Page 2 - JSW Steel Ltd News

Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%

The Nifty Metal index, the top loser among sectoral indices, was down 2 per cent, as compared to the 0.35 per cent rise in the Nifty 50, at 9:53 AM.

JSW Steel, JSPL, Tata Steel shares rise 12% in a month; more steam left?

While the sentiments are turning in favour of the ferrous metal players, analysts said, the fundamentals aren't quite there yet with Q2 expected to serve as a reality check

JSW Steel hit all-time high, JSPL gains 3% after Nomura initiates 'Buy'

Nomura reckons JSW Steel's and JSPL's mid-cycle earnings have structurally improved due to stronger domestic demand, cost saving measures, and improved efficiency

These 3 NSE Metal stocks can extend gains amid China stimulus; hint charts

Hindalco, SAIL and Hindustan Copper seem to be favourably placed on the technical charts and can potentially rally up to 13 per cent from present levels; check key support and resistance levels here.

These 3 penny stocks would have made you a millionaire in 20 years

Penny stocks under Rs 10: Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks, you would have become a millionaire by now

If we get operating coking coal mine, will look at it: JSW Steel's Acharya

JSW's economic interest in the coking coal asset would be about 20 per cent, said Jayant Acharya, joint managing director, JSW Steel

No irregularity in govt clearing sale of 3,666 acres to JSW Steel: K'taka

Karnataka Large and Medium Industries Minister M B Patil on Sunday asserted that there is no irregularity in the state government's decision to execute the sale deed of 3,666 acres of land in Ballari district to Jindal Steel. He emphasised that the Cabinet has decided to implement the order issued on May 6, 2021, during the B S Yediyurappa-led BJP government, following a High Court directive on March 12, 2024. Karnataka Cabinet on Thursday gave its approval for executing an absolute sale deed for 2,000.58 acres of land at Kurekuppa and Toranagallu villages in Sandur taluk, and 1,666.73 acres of land at Toranagallu, Musinayakanahalli and Yerabanahalli, in favour of JSW Steel. JSW Steel will get 2,000.58 acres at Rs 1.22 lakh per acre and 1,666.73 acres at Rs 1.50 lakh per acre. Patil dismissed Deputy Leader of the Opposition in the Legislative Assembly Aravind Bellad's accusation of an "internal agreement", in the matter as baseless. "If there has been any internal agreement, it mu

Metal shares fall on adverse SC ruling; Tata Steel, Vedanta drop up to 6%

The Supreme Court ruled in favor of the State governments' authority to levy taxes on mineral rights.

JSW Steel to invest $120 mn in Australian miner for raw material security

The investment will be made through wholly owned subsidiary JSW Steel (Netherlands) BV

Industry discussing trade measures against imports with govt: JSW Steel CEO

JSW Steel continues to look for coking coal assets overseas, including Australia, and Canada, Acharya said

RIL, Paytm, HDFC Bank, BPCL: Trading strategies for stocks post Q1 results

Technical charts suggest that Paytm is likely to trade with a favourable bias; while others may display a subdued trend in the near-term.

Imports from China, Asean at predatory prices main concern: Jayant Acharya

Even imports from Japan and Korea have been elevated. India is basically a vulnerable ground because our domestic demand is very good, said Jayant Acharya, JMD, JSW Steel

JSW Steel Q1 FY25 results: Net profit drops 63.9% to Rs 845 crore

The Q1 FY25 net profit fell short of the Bloomberg consensus estimate of Rs 1280.2 crore

'I feel violated': Woman accuses Jindal Steel exec of molestation on flight

The woman, who was seated next to Dinesh Kumar Saraogi, a senior executive at Jindal Steel Group, alleged that he behaved inappropriately

JK Cement, JSW Steel, Polycab among 10 stocks to go ex-dividend on Tuesday

These 10 companies had fixed July 09 as the record date for a dividend payout of up to Rs 30 per share.

JSW Steel USA to invest $110 mn to modernise plate mill in Baytown, Texas

JSW Steel on Tuesday said its subsidiary JSW Steel USA plans to invest USD 110 million to modernise its steel plate mill in Baytown, Texas with new equipment and sustainable technology. These investments will enable the production of high-quality monopile steel plates to support the US administration's new actions to expand offshore wind energy by deploying 30 gigawatts (GW) of offshore wind by 2030, enough to power 10 million homes with clean energy, the company said. "JSW Steel USA, Inc plans to invest USD 110 million in steel plate mill modernization projects with sustainable technology and state of the art equipment within its manufacturing facilities in Baytown, Texas," JSW Steel said in a statement. Steel products made through this investment are aligned with "Buy America" requirements for niche grades and sophisticated applications such as hydrocarbon pipelines, offshore wind towers and platforms, high-density pressure vessels and monopile steel slabs, JSW Steel said. Parth