The implementation of commodity transaction tax hammered its numbers
During the September quarter, SAIL reported 14 per cent y-o-y growth in saleable steel at 3.1 mt
Adjusting for one-time gain of Rs 1,056 cr, net profit was Rs 235 cr, was far lower than Street estimates of Rs 642 cr
Many of these firms have also seen their earnings estimates and share price outlook upgraded by analysts
Lower execution, higher fixed cost, as well as component of low margin orders have hurt margins
Despite good growth in profits, equity dilutions and the need to provide dividends have kept the share price range-bound for 4 years
Company to double up as an investment vehicle while retaining its core business
With frequent dilutions and dividends to govt, investors on loosing end
Even as the markets have rallied 18 per cent since August-end this year, there is more to be made, experts say
Interview with Joint MD, Motilal Oswal Financial Services
With output across businesses set to rise further, expect the company to deliver better numbers
With output across businesses set to rise further, expect the company to deliver better numbers going ahead
Power and and iron ore segments pulled down performance but are expected to improve
Interview with MD & CEO, Rallis India
Higher LME zinc prices and expected increase in volumes will drive earnings in the second half of the year
Interview with CMD, Power Grid Corporation
While the news flow is positive, a picky approach would yield better results, say analysts, who prefer Tata Steel, Sesa Sterlite & Nalco
Better than expected growth in China's economy helps sentiment
With 10% growth in revenues in the September quarter, L&T has delivered eight per cent growth in revenue for the first half of the current financial year
Textile business expected to see better margins in the coming quarters