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LIC IPO only after govt disinvests 3 other PSUs: Report indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.
Broader market stock bets: Don't say no to mid & smallcaps yet; analysts say these 21 are roaring buys indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Mishra Dhatu Nigam (MIDHANI) said that its board will meet on Monday, 15 March 2021, to consider a proposal regarding declaration of interim dividend for the financial year 2020-21. The record date for entitlement for aforesaid interim dividend, if declared by the company, will be Tuesday, 23 March, 2021, MIDHANI said in a BSE filing made after market hours yesterday. Consequently, the scrip is trading higher by 1.62% to trade at Rs 197.90 on the BSE. While the scrip is still trading below its 200-day simple moving average (SMA) placed at Rs 199.28, it has, however, managed to trade above its 50-day and 100-day SMAs placed at Rs 194.16 and Rs 191.89, respectively. ....
Mishra Dhatu Nigam (MIDHANI) has raised Rs 50 crore by allotting commercial papers to Union Bank of India on a private placement basis.MIDHANI has allotted 1,000 commercial papers (CPs) of face value Rs 5 lakh each and an issue price of Rs 4,95,540 each. The CPs hold tenure of 90 days. Credit rating agency CRISIL has rated the CPs at CRISIL A1+ . MIDHANI is one of the leading manufacturers of super alloys, titanium & titanium alloys, special purpose steels and other special alloys. The Government of India held 74% stake in the company as of 31 December 2020. On a consolidated basis, the company s net profit fell 1% to Rs 60.13 crore on a 9% decline in net sales to Rs 187.92 crore in Q3 FY21 over Q3 FY20. ....
The government has announced several measures under Aatmanirbhar Bharat package to increase availability of credit to the MSME sector, added MSME Minister Nitin Gadkari ....