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Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologies
Tata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment will bolster expansions in tinplate, wires, and new facilities, alongside ongoing projects in mining and sustainability. The company aims to boost its long-term steelmaking capacity to over 50 million tonnes, primarily driven by growth in India.
Explained - What led to Havells, Page Industries and Titan shares surge up to 4% on Wednesday
Havells' growth will improve in the current financial year, according to Citi, led by strong growth in cables and wires, a gradual recovery in consumer businesses and the solar segment emerging as a meaningful growth driver.
Ram Ratna Wires Q4 profit, EBITDA zoom over 2x on revenue surge
The company's revenue jumped 83% YoY with EBITDA and margins on firm ground; the board recommended ₹2.5/share dividend. Ahead of the announcement of the results, shares of Ram Ratna Wires ended 1.16% higher at ₹475.90 on the NSE today, May 26.
Market Trading Guide: Buy Ram Ratna Wires and Tata Motors PV on Monday for gains up to 12%
Nifty extended gains for a third straight session, supported by buying in financials, energy and auto stocks. Analysts highlighted improving technical momentum and recommended Ram Ratna Wires and Tata Motors Passenger Vehicles after bullish breakout patterns, rising volumes and strengthening market sentiment indicated further upside potential.
Precision Wires Q4 profit jumps 45%; board approves fresh working capital lines
Precision Wires reported strong Q4FY26 growth with profit rising 45% and revenue climbing over 30%, while the board declared a final dividend and approved fresh working capital facilities.
Orient Electric Q4 profit jumps 29% despite supply chain disruptions and softer demand
Consumer electricals maker posts steady growth in Q4FY26 driven by strong performance in lighting, switchgear and wires businesses, while EBITDA margin improves to 8.2%.
Polycab shares rise 6% as HSBC raises price target to ₹9,500; Here are key upside triggers
HSBC said its execution-driven market share gains in wires and cables and the FMEG margin expansion is set to drive an estimated 20% earnings per share (EPS) compound annual growth rate (CAGR) for Polycab over financial year 2026-2029.
Polycab India Q4 results: Profit rises 7% to Rs 786 crore; co declares Rs 47/share dividend
Electrical goods maker Polycab India reported a strong Q4 with 27% revenue growth to Rs 8,865 crore, driven by robust wires & cables and FMEG performance. Profit rose 7% to Rs 786 crore, while FY26 marked record revenues, margins, and a Rs 47/share dividend.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 10 March 2026
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — MCX, Precision Wires India, Vardhman Textiles, Apollo Hospitals Enterprise, and CCL Products (India).
Trade Spotlight: How should you trade Chambal Fertilisers, Kirloskar Oil Engines, Vidya Wires, Usha Martin, NTPC Green Energy, and others on May 27?
The market is likely to remain in a consolidation phase as long as it trades below Tuesday's high. Below are some short-term trading ideas to consider.
Momentum Stocks: Fabtech Tech, Arvind Smart, Vdeal System rally up to 16% on sheer momentum
GE Power India and Vidya Wires were locked in the upper circuit, indicating strong buying demand and limited availability of sellers, a sign of bullish near-term sentiment.
Momentum Stocks: Igarashi Motors, Niraj Cement, Transwarranty Finance gain on sheer momentum
Sasken Technologies, Madhucon Projects and Vidya Wires were locked in the upper circuit, indicating strong buying demand and limited availability of sellers.