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Rajputana Stainless IPO opens March 9: Check 10 key things to know from RHP before investing
Rajputana Stainless Ltd is set to launch an IPO from March 9-11, 2025, aiming to raise ₹255 crore at ₹116-122 per share. The company focuses on stainless steel manufacturing and exports to nine countries.
Tata Steel to invest Rs 11,000 cr in Jharkhand; aims to ramp-up advanced grade steel production
Tata Steel will invest eleven thousand crore rupees in Jharkhand. This investment is for developing advanced green steel technology at its Jamshedpur facility. Tata Motors will also invest in hydrogen trucks at the same location. The Tata Group will form an experts' panel to explore further investments in Jharkhand's development.
Rajputana Stainless sets price band for ₹255 crore IPO opening March 9
Rajputana Stainless Ltd on Monday fixed a price band of Rs116-122per share for its upcoming Rs 255 crore initial public offering (IPO). The company's maiden public offering will open on March 9 and conclude on March 11, according to its statement. The IPO is a combination of a fresh issuance of up to 1.46crore equity shares and an offer-for-sale of up to 62.5 lakh shares by promoter Shankarlal Deepchand Mehta. This aggregates the total fund raising to Rs 255 crore at the higher end of the price band. The company will use the proceeds from the fresh issue to set up a manufacturing facility at Panchmahal district, Gujarat, expand its product portfolio, repay debt, and cover general corporate purposes. Incorporated in 1991 as Rajputana Steel Castings, the company transitioned into Rajputana Stainless in 2007 after a strategic restructuring. Rajputana Stainless specialises in manufacturing long and flat stainless-steel products which include billets, forging ingots and rolled black ..
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
HEG Greentech demerger: Why Madhusudan Kela is betting ₹500 crore on this pivot
Steel is going green, and HEG sits at the center of this shift. As electric arc furnace capacity rises and energy storage expands, the company is betting on electrodes and clean-tech to power the transition.
Steel minister H.D. Kumaraswamy urges industry to tap FTAs to boost EV Exports
Union Minister for Heavy Industries and Steel H.D. Kumaraswamy urges Indian industry to use FTAs to boost EV exports, supporting Atmanirbhar Bharat and Viksit Bharat 2047 vision.
Steel price hike likely in March quarter; JSPL, JSW top picks: Axis Securities
Aditya Welekar, Senior Research Analyst-Metals at Axis Securities says another steel price hike in the January-March quarter of 2026 (Q4FY26) cannot be ruled out, expects spread expansion, and prefers JSPL and JSW over SAIL, which he sees as a tactical bet.
India's January Core Sector Growth Slows To 4%, Power Output Slumps
Steel production remained strong, with the output rising by 9.9% after a 6.9% growth in December.
Stocks to buy in 2026 for long term: Tata Steel, Eicher Motors among 5 stocks that could give double digit return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
Tata Steel among 5 stocks that hit 52-week highs and rallied up to 10% in a month
Despite the Sensex plunging 1,236 points to 82,498, five BSE 100 stocks touched fresh 52-week highs. Indus Towers, Tata Steel, Eicher Motors, Bajaj Auto and Marico showed strong momentum, signaling investor confidence and potential for further upside amid broader market weakness.
Steel, paint, power and cars: Inside JSW’s ‘Chaebol-style’ strategy to disrupt the auto market
JSW Group is planning to drive into a market dominated by Maruti Suzuki, one in which Hyundai is a distant second, and one in which the top four companies make four out of five vehicles. But founder Sajjan Jindal has his eyes set on a different lane.
Stocks to watch on Feb 18: Vedanta, Hindalco, JSW and more
From reports of Trump administration's plans to roll back tariffs on steel and aluminium to BHEL securing a 'letter of acceptance' for a captive power plant to Eternal announcing a strategic collaboration with OpenAI, these are some of the stocks to watch ahead of Wednesday's trading session.