Ranganath Mummadi

#MorningIndia | Your daily News tracker! ☕ ✅ Ola Electric's ₹7,250-crore IPO gets Sebi approval ✅ Organised paint sector to double production capacity by 2027 ✅ Steel demand is expected to increase by 9-12% in FY25 #Ola #EV #Paints #Steel #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal #MorningIndia #Ola #EV #Paints #Steel #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal

1) Cadila Healthcare Q2FY21 net profit jumped over four-fold to Rs 473.4 crore. The company had posted a net profit of Rs 107.2 crore for the same period of last FY. Consolidated total revenue from operations of the company stood at Rs 3,820 crore. The net debt as on 30th Sept, 2020 stood at Rs 4,031 crore against Rs 6,740. crore as on 31st Mar, 2020. 2) India October Manufacturing PMI reported 12 years high. Germany reported 8-month high October PMI. US reported PMI for manufacturing registered 59.3% in October, the highest level since September 2018. Expect positive for metal stocks ahead of strong demand.  #MOMarketUpdates #MotilalOswal #IndianStockMarket #stockinvesting #Cadila #steel #sensex #nifty #stocktips

#ResultUpdate: JSW STEEL: Export orders, long-term contracts protect margins; Strong project pipeline to drive growth. Read the full 1QFY20 result report here: http://ow.ly/sgHA50veHU6 #ResultUpdate

#ResearchReport - METALS: Higher RM impacting spreads of steel companies; Indian steel mills are however better placed. Read more at: http://ow.ly/2YaO50uxLYM#readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

#ResearchReport - METALS WEEKLY: Indian steel prices largely stable; base metal prices decline. Read more at: http://ow.ly/fnu930o0ByQ #readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

#ResearchReport - METALS WEEKLY: Iron ore and pellet prices move up; Indian steel prices also higher. Read more at: http://ow.ly/fskV30nKtld #readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

JSW STEEL: Vijaynagar plant visit: The big getting bigger; Overall capacity to increase by 45% at low specific capex of USD700/t. Read more - http://ow.ly/pTsQ30mYYho