At 10:21 AM on Wednesday, the Nifty Metal index was the top gainer among the sectoral indices up 2 per cent, as compared to 0.23 per cent decline in the Nifty 50
Traditionally, Q4 is seasonally strong for volume push, and thus, analysts expect most steel companies to foresee very sharp reversal in margins in Q4FY26.
The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case
Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.
Jindal Steel plans to double its structural steel manufacturing capacity to 2.4 MTPA by mid-2028, aimed at addressing the growing demand for heavy and ultra-heavy structural steel sections.
Steel stocks in focus amid reports that the government has notified the much-awaited Anti-dumping duty/safeguard duty on flat steel imports for a period of 3 years.
Over the last ten calendar years (2016-2025), the Sensex has delivered annual returns consistently, albeit uneven. The strongest year of the decade was 2017, when the index surged 27.9 per cent.
Once known for controversial land acquisition, the Kalinganagar industrial unit in Odisha now accounts for as much as 20% of approved new investments in the state. But for many locals, unease persists
Stichting Frisse Wind.nu has submitted the legal papers initiating the lawsuit at the District Court North Holland in Haarlem, according to a Tata Steel statement
Stocks to Watch today, Dec 22: Varun Beverages, KEC International, PVR Inox, Rites, Tech M, and Crompton Greaves are some of the other stocks to watch today
Tata Steel is stacking up projects to take domestic capacity to 40 mtpa by 2030, with NINL expansion, downstream additions and pellet supplies, even as near-term steel prices stay weak
Tata Steel is boosting upstream options, expanding downstream capacity and improving efficiency to manage higher iron ore costs expected after its captive mines go up for auction in 2030
Tata Group's flagship steelmaker, analysts said, is entering an aggressive expansion phase at a time when steel prices remain volatile, yet its moves are expected to strengthen feedstock security
