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    APL Apollo Tubes Ltd.
    17 Jun 2024
    1676.20
    -0.40%
    NCLAT orders NCLT to hear afresh insolvency plea by APL Apollo Tubes
    Business Standard
    The National Company Law Appellate Tribunal (NCLAT) has directed the NCLT to hear afresh the insolvency plea filed by APL Apollo Tubes against one of its purchasers of goods. A two-member bench came down heavily on the Bengaluru bench of the National Company Law Tribunal (NCLT) for rejecting claims of APL Apollo Tubes on the "hypothetical interpretation". The NCLAT said the tribunal "should refrain from stepping into the shoes of a litigating party by substituting their own finding in the absence of there being any pleading evidence". The appellate tribunal has directed the NCLT to make all efforts to decide proceedings as expeditiously as possible. The NCLAT order came over a petition filed by APL Apollo Tubes against an order of the NCLT, which, on September 9, 2019, dismissed its insolvency plea filed as an operational creditor against Tanisha Scaffolding. Tanisha Scaffolding was engaged in marketing the products manufactured by APL Apollo Tubes. Some amount against supplies wa
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    APL Apollo Tubes Ltd. has an average target of 1905.80 from 5 brokers.
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    APL Apollo Tubes Ltd.
    11 Jun 2024
    1676.20
    -0.40%
    APL Apollo Tubes - An Ideal Proxy To Strong Construction Demand; Yes Securities Initiates Coverage With A Buy
    APL Apollo Tubes - An Ideal Proxy To Strong Construction Demand; Yes Securities Initiates Coverage With A Buy
    NDTV Profit
    New capacities to fast-track growth
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    APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1612.3
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    APL Apollo Tubes Ltd.
    10 Jun 2024
    1676.20
    -0.40%
    APL Apollo Tubes' Promoter Entity Pares 1% Stake For Rs 485 Crore
    APL Apollo Tubes' Promoter Entity Pares 1% Stake For Rs 485 Crore
    NDTV Profit
    The promoter sold the shares at an average price of Rs 1,618.80, taking the deal size to Rs 485.64 crore.
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    APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1612.3
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    APL Apollo Tubes Ltd.
    08 Jun 2024
    1676.20
    -0.40%
    APL Apollo Tubes' promoter entity pares 1% stake for 485 crore
    Business Line
    The shares were disposed of at an average price of 1,618.80, taking the deal size to 485.64 crore
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    APL Apollo Tubes Ltd. is trading below its 100 day SMA of 1712.3
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    Welspun Corp Ltd.
    03 Jun 2024
    878.15
    -0.57%
    Welspun Corp. Associate Bags Rs 3,670-Crore Contract From Aramco
    Welspun Corp. Associate Bags Rs 3,670-Crore Contract From Aramco
    NDTV Profit
    The duration of the contracts is 19 months, and the financial impact of the contracts will be reflected from the fourth quarter of the financial year 2024-25 to the last quarter of the financial year 2025-26.
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    Welspun Corp Ltd. is trading above its 200 day SMA of 830.6
    Welspun Corp's EPIC secures 3,670 crore deal with Aramco for steel pipes supply
    Business Line | 03 Jun 2024
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    JTL Industries Ltd.
    03 Jun 2024
    73.62
    -1.58%
    JTL Industries completes Phase-I expansion at Nabha Steels, shares up
    Business Line
    This expansion aims to increase the production capacity of hot-rolled coils, supporting the production of electric resistance welded steel pipes
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    JTL Industries Ltd. has lost -33.12% in the last 1 Year
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    Welspun Corp Ltd.
    31 May 2024
    878.15
    -0.57%
    Welspun Corp Shares Fall After Q4 Operating Profit Declines
    Welspun Corp Shares Fall After Q4 Operating Profit Declines
    NDTV Profit
    The iron and steel producers' earnings before interest, tax, depreciation and amortisation, or Ebitda, fell 21.5% year-on-year to Rs 330 crore during the quarter ended March 2024.
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    Welspun Corp Ltd. has gained 27.11% in the last 1 Year
    S
    Suraj Ltd.
    28 May 2024
    321.45
    -0.02%
    AbleCredit raises seed funding led by Merak Ventures
    AbleCredit raises seed funding led by Merak Ventures
    Business Today
    The seed round was led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings (Suraj Nalin).
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    Suraj Ltd. has lost -20.98% in the last 6 Months
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    Surya Roshni Ltd.
    17 May 2024
    287.75
    1.14%
    Surya Roshni Q4 Results Review - The Lighting Segment Partially Offsets Steel Margin Pressure: Systematix
    Surya Roshni Q4 Results Review - The Lighting Segment Partially Offsets Steel Margin Pressure: Systematix
    NDTV Profit
    Fresh capex announced
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    Surya Roshni Ltd. is trading below its 30 day SMA of 292.4
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    JTL Industries Ltd.
    14 May 2024
    73.62
    -1.58%
    JTL Industries Review - Weak Q4 Inline With Expectations; Next Leg Of Capex To Drive Growth: Axis Securities
    JTL Industries Review - Weak Q4 Inline With Expectations; Next Leg Of Capex To Drive Growth: Axis Securities
    NDTV Profit
    Current demand outlook is sluggish; demand to pick up from H2 FY25
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    JTL Industries Ltd. is trading below all available SMAs
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