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HIND COPPER : CMP 72 TARGET 150 28 MAY 2018

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Welcome to Sana Securities!  Login  |  Subscribe Now HOME CONTACT HINDUSTAN COPPER EQUITY RESEARC Home Company HinaCopper Equity Research ment Date of Research – 18 January 2016 Price – Rs. 50.65 About the Company Hindustan Copper Limited (“ Hindustan Copper ” or the “ Company “) is a public sector undertaking under the administrative control of the Ministry of Mines. The Company was incorporated on 9th November 1967 and manufactures copper products. The Company’s primary products consist of copper cathodes (used to make copper wire), copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid. More than 90 % of the Company’s sales revenue is from cathode and continuous cast copper rods. Hindustan Copper’s mines and plants are spread across four operating Units – (i) Khetri Copper Complex at Khetrinagar, Rajasthan; (ii) Indian Cop...
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Mukand Steel Sumitomo

MUKAND - Japanese major Sumitomo Corporation buys 49% stake for Rs. 1,181 crores in the JV company - Mukand Sumi Special Steel Limited. The JV has 100 acres of land at Hospet and plans to commission new steel rolling facilities by 2020 at an approx. cost of Rs. 600 crores.
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Gravita India Amara Raja Batteries

#GRAVITAINDIA GRAVITA is one of the largest recyclers of non-ferrous metals & one of the largest lead producer in India Interesting Business, worth to read more >> Not a Buy recommendation Gravita enters into contract with Amara Raja Batteries Limited May 22 2018 Share Share Gravita has signed a contract with Amara Raja Batteries Limited for Lead Acid Battery Scrap Collection and Recycling arrangements. Under this contract Gravita shall collect/purchase Lead Acid Battery scrap from designated locations of Amara Raja. It is a joint initiative towards environment protection and sustainability under which used batteries shall be recycled and Pure Lead/Lead Alloys will be supplied back to Amara Raja. Gravita targets supply of approx. 8000 MT of Lead to Amara Raja under the said contract which will help the company to strengthen its top line in FY 2018‐19 coupled with cost effective recycling and long term business association wi...
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Bhushan Steel Tata Stell will get 99.3 % . existing shareholders price is 4 rs

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The Bhushan Steel Bankruptcy Saga: Tata Steel Takes Over W Deepak Shenoy 23 May 2018 Stocks It’s nearly final. Tata Steel has taken over Bhushan Steel. In what is the first big resolution in the NCLT bankruptcy cases ( Read our coverage ) the company that owed over 50,000 cr. to banks has been purchased lock, stock and barrel for Rs. 35,000 cr. (and some change). Tata Steel’s subsidiary, Bamnipal Steel, will take over Bhushan Steel. How does this work? The basic point: Financial creditors will get Rs. 35,200 cr. for all the debt in the business. All of this money will be given by Tata Steel to Bhushan, as a loan (the most part) and some equity. But there’s an order that things will go through. First, the Cleanup Lenders have to invoke all their shares. They have all the promoter shares pledged (well, most of them) and these promoters will have to give them up to the banks. The promoters have around 8.5 cr. shares (out of about 22.5 cr. ...
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