In the past two months, NMDC increased ore price by nearly 25% from the year-ago level.
Evaluate and FirstCall are the only two brokerages that track this company.
Tata Steel is also raising Rs 12,800 crore through a rights issue to reduce debt and fund its acquisition of stressed assets.
The combined loans of these 10 cos was Rs 3,500 crore in FY17 and may have risen further.
The acquisition would accrue strong synergies in the long run.
The society from which the CBI picked up Shetty on Saturday is home to senior bankers, businessmen and executives from leading private companies.
Historically, February and March have seen companies pay higher dividends.
Tata Steel’s net debt reduced to Rs 76,000 crore from Rs 78,000 crore a quarter ago.
The company’s revenues have increased from Rs 3,876 crore to Rs 5,931 crore from FY15 to FY17.
The analysts expect 35 per cent jump in the earnings of Jubilant Foodworks.
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