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Strong show likely for the company

Chennai Petroleum Corporation announced that Tamil Nadu Pollution Control Board (TNPCB) vide its order dated 06 August 2022 has advised the company to restrict the production to 75% of its regular production. In line with the advice of TNPCB, the production has been reduced on a temporary basis. Management is confident of resolving this issue at the earliest. Powered by Capital Market – Live News

JSW Steel reported crude steel production for the month of July 2022 at 15.69 lakh tonne compared to 13.82 lakh tonne in July 2021, recording a growth of 14% on a standalone basis. The production of flat rolled products rose 15% to 10.72 lakh tonne while production of long rolled products jumped 19% to 3.65 lakh tonne in July 2022 over July 2021. Powered by […]

The currency market is shut for trading on account of holiday for Moharram. The market will resume trading tomorrow.Powered by Capital Market – Live News

National Aluminium Company reported 60.6% rise in consolidated net profit to Rs 557.91 crore on a 52.9% increase in net sales to Rs 3783.32 crore in Q1 FY23 over Q1 FY22.

The New York Fed released its latest Consumer Expectations survey which showed a record drop in short-, medium- and longer-term inflation expectations: specifically, inflation expectations at the 1-year horizon decreased to 6.22% in July – the lowest since February – from the previous months 6.78%, the biggest monthly drop on record as expectations about year-ahead price increases for gas and food fell sharply. At the […]

Of Rs.1 per share

Sequential performance to be hit by falling prices of LME Aluminium.

The steel majors standalone crude steel production in July 2022 stood at 15.69 lakh tonnes, registering a growth of 14% YoY.

Consumer confidence in the US housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic, according to a monthly survey released by Fannie Mae. Fannie Maes Home Purchase Sentiment Index consists of six components: buying conditions, selling conditions, home price outlook, mortgage rate outlook, job loss concern and change in household income. Overall, the index fell […]