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STEEL PRODUCTION CAPACITY
Anawil Wire & Engineering IPO Day 1: Issue subscribed 70% so far, GMP signals 30% listing premiumThe Anawil Wire & Engineering IPO received a healthy response on the first day of bidding, with the issue subscribed 70% as investors place...- Jindal Steel to spend less, focus on utilising capacity: MD VR SharmaJindal Steel will not take on debt for capacity expansion, focusing instead on optimizing operations. The company plans to invest in value-...
- Value addition key for Tata Steel as prices fall and costs increaseTata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and co...
- Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...
- Tata Steel UK expects electricity access for EAF project by 2029: CEO NarendranTata Steel UK's new electric arc furnace project is on track for completion by 2028. The company anticipates securing electricity access fo...
- Tata Steel can unlock a lot of value with less capital downstream: CEO & MD T V NarendranTata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstr...
- Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; sees margin recovery aheadMaruti Suzuki India is investing ₹561 crore in four compressed biogas manufacturing projects. Higher raw material costs, aggravated by glob...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
- Tata Steel Q1 net profit beats estimates; approves Rs 33,873 crore capexTata Steel's consolidated net profit increased nearly twelve percent year-on-year. This growth was primarily driven by a robust performance...
- Tata Steel Q1 net up 12% on India performanceTata Steel's net profit rose nearly twelve percent year-on-year for the June quarter. The company announced a substantial capital expenditu...
- Rhetan TMT sets up solar project to cut energy costsRhetan TMT has established a one-megawatt captive solar project to optimize energy costs. This new solar power project is expected to comme...
- SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
- Indian textile exporters may lose competitiveness despite lower US tariff as rival countries get quota exemptions: ReportThe report noted that India remains one of the relative beneficiaries of the new US tariff regime overall.
- Mangalam Worldwide Q1 Results: Profit rises 19% to Rs 12 croreMangalam Worldwide Ltd has achieved a remarkable 18.7 percent increase in profit after tax for the quarter ending June 2026, accompanied by...
- Buy, Sell or Hold: Anand Rathi maintains buy on Bansal Wire; Equirus Securities recommends buy on Greenply IndustriesAnand Rathi and Equirus Securities remain bullish on select stocks with strong earnings visibility. Anand Rathi maintained a 'Buy' on Bansa...
- Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capexShyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant inv...
- Indian seamless pipe manufactures add USD 1.4 bn in forex annually: Industry bodyIndian seamless pipe manufacturers contribute USD 1.4 billion annually in foreign exchange. This significant contribution comes from import...
- Indian steelmakers pivot home as Europe tightens imports, China squeezes marginsIndian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to...
- Tata Steel to invest Rs 10,000 crore in Jharkhand projects by 2028, creating 2,000 jobsTata Steel plans a significant Rs 10,000 crore investment in Jharkhand projects by 2028. This expansion aims to boost steelmaking capacity ...
- Govt sees good response to pre-application conference for Rs 37,500-cr coal gasification schemeThe government on Monday held a pre-application conference for its ₹37,500 crore scheme to promote surface coal gasification projects, draw...
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