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STEEL COMPANIES
MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFSMP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company ...
India’s new capex cycle is being driven by cash-rich giants, HSBC India CEO Hitendra Dave saysIndia's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using ...
Piyush Goyal leads India's largest business delegation to Japan for trade and investment talksUnion Minister Piyush Goyal will visit Japan from August 24 to 27. He leads India's largest business delegation to the country for discussi...
Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investmentCommerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade ...
JTL Group’s engineering subsidiary announces narrow-width HR coil manufacturing capacity expansionJTL Engineering Limited will expand its narrow-width HR coil manufacturing capacity. This capital expenditure of Rs 15 crore will double pr...
Metals sector outlook improves as non-ferrous earnings lead recovery: SystematixIndia's metals and mining sector outlook is improving significantly. Non-ferrous companies are expected to lead earnings growth and perform...
Long-term investing: One reason is good enough, and a must, to own a business. 8 stocks with an upside potential of up to 36%In today’s world, investors cannot assume that correlations that worked in the past will work in exactly the same manner now. We are in a p...
Welspun bags biggest Rs 17,000 crore US order for pipe supplyWelspun Corp has secured its largest-ever single order worth ₹17,200 crore for supplying pipes from its US manufacturing facility, with exe...
Stock picks of the week: 6 stocks with consistent score improvement and upside potential of up to 29%Given current market conditions, better stick with stocks that offer some comfort. It could be valuation, or growth purely dependent on dom...
Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocksDeepak Shenoy-backed Capitalmind Flexi Cap Fund exited 11 stocks, including Vedanta and Vedanta Oil and Gas, and added nine stocks, includi...
Quote of the day by Andrew Carnegie: 'People who are unable to motivate themselves must be...' Life lessons from Scottish-American industrialist & philanthropist on success, ambition and self-motivationQuote of the day by Andrew Carnegie: Andrew Carnegie emphasised the importance of self-motivation in achieving success. He believed that ta...
Behari Lal Engineering shares rally 14% after stellar debut. What are brokerages saying?Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain p...
Indian steel mills face margin squeeze as global coking coal prices riseIndian steelmakers face margin pressure from higher coking coal prices. Supply disruptions in Australia and China raise steelmaking costs s...
Stellar Start! Behari Lal Engineering shares list at 63% premium over IPO priceThe IPO, which was open for subscription from August 12 to August 14, drew an overwhelming response from investors and was subscribed 108.4...
Tata Steel gets CCI nod to acquire additional 23% stake in TM International LogisticsThe Competition Commission of India has approved Tata Steel’s acquisition of an additional 23% stake in TM International Logistics from IQ ...
ArcelorMittal to restore Ukraine plant after missile strike kills 2, injures 13Following a missile attack, ArcelorMittal is taking steps to rehabilitate its Ukrainian steel facility, an incident resulting in two fatali...
India's small steelmakers could save money and cut emissions with switch to renewable powerSmaller steel firms in India can reduce electricity bills by one-third and cut carbon emissions by adopting renewable energy, which will of...