Page 3 - Steel Stocks

Tata Steel, SAIL: Analysts give 'sell' call on steel stocks; here's why

Individually, Welspun Corp, and Steel Authority of India dropped 8.5 per cent each, NMDC 4.9 per cent, APL Apollo Tubes 3.8 per cent, and Adani Enterprises 2 per cent in the last one month

This smallcap stock has surged 42% in 2 days; nearly doubled in 13 days

Shares of John Cockerill India hit a new high of Rs 6,443, and have zoomed 98% from a level of Rs 3,250 hit on June 5, 2024.

This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr

The board of directors of Godawari Power & Ispat are scheduled to meet on Saturday, June 15, 2024 to consider and approve a proposal for buyback of equity shares.

JSW Steel stock falls 2% as profit plunges 65% in Q4

JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore

Metal shares rally up to 10%; Hindustan Copper, SAIL hit over 12-year highs

The Nifty Metal index hit a new high at 8,984, and was up 2 per cent in Tuesday's intra-day deals. The index has surged 9 per cent in the last one month.

Steel stocks surge up to 5% on muted Chinese steel output

The stocks of domestic steel companies surged nearly 5 per cent on Monday, on the back of muted steel production data from China. Share prices of Tata Steel, Jindal Steel and SAIL moved up

Kamdhenu soars 41% in one week ahead of Board meet for fund raising

A meeting of the Board of Directors of Kamdhenu is scheduled to be held on Saturday, January 13, 2024, to consider and approve the proposal for fund raising

Stock of this iron & steel company has zoomed over 90% in 10 days

Shares of Gallantt Ispat hit a record high and were locked at the 10 per cent upper circuit for the second straight day on strong business outlook.

Stocks to Watch today, Sep 13: Infosys, Vedanta, BoB, Paytm, KEC, SpiceJet

Stocks to watch on Wednesday, September 13, 2023: Steel stocks too may see some action India and the US plan to enable exports of at least 336,000 tonnes of certain steel and aluminium products withou

Stocks to Watch, Sep 12: L&T, RIL, Lupin, Hindalco, TVS Supply, Power Grid

Stocks to watch on Tuesday, September 12, 2023: From L&T raising its share buyback price, Bajaj Finance planning to enter new car loans segment, Power Grid to trade ex-bonus and more.

Shyam Metalics hits 10% upper circuit post July sales numbers

The stock has rallied nearly 77 per cent so far this fiscal year as against a 12 per cent rally on the benchmark Nifty 50.

Stock of this smallcap industrial products company has zoomed 90% in July

Lloyds Steels Industries hit a record high of Rs 44.74 on rallying 16 per cent on the BSE in Monday's intraday trade amid heavy volume.

Maha Seamless hits new high, up 5% as firm prepays loan to turn debt free

The company made voluntary prepayment of outstanding long term loan of Rs 234 crore on June 09, 2023. The stock has zoomed 53 per cent so far this year.

Stock of this iron & steel products company has zoomed 102% in six weeks

Till 02:48 PM; a combined 9.8 million equity shares or 6.5 per cent of total equity of the company changed hands on the NSE and BSE.

This stock has zoomed over 900% in 3 years, company to mull bonus issue

So far in the calendar year 2023, VSSL surged nearly 40 per cent after the company reported strong operational performance in Q3FY23, due to higher sales of value added products and cost optimisation

Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue

In past three months, the stock has zoomed nearly 50 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.

Sunflag Iron up 15% in two days on acquiring 11.89% stake in Lloyds Metals

LMEL on March 16, converted and allotted the 0% 60 million OFCD's in to 60 million equity shares, representing 11.89% in the total voting equity share capital of LMEL to Sunflag Iron.

Vardhman Special Steel soars 9% on starting production for Toyoto Group Co

The company said sales of these products for FY2023- 24 will be 10,000 MT approx and further increase with receipt of more approvals in next 2-3 years.

NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut

A combined, around 7.5 million equity shares had changed hands and there were pending buy orders for 19 million shares on the NSE and BSE till 10:16 AM

Tata Steel slips 5% on profit-booking after disappointing Q3 performance

The disappointing performance during the quarter was on the back of a sharp drop in realisations in Europe coupled with a non-cash deferred tax expense on account of British Steel Pension Scheme.