Read more about SAIL gains after Q4 PAT grows 31% YoY on Business Standard. Steel Authority of India (SAIL) rose 1.75% to Rs 130.80 after the company s consolidated net profit jumped 31.1% to Rs 3,469.88 crore on 44% surge in net sales to Rs 23,284.89 crore in Q4 March 2021 over Q4 March 2020.
3P Land Holdings Ltd, RPG Life Sciences Ltd, Hilton Metal Forging Ltd and Gyscoal Alloys Ltd are among the other gainers in the BSE s B group today, 12 April 2021.
3P Land Holdings Ltd, RPG Life Sciences Ltd, Hilton Metal Forging Ltd and Gyscoal Alloys Ltd are among the other gainers in the BSE s B group today, 12 April 2021.
Aarvee Denims & Exports Ltd soared 15.42% to Rs 26.2 at 12:04 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 67915 shares were traded on the counter so far as against the average daily volumes of 6970 shares in the past one month.
Welspun Corp has allotted 65,000 equity shares of Rs. 5 each fully paid-up upon exercise of Employee Stock Option.
The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company.
Post this allotment, the paid up equity share capital of the Company stand increased from Rs.1,304,421,975/- divided in to 260,884,395 equity shares of Rs. 5 each to Rs.1,304,746,975/- divided in to 260,949,395 equity shares of Rs. 5 each.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even durin
Metal stocks were trading with gains, with the S&P BSE Metal index increasing 198.67 points or 1.3% at 15471.26 at 09:49 IST. Among the components of the S&P BSE Metal index, JSW Steel Ltd (up 2.88%), Steel Authority of India Ltd (up 2.84%),National Aluminium Company Ltd (up 2.6%),Jindal Steel & Power Ltd (up 1.54%),Tata Steel Ltd (up 1.03%), were the top gainers. Among the other gainers were Hindalco Industries Ltd (up 0.91%), Coal India Ltd (up 0.81%), Vedanta Ltd (up 0.15%), and Hindustan Zinc Ltd (up 0.08%).
At 09:49 IST, the S&P BSE Sensex was up 333.45 or 0.68% at 49492.77.
The Nifty 50 index was up 104.5 points or 0.71% at 14742.3.
The S&P BSE Small-Cap index was up 181.11 points or 0.87% at 21026.1.
Tata Steel Long Products announced the Q4 and FY21 production and sales volumes (provisional) figures.
The company achieved direct reduced iron production of 226,000 tons and crude steel production of 186,000 tons in Q4 FY21, compared to direct reduced iron production of 213,000 tons and crude steel production of 173,000 tons in Q3 FY21, and direct reduced iron production of 201,000 tons and crude steel production of 156,000 tons in Q4 FY20.
For FY21, the company reported direct reduced iron production of 797,000 tons and crude steel production of 648,000 tons compared to direct reduced iron production of 764,000 tons and crude steel production of 584,000 tons in Q4 FY21.