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800% returns in five years! Multibagger small-cap stock jumps 7%. Here's why
Rathi Steel and Power stock opened at ₹20.63 apiece on 1 June, as compared to previous close of ₹18.76 on Friday last week.
Rama Steel Tubes consolidated net profit declines 37.43% in the March 2026 quarter
Sales decline 16.05% to Rs 246.15 crore
Stock Picks Today: HAL, Kaynes Tech, Tata Steel, Siemens Energy, Voltas And More On Brokerages' Radar
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Concord Enviro arm bags Rs 126 crore order from integrated steel manufacturer
Concord Enviro Systems announced that its wholly owned subsidiary, Rochem Separation Systems (India), has secured a Rs 126 crore order from one of India's oldest integrated steel manufacturers.
Sunflag Iron & Steel Company standalone net profit declines 20.64% in the March 2026 quarter
Sales rise 13.31% to Rs 1000.69 crore
NMDC Q4 profit jumps 36% as iron ore and steel business powers growth
Revenue surges 62% YoY to ₹11,343 crore, while shares close over 4% lower ahead of earnings announcement
Industrial activity stays resilient despite global conflict: RBI bulletin
Quarterly results of listed private non-financial companies for Q4:2025-26 reflected improved business performance. Aggregate sales rose in double digits, with manufacturing companies benefiting from automobiles and iron and steel. In services, both IT and non-IT firms maintained growth despite global uncertainties, with wholesale and retail trade driving non-IT gains.
Vraj Iron & Steel consolidated net profit rises 55.54% in the March 2026 quarter
Sales rise 11.24% to Rs 170.21 crore
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...
Surani Steel Tubes reports consolidated net loss of Rs 0.07 crore in the March 2026 quarter
Sales decline 63.80% to Rs 41.34 crore
CIL arm BCCL begins commercial operation at coal washery in West Bengal
Bharat Coking Coal Limited has started commercial operations at its new 2 million tonne per annum Bhojudih coking coal washery in West Bengal. This facility will increase the supply of washed coal to India's steel industry. The move aims to reduce the country's heavy reliance on imported coking coal.
NSE inks pact with Steel Users Federation to develop steel derivatives market
The National Stock Exchange of India and the Steel Users Federation of India have partnered. This collaboration aims to build a robust derivatives market for steel in India. The initiative will offer steel industry participants a way to manage price risks. This will lead to better price discovery and hedging for the domestic steel value chain.