MAN Industries will supply high value-added SAW-pipes for this project, which command higher realisation and offer strong EBITDA margins
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According to the market experts, in the coming week markets will be driven by the earning season and markets are digesting the rally of the last week
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The retail subscription remains muted with only 14.37 times, while the overall issue is subscribed 62.76 times
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The allotment for the issue will be declared on 08 July and subsequently the shares will be listed on 10 July on the NSE and BSE
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Among the Nifty 50, 34 report gains, while 16 experience declines, showcasing a balanced yet cautious market sentiment
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Steel body highlights the potential benefits in achieving capacity expansion targets and addressing obstacles of individual firms in resource acquisition, while raising awareness about FSNL disinvestment
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Shares of defence companies such as Bharat Dynamics, Bharat Electronics, Hindustan Aeronautics, Cochin Shipyard, and Data Patterns climb higher in trade after the comment
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The company intends to utilise the net proceeds from the fresh issuance to the extent of Rs 1,500 crore towards repayment of certain outstanding borrowings availed by the subsidiaries
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Ircon International will complete the design, supply, installation, testing and commissioning of broad gauge ballastless track for RVNL
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Sectoral indices such as Nifty Bank, Nifty Auto, Nifty Financial Services, and Nifty Private Bank also experience downward trends
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