Jindal Steel Ltd News

Metal stocks extend rally; Vedanta, Nalco, Hindustan Copper zoom up to 6%

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

Metal shares in focus; Hindustan Copper, HZL, Vedanta, SAIL rally up to 4%

Traditionally, Q4 is seasonally strong for volume push, and thus, analysts expect most steel companies to foresee very sharp reversal in margins in Q4FY26.

Nifty Metal index dips 3% on profit booking; Hindustan Zinc, Nalco slip 6%

However, in the past one month, the Nifty Metal index has rallied 10 per cent, as against 0.17 per cent rise in the Nifty 50.

Nifty Metal index soars 15% in 1 mth; what's driving Hindalco, Nalco today?

In the past one month, the stock price of Hindustan Zinc, Nalco, Vedanta, Hindalco Industries and SAIL have rallied between 15% and 32%.

Safeguard duty extension lifts outlook for steel sector in 2026: Antique

Antique said it prefers steel companies with strong market presence, higher raw material integration, low leverage and greater exposure to the domestic market

Axis Securities says 'Buy' Jindal Steel; 3 reasons behind bullish call

Axis Securities bets on JSW Steel's position at the brink of capacity expansion, its growing product portfolio, and attractive valuation

Jindal Stainless, Jindal Steel, SAIL, Tata Steel rally up to 4%; here's why

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 up 2nd straight day, rally up to 5%; SAIL, JSL hit 52-wk highs

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.

Nifty Metal index hits record high, surges 27% in CY2025; here's why

At 09:55 AM; Nifty Metal index, the top gainer among sectoral indices on Monday, was up 1.5 per cent, as compared to 0.08 per cent rise in the Nifty 50.

TMPV, Adani Power, ONGC, 5 other largecaps with 'Bearish Engulfing Pattern'

In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely overshadows the preceding day's price action on the charts.

Antique reaffirms 'Buy' on Jindal Steel; expects expansions to fuel profit

The brokerage believes that cost efficiencies from increased captive coal, a slurry pipeline, and higher captive power generation will support margins

Nomura sees China shift boosting Tata Steel, JSW Steel and Jindal Steel

Nomura says the broad-based slowdown validates earlier expectations of a sharper demand slump in the second half of the year.

Stocks to buy? HEG, Jindal Steel among 5 stocks with 18% upside potential

Technical charts suggest that HEG, Graphite India, Chennai Petro, Jindal Steel and Deepak Fertilisers can potentially rally up to 18% from here; here are the key levels to track on these 5 stocks.

Jindal, Tata Steel rally up to 4%, near record highs; JSW Steel at new high

Motilal Oswal Financial upgrades Tata Steel from Neutral to BUY with a target price of ₹210 per share, while InCred Equities upgraded SAIL's rating to ADD from REDUCE, with a target price of ₹158.

Q2 results today: TVS Motor, Jindal Steel, Tata Capital, 58 more on Oct 28

Q2FY26 company results: Firms including Adani Green Energy, Blue Dart Express, Mahindra & Mahindra Financial Services, and Icra are also to release their July-September quarter earnings reports today

Jindal Group likely to send team to assess Thyssenkrupp Steel assets

A delegation from Jindal Steel International is expected to visit Germany soon to evaluate various financial and operational aspects of thyssenkrupp Steel's assets, in which the Naveen Jindal-led group entity has expressed interest. In September, Jindal Steel International submitted a non-binding offer to thyssenkrupp AG and initiated discussions for the potential acquisition of its steel division. According to industry sources, the company is now preparing to send representatives to Germany to conduct an in-depth assessment of the thyssenkrupp Steel facilities. The evaluation will include a technical review of plant machinery and a broader analysis of the business operations. Sources added that discussions may also be held with workers at the site, as thyssenkrupp Steel is believed to carry a pension liability of approximately 2.7 billion euros. The steel facility in question, located in Duisburgabout 550 km from Berlinhas an annual production capacity of around 11 million tonnes

Thyssenkrupp in 'intensive' talks with Jindal Steel over sale of steel unit

Jindal Steel International last month made an indicative bid for Thyssenkrupp Steel Europe (TKSE), Europe's second-largest steelmaker

Jindal Steel commissions 3 MTPA oxygen furnace at Odisha's Angul plant

Jindal Steel on Tuesday announced commissioning a basic oxygen furnace (BoF) of 3MTPA capacity as part of its ongoing over Rs 20,000 crore expansion project at Angul in Odisha. With the installation of the new BoF, the plant's crude steel making capacity has increased to 9 million tonne per annum (MTPA) from 6 MTPA earlier, Jindal Steel said in a statement. A basic oxygen furnace (BoF) converts molten iron or hot metal into steel using gaseous oxygen. The Naveen Jindal group company is in process of investing over Rs 20,000 crore to scale up the capacity of its Angul facility to 12 MTPA making it one the country's largest single location steel manufacturing unit. Jindal Steel said it has commissioned its 250 MT BoF converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. "The new BoF is now running, and the first heat has been successfully tapped. This achievement marks a significant step toward Angul's goal of becoming a 12 MTPA steel-making pla

Analysts hike Jindal Steel target price; 4 key triggers behind the upgrade

Analysts at Nuvama have revised their target price on the Jindal Steel stock to ₹1,426 from ₹1,193 earlier, valuing it at 7x FY28E EV/Ebitda, and reiterated a 'Buy' rating.

Nifty may take a breather; Tata Steel, Power Grid among top stocks to buy

Looking ahead, a temporary breather cannot be ruled out, with immediate support placed around 24,900-25,000