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SECONDARY STEEL COMPANIES
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the state of the market these days, it would be wise to be selective. Not only in terms of stocks, but also in terms of sectors. For ...
Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in HDFC Bank, RIL and 29 others in MaySunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fun...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
Companies look to shrink issue sizes to get IPOs pass throughAt least 10 companies are considering reducing their planned IPO sizes to ensure successful listings amid declining investor appetite. This...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
Monolithisch's promoter Prabhat Tekriwal mints 3,390% returns as SME stock delivers 243% over IPO priceMonolithisch India promoter Prabhat Tekriwal has seen his pre-IPO stake surge by 3,390% to Rs 100 crore. The SME company, a remixed high-qu...
Steel cos have agreed to cut prices for MSMEs despite disruption: RCP SinghDue to the geopolitical situation, global steelmakers, mainly from Germany and the UK, have hiked prices sharply by at least 25%. Indian st...
Rising raw material prices force MSME secondary steelmakers to shut shop“There are around 120 sponge iron, billet ingot manufacturers and rollers in West Bengal that have reduced production by 15-50 % and laid o...
Secondary steel cos short of breath as O2 runs outSeveral secondary steelmakers, who contribute about 45% to India's total steel production, are on the verge of closing down as they can’t s...
High cost of production delays recovery of secondary steel companiesCARE reported that India’s top six integrated steel producers (ISPs) together produced 5.9 mt of crude steel out of the total 9.2 mt in Nov...
India's secondary steelmakers are facing troubles in procurement of iron oreDue to the supply shortage, iron ore prices have shot up around 35% since April. This is because of low production and no dispatch by the m...
Demonetisation: Small steel companies in secondary sector likely to be affectedThe decision is also expected to hurt rural demand, which picks up after the monsoon season, especially for construction-grade steel.
Steel makers should be more competitive: FM Arun JaitleyUnion finance minister Arun Jaitley has urged Indian steel producers to overcome ‘transient challenges’ by strengthening their own competit...