DSIJ Mindshare

Stock Split Alert: Small-Cap Iron & Steel Maker Declares Q2 Earnings, Announces 1:5 Stock Split

Q2 earnings show increased EBITDA and profit before tax, but profit after tax declines 24 per cent to Rs 153.16 crore due to deferred tax provisions.

Abhishek Wani 0 190 Article rating: 4.4


Q2 earnings show increased EBITDA and profit before tax, but profit after tax declines 24 per cent to Rs 153.16 crore due to deferred tax provisions.

Multibagger update: These metal stocks gained up to 5,340 per cent in five years; do you own any?

Nifty Metal index has lost 16.5 per cent of its value since the announcement of the measures on May 20. On the other hand, BSE Metal index plunged 4.3 per cent since the announcement.  

Sayali Kotwal 1 9625 Article rating: 3.9

On May 22, the government imposed an export duty of 15 per cent on a selection of pig iron, flat-rolled products made of iron or non-alloyed steel, bars & rods, and various flat-rolled stainless steel products along with an additional 45 per cent on iron ore pellets, in an effort to rein in input prices and control rogue inflation. In a similar vein, the export tariff on iron ores and concentrates was increased from 30 per cent to 50 per cent

RSS
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR