Steel Authority of India Ltd - Weak Q2, Rising Leverage Raises Concern
Management expects Net Debt to come down to Rs 30,000 Cr by FY25 end as it expects to pick up sales volume in H2FY25 post the weak H1FY25 performance.
252 Views
Top Sector Ideas - Metals and Mining (Q1FY25)
Overall consolidated revenue stood largely in line with consensus (up 8% YoY, 2% QoQ), while reported EBITDA grew by 31%/11% YoY/QoQ
235 Views
Sail - Downgrade to HOLD Amidst Weak Steel Prices and Rising Debt
Spreads to contract in Q2FY25: Blended coking coal consumption cost fell to Rs 23,000/t in Q1 and will be flat QoQ in Q2.
240 Views
Metals - Q1FY25 Earnings Preview
For Steel companies under our coverage, EBITDA/t is expected to increase on a YoY basis, led by higher metal sales volumes YoY and lower coking...
325 Views
Top Sector Ideas - Metals and Mining Q4FY24
Overall consolidated revenue stood largely inline (flat YoY, up 6% QoQ), while reported EBITDA grew by 24%/14% YoY/QoQ (10% beat vs. our estimates)
363 Views