May import iron ore if shortage sustains: Kalyani Steel

Written By Unknown on Kamis, 18 September 2014 | 15.45

RK Goyal, managing director, Kalyani Steel says the company is now functioning at 75 percent capacity utilization.

RK Goyal, managing director,  Kalyani Steel says the company hasn't yet started importing iron ore prices, but it might if the ore shortage owing to a shutdown of Jharkhand and Odisha mines continues.

Speaking to CNBC-TV18, Goyal says the company is now functioning at 75 percent capacity utilization.

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Kalyani Steels stock price

On September 18, 2014, at 14:15 hrs Kalyani Steels was quoting at Rs 149.20, up Rs 12.10, or 8.83 percent. The 52-week high of the share was Rs 152.90 and the 52-week low was Rs 42.55.


The company's trailing 12-month (TTM) EPS was at Rs 14.60 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 10.22. The latest book value of the company is Rs 91.13 per share. At current value, the price-to-book value of the company is 1.64.


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