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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...
Middle East peace, reconstruction can help stabilise steel market: JSW Steel JMD Jayant AcharyaJSW Steel Joint Managing DirectorJayant Acharyasaid global reconstruction efforts, particularly in theMiddle East, Ukraine and Palestine, a...
JSW Steel’s Q1 profit soars 2x YoY on robust topline growthJSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the co...
JSW Steel’s profit doubles on revenue growth, beats estimatesJSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aide...
Nuvama initiates coverage on SG Mart, Siemens Energy India with Buy; sees up to 21% upsideNuvama Institutional Equities has initiated coverage on SG Mart and Siemens Energy India with ‘Buy’ ratings, citing strong earnings growth,...
Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
Rising with pricing: Corporate revenue growth likely held firm in the first quarter, riding out the tempestCorporate India's revenue reached a two-year peak in Q1, propelled by significant price hikes. The domestic market drove growth in key sect...
India breaks into China's steel box monopoly after costly lessonIndia has launched its first export-import (EXIM) shipping container for global deployment, marking its entry into a sector overwhelmingly ...
Nifty Realty gains 6%: Is this the start of a new up-cycle? Equirus Cap's Vijay Agrawal answersIndia's real estate sector is experiencing a robust turnaround, driven by a shift to organized developers, increased project launches, and ...
India's steel capacity utilisation to stay above 90% on strong demand: KotakIndia's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...
PMK urges Centre, state govts to take measures to control construction material costsPMK founder Dr S Ramadoss has urged the central and Tamil Nadu governments to control rising construction material costs. He stated that pr...
Fire breaks out at Tata Steel's United Kingdom plantA fire erupted at Tata Steel's Port Talbot plant in the UK. Emergency services responded swiftly to the incident. All personnel were safely...
Avoid chasing IT rally, focus on power and steel plays: Neeraj DewanMarket expert Neeraj Dewan advises selective investing amid volatility, favoring power, energy infrastructure, steel, aviation, commercial ...
Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...
Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, VedantaMarkets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several co...
SAIL sees limited steel price impact from Iran conflictSAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a st...
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
India turns net importer of finished steel in April, data showsIndia has become a net importer of finished steel. In April, imports rose significantly while exports also saw an increase. Major suppliers...
Tata Steel bets on higher prices, cost savings to lift FY27 marginsTata Steel anticipates improved margins this fiscal year, driven by higher steel prices and domestic volume growth, alongside ongoing cost ...
Tata Steel CEO TV Narendran cautiously optimistic; sees strong Q1 ahead as steel prices rise across India, UK, & EuropeTata Steel CEO TV Narendran flags multi-point cost pressure from the West Asia crisis but says the company has so far recovered most input ...