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‘Cement and road construction companies to stay on our watchlist’ – ET Infra

Mayuresh Joshi, Head-Equity Research – India, William O Neil, says “as prices recover on the LME with China demand expected to come back in the next financial year, even the top-line growth in terms of realisations for a lot of ferrous players will continue to gain traction in the next year and a half as […]

‘Cement and road construction companies to stay on our watchlist’ – ET Infra Read More »

Jindal Steel & Power MD on expansion plans, capex and more – ET Infra

Bimlendra Jha, MD, JSPL, says “we have said that at any point of time our debt cannot exceed 1.5 times our EBITDA. We are currently at a very low debt level, so there is a lot of internal accrual that we expect to fund our expansions. We are being very conservative about it and it

Jindal Steel & Power MD on expansion plans, capex and more – ET Infra Read More »

India needs 12% growth; if China could do it, why can’t we, asks AM Naik – ET Infra

AM Naik, Group Chairman, L&T, says “the rate of growth has to be in double digits. For 20 years, China has grown in double digits. They may be in single digits now but they have done it. 45 years ago, China was compared with India, today they are competing with the US. That is the

India needs 12% growth; if China could do it, why can’t we, asks AM Naik – ET Infra Read More »

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