HPCL has one of the highest earnings and cash flow visibility with such low valuations and high dividend yields. It announced results on Friday after hours.
Aluminium getting out of step with other commodities: Debnarayan Bhattacharya, MD, Aditya Birla Group
While lower GDP growth in China is a negative for aluminium, there are other positives coming out. We believe in 2016, globally demand will outstrip the supply.
For Amalner’s Wipro shareholders, the stock has provided a dependable source of income. None of them would ever want to let go entirely.
In India, with the 7th largest aluminium reserves, the aluminium industry can be a good support to the ‘Make in India’ concept.
Hindalco MD Debu Bhattacharya says the company is placing hopes on aluminium prices and high premium value added products in the coming months.
The impact of this was also seen on the shares of other social networking services companies — Facebook and Twitter. Their shares have fallen by 9.9% and 12.2%, respectively.
Mumbaibased pharma company Lupin has posted better-than-expected numbers after reporting dismal figures for four successive quarters.
The company’s Indian business remains the main business due to captive iron ore mines, it generates much more operating profit and cash flows than other businesses.
The move is the strongest possible measure to shield steelmakers from the onslaught of cheap imports that has severely affected the industry.
Justdial, an online database listing company that raised Rs 950 crore when it sold shares for the first time in May 2013, is now trading below its listing price.
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