Prakash Industries

Prakash Ind shares fly 7% on securing 30 yr mining lease in Chhattisgarh

Shares of Prakash Industries climbed up to 7.59 per cent at Rs 175 a on the BSE in Monday's intraday deals

Prakash Industries surges 8% on getting final nod for Bhaskarpara coal mine

Shares of Prakash Industries zoomed up to 7.9 per cent at Rs 208.95 per share on the BSE in Friday's intraday trade

This Dolly Khanna-owned iron & steel stock has zoomed over 100% in 3 months

Investor Dolly Khanna held 1.8 million or 1 per cent of the total equity of Prakash Industries as of the end of September 2023

Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%

According to analysts at ICICI Securities, the removal of export duty augurs well for domestic steel players over a longer term horizon

ED attaches properties of Prakash Industries under money laundering case

Properties worth Rs 227.95 crore were attached

Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

Prakash Industries hits 52-week high on clocking highest-ever sales volume

The stock jumped over 9 per cent in intra-day deals to Rs 88.80 on the BSE

Stocks to watch: Muthoot Finance, RIL, UCO Bank, Prakash Industries, Airtel

Anil Agarwal-led Vedanta Resources Ltd's sweetened offer to buy back 17.5 per cent share in its Indian flagship firm was subscribed 57.5 per cent, helping it raise its stake to about 65 per cent

Stock picks by Sameet Chavan: Buy Happiest Minds, Prakash Industries

The recent price chart displays a 'Bullish Flag' breakout in Happiest Minds' stock

Prakash Industries emerges as highest bidder for Bhaskarpara coal block

Prakash Industries on Wednesday emerged as the highest bidder for Bhaskarpara coal block in Chhattisgarh, an official said. Birla Corporation had on Tuesday bagged the Brahmapuri mine in Madhya Pradesh, the official said quoting the results of e-auction for coal mines under the eight tranche. Jindal Steel and Power Ltd (JSPL) was the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs 230 per tonne on Monday. Birla Corporation Ltd bagged the Bikram coal block in Madhya Pradesh with a bid price of Rs 154 per tonne last week. Six mines are on offer. Auctions for four blocks have been completed, the official said. The bidding for Jagannathpur B block and Jamkhani block will take place on Thursday and Friday, respectively. Bhaskarpara coal block was previously allocated to Bhaskarpara Coal Company Ltd (BCCL) -- a joint venture of Electrotherm (India) Ltd and Ultratech Cement Ltd, while Brahmapuri mine was previously allocated to Pushp Steels & ...

Prakash Ind down 5% on report of ED filing chargesheet in coal scam cases

The stock locked in lower circuit of 5% at Rs 125 on the BSE with only sellers were seen on the counter after the media report suggested that ED filed charge- sheets in seven coal scam cases.

Prakash Industries hits 52-week high on robust Q3 results

The stock rallied 9 per cent to Rs 224 in noon deal, after the company reported 5.8 times jump in net profit at Rs 101 crore in Q3FY18 against Rs 17 crore in Q3FY17.

Prakash Industries hits 7-year high on strong Q2 results

The stock rallied 9% to Rs 149 on the BSE in intra-day trade, its highest level since November 2010.

Cheque bounce case: Prakash Industries Ltd's MD gets 1-year jail term

A Delhi court directed Prakash Industries and its MD V P Aggarwal to pay Rs 5 cr each to SIAL, SIFCL

Prakash Industries issued different AGM notices

Prakash Industries, one of the two companies that got interim relief from the recent crackdown on shell companies, had issued two different notices for its annual general meeting held on July 26.In the first notice issued, which was part of the annual report released on July 3, still available on the company website, there were seven resolutions. Most shareholders and institutional investors had seen this resolution. However, a subsequent notice published contains eight resolutions. Both documents are still available on the company's website The eighth resolution relates to appointment and approval of remuneration of a promoter director. This was a special resolution that would enable the company pay its chairman VP Agarwal, a monthly salary of Rs 40 lakh and other perquisites such as a chauffeur driven car and other allowances. Normally, companies issue a corrigendum in such cases so that investors are alerted if there are any changes in such statutory documents and regulatory ...

Prakash Industries, J Kumar Infra tank 20% after trading resumes

The SAT stayed restrictions imposed by the Sebi on shares of J Kumar Infra and Prakash Industries.

Suspected shell company Prakash Industries zooms 208% in 2017

The stock zoomed 208% from Rs 45.20 to Rs 139, as compared to 21% rise in Sensex till Monday.

Prakash Industries to demerge PVC business into separate entity

Steel and PVC (polyvinyl chloride) pipe manufacturer Prakash Industries is planning to demerge its business to grow independently with their focused vision, strategies and operations.Under the scheme of demerger, the company would demerge PVC pipe business into a separate entity with focused vision in growth, the company said in a BSE filing.PVC pipe business contributes nearly 10 per cent to the company's total income. Of the total income from operations posted at Rs 520.70 crore for the quarter ended December 31, 2016, Prakash Industries reported Rs 55.66 crore contribution from PVC pipe segment. Steel and power segments, however, contributed the rest."The demerger will not only enable both the businesses to grow independently with their focused vision, strategies and operations, but also contribute significantly towards unlocking the potential value of the business for the shareholders," the company said in a statement.A more pure play company, having a singular business is also ...