Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks
1 day, 17 hours ago

Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks

Live Mint  

Domestic metal and mining companies with strong volume track records, superior product mixes and near-term expansion plans are expected to hold fort against swings in global prices and geopolitical uncertainties in the remainder of FY25, experts said ahead of the December quarter earnings season. ICICI Securities expects improving domestic consumption growth in Q4 to support falling steel prices, provided imports remain low. “A weakness in Chinese demand, despite economic stimulus measures, has led to lower global steel prices, putting pressure on steel spreads," Aditya Welekar, senior metals and mining analyst at Axis Securities, told Mint. Flat steel prices fell ₹2,400–2,500 per tonne during the period due to weak domestic automobile demand, continued dumping of cheap flat steel from China and subdued exports. Since alumina prices shot up 38% and aluminium prices rose 8% on-quarter, upstream companies Hindalco and Nalco are expected to post solid revenue and margin growth in Q3, even though sales volume would remain flat on a sequential basis.

Global India China Supply Trump Prices Metal Demand Chinese Mint Expected Zinc Remain Hindalco Aluminium Nalco Novelis Jspl Supply Constraints Miners Likely Outshine Steel  zinc  jspl  q3  aluminium  global  remain  demand  metal  supply  picks  mixed  miners  likely  outshine  steel  expected  prices  hindalco

History of this topic

JSW Steel share price rebounds from intraday low after Q3FY25 update
4 days, 20 hours ago

JSW Steel share price rebounds from intraday low after Q3FY25 update

Live Mint  

Stock Market today: JSW Steel share price rebounded from intraday low after company released Q3FY25 update. The JSW Steel share price thereafter while dipped to intraday lows of ₹880.45 as the benchmark indices also saw selling pressure intensify. However business updates announced by the company meant that JSW steel share price bounced to ₹894.95 levels, marking gains of 1.6% from …

Five contrarian stocks that could surprise the Indian stock market in 2025
1 week, 1 day ago

Five contrarian stocks that could surprise the Indian stock market in 2025

Live Mint  

As we approach 2025, investors are bracing for another year of market uncertainty, with traditional strategies often falling short in unpredictable conditions. The management said ITC Hotels will be listed on stock exchanges within 60 days after obtaining the National Company Law Tribunal order dated 16 December 2024. HUL’s brands are available in more than 8 million stores across India, …

Dolly Khanna picks stake in this small-cap metal stock in Q3; shares rally nearly 5%
1 week, 1 day ago

Dolly Khanna picks stake in this small-cap metal stock in Q3; shares rally nearly 5%

Live Mint  

Dolly Khanna portfolio stock: Shares of small-cap metal company Indian Metals & Ferro Alloys surged nearly 5% in early morning trade on Monday, January 6, after ace investor Dolly Khanna's name appeared in the December quarter shareholder pattern. According to the latest shareholding pattern update, Khanna picked up 6,23,464 shares of Indian Metals & Ferro Alloys, representing a 1.16% stake …

Outlook 2025: Tata Steel, JSW, JSPL, SAIL others; Improvement in domestic steel prices hold key
2 weeks, 6 days ago

Outlook 2025: Tata Steel, JSW, JSPL, SAIL others; Improvement in domestic steel prices hold key

Live Mint  

Outlook 2025: The returns for investors by steel stocks during 2024 have remained a mixed bag. Range bound steel prices The mixed bag returns by Steel manufacturers have been led by range bound steel prices in the domestic markets, though steel demand in the country has remained good. The weak China demand has been the reason as it meant higher …

Steel Authority Of India Share Price Today on 29-11-2024: Steel Authority Of India share price are up by 0.39%, Nifty up by 0.84%
1 month, 2 weeks ago

Steel Authority Of India Share Price Today on 29-11-2024: Steel Authority Of India share price are up by 0.39%, Nifty up by 0.84%

Live Mint  

Steel Authority Of India Share Price Today on 29-11-2024: At 29 Nov 11:27 today, Steel Authority Of India shares are trading at price ₹116.75, 0.39% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA …

Jsw Steel Share Price Today on 28-11-2024: Jsw Steel share price are down by -0.5%, Nifty down by -0.71%
1 month, 2 weeks ago

Jsw Steel Share Price Today on 28-11-2024: Jsw Steel share price are down by -0.5%, Nifty down by -0.71%

Live Mint  

Jsw Steel Share Price Today on 28-11-2024: At 28 Nov 11:20 today, Jsw Steel shares are trading at price ₹964, -0.5% down from the previous closing price. On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at …

Steel Authority Of India Share Price Today on 28-11-2024: Steel Authority Of India share price are up by 0%, Nifty down by -0.59%
1 month, 2 weeks ago

Steel Authority Of India Share Price Today on 28-11-2024: Steel Authority Of India share price are up by 0%, Nifty down by -0.59%

Live Mint  

Steel Authority Of India Share Price Today on 28-11-2024: At 28 Nov 11:17 today, Steel Authority Of India shares are trading at price ₹116.3, 0% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA …

Jsw Steel Share Price Today on 27-11-2024: Jsw Steel share price are up by 0.15%, Nifty up by 0%
1 month, 2 weeks ago

Jsw Steel Share Price Today on 27-11-2024: Jsw Steel share price are up by 0.15%, Nifty up by 0%

Live Mint  

Jsw Steel Share Price Today on 27-11-2024: At 27 Nov 11:15 today, Jsw Steel shares are trading at price ₹965.35, 0.15% up from the previous closing price. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 951.39 10 …

Jsw Steel Share Price Today on 26-11-2024: Jsw Steel share price are up by 0.73%, Nifty down by -0.03%
Top News
1 month, 2 weeks ago

Jsw Steel Share Price Today on 26-11-2024: Jsw Steel share price are up by 0.73%, Nifty down by -0.03%

Live Mint  

Jsw Steel Share Price Today on 26-11-2024: At 26 Nov 11:02 today, Jsw Steel shares are trading at price ₹960.3, 0.73% up from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at …

Jsw Steel Share Price Today on 25-11-2024: Jsw Steel share price are down by -1.92%, Nifty up by 1.78%
Top News
1 month, 2 weeks ago

Jsw Steel Share Price Today on 25-11-2024: Jsw Steel share price are down by -1.92%, Nifty up by 1.78%

Live Mint  

Jsw Steel Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Jsw Steel shares are trading at price ₹958.05, -1.92% down from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at …

Steel Authority Of India Share Price Today on 25-11-2024: Steel Authority Of India share price are up by 2.44%, Nifty up by 1.69%
1 month, 2 weeks ago

Steel Authority Of India Share Price Today on 25-11-2024: Steel Authority Of India share price are up by 2.44%, Nifty up by 1.69%

Live Mint  

Steel Authority Of India Share Price Today on 25-11-2024: At 25 Nov 11:13 today, Steel Authority Of India shares are trading at price ₹115.45, 2.44% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA …

Steel Authority Of India Share Price Today on 22-11-2024: Steel Authority Of India share price are up by 1.76%, Nifty up by 1.23%
1 month, 3 weeks ago

Steel Authority Of India Share Price Today on 22-11-2024: Steel Authority Of India share price are up by 1.76%, Nifty up by 1.23%

Live Mint  

Steel Authority Of India Share Price Today on 22-11-2024: At 22 Nov 12:41 today, Steel Authority Of India shares are trading at price ₹112.55, 1.76% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving …

Steel Authority Of India Share Price Today on 22-11-2024: Steel Authority Of India share price are up by 1.04%, Nifty up by 0.71%
1 month, 3 weeks ago

Steel Authority Of India Share Price Today on 22-11-2024: Steel Authority Of India share price are up by 1.04%, Nifty up by 0.71%

Live Mint  

Steel Authority Of India Share Price Today on 22-11-2024: At 22 Nov 11:42 today, Steel Authority Of India shares are trading at price ₹111.75, 1.04% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, …

Steelmakers warn of Q3 revenue drop, pin hopes on Q4 rebound
1 month, 3 weeks ago

Steelmakers warn of Q3 revenue drop, pin hopes on Q4 rebound

Live Mint  

For India's steelmakers facing the lowest prices in the last four years, things may get worse before they get better. In September, benchmark hot-rolled coil prices fell to an average of ₹48,029 per tonne, slipping below the ₹50,000-per-tonne-mark for the first time since November 2020, according to data from BigMint, a market intelligence firm. Consequently, Narendran expects Tata Steel’s average …

Steel companies may see hiked demand, better margins in Q3FY25: Centrum report
1 month, 3 weeks ago

Steel companies may see hiked demand, better margins in Q3FY25: Centrum report

Live Mint  

New Delhi, November 19 : Steel companies may see improved demand and better margins in quarter three of the current fiscal year, according to a report by Centrum. The report adds that net debt for steel companies has increased overall by an average of 6-20 per cent QoQ in Q2FY25 due to ongoing capex expansion. For non-ferrous, aluminium and zinc, …

Jsw Steel Share Price Today on 12-11-2024: Jsw Steel share price are down by -2.28%, Nifty down by -1.07%
2 months ago

Jsw Steel Share Price Today on 12-11-2024: Jsw Steel share price are down by -2.28%, Nifty down by -1.07%

Live Mint  

Jsw Steel Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Jsw Steel shares are trading at price ₹956.4, -2.28% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Steel Authority Of India Share Price Today on 12-11-2024: Steel Authority Of India share price are down by -1.51%, Nifty down by -1.07%
2 months ago

Steel Authority Of India Share Price Today on 12-11-2024: Steel Authority Of India share price are down by -1.51%, Nifty down by -1.07%

Live Mint  

Steel Authority Of India Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Steel Authority Of India shares are trading at price ₹114.15, -1.51% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, …

Hindalco shares gain 2% after beating estimates in Q2 report: Should you buy?
2 months ago

Hindalco shares gain 2% after beating estimates in Q2 report: Should you buy?

India Today  

Shares of Hindalco rose by 2.6% on Tuesday, reaching a high of Rs 672.20 on the Bombay Stock Exchange, following strong financial resulyts for Q2 FY25. The profit surge was largely driven by strong operational performance in Hindalco’s India business, favourable market conditions, and effective cost control measures. The brokerage highlighted the strong Q2 performance across Hindalco’s India operations and …

Jsw Steel Share Price Today on 11-11-2024: Jsw Steel share price are down by -1.64%, Nifty down by -0.03%
2 months ago

Jsw Steel Share Price Today on 11-11-2024: Jsw Steel share price are down by -1.64%, Nifty down by -0.03%

Live Mint  

Jsw Steel Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Jsw Steel shares are trading at price ₹980.55, -1.64% down from the previous closing price. On the technical front, the stock is trading above the 10,20,50,100,300 days SMA & lower than the 5 day SMA. The stock will have support at 10,20,50,100,300 days SMA & face resistance at …

Steel Authority Of India Share Price Today on 11-11-2024: Steel Authority Of India share price are down by -2.07%, Nifty down by -0.03%
2 months ago

Steel Authority Of India Share Price Today on 11-11-2024: Steel Authority Of India share price are down by -2.07%, Nifty down by -0.03%

Live Mint  

Steel Authority Of India Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Steel Authority Of India shares are trading at price ₹115.9, -2.07% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, …

Multibagger Shyam Metalics share price drops 14% from all-time high amid Q2 results, profit booking. Should you buy?
2 months ago

Multibagger Shyam Metalics share price drops 14% from all-time high amid Q2 results, profit booking. Should you buy?

Live Mint  

Multibagger stock Shyam Metalics share price continued to decline for the second consecutive session on Friday after the release of its Q2 results, which revealed a 55% drop in net profit to ₹216 crore for the quarter ending September 2024, despite solid revenue growth. The decline in profits for the quarter was attributed by the company to an adjustment of …

Jsw Steel Share Price Today on 08-11-2024: Jsw Steel share price are up by 0.69%, Nifty down by -0.21%
2 months ago

Jsw Steel Share Price Today on 08-11-2024: Jsw Steel share price are up by 0.69%, Nifty down by -0.21%

Live Mint  

Jsw Steel Share Price Today on 08-11-2024: At 08 Nov 16:01 today, Jsw Steel shares are trading at price ₹996.85, 0.69% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Tata Steel Share Price Today on 08-11-2024: Tata Steel share price are down by -2.22%, Nifty down by -0.21%
2 months ago

Tata Steel Share Price Today on 08-11-2024: Tata Steel share price are down by -2.22%, Nifty down by -0.21%

Live Mint  

Tata Steel Share Price Today on 08-11-2024: At 08 Nov 16:01 today, Tata Steel shares are trading at price ₹147.55, -2.22% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hindustan Zinc share price declines 7.5% as OFS for 2.5% stake by government starts today
2 months, 1 week ago

Hindustan Zinc share price declines 7.5% as OFS for 2.5% stake by government starts today

Live Mint  

Stock Market Today: Hindustan Zinc share price declined more than 7% in the morning trade on Wednesday, November 6 as the offer for sale of a 2.5% stake by the government kicked off today. Hindustan Zinc share price opened at ₹520.85 on the BSE on Thursday, almost 7% lower than the previous closing price of ₹559.45. Hindustan Zinc share price …

Hindustan Zinc: Riding the Wave of Silver and Zinc Prices
2 months, 3 weeks ago

Hindustan Zinc: Riding the Wave of Silver and Zinc Prices

Live Mint  

Silver and zinc prices have surged in recent months, with silver reaching a record high of $100,000 per kg. However, the best time to invest in silver at this level is uncertain. Investors should consider companies positioned to benefit from rising silver prices, such as Hindustan Zinc, which is a leading producer of both metals. The stock has recently trended …

Hindalco shares gain 2% post Q2 results; brokerages express mixed views
1 year, 2 months ago

Hindalco shares gain 2% post Q2 results; brokerages express mixed views

Live Mint  

Hindalco share price gained 2% on Monday's trading session following Hindalco's Q2 results, where the company announced in-line or flat profit for September quarter and brokerages expressed mixed views on Q2 earnings. Aluminium India downstream business Ebitda increased 16% sequentially due to higher volumes," said Satish Pai, managing director, Hindalco Industries. Let's see what the brokerage has to say about …

Hindalco Q2 results today: Here’s what brokerages expect
1 year, 2 months ago

Hindalco Q2 results today: Here’s what brokerages expect

Live Mint  

Hindalco Industries Ltd is likely to report its performance for domestic operations today. The Copper business is Kotak institutional Equities estimate Aluminium sales volume to come at 3,50,000 tonne up 4% sequentially and match the year ago volume numbers. As per Kotak estimates India Earnings before interest tax depreciation and amortisaton at around ₹2400 Crore will rise 15% year on …

Tata Steel CEO says prices to ease in Q2
1 year, 5 months ago

Tata Steel CEO says prices to ease in Q2

The Hindu  

India’s Tata Steel Ltd. expects lower steel prices in the July-September quarter in India and Europe, aided by a fall in the prices of coking coal, a key raw material, its chief executive and managing director said on July 25. The company, backed by India’s Tata Group, sees Indian steel industry prices in line with prices globally and not impacted …

Tata Steel shares rise after Q1 results 2023. Do you own?
1 year, 5 months ago

Tata Steel shares rise after Q1 results 2023. Do you own?

Live Mint  

Tata Steel share price recovered from early losses on Tuesday to trade over a percent higher after the company reported Q1 result in-line with analysts’ estimates. Tata Steel reported a 92% year-on-year drop in its consolidated net profit for the fiscal first quarter ended June 2023 at ₹525 crore, primarily due to weak performance of its Europe operations. The company's …

Sensex ends 215 pts lower; Adani Ent, Kotak, Axis lag; Bajaj twins jump
1 year, 6 months ago

Sensex ends 215 pts lower; Adani Ent, Kotak, Axis lag; Bajaj twins jump

Live Mint  

Domestic equity benchmarks remained in the red for most of the session with Sensex and Nifty dropping around 0.35% in today's session. Indices remain under pressure after a firm start as Sensex falls more than 150 pts and Nifty around 50 pts; Bajaj twins shine, while Kotak Bank drags View Full Image Sensex at Noon Coal India OFS: Government to …

Tata Steel, SAIL, JSW Steel, JSPL: Top metal stocks to buy or hold
1 year, 10 months ago

Tata Steel, SAIL, JSW Steel, JSPL: Top metal stocks to buy or hold

Live Mint  

Domestic steel demand is expected to maintain a growth of 6%-7% with higher outlay on infrastructure and impetus by the government, as per brokerage and research firm Antique Stock Broking which believes that Indian steel exports might see uptick, to fill the demand gap created by disruptions effected by earthquake in Turkey. The brokerage house has maintained its BUY rating …

Jindal Steel net profit falls 67% to ₹519 cr in Q3, revenue dip 0.57%
1 year, 11 months ago

Jindal Steel net profit falls 67% to ₹519 cr in Q3, revenue dip 0.57%

Live Mint  

Jindal Steel on Tuesday reported 67.9 per cent decline in consolidated net profit to ₹518.67 crore for the December 2022 quarter. The consolidated revenue from operations declined by 0.57 per cent to ₹12,452.44 crore as against ₹12524.86 crore in the corresponding quarter last fiscal. Much awaited pick up in construction demand started towards the end of the quarter leading to …

Hindustan Zinc Q3 net profit at ₹2,156 crore; co declares dividend of ₹13
1 year, 11 months ago

Hindustan Zinc Q3 net profit at ₹2,156 crore; co declares dividend of ₹13

Live Mint  

Hindustan Zinc, a subsidiary of Vedanta, on Thursday reported a consolidated net profit of ₹2,156 crore for the December quarter, which is 20% lower than ₹2,701 crore reported in the year-ago period. “Hindustan Zinc delivered best-ever 9 months refined metal on the back of highest ever mined metal. In FY22, we reached the one million tonne mined metal landmark, and …

Steel makers see fall in prices; opportunities emerge in export markets
2 years, 4 months ago

Steel makers see fall in prices; opportunities emerge in export markets

Live Mint  

Operating conditions for steel manufacturers have deteriorated with a further fall in steel prices and rising coking coal prices. Domestic hot-rolled coil prices fell by Rs700 per tonne week-on-week to Rs55,200 per tonne, said a report by Nomura Financial Advisory and Securities dated 12 September quoting SteelMint. “Our channel checks indicate that dealers are adopting a cautiously optimistic approach towards …

Steel Stocks: Tata Steel Down 14%, JSW Hits Lower Circuit; What Are They Falling Today?
2 years, 7 months ago

Steel Stocks: Tata Steel Down 14%, JSW Hits Lower Circuit; What Are They Falling Today?

News 18  

Though the market started on a strong footing despite mixed cues from Asian markets, metal stocks were under tremendous pressure on Monday. Shares of steel companies fell up to 14 per cent on the BSE in Monday’s trade, after the government levied export duty on 11 iron and steel intermediates and key steel products. Top Metal Names Bleed Top metal …

Stock Recommendation: Buy These Two Metal Stocks For Up to 16% Gains in Short Term
2 years, 9 months ago

Stock Recommendation: Buy These Two Metal Stocks For Up to 16% Gains in Short Term

News 18  

Metal stocks are on a surge as traders bet on a further run-up in commodity prices on expectations that supply disruptions from Russia following economic sanctions from Western powers will choke supplies. The nifty Metal index has continuously set fresh all-time highs in recent weeks as commodity prices soar higher and investors rush towards metal stocks to capitalise on the …

Steel firms to start 2020 on dull note
5 years, 1 month ago

Steel firms to start 2020 on dull note

The Hindu  

Indian steel players led by Tata Steel, JSW Steel and Jindal Steel and Power Limited, are likely to start the new decade on a negative footing as the profitability will further weaken due to softening demand, falling steel prices and rising prices of iron ore, a key raw material. The growth pace of India’s steel demand is likely to slow …

India steel demand is holding up well against a sluggish global growth
5 years, 9 months ago

India steel demand is holding up well against a sluggish global growth

Live Mint  

Demand for steel has been resilient. Provisional figures compiled by analysts show a 7.5% rise in FY19 sales, making India one of the fastest-growing steel markets among large economies. According to SBICAP Securities, demand for long steel products increased 9.6% during the April 2018-February 2019 period. With automobile sales decelerating further in recent months, the fear is that a prolonged …

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