Positive News for the Steel Sector: STEEL: CARE Research expects profit margin of Indian steel companies to improve in 2013-14 (Apr-Mar) on the back of a fall in iron ore prices. Steel consumption in the country grew just 3.3% to 73.3 ml n tn in 2012-13 on subdued demand.
Positive News for the HIGHWAYS and Power Sector: The NHAI will award 4,000 km orders on EPC basis in 2013-14 (Apr-Mar). And the CCEA is likely to take up the is sue of coal price pooling on Apr 16. IVRCL Ltd: Rs.18.80.