Nifty 22,500 remains a crucial juncture, a decisive breach below this level could accelerate the decline towards 22,200 on intermediate basis, says Osho Krishan of Angel One.
Stocks to watch today: Reliance Industries, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs, STL Networks, RBL Bank, among others will be in focus today
JSW Cement will issue five shares for every 41 Shiva Cement shares held by public shareholders; the proposed merger is expected to be completed within 12-14 months
JSW Cement Ltd, part of Sajjan Jindal-led JSW Group, will merge with its listed subsidiary Shiva Cement, a move that will create a "single unified cement platform" and unlock operational, financial and management synergies. The board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the company said in a late-night filing on Tuesday. As per the scheme, "JSW Cement will issue 5 equity shares of face value Rs 10 for every 41 equity shares of face value Rs 2 held in Shiva Cement to the shareholders of Shiva Cement." The scheme is subject to receipt of requisite approvals from the stock exchanges, SEBI, the National Company Law Tribunal (NCLT), Odisha Industrial Infrastructure Development Corporation, other statutory and regulatory authorities, including shareholders and creditors. "The transaction is expected to be completed within 1214 months, subject to timely receipt of regulatory approvals," it said. The compa
JSW Cement reported a net profit of Rs 160.64 crore in Q1 FY27 against a year-ago loss of Rs 1,356.17 crore, while revenue from operations rose 21.57 per cent YoY.
India's JSW Cement reported a first-quarter profit on Thursday, as healthy demand and price hikes helped offset cost pressure.
Q1FY27 company results: Firms including Jubilant Foodworks, Brigade Enterprises, CESC, DCM Shriram Industries, and Dev Information Technology are also to release their April-June earnings today
Stocks to buy today: Vinay Rajani of HDFC Securities has recommended two stocks for today - LTM and JSW Cement.
JSW Cement reported a net profit of ₹371.3 crore as compared to ₹34.2 crore in the year-ago period
JSW Cement reported an 11-fold jump in Q4 profit, aided by a one-time tax benefit and higher cement and GGBS sales
India's demand for cement accelerated 6 per cent-7 per cent year-on-year in January and February due to strong growth, but moderated in March
In the March quarter (Q4FY26), JSW Cement reported a net profit of ₹371.33 crore, as compared to ₹95 crore a year ago, jumping 985 per cent
Q4FY26 company results: Firms including Astral, Triveni Turbine, Strides Pharma, DOMS Industries, Strides Pharma Science, and JK Paper are also to release their January-March earnings today
Stocks such as Anlon Healthcare, Jaro Institute, VMS TMT, Shree Ram Twistex and Glottis are down in the range of 50 to 80 per cent, as per data shared by PRIME Database.