JSW Steel: The country s leading steelmaker JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne per annum, its Chairman and Managing Director Sajjan Jindal said.
SpiceJet: The airline operator reported narrowing of net loss to Rs 235.3 crore for the quarter ended March 2021, and announced that it will raise up to Rs 2,500 crore to ensure long-term growth and sustainable operations. The budget carrier had posted a net loss of Rs 807 crore in the corresponding quarter of 2019-20.
Coffee Day Enterprises: The coffee producer reported a consolidated net loss of Rs 272.09 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 554.80 crore in the January-March period a year ago.
Here are the top stocks to track in today s session:
Vodafone Idea: The telecom operator cut down its net loss by 39.5 per cent YoY in the fourth quarter FY21 to Rs 7,022 crore on the back of lower operating and exceptional expenses. In the same quarter of the previous year, it had posted a net loss of Rs 11,643 crore. The figure, however, widened 55 per cent on a sequential basis.
SpiceJet: The airline reported narrowing of net loss to Rs 235.3 crore for the quarter ended March 2021, and announced that it will raise up to Rs 2,500 crore to ensure long-term growth and sustainable operations.
JSW Steel to infuse over Rs 25,000 cr to ramp up capacity
The company, which sold nearly 15 MT of steel in FY21, claimed to have invested Rs 48,000 crore in the past three years for augmenting its production capacity to nearly 28 MT The fresh investment of Rs 25,115 crore would further boost the company s capacity to 37.5 MT PTI
Updated Jul 01, 2021, 7:52 AM IST
The country s leading steelmaker JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne (MT) per annum, its Chairman and Managing Director Sajjan Jindal said in a message to its shareholders.
The company, which sold nearly 15 MT of steel in FY21, claimed to have invested Rs 48,000 crore in the past three years for augmenting its production capacity to nearly 28 MT, company officials said.
Stocks in news: SpiceJet, Adani Green, Vodafone Idea, Omaxe and more
Stocks in news: SpiceJet, Adani Green, Vodafone Idea, Omaxe and more SpiceJet, Adani Green Energy, Vodafone Idea, Parsvnath Developers, Omaxe and more BusinessToday.In
Updated Jul 01, 2021, 10:12 AM IST
Sensex and Nifty were likely to open higher amid mixed global cues. On Wednesday, benchmark indices gave up early gains to end lower amid profit booking and a largely negative trend in global markets. Sensex settled 66.95 points lower at 52,482 and Nifty slipped 26.95 points to close at 15,721.
Here s a look at stocks that are likely to remain in news today.
Omaxe: The realty firm has reported a consolidated net profit of Rs 1.11 crore for the quarter ended March on lower income amid the COVID-19 pandemic. The Delhi-based firm had posted a net loss of Rs 126.26 crore in the year-ago period.
Why has IBC failed to live up to its promise? newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.