Page 7 - Jsw Steel

JSW Steel becomes world's most valuable steelmaker with $30.3 bn market cap

JSW Steel's stock has surged 18 per cent in 2025, making it one of the top performers on Nifty 50 index. With a market capitalisation of $30.31 billion, it leads its domestic & international peers

Piombino Steel to buy back 220 mn shares from JSW Steel for Rs 1,676 cr

JSW Steel on Tuesday said it will sell over 22 crore shares in its subsidiary Piombino Steel Limited (PSL) under the proposed buy-back offer for Rs 1,676.45 crore. It holds 508 crore equity shares in PSL, constituting 83.28 per cent of the total equity shareholding of PSL, JSW Steel said. The Board of Directors has approved tendering of 22,26,36,000 equity shares held in PSL, under the proposed buy-back offer at a price of Rs 75.30 per equity share. This move will help company further strengthen its balance sheet, JSW Steel said. The buyback has also been approved by the board of PSL to buyback the said number of shares from parent JSW Steel at a price of Rs 75.30 per share aggregating to a total consideration not exceeding Rs 1,676.45 crores, subject to approval of the shareholders of PSL, it added.

Metal stocks shine: HZL, SAIL, JSW Steel rally up to 10% on safeguard duty

Metal stock rally: The Nifty Metal index rose as much as 1.67 per cent to hit an intraday high of 9,185.20.

ArcelorMittal Nippon sues India over raw material import as fight escalates

ArcelorMittal Nippon has already warned New Delhi privately that it may have to severely curtail steelmaking and delay any expansions due to the curbs

Bajaj twins, Maruti, 13 others outrun Sensex, Nifty in 2025; do you own?

15 Sensex stocks and 9 Nifty stocks outperformed the benchmark indices, so far in 2025, as they surged up to 23 per cent

Nomura bullish on Indian steel industry; maintains 'Buy' on JSW Steel, JSPL

Nomura has set a target price of Rs 1,220 and Rs 1,080 for JSW Steel and JSPL, respectively.

Tata Steel, SAIL: Outlook for Indian steel stocks on Trump tariff woes

Technical chart shows that Nifty Metal has a strong support base around the 8,000-mark; In case, the index violates the same it can slide another 15 per cent from present levels.

Trump's steel tariff threat hammers related stocks; Nifty Metal falls 3%

Steel tariff Trump news: US President Donald Trump may announce a 25-per cent tariff across all the imports of steel and aluminum as early as Monday

Rajesh Bhosale of Angel One recommends buying these stocks on February 10

Over the past few weeks, Redington share has witnessed strong volume activity, culminating in a bullish breakout this week

JSW to invest Rs 1 trn in Maha's Gadchiroli for world's largest steel plant

The investment will be spread over the next seven to eight years. It can be one of the most ambitious projects in India's steel sector

Vedanta, SAIL, Hindalco, JSW Steel, Tata Steel drop up to 6%; here's why

The Nifty Metal Index slumped 3.37 intraday on Monday, as heavy selling pressure dragged down key stocks across the sector

Brokerages split after JSW Steel Q3 results miss estimates; share down 4%

JSW Steel reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24

Markets Today: ICICI Bank, Tata Steel Q3; FIIs; Denta Water IPO allotment

In the previous session, the Sensex declined 329.92 points, or 0.43 per cent to 76,190.46. Similarly, the Nifty50 ended the day 113.15 points, or 0.49 per cent, lower at 23,092.20

Projects may be delayed if margins come under pressure: JSW Steel's Acharya

Jayant Acharya tells Ishita Ayan Dutt, the steel industry expects the government to decide on safeguard measures from dumping post-Budget

JSW Steel Q3FY25 results: Net profit down 70% on lower steel prices

Total revenues on a consolidated basis in Q3FY25 stood at Rs 41,378 crore, down 1.3 per cent Y-o-Y from Rs 41,940 crore a year ago

Q3 results Jan 24: DLF, Indigo, JSW Steel among 81 to post earnings today

Q3FY25 company results, January 24: Godrej Consumer Products, Bank of India, and AU Small Finance Bank will release results for the Oct-Dec quarter today

JSW Steel seeks syndicated loan of up to $900 mn from international lenders

JSW Steel's loan comes amid a busy period for Indian borrowers, with Reliance Industries and Greenko Energy Holdings's founders also tapping foreign debt as local funding rates remain elevated

JSW Steel Q3 Preview: Profit may plunge up to 80%, Ebitda to drop 30% YoY

JSW Steel is expected to face a challenging Q3FY25, with analysts forecasting weaker earnings due to softer steel prices and subdued demand

JSW Steel consolidated crude steel production rises 2.3% to 7 MT in Q3

Sajjan Jindal-led JSW Steel on Friday said its consolidated crude steel production rose by 2.3 per cent to 7.03 million tonnes (MT) in the third quarter of the current fiscal. The company's steel output was 6.87 MT in the year-ago period, JSW Steel said in a filing to BSE. The company's Indian operation's crude steel production rose by 3 per cent to 6.82 MT, over 6.63 MT in the year-ago period, the filing said. Capacity utilisation at Indian operations excluding trial run stood at 91 per cent for the third quarter of the ongoing financial year. "Production and capacity utilisation for the quarter was affected due to temporary maintenance activity at one of the Blast furnaces at Dolvi in the month of October, which resumed normal operations in the first week of November," the company said. JSW Steel's 5 million tonnes per annum (MTPA) integrated steel project at Vijayanagar, set up by wholly owned subsidiary of the company, JSW Vijayanagar Metallics Ltd (JVML), is progressing ...

JSW Steel's $50 billion Mozambique coal deal frozen amid legal dispute

JSW Steel Ltd. run by Sajjan Jindal - agreed in May to buy Minas de Revuboe from the estate of Ken Talbot, an Australian mining tycoon