Jindal Stainless: Slowdown Is Clear
Moneylife Digital Team 15 November 2024
Domestic stainless steel consumption has risen from 3.5MT (million tonnes) in FY19-20 to an estimated 4.39MT in FY23-24, with projected growth at a CAGR (compounded annual growth rate) of 8%-10%...
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High Valuation and High Expectations from This Chemicals Company
Moneylife Digital Team 14 November 2024
Sentiment toward chemicals players has improved, with companies showing stronger financial performance following multiple challenges, including anti-dumping concerns related to Chinese imports. These players aim to replicate, or even...
APL Apollo Tubes Ltd: Slow Growth, High Valuation
Moneylife Digital Team 13 November 2024
The structural steel tubes market has experienced significant growth recently, driven by strong demand. Steel production in India is projected to rise from 139MT (million tonnes) in FY22-23 to 210MT by FY29-30. Meanwhile, the...
Jindal Drilling: How Good Will Its Second Half Be?
Moneylife Digital Team 13 November 2024
The international drilling market, especially in the Middle East, has faced upheavals this year due to Saudi Aramco's suspension of 22 jack-up rigs, creating uncertainty among stakeholders. This has led to volatility in jack-up day...
IPO Review: Zinka Logistics Solutions Ltd
Moneylife Digital Team 12 November 2024
Zinka Logistics Solutions Ltd (Zinka) operates India's largest digital platform for truck operators by user count, with 963,345 of them, representing 27.52% of India’s truck operators, utilising its platform in FY23-24. The platform...
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