Structural products manufacturer Renny Strips has taken its first formal step towards the capital markets and filed its draft prospectus with the capital markets Sebi India for an initial public offering. The Ludhiana-based company plans to raise up to Rs 300 crore through a fresh issue of shares, along with an offer for sale of […]
Nomura has repeated his bullish attitude towards the steel sector of India, with reference to a strong domestic demand and supporting global signals and called JSW Steel and Jindal Steel as top choices. The Brokerage increased its target price on JSW Steel to RS 1,300 from RS 1,220 and on Jindal Steel to RS 1,150 […]