE SERVICES, INCLUDING SURVEYING, ENGINEERING, PROJECT MONITORING, SUPERVISION AND QUALITY CONTROL

 29 Oct 2024 05:53 PM

RITES: CO & SAIL-BSL SIGN MOU FOR CONSULTANCY WORKS || UNDER THE MOU, CO WILL PROVIDE COMPREHENSIVE SERVICES, INCLUDING SURVEYING, ENGINEERING, PROJECT MONITORING, SUPERVISION AND QUALITY CONTROL