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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 ..
JSW Steel Share Price Live Updates: JSW Steel's three-month return highlights market strength
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.
Aluminium deficit to support prices; Vedanta top pick: Kotak’s Sumangal Nevatia
Sumangal Nevatia, Analyst, Kotak Institutional Equities maintains a constructive view on domestic steel, favouring non-integrated players like JSW Steel and JSPL due to supportive government policies and margin expansion potential.
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.
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.
Steel, Aluminium stocks in focus as US signals possible tariff tweaks
Jamieson Greer signaled possible US tariff adjustments on steel and aluminium, impacting Indian stocks like Vedanta Ltd, Hindalco Industries, JSW Steel, and Novelis Inc. Markets await further clarity.
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.
India steel earnings outlook stays firm despite rebar slump; Nomura keeps ‘Buy’ on Tata Steel, JSW Steel
Despite the recent correction, Nomura said Indian steelmakers remain well placed to deliver stronger earnings.
Promoter sells Rs 1,896 crore worth Vedanta shares, Nexus Ventures offloads Rs 208 crore Delhivery shares
Bollywood actor Amitabh Harivansh Rai Bachchan net sold 82,056 shares worth Rs 1.64 crore in DP Wires -- the steel wires and plastic pipes manufacturer.
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Buy JSW Steel; target of Rs 1400: Motilal Oswal
Motilal Oswal is bullish on JSW Steel recommended buy rating on the stock with a target price of Rs 1400 in its research report dated March 10, 2026.