Jindal Steel Ltd News

NALCO, Hindalco rally up to 4% as aluminium prices rebound

The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.

Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless

Systematix said that it remains structurally positive on long-term growth outlook for India's integrated steel sector. The brokerage has initiated coverage on Jindal Steel & Jindal Stainless with Buy.

Metal shares trade weak; Hindalco, Hind Zinc, Vedanta slip up to 4%

In the past six trading days, the Nifty Metal index has underperformed the market by falling 6 per cent, as compared to 0.4 per cent decline in the Nifty 50.

Top stocks to buy today: Anand James of Geojit bets on theses 3 shares

Anand James, chief market strategist at Geojit Investments, is bullish on the shares of Jindal Steel, SJS Enterprises, and Fortis Healthcare today

Nifty Metal index soars 3%; Nalco, Hindalco, Tata Steel rally up to 5%

Since April, the Nifty Metal index has zoomed 25 per cent, as against 7.2 per cent gain in Nifty 50.

Jindal Steel shares rise 4% on Q4 results; analysts peg up to 11% upside

Analysts broadly retained their bullish stance, expecting steel prices to remain steady at healthy levels, thereby supporting margins

'Sell in May' not a good approach in 2026, says tech analyst Ajit Mishra

Nifty may remain rangebound in near-term; investors may prefer a calibrated strategy - staying invested while selectively booking profits in overheated stocks, says Ajit Mishra of Religare Broking.

Jindal Steel turns profitable with over ₹1,000 crore net profit in Q4

Jindal Steel on Saturday posted a consolidated net profit of Rs 1,041 crore during the quarter ended March 2026, on account of higher revenues contributed by "record sales". The steel maker had reported a loss of Rs 304 crore in the year-ago quarter. During the latest January-March period, the company's total income rose 25 per cent to Rs 16,484.28 crore from Rs 13,254.94 crore in the fourth quarter of the preceding 2024-25, according to a statement. On a quarter-on-quarter basis, the net profit jumped fivefold from Rs 189 crore recorded in the October-December quarter of FY26. In the entire FY26, the net profit jumped around 20 per cent to Rs 3,361 crore from Rs 2,846 crore as of March 2025. Total income surged to Rs 53,553.14 crore in FY26 from Rs 49,932.48 crore in the preceding financial year. Jindal Steel said the company has "reported its highest ever production and sales during FY26. Production grew by 14 per cent to 9.25 MT, while sales grew by 9 per cent YoY to 8.68 MT.

5 reasons why Goldman Sachs is bullish on Indian steel stocks

Goldman Sachs has initiated coverage of Indian metal (steel) stocks as itsees India as the next steel demand driver. It is bullish on Tata Steel, JSW Steel, Shyam Metalics among others

Q4 metal preview: Steel rebound to drive growth; non-ferrous mixed bag

Most brokerages expect a healthy improvement in earnings for the ferrous sector, with Ebitda growth likely on both a year-on-year (Y-o-Y) and quarter-on-quarter (Q-o-Q) basis

Metal stocks up 22% from Mar lows; Analyst sees up to 18% upside in these 3

Ajit Mishra expects upside momentum to continue in metal shares for now. Among individual stocks he predicts up to 18% upside in Jindal Steel, National Aluminium and NMDC.

Thyssenkrupp, Jindal Steel sale talks falter on pension and energy costs

The companies could decide to officially stop negotiations as soon as next month, one of the people said

West Asia crisis: Jindal Steel doubles Angul complex capacity to 12 MTPA

Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions

Thyssenkrupp-Jindal steel sale talks 'not moving forward': Deputy chairman

Juergen Kerner said labour representatives ‌had presented Jindal, which has been doing due diligence on Thyssenkrupp's steel unit since October, with a detailed questionnaire

Steel stocks in focus: SAIL, Tata Steel, JSW, Jindal Steel rally up to 4%

In the ferrous space, analysts at ICICI Securities don't foresee any major impact due to ongoing geopolitical tensions as exports share of total steel production is pegged at <6 per cent.

Nifty Metal index plunges 4%; Nalco, Hindalco, Tata Steel crack up to 7%

Nifty Metal index: At 10:45 AM on Friday; the metal index was the top sectoral indices loser down 4.3 per cent as against 1.3 per cent decline in the Nifty 50.

Nomura retains confidence in Indian steel cos; Tata, JSW among top picks

Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600

Nifty Metal slides 4% amid West Asia conflict; analysts flag risks

According to analysts, the broader weakness in metal stocks reflects the risk-off sentiment across global markets amid rising geopolitical tensions

Nifty Metal index rallies 3%; Vedanta, Lloyds, Nalco, SAIL rally up to 5%

Tata Steel, JSW Steel and Jindal Steel hit their respective all-time highs on the NSE today

Steel stocks SAIL, Tata, JSL, JSW, Jindal gain up to 2%; here's why

The policy support, safeguard measures, and the likelihood of regulatory adjustments are improving industry visibility, say analysts.