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Coalmine auction an opportunity for domestic sponge iron units: Analysts
Sponge iron plants could shift to new technology on availability of coal
Tata Sponge Q3 consolidated net profit falls 25.5% to Rs 26.81 crore
The company had posted a profit of Rs 36 crore in the corresponding quarter of previous fiscal
CCI approves Tata Sponge Iron's acquisition of Usha Martin's steel business
Deals beyond a certain threshold require approval from the Competition Commission of India
Tata Sponge Iron to acquire Usha Martin's steel business for up to Rs 47 bn
Tata Group company had announced the execution of definitive agreements for the acquisition of the steel business of UML through a slump sale on a going concern basis
Tata Sponge Odisha plant gets green nod to raise capacity to 425,000 tonnes
Tata Sponge Iron produced a record 3,90,000 tonnes of sponge iron during 2016- 17
Higher sponge iron prices to bolster Tata Sponge's earnings
Sponge iron prices have appreciated by Rs 3,800 per tonne since February this year
Tata Sponge Iron hits 52-week high on FII buying
The stock rallied 10% to Rs 717 on the NSE in intra-day trade
