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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.
Tata Steel pumps ₹1,625 crore into Singapore arm as global investment push continues
Tata Steel has invested ₹1,625 crore in its Singapore-based subsidiary T Steel Holdings. The move is part of a larger investment programme that allows the steelmaker to invest up to $26.21 billion in the overseas unit.
Chola Securities sees buying opportunity in metals and cement stocks
Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Stocks to buy for long term: Tata Steel, EIL among 5 stocks ICICI Securities' Pankaj Pandey suggests for up to 36% gains
Stocks to buy for long term: ICICI Securities' Pankaj Pandey recommends five quality stocks poised for long-term gains. From Artemis Medicare, EIL to Tata Steel, discover the compelling reasons behind these picks and how they can bolster your investment portfolio in the coming years.
FY27 capex: Adani, Tata, JSW, Coal India lead India Inc's investment push
India Inc plans an aggressive FY27 capex across energy, infrastructure, metals, EVs and data centres after ₹10.5 trillion investment in FY26, notes ICICI Securities
Deven Choksey on Hindalco, SBI and IT stocks: Buy now or wait?
Deven Choksey MD of DRChoksey Finserv sees Hindalco as fairly priced but worth buying on dips, SBI as a strong accumulate near ₹930, and mid-tier IT names like KPIT and Tata Technologies as contra-buy opportunities. He also flags concerns over excessive derivative volumes distorting equity markets and suggests quarter two FY26 could offer better entry points in quality stocks. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Deven Choksey cautious on jewellery, gold finance and paint stocks
Deven Choksey of DRChoksey Finserv remains cautious on jewellery, gold finance and paint stocks despite strong demand trends. He believes jewellery and gold finance companies are largely fully priced after a strong run and investors should wait for better entry points after meaningful corrections. On paint companies, Choksey expects competitive and cost pressures to remain high for now. He sees potential in selective midcaps such as Tata Technologies and some real estate names. Choksey also sees Hindustan Zinc and Vedanta benefiting from higher silver prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Tata Steel shares in focus as firm set to merge Neelachal Ispat Nigam, invest up to $2 billion in Singapore arm
Tata Steel shares will be in focus after the company approved the merger of Neelachal Ispat Nigam and a $2 billion investment in its Singapore arm. It also plans to acquire full control of Medica TS Hospital. The moves aim to streamline operations, support global subsidiaries and enhance long-term growth.
Tata Steel merges Neelachal Ispat Nigam, plans $2-bn investment in Singapore arm
The board sanctioned the merger of Neelachal Ispat Nigam Ltd, with net assets of ₹2,365.81 crore and revenue of ₹5,701.06 crore in FY25. Shares of Tata Steel Ltd ended at ₹195.40, up by ₹8.25, or 4.41%, on the BSE today, March 17.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Tata Steel To Invest Rs 11,000 Crore In Jharkhand For Developing Advanced Grade Steel
The steel major has pioneered and developed the technology, and its first investment will be in Jamshedpur