|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||122.15 - 125.80|
|52-week range||102.80 - 162.55|
|PE ratio (TTM)||17.32|
|Forward dividend & yield||8.60 (7.10%)|
|1y target est||147.74|
India is demanding millions of dollars in dividends from 12 reluctant state companies to make up for an expected tax revenue shortfall this fiscal year, as a slump in economic growth risks New Delhi overshooting its fiscal deficit target. The demand has been made following a finance ministry assessment on Oct. 25 of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd, according to a government document reviewed by Reuters.
Hyderabad, May 25 (IANS) State-run NMDC Ltd on Thursday reported 11.5 per cent rise in its standalone net profit to Rs 511.88 crore during the quarter ended March 31, 2017 as compared to Rs 459.08 crore ...
India is drafting a land-for-assets policy among a raft of measures aimed at attracting foreign investment into the world's third largest steel producing market, the steel secretary said on Tuesday. Asia's third-largest economy is notorious for making it difficult for foreign companies such as POSCO to buy land, losing out on billions of dollars of investments in key sectors such as steel and preventing the transfer of technology to local companies. Steel Secretary Arun Sharma told Reuters her department was preparing several policies aimed at boosting investor confidence after Prime Minister Narendra Modi last week approved a plan to nearly triple domestic steel capacity and raise consumption manifold by 2030.