RHI Magnesita India Ltd. News and Updates

Name: Latest research reports of RHI Magnesita India Ltd. authored by CD Equisearch and published by - Trendlyne research reports.
Item: RHI Magnesita India Ltd.
Rating: 4
Author: CD Equisearch

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RHI Magnesita India Ltd.

23 Aug 2017

479.05

0.75%

Orient Refractories Ltd

Accumulate: RHI Magnesita India Ltd.

Target

CD Equisearch

Higher utilization rate of the steel sector on account of ~38% de growth in finished steel imports and rising exports (up by 102%) according to Joint Plant Committee in the last fiscal amplified the demand for...

RHI Magnesita India Ltd. is trading below its 200 day SMA of 494.5

RHI Magnesita India Ltd.

13 Feb 2017

479.05

0.75%

Orient Refractories Ltd

Accumulate: RHI Magnesita India Ltd.

CD Equisearch

Growing at an expeditious pace in the current fiscal, the Indian steel production has seen one of the best growth rates in atleast last five years (10.5% in 9mFY17) on account of production cut by China and import reduction. This has proved propitious for the refractory market in India which is highly correlated with the steel production and demand. The dubiety in the market brought by the phasing out of high value currency impacted the revenues of ORL in the last quarter (though lower than expected) +11.3% (y-o-y) in Q3FY17 vs 19.2% (y-o-y) in H1FY17....

RHI Magnesita India .. has an average target of 625.00 from 2 brokers.

RHI Magnesita India Ltd.

08 Feb 2017

479.05

0.75%

Orient Refractories (125.1)

Business Line

Investors with a short-term horizon can consider buying the stock of Orient Refractories at current levels. The stock has made an upward breakthrough of a medium-term sideways consolidation phase...

RHI Magnesita India Ltd. is trading above its 150 day SMA of 468.6

Today's Pick: Orient Refractories (English) by Lavanya Prabhakaran

Business Line | 08 Feb 2017

RHI Magnesita India Ltd.

01 Feb 2017

479.05

0.75%

Broker's Call: Orient Refractories

Business Line

AnandRathiOrient Refractories (Buy)CMP: 117Target: 170Orient Refractories Limited, an ISO 9001 quality certified company, is engaged in the business of manufacturing and selling of refractories and...