financetom
Market
financetom
/
Market
/
Expect sales over Rs 600 crore in FY19, says Sandur Manganese
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Expect sales over Rs 600 crore in FY19, says Sandur Manganese
Mar 25, 2018 9:09 PM

Sandur Manganese and Iron Ores is the stock on radar as there has been an enhancement of annual production in manganese ore in one of their mining leases.

In an interview to CNBC-TV18, K Raman, Director Finance at Sandur Manganese said that manganese ore capacity has been enhanced from 7,400 to 32,000 tonne in one of our mines.

Talking about prices, he said iron ore prices were low in February 2018 in-line with NMDC price cut.

On numbers front, he said that in FY18, sales will be approximately Rs 540 crore and expect sales in FY19 at over Rs 600 crore.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kohl's, Oracle And 3 Stocks To Watch Heading Into Tuesday
Kohl's, Oracle And 3 Stocks To Watch Heading Into Tuesday
Mar 12, 2024
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Kohl's Corporation to report quarterly earnings at $1.28 per share on revenue of $5.70 billion before the opening bell, according to data from Benzinga Pro. Kohl's shares gained 0.2% to $27.25 in after-hours trading....
Japan's Nikkei slips as traders weigh US CPI, expected BOJ pivot
Japan's Nikkei slips as traders weigh US CPI, expected BOJ pivot
Mar 12, 2024
(Updates with closing levels) By Brigid Riley TOKYO, March 12 (Reuters) - Japan's Nikkei share average extended declines on Tuesday as investors made adjustments ahead of U.S. inflation data and weighed stronger expectations that the Bank of Japan (BOJ) could make an historic policy shift next week. The Nikkei closed 0.1% lower at 38,797.51, rebounding from broad losses in the...
BofA lifts 2024 S&P 500 profit forecast as AI enters 'virtuous cycle'
BofA lifts 2024 S&P 500 profit forecast as AI enters 'virtuous cycle'
Mar 12, 2024
(Reuters) - BofA Global Research raised its earnings forecast for the S&P 500 on Tuesday, projecting a 12% increase in profit for the companies in the benchmark index this year. The brokerage raised its 2024 earnings per share (EPS) forecast for the index companies to $250 from the previously expected $235. BofA strategists said that 2023 was a transition year...
South Korean shares hit more than 21-month high as battery makers rally
South Korean shares hit more than 21-month high as battery makers rally
Mar 12, 2024
* KOSPI rises, foreigners net sellers * Korean won little changed against dollar * South Korea benchmark bond yield steady * For the midday report, please click SEOUL, March 12 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares rose on Tuesday, led by battery makers, to hit their highest in more than 21 months. ** The...
Copyright 2023-2025 - www.financetom.com All Rights Reserved