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Shiva Cement s board approves US$143m loan - Cement industry news from Global Cement

Shiva Cement s board approves US$143m loan - Cement industry news from Global Cement
globalcement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcement.com Daily Mail and Mail on Sunday newspapers.

Shiva Cement slips after recording Q4 net loss of Rs 6 cr

Shiva Cement fell 3.03% to Rs 20.80 after the company reported a net loss of Rs 5.72 crore in Q4 FY21 compared with net loss of Rs 6.32 crore in the same period last year. Net sales during the quarter fell 6.4% year-on-year (YoY) to Rs 7.92 crore. Interest outgo, however, declined 22.3% to Rs 2.93 crore in Q4 FY21 over Q4 FY20. Consequently, the company reported a pre-tax loss of Rs 7.52 crore in Q4 March 2021 as against pre-tax loss of Rs 8.41 crore in Q4 March 2020. The cement maker reported a net loss of Rs 21.97 crore in the year ended 31 March 2021 as against net loss of Rs 22.82 crore in the year ended 31 March 2020. Net sales contracted 12% to Rs 28.49 crore in FY21 over FY20.

Nifty may open down, but strength seen at lower levels - The Hindu BusinessLine

Nifty may open down, but strength seen at lower levels April 23, 2021 Privi Speciality, Glnnd Pharma, Tata Motors scrips likely to see action today Rising Covid cases are likely keep Indian markets in a bear grip on Friday even as global markets present mixed cues. The US markets slumped almost one per cent overnight on fears of imposition of new capital gains tax by Joe Biden administration. SGX Nifty at 14,331 indicates a gap-down opening of 70 points for Nifty futures, which closed at 14,403 on Thursday. The SGX Nifty futures recovered from the day s low of 14,260, signalling some value buying happening at lower levels.

Nifty today: SGX Nifty down 80 points; here s what changed for market while you were sleeping

Explore Now A 3 lakh-plus Covid case count for a second day, concerns over the economic impact of lockdowns, weakness in the rupee and an overnight drop in US stocks are likely to hit sentiment on Dalal Street on Friday. Most Asian markets traded higher in early trade, and technical charts for the domestic indices are hinting at a recovery ahead. Here s breaking down the pre-market action: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 82 points, or 0.57 per cent, lower at 14,320 in signs that Dalal Street was headed for a negative start on Friday. Tech View: Nifty forms Piercing Line pattern

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