ArcelorMittal, the world's second-largest steel company, has reportedly cautioned the British government that a planning decision expected this week could result in a crucial division exiting the United Kingdom, media reports suggested on Monday. Quoting a letter from ArcelorMittal addressed to Michael Gove, the Secretary for Levelling Up.
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JSW Infra‘s share price was down in the red on Monday going down around 4% to hit an intraday low of ₹248.20. JSW Infra reported a net profit of ₹330 crore for the March quarter, marking a 10% increase from the ₹300 crore posted in the same quarter last year. Revenue from operations for the quarter reached ₹1,096 crore, up approximately 20% from the ₹915.30 cr.
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Shares of Inox Green Energy Services are down in a lower circuit of 5% on Monday after the company reported a 7.8% decline in its revenue for the January-March quarter when compared to the same quarter last year. Earnings Before Interest, Tax, Depreciation and Amortisation fell 20.7% year-on-year to ₹11.5 crore. Margin also fell by over 350 basis points to 21.9% from 25.5% last year.
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