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Shah Alloys Ltd Q1FY22 PAT zooms to Rs. 13 crores

Shah Alloys Ltd Q1FY22 PAT zooms to Rs. 13 crores
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Shah Alloys reports consolidated net loss of Rs 23.31 crore in the March 2021 quarter

Shah Alloys reports consolidated net loss of Rs 23.31 crore in the March 2021 quarter
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Indian Metals & Ferro Alloys bullish on spike in ferro chrome prices

Indian Metals & Ferro Alloys bullish on spike in ferro chrome prices
April 13, 2021
Expects profit in Q4 of FY21 and Q1 of current fiscal
Indian Metals & Ferro Alloys Ltd (IMFA) expects a surge in profitability in the fourth quarter of FY21 and the first quarter of the current financial year due a spike in ferro chrome prices.
The Odisha-based ₹1,600-crore ferro chrome manufacturer’s profits increased by nearly seven times during the third quarter ended December 31, 2020 at ₹32 crore compared with ₹4 crore in the same period last year following a steady rise in ferro chrome prices.
Ferro chrome prices, which were ruling around ₹60,000-65,000 a tonne in September last year, increased to as high as ₹95,000 a tonne in January. The increase in prices in the fourth quarter would augur well for the company, which is an integrated producer of ferro chrome, said Prem Khandelwal, CFO & CS, IMFA. ....

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Ballistic & Armour Steel market Production, Sales And Consumption Status And Prospects Professional Industry Research Report 2020-2030- market.biz

Press release content from Wired Release. The AP news staff was not involved in its creation.
Ballistic & Armour Steel market Production, Sales And Consumption Status And Prospects Professional Industry Research Report 2020-2030- market.biz
January 14, 2021 GMT
Pune, Maharashtra, January 14 2021 (Wiredrelease) Market.Biz :COVID-19 Analysis: Turn massive Ballistic Armour Steel market challenges into meaningful change.
Its not post-pandemic, its intra-pandemic. Were still in it, and the implications for Ballistic Armour Steel market are long-reaching. Lets face it!
As the COVID-19 pandemic wreaks havoc on our global economies, Ballistic Armour Steel businesses are struggling to keep pace with circumstances that are changing day-to-day, if not hour-to-hour. While Ballistic Armour Steel organizations try to find their operational and financial footings, many activities are being put on hold. Decision-makers are struggling with the question should we change the prev ....

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market outlook: Ahead of Market: 12 things that will decide stock action on Thursday

NEW DELHI: Nifty touched its all-time high on Wednesday forming a Hanging man pattern on the daily chart. Amit Trivedi of Yes Securities says that the appearance of such a pattern at current levels could attract some profit taking. However, follow-up action needs to be closely watched.
According to Ashis Biswas, Head of Technical, CapitalVia Global Research, the market s short-term technical condition shows an upward shift in the prevailing market range, and it is likely to range between 13,550 and 13,780.
Indian market is effortlessly rallying to record highs on a daily basis, tracking firm global markets. Increasing prospects of the US stimulus measures, hopes of an effective vaccine and a conclusive Fed meeting to announce a positive policy are lifting market sentiments across the globe. In the domestic market, all sectors witnessed good momentum with realty leading the rally in hopes of a revival in demand, said Vinod Nair, Head of Research at Geojit Financial Serv ....

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