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Jindal Steel, Thyssenkrupp pause talks on steel unit stake
Thyssenkrupp AG and Jindal Steel International have paused discussions on a potential stake sale in the German firm’s steel unit. The company said the assumptions for the deal have changed, citing progress in restructuring its steel business and a more favourable regulatory environment in Europe, which offers better growth prospects despite high energy costs.
Jindal Steel Q4 profit at ₹1,041 crore; ₹2 dividend announced
Company's net revenue for Q4FY26 rose to ₹16,484 crore from ₹13,255 crore a year ago, marking a healthy year-on-year increase.
Jindal Steel Q4 results: Co swings to profit of Rs 1,045 crore vs YoY loss on 23% revenue surge
Jindal Steel posted a Q4FY26 net profit of Rs 1,045 crore, reversing last year’s loss, driven by strong revenue growth, higher volumes, and improved operational performance. Sequential earnings surged sharply, with robust sales, production expansion, and margin recovery supporting overall financial momentum.
Jindal Saw Q4 results | Profit slides 52%; board recommends ₹2 dividend
The iron & steel pipes manufacturer's revenue fell 8% to ₹4,633.5 crore from ₹5,046.6 crore; EBITDA and margins saw steep dips. Ahead of the results, shares of Jindal Saw ended at ₹245.50 on the NSE on April 27, up 2.41% on the day.
Jindal Steel dips after Nuvama downgrade, flagging 10% downside; check target price
Jindal Steel settled at its intraday lows of ₹1,277 apiece, 0.92% below Tuesday's closing. The revised target price implies an approximately 10% downside from the session's closing price of ₹1,277 per share.
JSW Steel Q4 Business Update: Crude steel output falls 1% QoQ and 3% YoY
Sajjan Jindal-led JSW Steel Ltd reported combined crude steel production of 30.14 million tonnes (MT) for FY26, marking an 8% increase from 27.79 MT in FY25. Shares of JSW Steel Ltd ended at ₹1,209, up by ₹14.95, or 1.25%, on the BSE today, April 9.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPG
Jindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, and propane. It allows the company to maintain operations amid supply disruptions. Jindal Steel is a pioneer in using syngas for steelmaking. This innovation strengthens energy security and supports low-carbon steel production.
Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why
Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each
Metal stocks in focus: JSW Steel, Jindal Stainless, Hindalco on investors' radar today
While JSW Steel has announced plans to develop a coking coal mine in Mozambique, Jindal Stainless has flagged fuel availability constraints impacting plant operations. Meanwhile, Hindalco has clarified that its aluminium extrusions operations have not been halted following a recent news report.
Jindal Steel's Thyssenkrupp buy talks in gridlock, a new suitor stirs the pot
Jindal Steel International is seeking clarity on pension liabilities, retrenchment costs and German government support for a cleaner steel transition, while Thyssenkrupp wants details on the bidder’s post-acquisition investment and financing plans.