Godawari Power and Ispat Limited is engaged in the business of manufacturing and trading of iron ore pellets, sponge iron, steel billets, hard bright (HB) wires and generation of power. The company’s main business segments include steel and electricity. It is also an end-to-end manufacturer of mild steel wires, ferroalloys, captive power, wires rods, steel wires, oxygen gas, and fly ash brick. The geographic business operations segments of the company include both domestic and international markets. It offers ferroalloys which include silico manganese. Through its subsidiaries, the company has been operating a ferroalloys manufacturing plant with capacity of nearly 52,200 metric tons (MT) and also captive thermal power generation of 20 MW. In addition, it has an 8 MW biomass power plant with over 50 MW solar thermal power plant in Rajasthan. The company also has a 0.6 million ton pellet capacity plant in Orissa.
Industry Overview
By the end of 2020, India’s labour force is expected to reach 160-170 million based on the current rate of population growth and increased labour force participation. Looking at the global steel sector scenario, from January-October 2019, world crude steel production reached around 1,541.77 million tons and has shown a growth of 3.2 per cent over the same period of the previous calendar year. China continued to remain the world’s largest crude steel producer during the same period (829.21 million tons) followed by India (93.31 million tons), Japan (83.79 million tons) and the US (74.07 million tons). As for the sector’s performance domestically, the Indian steel industry entered into a new development stage post-de-regulation on the basis of resurgent economy and rising demand for steel.
هذه القصة مأخوذة من طبعة January 20, 2020 - February 02, 2020 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 20, 2020 - February 02, 2020 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
