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(SESA)Sesa Sterlite Limited is India's largest producer and exporter of iron ore in the private sector (except in FY13) and a subsidiary of Vedanta Resources Plc., the London listed FTSE 100 diversified metals and mining major. Sesa also produces pig iron and metallurgical coke and provides proprietary technology in met coke manufacturing. Sesa is also developing the Western Cluster iron ore project in Liberia. Sesa holds 20% interest in Cairn India Limited, India's second largest private sector upstream oil company (by reserves).
| American Depository Receipts | Jul 24, 2017 | ||
|---|---|---|---|
| Price (US$)16.81 | Open (US$)16.63 | High (US$)17.34 | Low (US$)9.23 |
| % Change-0.77 | Volume503,480 | Value (US$)5,250,520 | 52-Week H/L11.01 / 3.52 |
Operating profit declined by 39.2% YoY on the back of higher provisions for pending wage negotiations and one-time provision for grade slippage claims.
Coal India has reported an increase of 4.2% YoY in the topline while the bottomline has declined by 20.3% YoY.
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The Income Tax return filing deadline is drawing near; if you have not already filed your taxes, here's how to do it.
When you're selling an immoveable property, it becomes imperative to recognise the intricate tax implications.
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