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Steel Stock Surges 9% After Winning Supply Order for ₹65,000 Cr Amaravati Capital City Project By Trade Brains - Investing.com India

Steel Stock Surges 9% After Winning Supply Order for ₹65,000 Cr Amaravati Capital City Project By Trade BrainsInvesting.com India

JSW Steel Ltd soars 0.49%, rises for fifth straight session

JSW Steel Ltd is quoting at Rs 1303.9, up 0.49% on the day as on 12:44 IST on the NSE. The stock is up 29.9% in last one year as compared to a 4.14% drop in NIFTY and a 40.36% drop in the Nifty Metal.

Vedanta Aluminium, Power, Oil & Gas, Iron & Steel Shares Debut On BSE, NSE: Five Things To Know

Vedanta's businesses were reorganised into five separate entities.

Vedanta Aluminium, Power, Oil & Gas, Iron & Steel Debut On NSE, BSE: Check Listing Prices

Vedanta had earlier said that the demerger will help in simplifying Vedanta's corporate structure with sector-focussed independent businesses and provide opportunities to global investors, including sovereign wealth funds, retail and strategic investors, with direct investment opportunities in dedicated pure-play companies through Vedanta's assets.

'Maalik Bankar Rehna Zaroori Nahi' - Key takeaways from the Anil Agarwal interview

Vedanta Group Chairman Anil Agarwal expressed confidence that every demerged entity, Aluminium, Oil & Gas, Iron & Steel, and Power, will be worth $100 billion in the future.

Vedanta Iron & Steel shares list at Rs 22 on BSE as mega demerger concludes

Vedanta Iron & Steel debuted on the BSE at Rs 22 and NSE at Rs 20 on Monday as part of Vedanta's demerger plan. The company, with operations in India and Africa, focuses on iron ore and steel production. Its market capitalization at debut was approximately Rs 7,821 crore.

Chola Securities sees buying opportunity in metals and cement stocks

Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Steel Exchange receives APCRDA approval for its flagship SIMHADRI TMT products

For use in ongoing construction works under Amaravati Capital City development program

Vedanta shares jump over 2% ahead of mega demerger; 4 new stocks to list today

Vedanta shares surged over 2% as four demerged entities prepared to list on Monday, marking a significant restructuring milestone. Eligible shareholders received one share in each new company for every Vedanta share held. The demerger aims to unlock value across Vedanta's diverse operations in aluminium, oil & gas, power, and iron & steel.

Hindalco Over Tata Steel, NMDC: UBS Chooses Its Metal Of The Moment; Check Top Picks

The brokerage launched coverage on eight companies with Buy ratings on Hindalco, NALCO and Coal India, Neutral ratings on Tata Steel, JSW Steel and Jindal Steel, and Sell ratings on SAIL and NMDC.

JSW Steel Share Price Live Updates: JSW Steel Trading Overview

Bansal Wire secures trial purchase order for steel tyre cord from major tyre maker

On Friday (June 12), shares of Bansal Wire Industries Ltd ended at ₹304.40, up by ₹15.85, or 5.49%, on the BSE.