Shri Amitava Mukherjee CMD (Addl. Charge) and Director (Finance), NMDC LTD.
Can you shed some light on your competitive landscape?
India produced about 258 Million Tonne of iron ore in FY 23 and is expected to produce 285-290 Million Tonne of iron ore in FY 24. The estimated domestic production of iron ore in Q1 of FY 24 is around 72.5 Million Tonne, which is 13 per cent higher compared to CPLY.
NMDC is the largest Iron ore Producer in the country producing over 40 MTPA of iron ore. NMDC has produced 10.7 Million Tonne of Iron ore in Q1 of FY 24, which is about 20 per cent higher compared to CPLY. The state-owned Odisha Mining Corporation (OMC), has produced about 32 Million Tonne of iron ore in FY 23 whereas in Q1 it is estimated to have produced about 5.7 Million Tonne of iron ore (lower by about 10 per cent) as against 6.3 Million Tonne of iron ore in the Q1 of CPLY, mainly on account of sluggish sales of iron ore.
In terms of Steel production, the crude steel production of the country for FY 23 stood at about 126 Million Tonne, which is around 5 per cent higher than the previous year. In the ongoing financial year, the steel sector continues to grow strongly, as India has produced about 45.3 Million Tonne of crude steel from April-Jul 23, which is about 11 per cent higher compared to CPLY.
Bu hikaye Dalal Street Investment Journal dergisinin August 14, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Dalal Street Investment Journal dergisinin August 14, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
How Good Are The Blue Chip Funds?
In the deep blue ocean of the Indian stock market, where volatility reigns supreme, investors often seek safe harbours. In such a scenario, can blue chip mutual funds emerge as a promising option for delivering better risk-adjusted growth? Vardan Pandhare explores
Multi-Asset Funds: A Comprehensive Solution For Diversified Investing
The Indian mutual fund industry has experienced remarkable growth, mirroring the nation's economic expansion and the corresponding transition of savings into financial assets.
Thematic PSU Funds: Value For Money
From the fun of theme parties to the depth of thematic investing, explore how focusing on specific themes can shape your investment journey. Various investment themes are trending these days, with thematic PSU funds being one of them. Rakesh Deshmukh takes a closer look at the scenario
5 BEST Dividend Yielding Stocks
Historically, the portfolio of companies that have paid higher dividend yield has performed better than the broader market equity indices. And this becomes evident from the fact that the calendar year return of these indices shows that out of 15 years of study, in 7 years, Nifty Dividend Opportunities 50 has outperformed Nifty 500. The article examines the phenomenon while also listing the five best dividend-yielding stocks
"Innovation And Capacity Building Are Central To CPCL's Organizational Development & Long-Term Success"
Interview - Shri Arvind Kumar, Managing Director, Chennai Petroleum Corporation Ltd.
BEL: Celebrating 70 Years of Excellence
Bharat Electronics Limited started with humble beginnings and is now a global powerhouse that is constantly broadening its horizons while enhancing its efforts for more in-house developments. In this interview, Bhanu Prakash Srivastava, Chairman and Managing Director, BEL, talks about the extraordinary journey of the company and the strategies that it is presently implementing to expand its products and technologies within and outside the defence sector
PSU Stocks Enjoy Their Moment Of Glory
After a phase of lacklustre performance under dark grey clouds, Indian public sector enterprises are now enjoying prime space in the sunshine, turning out to be smart bets in the Indian market. Primarily, this amazing turnaround has taken place due to the government's focus on infrastructure development in order to propel the nation towards the status of an economic powerhouse and also the revolutionary decisions taken by the managements of the PSUs. The article details the PSUs to understand their current status
Vodafone Idea YET TO ACHIEVE PROFITABLE CONNECTIVITY
Looking at the company's solvency and liquidity position, it has significant amount of liabilities which are greater than the assets, making the shareholders' equity negative
Eraaya Lifespaces Acquires Luxury Staycation Property And Commercial Retail Spaces
Eraaya Lifespaces' recent developments in its hospitality business showcase a robust strategy aimed at expansion and diversification
NIFTY Index Chart Analysis
NIFTY ERASES BEARISH BIAS