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Tata Steel Assesses Damage After Port Talbot Fire, Targets Mid-Week Restart Of Hot Strip Mill
A fire broke out at around 8 p.m. local time on June 3 at one of Tata Steel UK's processing lines.
Tata Steel UK begins assessment after Port Talbot fire, says Hot Strip Mill restart to begin next week
Tata Steel UK said assessment work is underway following a fire at the Pickle Line plant in Port Talbot. No injuries were reported, but a key production line suffered substantial damage. The company aims to restart the Hot Strip Mill next week
Astron Paper & Board Mill reports consolidated net loss of Rs 6.11 crore in the March 2026 quarter
Sales decline 92.05% to Rs 0.07 crore
Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on Monday
Textile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton imports from customs duty for five months, effective June 1. The move, valid until October 30, is expected to improve raw material availability and lower input costs for textile and apparel manufacturers, particularly small and medium enterprises.
Vardhman Textiles, Gokaldas Exports to KPR Mill: Textile stocks jump over 6% after cotton import duty exemption
Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%. Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.
Victims of the Washington paper mill disaster included husbands and grandfathers
Victims of the Washington paper mill disaster included husbands and grandfathers
After earnings beat, AIA Engineering banks on new mining solution for volume uptick
Successful conversion of miners to hi-chrome media and acceptance of mill liners could lead to further re-rating of AIA Engineering shares
Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss
Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company foresees significant cost savings and aims for positive free cash flow by year-end. While sales rose, net loss widened, and debt levels climbed.
Novelis sees bigger cash flow hit from Oswego fire, posts $84m loss
Novelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahead of schedule. Higher savings are expected from cost-reduction initiatives in the medium term. The net loss for the quarter was 84 million dollars. Rolled product shipments fell 12 percent year-on-year.
K.P.R. Mill posts PAT of Rs 227 crore in Q4
K.P.R. Mill has reported 11.1% increase in consolidated net profit to Rs 227.17 crore on a 0.9% rise in net sales to Rs 1,715.93 crore in Q4 FY26 as compared with Q4 FY25.
K P R Mill consolidated net profit rises 11.06% in the March 2026 quarter
Sales rise 0.88% to Rs 1715.93 crore
Q4 Results LIVE Updates: Dr. Reddy's, Dixon report results today; Indian Hotels, Anant Raj react
Q4 Results LIVE Updates: Its an earnings-heavy day on the Dalal Street today. Nifty 50 stock Dr Reddy's Laboratories is scheduled to report its numbers today. Dixon Tech, Berger Paints, Nazara Tech, INOX India, Cohance Lifesciences, Gopal Snacks, Kalpataru, KPR Mill, Max Financial Services, MobiKwik, MTAR Tech, Novartis, Pfizer, Religare, Keystone Developers, Sagility, Tata Power, Torrent Power, Texmaco Rail, V-Guard Industries, are among the other important results to track today. Watch this space for all the LIVE earnings updates.