SAIL shares jump 4% today as steel stocks gain. Should you buy?
Trending News
2 days, 1 hour ago

SAIL shares jump 4% today as steel stocks gain. Should you buy?

India Today  

Steel Authority of India Limited shares climbed 4% on Wednesday after the Directorate General of Trade Remedies proposed a 12% safeguard duty on certain steel imports for 200 days. Hot Rolled Coil and Cold Rolled Coil prices were raised by Rs 1,100-1,500 per tonne for March sales, it added. Meanwhile, coking coal prices have dropped 11% to $176 per tonne, while iron ore prices remain stable at $103 per tonne. According to Axis Securities, every Rs 1,000 per tonne increase in HRC prices lifts SAIL’s EBITDA by 15%, compared to 4% for Tata Steel. A $10 per tonne drop in coking coal prices raises SAIL’s EBITDA by 10%.

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History of this topic

SAIL, Tata Steel, JSW Steel, NMDC Steel: Why are steel stocks rising today?
2 days, 1 hour ago

SAIL, Tata Steel, JSW Steel, NMDC Steel: Why are steel stocks rising today?

India Today  

Steel stocks surged in early trade on Wednesday after the government proposed a temporary safeguard duty on some steel imports. Shares of SAIL, Tata Steel, JSW Steel, and NMDC Steel saw sharp gains, with NMDC Steel jumping 7.4% and SAIL rising nearly 4%. The rally came after the Directorate General of Trade Remedies suggested a 12% safeguard duty on specific …

IndusInd Bank, BSE among 5 stocks in F&O ban list today. Details here
4 days, 1 hour ago

IndusInd Bank, BSE among 5 stocks in F&O ban list today. Details here

India Today  

IndusInd Bank, SAIL, BSE, Manappuram Finance, and Hindustan Copper have landed on the NSE’s F&O ban list for Monday, March 17. IndusInd Bank’s stock has been getting hammered, losing 30% of its value in just five trading days. According to brokerage firm Nuvama, this shift could hurt overall market volumes, particularly among retail traders who are more active close to …

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

Steel Exchange shares jump 8% after this stock pledge update. Do you own?
2 weeks, 3 days ago

Steel Exchange shares jump 8% after this stock pledge update. Do you own?

Live Mint  

Small-cap stock below ₹10, Steel Exchange India, gained as much as 8% in intraday trade on Monday, March 3, following an update on stock pledge regarding its promoter Vizag Profiles Private Limited. In an exchange filing on March 1, the promoter informed that it released a pledge on 50,00,000 shares, representing 0.42% of the total share capital, on February 27 …

Tata Steel share price jumps from today’s low after THIS update on ₹3,000 crore fundraising plan
3 weeks, 6 days 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 …

SAIL share price jumps after Q3 results 2025. Should you buy as PSU stock trades 41% below 52-week high?
1 month, 1 week ago

SAIL share price jumps after Q3 results 2025. Should you buy as PSU stock trades 41% below 52-week high?

Live Mint  

Shares of public sector steelmaker Steel Authority of India Ltd rose 3.5 percent in morning trade on Wednesday, February 12, following the release of its earnings for the quarter ended December 2024. Q3FY25 Earnings Overview SAIL reported a consolidated net profit of ₹141.89 crore for Q3FY25, marking a significant 66 percent decline from ₹422.92 crore in the same quarter of …

SAIL share price falls over 3% ahead of Q3 results today. Here’s what to expect
1 month, 1 week ago

SAIL share price falls over 3% ahead of Q3 results today. Here’s what to expect

Live Mint  

Steel Authority of India share price traded over 3% lower on Tuesday ahead of the Q3 results today. “We expect revenue to increase YoY and stay flat QoQ led by higher sales volume, partially offset by lower HRC prices. EBITDA to decrease YoY due to lower realisations partly offset by higher sales volume and lower coking coal costs. JM Financial …

Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks
2 months, 1 week 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 …

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

India’s benchmark indexes rebound after worst week since June 2022
2 months, 3 weeks ago

India’s benchmark indexes rebound after worst week since June 2022

Live Mint  

By Bharath Rajeswaran - India's benchmark indexes rose on Monday, led by heavyweights HDFC Bank and Reliance Industries, as well as metal stocks, and in line with regional peers on the back of lower-than-expected U.S. inflation data. The Nifty and Sensex dropped about 5% last week, the worst since June 2022, hurt by the U.S. Federal Reserve's projection of two …

SAIL shares crash around 6%, making it the top loser in the Nifty Metal index amid China concerns
3 months, 1 week ago

SAIL shares crash around 6%, making it the top loser in the Nifty Metal index amid China concerns

Live Mint  

Shares of Steel Authority of India Ltd saw a sharp decline on Friday, December 13, falling nearly 6 percent in intra-day trading, becoming the top loser in the Nifty Metal index. The Nifty Metal index, a key benchmark for metal stocks, also lost over 2 percent during the session, reflecting widespread pressure across the sector. While officials at China’s annual …

Shares to buy or sell: Sachin Gupta of 5paisa recommends buying L&T, SAIL today - 10 December 2024
3 months, 1 week ago

Shares to buy or sell: Sachin Gupta of 5paisa recommends buying L&T, SAIL today - 10 December 2024

Live Mint  

Stock market today: The domestic benchmark, Sensex and Nifty 50, saw minimal movement at the start of trading on Tuesday, as investors proceeded cautiously while waiting for important inflation figures from both India and the US later this week. Market Review and Outlook - Sachin Gupta, Senior Research Analyst at 5paisa The Nifty 50 benchmark index traded in a narrow …

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today — December 10
Trending News
3 months, 1 week ago

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today — December 10

Live Mint  

Shares to buy or sell: ⁠⁠⁠⁠⁠⁠⁠The Indian domestic stock market indices struggled to gain traction on Monday, December 9. The Nifty 50 index closed 0.24 per cent lower at 24,619 points, compared to 24,677.80 points at the previous market close. The BSE Sensex index closed 0.25 per cent lower at 81,508.46 points on Monday, compared to its previous level of …

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%
3 months, 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 …

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%
3 months, 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 …

Tata Steel Share Price Today on 28-11-2024: Tata Steel share price are down by -0.38%, Nifty down by -0.78%
3 months, 2 weeks ago

Tata Steel Share Price Today on 28-11-2024: Tata Steel share price are down by -0.38%, Nifty down by -0.78%

Live Mint  

Tata Steel Share Price Today on 28-11-2024: At 28 Nov 11:09 today, Tata Steel shares are trading at price ₹143.95, -0.38% 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 …

Jsw Steel Share Price Today on 27-11-2024: Jsw Steel share price are up by 0.15%, Nifty up by 0%
3 months, 3 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 …

Tata Steel Share Price Today on 27-11-2024: Tata Steel share price are down by -0.52%, Nifty up by 0%
3 months, 3 weeks 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%
3 months, 3 weeks 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 …

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
3 months, 3 weeks 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 …

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%
3 months, 3 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 …

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.53%, Nifty up by 1.31%
3 months, 3 weeks 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 …

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%
3 months, 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 …

Tata Steel Share Price Today on 22-11-2024: Tata Steel share price are up by 0.39%, Nifty up by 0.93%
3 months, 3 weeks 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 …

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%
3 months, 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, …

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, 1 week 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. …

SAIL’s growth outlook dims amid lack of near-term capex plans
4 months, 1 week ago

SAIL’s growth outlook dims amid lack of near-term capex plans

Live Mint  

Shares of Steel Authority of India Ltd have dropped around 6% since the company reported weak September quarter results on Thursday. Read this | BIS, Vietnam probe cloud steel imports In Q2FY25, SAIL’s Ebitda, adjusted for FY23 price revisions for sales to the railways, dropped a sharp 40% year-on-year to ₹1,270 crore. “SAIL’s market share loss continued in Q2FY25, with …

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%
4 months, 1 week 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, …

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%
4 months, 1 week 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, …

Tata Steel Share Price Today on 08-11-2024: Tata Steel share price are down by -2.22%, Nifty down by -0.21%
4 months, 1 week 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. …

Tata Steel Share Price Today: A Glimpse into the Technical and Fundamental Landscape
Trending News
4 months, 2 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% …

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?
11 months, 1 week ago

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?

Hindustan Times  

Tata Steel share price: Shares of Tata Steel rose over 2 per cent to hit a fresh 52-week high ₹166.85, surpassing the earlier peak of ₹166.3 touched on April 3. Tata Steel share price: Automotive and special products segment deliveries increased by 8 per cent in FY24, the company said. The company produced 18.85 million tonnes of steel during the …

Tata Steel, JSW Steel, Jindal Steel Power, SAIL share prices gain up to 5% on strong China industrial output numbers
1 year ago

Tata Steel, JSW Steel, Jindal Steel Power, SAIL share prices gain up to 5% on strong China industrial output numbers

Live Mint  

Tata Steel, JSW steel, Jindal Steel and power Ltd, Steel Authority of India Ltd saw their share prices rise up to 5.1%. Weak China demand had meant that exports from China remained elevated putting pressure on global steel prices too. As per Kotak Institutional Equities 14 March report, in 4QFY24, average domestic Hot rolled coil and rebar prices fell by …

Indian steel exports at high risk from Europe's new carbon tax: Goldman Sachs
1 year, 1 month ago

Indian steel exports at high risk from Europe's new carbon tax: Goldman Sachs

Hindustan Times  

Steel producers in India are most at risk from Europe’s new carbon tax on imports due to their high sales to the region and mills’ elevated emissions intensity, according to Goldman Sachs Group Inc. Steel is traditionally among the most polluting industries. Europe’s Carbon Border Adjustment Mechanism aims to subject imported goods such as steel to a levy to ensure …

SAIL aims to invest ₹5,500 cr in FY24
1 year, 5 months ago

SAIL aims to invest ₹5,500 cr in FY24

Live Mint  

New Delhi: Steel Authority of India Ltd is planning to invest ₹5,500 crore during this fiscal year to expand capacity, Amarendu Prakash, chairman, SAIL, said. The move by India’s largest steel manufacturer is part of its ₹1 trillion investments towards de-bottlenecking efforts, aiming to boost its annual capacity from the existing 20.6 million tonnes to 35mt by 2031-32. “Proposed scale …

Tata Steel Stock Gains Over 4 Per Cent Amid Reports To Secure Funds For UK Plant
1 year, 6 months ago

Tata Steel Stock Gains Over 4 Per Cent Amid Reports To Secure Funds For UK Plant

ABP News  

Tata Steel stock jumped over 4 per cent on Monday following a news report said that the company is in advanced talks to secure funds for its UK plant. The steel major is in advanced discussion with the UK government for around GBP 500 million in state-backed funding to support its Port Talbot plant, securing thousands of jobs in the …

Stocks to Buy: Tata Steel, JSW Steel, JSPL among top bets in metal sector
1 year, 6 months ago

Stocks to Buy: Tata Steel, JSW Steel, JSPL among top bets in metal sector

Live Mint  

The Indian economy is expected to grow at a much higher rate relative to the world and the government’s continued strong push to infrastructure capex is expected to boost domestic steel demand. Check out the stock to buy in the steel sector according to Prabhudas Lilladher: JSW Steel | Buy | TP: ₹ 926 Prabhudas Lilladher initiated coverage on JSW …

Tata Steel shares rise after Q1 results 2023. Do you own?
1 year, 7 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, 9 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 Motors shares: Why the stock can surge up to 31% — explained
2 years ago

Tata Motors shares: Why the stock can surge up to 31% — explained

Live Mint  

Tata Motors-owned Jaguar Land Rover is turning the corner and would be the key driver of the stock, said domestic brokerage house Motilal Oswal Securities in a research note. The brokerage also said that the monetization of stake in Tata Technologies – possible value of ₹25-47 per share for Tata Motors – could also act as a catalyst for the …

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

Steel makers see fall in prices; opportunities emerge in export markets
2 years, 6 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 …

Stocks to Watch: Coal India, IRCTC, Indigo, Tata Consumer, Glenmark, SAIL
2 years, 7 months ago

Stocks to Watch: Coal India, IRCTC, Indigo, Tata Consumer, Glenmark, SAIL

Live Mint  

Here is the list of top 10 stocks that will be in focus today Coal India: Coal India on Wednesday said its consolidated net profit shot up 178% to ₹8,834 crore for the first quarter of the 2022-23 fiscal on the back of higher sales. Tata Consumer: Tata Consumer Products Ltd on Wednesday reported 38.2% rise in consolidated net profit …

Steel Stocks: Tata Steel Down 14%, JSW Hits Lower Circuit; What Are They Falling Today?
2 years, 9 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 …

Rakesh Jhunjhunwala portfolio: PSU stock gives breakout at ₹100. Do you own?
2 years, 11 months ago

Rakesh Jhunjhunwala portfolio: PSU stock gives breakout at ₹100. Do you own?

Live Mint  

Rakesh Jhunjhunwala portfolio: Metal PSU Steel Authority of India Limited or SAIL share price has given fresh breakout at ₹100 and the stock is expected to get benefit of recent rise in metal prices across world. Speaking on what's fueling SAIL share price; Ravi Singhal, Vice Chairman at GCL Securities said, "Metal prices across world are rising, which may lead …

Stock Recommendation: Buy These Two Metal Stocks For Up to 16% Gains in Short Term
2 years, 11 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 …

SAIL Offer for Sale Subscribed Over 5 Times, Govt to Garner Rs 2,664 Cr from Stake Sale
4 years, 2 months ago

SAIL Offer for Sale Subscribed Over 5 Times, Govt to Garner Rs 2,664 Cr from Stake Sale

News 18  

The government is expected to garner Rs 2,664 crore from offloading 10 per stake sale in India’s largest steelmaker SAIL through an offer for sale which was subscribed over five times on Friday. Earlier this week, the government had proposed OFS of 20.6 crore shares of face value of Rs 10 each, with an option to additionally sell up to …

Govt to Offload Up to 10% Stake in SAIL, Offer for Sale Opens on Thursday
4 years, 2 months ago

Govt to Offload Up to 10% Stake in SAIL, Offer for Sale Opens on Thursday

News 18  

The government on Wednesday said it proposes to offload up to 10 per cent stake in public sector steel manufacturer SAIL and the offer for sale will open on Thursday. The total OFS size has been calculated at 20.6 crore shares of face value of Rs 10 each, with an option to additionally sell up to 20.6 crore equity shares. …

Coronavirus Outbreak: Production at SAIL, Tata Steel plants down by 50% due to lockdown
4 years, 11 months ago

Coronavirus Outbreak: Production at SAIL, Tata Steel plants down by 50% due to lockdown

Firstpost  

Facing reduction in demand due to the lockdown in the country, steel makers SAIL and Tata Steel have reduced their output by about 50 percent, according to sources New Delhi: Facing reduction in demand due to the lockdown in the country, steel makers SAIL and Tata Steel have reduced their output by about 50 percent, according to sources. As per …

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