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Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh shares
Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share swaps. The deal expands its engineering, EPC and infrastructure capabilities, adding manufacturing capacity, design centres and a diversified project portfolio.
Lloyds Engineering to acquire Steel Infra Solutions in ₹1,073 crore deal
Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions for ₹1,073 crore through a mix of cash and share swap, strengthening its engineering and infrastructure capabilities.
JSW Steel in Focus: Motilal Oswal Bullish on Double-Digit Growth — Check Target Price, Upside
At current levels, JSW Steel trades at around 7.5x FY28 estimated EV/Ebitda, which the brokerage believes remains attractive given the earnings growth trajectory.
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China
Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure projects are driving growth. This expansion is expected to offset slowing demand from China. Both companies are well-positioned to support India's ambitious steel production targets. The Global South, particularly India, is becoming a key growth market.
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.
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.
SEPC bags ₹673 crore order from SAIL for steel capacity expansion
Engineering firm SEPC has secured a ₹673 crore contract from SAIL for its IISCO steel plant expansion project in West Bengal.
JSW Group enters electric bus arena with aggressive bids in 6,230 e-bus tender, expanding its presence in the segment
Although it did not win any orders, it marked the entry of the steel-to-energy conglomerate in a tightly contested market.
Stocks to Watch today: IndiGo, Afcons, Bharti Hexacom, JSW Infra, NTPC
Stocks to Watch today: IndiGo, SpiceJet, Afcons infra, JSW Infra, Bharti Hexacom, NTPC Green Energy, NTPC, NLC India, FirstCry, JW Steel, HDFC Bank, among others, will in focus today.
Interarch Building Solutions rises after bagging Rs 58-cr domestic order
Interarch Building Solutions rose 1.50% to Rs 1,726.40 after the company secured a domestic order worth approximately Rs 58 crore for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system.
Jagran Prakashan Ltd leads losers in 'B' group
Suven Life Sciences Ltd, Ravindra Energy Ltd, Sunflag Iron & Steel Company Ltd and Exicom Tele-Systems Ltd are among the other losers in the BSE's 'B' group today, 05 June 2026.
Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumes
Coal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import dependence on high gross calorific value coal and meet growing industrial needs. Record coal will be offered in linkage auctions targeting the sponge iron sector. Steel producers gain flexibility to sell coal byproducts. New projects can secure coal linkages before commissioning.