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NSE signs MoU to boost steel derivatives market in India - Awaz The Voice
NSE signs MoU to boost steel derivatives market in IndiaAwaz The Voice
Tata Steel Ltd gains for fifth session
Tata Steel Ltd is quoting at Rs 214.82, up 2.07% on the day as on 12:44 IST on the NSE. The stock is up 33.23% in last one year as compared to a 3.3% drop in NIFTY and a 48.48% drop in the Nifty Metal.
Nifty Metal index soars 3%; Nalco, Hindalco, Tata Steel rally up to 5%
Since April, the Nifty Metal index has zoomed 25 per cent, as against 7.2 per cent gain in Nifty 50.
IFB Industries posts two-fold rise in Q4 net profit at ₹42.67 crore
IFB Industries ended FY26 on a strong note, supported by growth across its home appliances, engineering, motor and steel businesses. The company reported improved earnings and higher annual revenue, while investor sentiment remained upbeat with the stock gaining more than 11% following the results announcement.
L&T wins orders from JSW Utkal Steel, IWAI, others
Larsen & Toubro has won several new contracts in India. These include piling work for JSW Utkal Steel in Paradeep, Odisha. L&T GeoStructure will also build ship repair facilities in Patna and Varanasi for the Inland Waterways Authority of India. Additionally, a yacht marina project at Mumbai Harbour has been awarded. These projects highlight L&T's expanding role in infrastructure development.
SBI-led banks seek bids for Essar Group promoter guarantees
The reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capital Markets. It said the residual liabilities represent the net balance remaining following the mandatory deduction of recoveries realised under the resolution plan whereby ArcelorMittal India had taken over Essar Steel in a bankruptcy administration.
SBI-led banks seek bids for Essar Group promoter guarantees
The reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capital Markets. It said the residual liabilities represent the net balance remaining following the mandatory deduction of recoveries realised under the resolution plan whereby ArcelorMittal India had taken over Essar Steel in a bankruptcy administration.
Steel Exchange India standalone net profit rises 159.87% in the March 2026 quarter
Sales decline 1.40% to Rs 287.33 crore
JSW Steel, Bharatia and Carbon Iceland International signs strategic MoU
For joint development of 300 KTPA eMethanol project in India
India turns net importer of finished steel in April, data shows
India has become a net importer of finished steel. In April, imports rose significantly while exports also saw an increase. Major suppliers to India included China, South Korea, Japan, Vietnam and Russia. Domestic consumption of finished steel grew, and crude steel production also climbed.
Tamilnadu Steel Tubes reports standalone net loss of Rs 0.04 crore in the March 2026 quarter
Sales rise 26.14% to Rs 25.67 crore
JSW Steel Block Deal: Rs 533-Crore Stake Change Hands; Edelweiss, ICICI Pru MF, SBI MF Among Buyers
JSW Cement block deal.