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Bansal Wire Inds sugres after securing trial order from the largest tyre manufacturer
Bansal Wire Industries (BWIL) jumped 4.88% to Rs 318 after the company announced that it has successfully secured a trial purchase order for its product Steel tyre Cord from one of the largest tyre manufacturers in the industry.
'Maalik Bankar Rehna Zaroori Nahi' - Key takeaways from the Anil Agarwal interview
Vedanta Group Chairman Anil Agarwal expressed confidence that every demerged entity, Aluminium, Oil & Gas, Iron & Steel, and Power, will be worth $100 billion in the future.
SEPC rallies after securing Rs 673-crore order from SAIL's IISCO Steel Plant
SEPC surged 7.50% to Rs 7.45 after the company announced that it had secured a major order worth Rs 673.32 crore from Steel Authority of India (SAIL)'s IISCO Steel Plant (ISP), Burnpur, for its 4.08 MTPA crude steel expansion project.
Vedanta Iron & Steel shares list at Rs 22 on BSE as mega demerger concludes
Vedanta Iron & Steel debuted on the BSE at Rs 22 and NSE at Rs 20 on Monday as part of Vedanta's demerger plan. The company, with operations in India and Africa, focuses on iron ore and steel production. Its market capitalization at debut was approximately Rs 7,821 crore.
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.
SEPC secures order of Rs 673 cr from SAIL's IISCO Steel Plant
SEPC has secured a major order worth Rs 673.32 crore from Steel Authority of India (SAIL) V IISCO Steel Plant (ISP), Burnpur for its 4.08 MTPA Crude Steel Expansion Project. The order reinforces SEPCs growing presence in the industrial EPC segment and marks another significant milestone in the Company's strategy to strengthen its position in large-scale steel and heavy industrial infrastructure projects.
Steel Exchange receives APCRDA approval for its flagship SIMHADRI TMT products
For use in ongoing construction works under Amaravati Capital City development program
Vedanta shares jump over 2% ahead of mega demerger; 4 new stocks to list today
Vedanta shares surged over 2% as four demerged entities prepared to list on Monday, marking a significant restructuring milestone. Eligible shareholders received one share in each new company for every Vedanta share held. The demerger aims to unlock value across Vedanta's diverse operations in aluminium, oil & gas, power, and iron & steel.
Hindalco Over Tata Steel, NMDC: UBS Chooses Its Metal Of The Moment; Check Top Picks
The brokerage launched coverage on eight companies with Buy ratings on Hindalco, NALCO and Coal India, Neutral ratings on Tata Steel, JSW Steel and Jindal Steel, and Sell ratings on SAIL and NMDC.
Tata Steel Share Price Live Updates: Tata Steel Market Volume Update
JSW Steel Share Price Live Updates: JSW Steel Trading Overview
Bansal Wire secures trial purchase order for steel tyre cord from major tyre maker
On Friday (June 12), shares of Bansal Wire Industries Ltd ended at ₹304.40, up by ₹15.85, or 5.49%, on the BSE.