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STEEL INDUSTRY INVENTORY
Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in ...
Metal stocks shine as global base metal rally lifts investor sentimentMetal stocks surged on Tuesday, mirroring a sharp rally in global base metal prices driven by supply disruptions and robust demand. Gold lo...
Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
Maruti targets 10% growth in FY27 but margin pressure lingers, says RC BhargavaMaruti Suzuki anticipates a strong 10% volume growth in FY27, supported by new production lines. The company's outlook is bolstered by heal...
NCR workers' wage hike may push up living costs in gated societiesRising minimum wages and worker unrest in the NCR are poised to increase living costs in gated communities and inflate construction expense...
Why AC maker Blue Star wants both summer and monsoon seasons to be good this yearBlue Star’s growth outlook hinges on strong summer-led urban demand and a favourable monsoon supporting rural markets, which now drive over...
$116 bn at risk: Why a fragile West Asia ceasefire may not ease pressure on India’s engineering exportsIndia's engineering exports face significant strain from the West Asia conflict, with a recent ceasefire offering limited relief. Disruptio...
US services activity growth cools in March: SurveyMarch saw a slowdown in the growth of US services, influenced by escalating energy costs associated with ongoing conflicts in the Middle Ea...
Will the coming earnings season(s) ring in more trouble for India Inc and investors?When a large, diversified group with exposure across autos, IT, hotels, retail, consumer, industrials, aviation, and infrastructure starts ...
Govt announces 70% allocation of commercial LPG with focus on priority industriesThe Indian government has boosted commercial LPG allocation to states and union territories to 70 percent. This move prioritizes key indust...
CAG pulls up SAIL for over-consumption of imported coalA CAG report revealed that SAIL incurred an extra ₹2,539.68 crore due to excessive imported coal consumption from 2016 to 2023. The report ...
CAG points to inventory handling lapses at SAILThe Comptroller and Auditor General (CAG) has revealed significant discrepancies in Steel Authority of India Limited's (SAIL) inventory man...
Domestic steel companies struggle to clear Rs 89,000 crore inventory as imports persistIndian steelmakers face an inventory build-up despite increased local consumption due to rising imports. Imports surged by 41% in the first...
Jindal Steel and Power is on the path to growth: Why it is this week's top stockJindal Steel faces near-term headwinds, but its focus on expansion projects and the commissioning of Utkal-C coal block will help boost it ...
- Weak prices, high imports may keep steel companies' margins under pressure: ICRA
Financial performance of domestic steel players may take a hit in the near term led by surge in imports and weak steel prices.
- Steel sales jump 50% in Dec on firm demand
India’s top steelmakers led by Steel Authority of India (SAIL) saw up to a 50% sales jump in December from a year ago, a perfect bookend to...
- Steel output rising on improved demand
Indian steel makers have increased production on the back of marginal recovery in supply orders from the construction and infrastructure se...