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‘Europe will become irrelevant for us’: JSW Steel doubles down on India growth with massive capex plan
JSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market share. The company's confidence stems from structural improvements in its EBITDA floor and efficient brownfield expansion, ensuring robust internal cash generation to fund growth.
JSW Steel’s JVs put it on track to be among top global steelmakers outside China
Including planned capacity expansions at BPSL, the tie-ups with Japan's JFE Steel and Korea's POSCO would add about 16 mtpa capacity by 2032, setting it on course to reach 80 mtpa capacity by 2032, according to Jayant Acharya, the chief executive officer and joint managing director of JSW Steel.
India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix
India faces high energy import costs and a weakening rupee. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technology. This innovation promises substantial fuel savings and emission reductions for Indian industries. The technology requires no engine modification or plant shutdowns. Trials in India show promising results for refineries, steel plants, and power units.
Stocks to Watch for May 18: Vodafone Idea, REC, PFC, RBL Bank, Tata Steel, Coal India and more
From Vodafone Idea reacting to its results and fund raising approval to REC and PFC's update on their merger, there are plenty of stocks that should be on your radar going into Monday's trading session on May 18. Here is the complete list:
John Cockerill India bags ₹440–470 crore order from JSW Steel Coated Products
Shares of John Cockerill India Ltd ended at ₹5,290.00, up by ₹33.75, or 0.64%, on the BSE.
JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 years
JSW Steel reported a nearly 13-fold surge in Q4 profit driven by an exceptional gain and record volumes. The company plans aggressive expansion, targeting 78 million tonne capacity by FY32, supported by JVs, higher capex and strong domestic steel demand growth outlook.
SAIL Q4 Results: Cons PAT surges 47% YoY to Rs 1,835 crore, revenue rises 5%
SAIL reported a strong Q4FY26 performance with net profit rising 47% year on year and revenue growing 5%. Sequential profit surged sharply, EBITDA improved significantly, and the board recommended a dividend of Rs 2.35 per share despite mixed global steel production trends and output softness.
SAIL Q4 profit jumps 47% amid record production & sales, beats estimates; declares dividend
EBITDA rose 30.3% to ₹4,409 crore from ₹3,484 crore YoY and was above the poll estimate of ₹4,101 crore. The EBITDA margin improved to 14.3% from 11.5%. Shares of Steel Authority of India Ltd ended at ₹192.35, down by ₹6.70, or 3.37%, on the BSE today, May 15.
SAIL Q4 Results: Net profit jumps 47% YoY to ₹1,836 crore; declares final dividend of ₹2.35 per share
Steel Authority of India (SAIL) reported a 47% year-on-year jump in consolidated net profit for the March quarter at ₹1,836 crore. In the corresponding period last year, the PSU steelmaker had posted a net profit of ₹1,251 crore.
Tata Steel fixes record date for dividend
Record date is 12 June 2026
Tata Steel Q4 Results: Profit Up 9%, Revenue Tops Rs 63,000 Crore; Dividend Declared
Tata Steel's revenue from operations came in at Rs 63,270 crore, up 11% from Rs 57,002 in the preceding quarter.
Tata Steel Q4 Results: Cons PAT soars 147% YoY to Rs 2,965 crore, revenue jumps 13%
Tata Steel Q4 Results: Tata Steel reported a consolidated net profit of Rs 2,965 crore in the March-ended quarter versus Rs 1,201 crore in the year ago period, a 147% YoY growth.