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Simplifying corporate structure, creating value for shareholders, improving efficiency -- the reasons given by Vedanta for its demerger sound suspiciously similar to the ones it trotted out when it merged its businesses a decade back.
Cement prices have been raised for the second time this month in eastern parts of India, while remaining steady in other regions. Weak monsoon rains in August helped boost demand, resulting in price increases of 3-10% earlier this month. Cement prices are now at record highs in the Kolkata region, at around Rs 410 per bag, and at a pan-India high of Rs 435 per bag in Odisha.
Prices were increased 3-10% earlier this month across regions, spurred by weak monsoon rains in August which helped prop up demand even in the seasonally weak September quarter.
Tata Steel Limited (OTC:TATLY) Q4 2022 Earnings Conference Call May 04, 2022 2:30 AM ET Company Participants Samita Shah - VP of Corporate Finance, Treasury and Risk Management T.V.
Most analysts increased their earnings estimates for the company and raised price targets for the stock after the June quarter earnings, maintaining their overweight stance.