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Premal Madhavji's Top 3 picks: JSW Steel, Balkrishna Industries, Sundaram Finance

2014-09-17 08:30:35| Automakers - Topix.net

Summary JSW Steel stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average. The stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average.

Tags: top finance steel industries

 

Premal Madhavji's Top 3 picks: JSW Steel, Balkrishna Industries, Sundaram Finance

2014-09-17 08:10:56| Industrial Machines - Topix.net

Summary JSW Steel stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average. The stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average.

Tags: top finance steel industries

 
 

United States Steel Hits New 1-Year High at $41.20

2014-09-17 07:12:17| Steel - Topix.net

Shares of United States Steel hit a new 52-week high during trading on Tuesday , American Banking and Market News reports. The stock traded as high as $41.20 and last traded at $41.14, with a volume of 5,301,653 shares.

Tags: high united states united states

 

Axalta Launches Next Generation C5 Electrical Steel Varnish from Energy Solutions Voltatex

2014-09-17 07:00:00| Coatings World Breaking News

Tags: solutions energy generation steel

 

Tata Steel ties up with clutch of banks to raise $4 billion debt

2014-09-17 02:59:12| Steel - Topix.net

Tata steel, India's largest steel producer, has tied up foreign debt of nearly $4 billion from a clutch of foreign and state-owned bank s. The loan, designated in Euro and sterling pound, is aimed at refinancing the existing debt the company raised to acquire the UK-based steel company Corus Group Plc.

Tags: steel debt raise banks

 

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