Tata Steel, JSW Steel Q3 hurt by price erosion. Rebound on the horizon?
1 month, 3 weeks ago

Tata Steel, JSW Steel Q3 hurt by price erosion. Rebound on the horizon?

Live Mint  

Indian steel majors Tata Steel Ltd and JSW Steel Ltd experienced strong domestic demand in the December quarter, which helped offset a 12-13% drop in realization for both companies. JSW Steel recorded a similar performance, beating analysts’ estimates despite a 22% decline in its consolidated Ebitda, supported by 12% growth in volumes. A Kotak Institutional Equities report projects JSW Steel’s Ebitda per tonne to increase to ₹13,200 in FY27, along with 9% volume growth over FY24-27. From their respective 52-week highs, Tata Steel's share price has declined almost 30% with limited growth visibility, whereas JSW Steel has fared better with a decline of 12% as the outlook remains strong.

Steel Tata Lower Tata Steel Tonne Jsw Steel Jsw Ebitda Decline  strong  growth  rebound  hurt  erosion  q3  steel  price  horizon  tonne  steels  lower  tata  jsw  ebitda  decline

History of this topic

JSW Steel stock extends rally to 6th day, hits fresh all-time high. What’s fuelling this surge?
3 days, 17 hours ago

JSW Steel stock extends rally to 6th day, hits fresh all-time high. What’s fuelling this surge?

Live Mint  

Indian stock market: Metal stocks have become hot picks for investors amid the March rebound rally on Dalal Street, driven by multiple positive domestic and global factors, and outpaced the impact of the 25% tariffs on steel and aluminium announced by the Donald Trump administration. Jefferies, Fitch expect strong steel demand Global brokerage firm Jefferies currently factors in Indian steel …

Tata Steel share zooms after JP Morgan raises target price; Do you own?
2 weeks ago

Tata Steel share zooms after JP Morgan raises target price; Do you own?

Live Mint  

Tata Steel share price surged as much as 1.54 per cent on Thursday's trading session after brokerage firm JP Morgan raised the target price of the stock, while maintaining ‘overweight’ rating. JP Morgan positive on Tata Steel share price European steel spreads have surged 18 per cent quarter-on-quarter and over 60% on a spot basis compared to the Q3 average. …

JSW Steel shares touch 4-month high after production jumps 12% YoY in February
2 weeks, 3 days ago

JSW Steel shares touch 4-month high after production jumps 12% YoY in February

Live Mint  

JSW Steel, the flagship business of the diversified $24 billion JSW Group, saw its shares spike 1% in early morning trade on Monday, March 10, to a four-month high of ₹1,022 apiece after the company's consolidated crude steel production improved in February. In a filing to the exchanges on Friday, the company informed investors that its consolidated crude steel production …

Tata Steel share price jumps from today’s low after THIS update on ₹3,000 crore fundraising plan
1 month ago

Tata Steel share price jumps from today’s low after THIS update on ₹3,000 crore fundraising plan

Live Mint  

Stock market today: Steelmaker Tata Steel's share price rebounded in trade on Friday, February 21 to trade 2.5% higher over its previous close following an update regarding its ₹3,000 crore fundraising plan. Tata Steel announced via an exchange filing today that its Committee of Directors have approved the allotment of 3,00,000 non-convertible debentures, having a face value of ₹1,00,000 each …

These two metal stocks may withstand Donald Trump's steel, aluminium tariffs
1 month, 2 weeks ago

These two metal stocks may withstand Donald Trump's steel, aluminium tariffs

Live Mint  

MUMBAI : While Canada and Mexico will likely bear the brunt of Donald Trump's 25% import tax on steel and aluminium entering the US from 12 March, Indian producers with significant export revenues will also be affected, say experts. As of now, global aluminium and steel prices have remained relatively stable despite recent tariff threats, likely due to uncertainty about …

Q3 earnings: Maruti Suzuki shines, Tata Motors’ PAT declines by 22 per cent
1 month, 4 weeks ago

Q3 earnings: Maruti Suzuki shines, Tata Motors’ PAT declines by 22 per cent

New Indian Express  

MUMBAI: Two of India’s largest automakers – Maruti Suzuki and Tata Motors - reported their December quarterly earnings on Wednesday. While MSIL reported a healthy profit growth, Tata Motors, which also owns the luxury British brand Jaguar Land Rover, had a challenging quarter. Tata Motors reported a 22% year-on-year drop in consolidated net profit to Rs 5,451 crore in Q3FY25, …

Steel industry: Upcoming Budget Critical for India's Steel Industry Growth
1 month, 3 weeks ago

Steel industry: Upcoming Budget Critical for India's Steel Industry Growth

Live Mint  

The Indian steel industry will be looking for two key announcements from finance minister Nirmala Sitharaman in the upcoming Union budget – continued investment in infrastructure and a safeguard duty on the import of the alloy. Large domestic steelmakers including JSW Steel, Tata Steel, Jindal Steel & Power and ArcelorMittal Nippon Steel India are aggressively adding fresh capacities in anticipation …

Jindal Steel to Invest ₹70,000 Cr in Odisha
1 month, 3 weeks ago

Jindal Steel to Invest ₹70,000 Cr in Odisha

Deccan Chronicle  

Bhubaneswar: Jindal Steel and Power has announced an ambitious plan to invest additional Rs 70,000 crore in Odisha over coming years, reaffirming its commitment to the state’s sustainable industrial growth and community development. The announcement was made by JSP chairman Naveen Jindal at the ‘Utkarsh Odisha-Make in Odisha Conclave - 2025 held in Bhubaneswar, in the presence of Prime Minister …

Tata Steel reaffirms its long-term commitment to Odisha’s growth story
1 month, 3 weeks ago

Tata Steel reaffirms its long-term commitment to Odisha’s growth story

Deccan Chronicle  

Bhubaneswar: Tata Steel on Tuesday reaffirmed its long-term commitment to be a significant partner in Odisha’s growth story by showcasing its investments and outcomes at the Utkarsh Odisha 2025 Conclave, a two-day mega event in Bhubaneswar, Odisha. Tata Steel has set up a dedicated pavilion at the ‘Utkarsh Odisha – Make in Odisha Conclave 2025’, showcasing its pioneering efforts in …

Tata Steel Q3 Results 2025 on 28 Jan, 2025: profit falls by 36.37% YOY, profit at ₹326.64 crore and revenue at ₹53648.3 crore
1 month, 3 weeks ago

Tata Steel Q3 Results 2025 on 28 Jan, 2025: profit falls by 36.37% YOY, profit at ₹326.64 crore and revenue at ₹53648.3 crore

Live Mint  

Tata Steel Q3 Results 2025:On 27 Jan, 2025, Tata Steel declared its Q3 results for the fiscal year 2025. The company reported a significant decline in both topline and profit, with revenue dropping by 3.01% year-on-year to ₹53648.3 crore and profit falling 36.37% year-on-year to ₹326.64 crore. Tata Steel Q3 Results The operating income for the quarter also reflected a …

Tata Steel Q3 PAT declines 43% to ₹295 crore
2 months ago

Tata Steel Q3 PAT declines 43% to ₹295 crore

The Hindu  

Tata Steel Ltd. reported a 43% decline in third-quarter consolidated net profit to ₹295 crore compared with ₹522 crore in the year-earlier period. Steel exports from China, which averaged 9 million tonnes per month in 2024, dampened steel prices globally including in India,” said CEO & MD T.V. U.K. business is amidst a transition to economically and environmentally viable operations.” …

Tata Steel Q3 results: Net profit tanks 43% to ₹295 crore, revenue drops 2.7% YoY
2 months ago

Tata Steel Q3 results: Net profit tanks 43% to ₹295 crore, revenue drops 2.7% YoY

Live Mint  

Tata Steel Q3 results: Asia’s oldest steelmaker Tata Steel blamed Asia’s largest steelmaker China for a dip in its revenues during the third fiscal quarter ended 31 December. “Both in UK and Netherlands, our performance has been adversely impacted by multi-year low market spreads, last seen in 2015-16,” said Koushik Chatterjee, chief financial officer, Tata Steel. In a separate notice, …

JSW Steel share price plunges over 3.5% amid 70% drop in Q3 PAT. Here’s what experts say
2 months ago

JSW Steel share price plunges over 3.5% amid 70% drop in Q3 PAT. Here’s what experts say

Live Mint  

JSW Steel share price dropped more than 3.5% during Monday's trading session after the steel giant reported a decline of over 70% in consolidated net profit to ₹719 crore for the December quarter, primarily due to rising expenses. The consolidated capital expenditure of the company for the third quarter of the current fiscal year was ₹3,087 crore, and the total …

JSW Steel Q3 earnings: Record sales but hit by the steel dumping crisis
2 months ago

JSW Steel Q3 earnings: Record sales but hit by the steel dumping crisis

Live Mint  

Mumbai: JSW Steel Ltd has found itself in an unusual spot. JSW Steel reported a 1% dip in its consolidated revenue year-on-year to ₹41,378 crore for the December quarter. One analyst tracking the company said that looking at falling realizations for steelmakers, he had expected a larger fall in EBITDA for JSW Steel, but cheaper raw materials offset some of …

JSW Steel Q3 Results: Net profit declines 70% to ₹719 crore
2 months ago

JSW Steel Q3 Results: Net profit declines 70% to ₹719 crore

The Hindu  

JSW Steel on Friday reported over 70% fall in consolidated net profit to ₹719 crore in December quarter, mainly due to higher expenses. It had posted a net profit of ₹2,450 crore in the year-ago quarter, the company said in an exchange filing. The company's consolidated capital expenditure during the third quarter of current fiscal was ₹3,087 crore, while its …

JSW Steel Q3 Results: Consolidated net profit declines 70% year-on-year to ₹719 crore
2 months ago

JSW Steel Q3 Results: Consolidated net profit declines 70% year-on-year to ₹719 crore

Live Mint  

Q3 Results: JSW Steel on Friday reported a consolidated net profit for the December 2024 quarter at ₹719, a decline of 70% year-on-year compared to ₹2450 crore in the year-ago quarter. However, on a sequential basis, JSW Steel's net profit increased by 78% versus ₹404 crore during the September quarter. JSW Steel's revenue from operations during the October to December …

JSW Steel share price rebounds from intraday low after Q3FY25 update
2 months, 2 weeks 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 …

Global steel sector struggling to generate profits, demand increasing in India: Tata Steel CEO
2 months, 3 weeks ago

Global steel sector struggling to generate profits, demand increasing in India: Tata Steel CEO

Live Mint  

Jamshedpur, Jan 1 Tata Steel CEO and managing director TV Narendran on Wednesday said while the global steel sector is struggling to generate profits due to factors such as China’s aggressive pricing, the demand for the metal and its consumption in India is growing. Addressing a gathering at a New Year cake-cutting event here, Narendran said 2023 and 2024 have …

JSW secures Hindustan Copper mines in Jharkhand in strategic move into non-ferrous metals
3 months ago

JSW secures Hindustan Copper mines in Jharkhand in strategic move into non-ferrous metals

Live Mint  

The Sajjan Jindal-led JSW Group has added copper to its metals business, marking its entry into the non-ferrous metals industry and opening up doors to a vast range of consumer applications, including electronics, telecommunications and healthcare. “The idea is to venture into non-ferrous metals because copper will be in huge demand, be it from EVs, the renewable grid, construction, home …

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

JSW Infra is in good stead on rising third party mix, capex
3 months ago

JSW Infra is in good stead on rising third party mix, capex

Live Mint  

In recent years, JSW Infrastructure Ltd has demonstrated significant success in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21. The net cash positive status at September-end, improving cashflow and potential equity dilution should help JSW Infra meet funding needs. This is aligned with expansion projects at JSW Steel Ltd’s Dolvi plant, as existing ports …

JWS Infra to spend Rs 30,000 crore by FY30 to expand cargo-handling capacity to 400 MTPA
3 months, 1 week ago

JWS Infra to spend Rs 30,000 crore by FY30 to expand cargo-handling capacity to 400 MTPA

New Indian Express  

India’s second-largest private port operator - JSW Infrastructure – said on Thursday that it aims to expand its cargo-handling capacity to 400 million tonnes per annum by FY30. It holds a cargo handling capacity of 627 MTPA, with an estimated capital expenditure of around Rs 50,000 crore planned for further expansion. JSWIL acquired a majority stake in Navkar for Rs …

JSPL’s competitive advantage can strengthen with project expansions
3 months, 2 weeks ago

JSPL’s competitive advantage can strengthen with project expansions

Live Mint  

Shares of Jindal Steel & Power Ltd have surged about 15% from their recent low of ₹855 apiece seen on 13 November, outpacing the sub-4% gain in the benchmark Nifty 50 index. Read this | Jindal Steel’s capacity expansion will fuel growth, but beware the China factor The company’s upcoming expansion and backward integration projects are expected to underpin a …

JSW Group explores expansion into copper, aluminium, has engaged consultants, says top executive
3 months, 2 weeks ago

JSW Group explores expansion into copper, aluminium, has engaged consultants, says top executive

Live Mint  

The JSW Group, which has the largest steelmaking capacity in India, is exploring entry into making other metals, including copper and aluminium, JSW Steel chief executive officer Jayant Acharya said. JSW Steel, along with Aditya Birla Group’s Hindalco, was in contention to acquire two copper mines in Jharkhand owned by public sector firm Hindustan Copper, PTI reported in October citing …

Jsw Steel Share Price Today on 28-11-2024: Jsw Steel share price are down by -0.5%, Nifty down by -0.71%
3 months, 3 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 …

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

Tata Steel Share Price Today on 27-11-2024: Tata Steel share price are down by -0.52%, Nifty up by 0%
4 months ago

Tata Steel Share Price Today on 27-11-2024: Tata Steel share price are down by -0.52%, Nifty up by 0%

Live Mint  

Tata Steel Share Price Today on 27-11-2024: At 27 Nov 11:15 today, Tata Steel shares are trading at price ₹143.7, -0.52% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Tata Steel Share Price Today on 26-11-2024: Tata Steel share price are up by 1.22%, Nifty down by -0.09%
4 months ago

Tata Steel Share Price Today on 26-11-2024: Tata Steel share price are up by 1.22%, Nifty down by -0.09%

Live Mint  

Tata Steel Share Price Today on 26-11-2024: At 26 Nov 11:06 today, Tata Steel shares are trading at price ₹145.35, 1.22% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

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
4 months 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
4 months 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 …

Tata Steel Share Price Today on 25-11-2024: Tata Steel share price are up by 2.24%, Nifty up by 1.81%
Top News
4 months ago

Tata Steel Share Price Today on 25-11-2024: Tata Steel share price are up by 2.24%, Nifty up by 1.81%

Live Mint  

Tata Steel Share Price Today on 25-11-2024: At 25 Nov 11:20 today, Tata Steel shares are trading at price ₹146, 2.24% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.53%, Nifty up by 1.31%
4 months ago

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.53%, Nifty up by 1.31%

Live Mint  

Tata Steel Share Price Today on 22-11-2024: At 22 Nov 12:46 today, Tata Steel shares are trading at price ₹141, 0.53% 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 Average 5 140.43 10 …

Jsw Steel Share Price Today on 22-11-2024: Jsw Steel share price are up by 1.85%, Nifty up by 1.22%
4 months ago

Jsw Steel Share Price Today on 22-11-2024: Jsw Steel share price are up by 1.85%, Nifty up by 1.22%

Live Mint  

Jsw Steel Share Price Today on 22-11-2024: At 22 Nov 12:43 today, Jsw Steel shares are trading at price ₹961.35, 1.85% 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 …

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.39%, Nifty up by 0.93%
4 months ago

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.39%, Nifty up by 0.93%

Live Mint  

Tata Steel Share Price Today on 22-11-2024: At 22 Nov 11:56 today, Tata Steel shares are trading at price ₹140.8, 0.39% 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 Average 5 140.43 10 …

Steelmakers warn of Q3 revenue drop, pin hopes on Q4 rebound
4 months, 1 week 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 …

Tata Steel Share Price Today on 13-11-2024: Tata Steel share price are down by -3.4%, Nifty down by -1.36%
4 months, 2 weeks ago

Tata Steel Share Price Today on 13-11-2024: Tata Steel share price are down by -3.4%, Nifty down by -1.36%

Live Mint  

Tata Steel Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Tata Steel shares are trading at price ₹139.25, -3.4% 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. …

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

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

Tata Steel investors may remain jittery amid delayed revival in European operations
4 months, 2 weeks ago

Tata Steel investors may remain jittery amid delayed revival in European operations

Live Mint  

The September quarter earnings of Tata Steel Ltd had its share of positives even as European operations remain a drag. Tata Steel Netherlands reported an Ebitda of ₹243 crore in Q2FY25 from a loss of Rs1,145 crore. Tata Steel has submitted a proposal to the Netherlands government for support similar to the one agreed upon with the UK government. The …

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

Govt policy, aid must to cut Indian steel industry’s emissions: Tata Steel MD
4 months, 2 weeks ago

Govt policy, aid must to cut Indian steel industry’s emissions: Tata Steel MD

Live Mint  

The government must provide fiscal and policy support if the steel industry were to bring down emissions, Tata Steel Ltd managing director T.V. In Europe, the customers are willing to pay more for green steel; the regulation encourages you to reduce your CO2 footprint Steel produced in India is the dirtiest in the world, emitting upwards of 2.6 tonnes of …

JSW Steel and Korean steel-maker eye $7.7 billion investment in Odisha steel plant: Report
4 months, 3 weeks ago

JSW Steel and Korean steel-maker eye $7.7 billion investment in Odisha steel plant: Report

Live Mint  

NEW DELHI - India's JSW Steel and South Korea's POSCO plan to invest 650 billion rupees in their proposed plant in India in the coming years, sources said, part of efforts to capitalise on rising steel demand in the world's fastest-growing major economy. Last week, JSW Steel and POSCO signed an agreement to set up an integrated steel plant with …

Jsw Steel Price Today: Up 0.69%, Nifty Down 0.42%
Top News
4 months, 3 weeks ago

Jsw Steel Price Today: Up 0.69%, Nifty Down 0.42%

Live Mint  

Jsw Steel shares experience mixed performance today, with the stock price trading up by 0.69% on the NSE and down by -0.42% on the BSE. The stock has hit a high of ₹965 and a low of ₹955.3 during the day, indicating a trading range within a broader consolidation phase. The technical analysis suggests potential support and resistance levels at …

Jsw Steel Price Today: Up 0.81%, Nifty Down 0.07%
4 months, 3 weeks ago

Jsw Steel Price Today: Up 0.81%, Nifty Down 0.07%

Live Mint  

Jsw Steel shares experience mixed performance today, with the stock price trading up by 0.81% on the NSE and down by -0.07% on the BSE. The stock has hit a high of ₹968.15 and a low of ₹952.8 during the day, indicating a trading range within a wider price range. The technical analysis suggests potential signs of a reversal, with …

JSW Infrastructure Shares Soar 10% to Hit Upper Circuit Limit
Trending News
4 months, 3 weeks ago

JSW Infrastructure Shares Soar 10% to Hit Upper Circuit Limit

Live Mint  

JSW Infrastructure share price gained 10% to hit upper circuit limit post Q2 results. The company had declared post Q2 results on Monday post market hours, with a topline growth of 18% and a profit before interest, tax, depreciation, and amortization (PBITDA) increase of 48%. Analysts expect strong growth moving forward, with a 14% volume CAGR over FY24-27. Jefferies India …

Tata Steel Share Price Today: A Glimpse into the Technical and Fundamental Landscape
Trending News
4 months, 3 weeks ago

Tata Steel Share Price Today: A Glimpse into the Technical and Fundamental Landscape

Live Mint  

Tata Steel shares are trading up by 2.06% today, with the stock price closing at ₹148.8. The company's share price has been trading below the short-term simple moving averages of 5, 10, 20 days, indicating a potential downtrend. The company's fundamental analysis shows a negative return on equity (ROE) of -4.55%. The company's median 1-year forecasted upside is at 11.56% …

JSW Steel's H2 Margins to Turnaround as Steel Prices Recover
5 months ago

JSW Steel's H2 Margins to Turnaround as Steel Prices Recover

Live Mint  

JSW Steel expects its margins to improve in the second half of FY25 as steel prices recover after touching multi-year lows in September. The company's cost-cutting measures continue to deliver results, and additional capacity from upcoming expansion projects will also help increase sales and spread fixed costs on a wider base.

Steel rebar prices are high, can go higher, worrying real estate and infra sectors
5 months ago

Steel rebar prices are high, can go higher, worrying real estate and infra sectors

Live Mint  

Mumbai: Prices of steel rebars, a key component for construction, have seen a rise in recent months and can see upward movement in the coming weeks as building activity picks post monsoon, experts said, raising margin concerns for real estate and infrastructure firms. The price increases are partly due to a supply shortage amid a production slump at state-owned Rashtriya …

Jsw Steel share are down by -0.34%, Nifty down by -0.14%
6 months ago

Jsw Steel share are down by -0.34%, Nifty down by -0.14%

Live Mint  

Jsw Steel Share Price Today on : At 27 Sep 16:01 today, Jsw Steel shares are trading at price ₹1001.75, -0.34% down 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. …

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