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10 Bonus Shares, 1:2 & 1:5 Splits; Smallcap Steel Stock Below Rs 15, Falls 10% In 5 Days; Plans FPO Ahead

Iron & steel products maker, Rama Steel Tubes has been in a bearish tone for five consecutive trading sessions, falling by nearly 10% so far. This comes ahead of its fundraising plan via further public offer (FPO) which will be considered ...

Not Tata Steel, But These 5 Metal Stocks To Buy, 3 Are PSUs; Prabhudas, Motilal, Axis Sec Recommendations!

Metal stocks are in trend as expectations of as early as June 2024 rate cut take round. Apart from this, it is believed that the gradual stabilization of the Chinese economy is likely to aid domestic consumption and further help steel ...

Tata's Rs 160 Steel Stock Will Be In Focus On Highest Ever Crude Steel Output; 3 Brokerages Say Buy

116-year-old steel giant company, Tata Steel will be in focus in next week's trading session due to its operational performance announcement for Q4FY24. This Tata Group-backed steelmaker achieved the highest-ever annual crude steel production of ~20.8 million tons, with a growth ...

1:6 Split Soon: At 34% Yield, Vedanta Stock Hits New High On Fundraising Plan, Demerger, Rising Metal Prices

Billionaire Anil Agarwal-backed Vedanta Limited is the highest dividend yield stock on the Indian market. This top dividend payer is mulling to raise funds via non-convertible debentures (NCDs) on a private placement basis. While also shares of Vedanta picked up momentum ...

Vedanta Resources Unveils $3 Billion Debt Reduction Plan Over 3 Years

Vedanta Resources, the parent company of Mumbai-based mining giant Vedanta Limited, has announced ambitious plans to reduce its debt by a staggering $3 billion over the next three years. Navin Agarwal, Vice Chairman of Vedanta Ltd. and a member of the ...

Buy Mid Cap Metals Stock, Target Price Rs 900: Motilal Oswal Recommends

Motilal Oswal, a leading brokerage firm, has issued a buy call on Jindal Steel & Power Ltd. (JSPL), which has set a price objective of Rs 900. The current market price of JSPL stands at Rs 772.85. Shares of JSPL experienced ...

Tata To JSPL: Steel Stocks See Bullish Trend; Which To Buy?

Today, amidst a broader market rally, JSW Steel Ltd witnessed the most significant surge on the Sensex, climbing 3.3% to Rs 847.70 from the previous close of Rs 820.60 on BSE. Similarly, Tata Steel surged by 4% to closed Rs 143.25. ...

Blockbuster Listing: Vibhor Steel Tubes IPO Debuts At 181% Premium; Key Highlights Here

Vibhor Steel Tubes, a leading manufacturer and exporter of mild steel and carbon steel, made a grand entrance into the stock market with its highly anticipated Initial Public Offering (IPO) on Tuesday, February 20. Investors were in for a treat as ...

Budget To Drive Economic Growth, Have Impact Across Sectors; Say Steel Majors

The budget is expected to drive economic growth, and uplift people supporting key sectors such as steel, infrastructure, railways, and renewable energy, steel majors said. Finance Minister Nirmala Sitharaman presented her sixth Budget on Thursday in which she announced a Rs ...

Large Cap Steel Major Inks MoU With Rashtriya Ispat Nigam Ltd, Shares Gain

Shares of leading steel maker Jindal Steel & Power Ltd gained in trade today after it inked an MoU with Rashtriya Ispat Nigam Limited (RINL) for the operationalization of RINL's Blast Furnace-3 (BF-3). Current market price of JSPL share on BSE ...

Indian Goods Worth $3.7 Billion Entering Oman To Get Boost By Free Trade Agreement: GTRI Report

Over 83.5 per cent of Indian goods worth USD 3.7 billion such as gasoline, iron and steel, electronics, and machinery will get a significant boost in Oman, once both sides reach a comprehensive free trade agreement, a report said on Tuesday. ...

JSW Steel Shares Fall 2% Ahead Of Q2 Earnings

The shares of JSW Steel fell more than 2% in today's trade as the company braces to report its second-quarter earnings after market close. The stock has been on a declining trend for four of the last five trading sessions. The ...

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