TATA Steel: Gets More Time From Orissa High Court In Sukinda Chromite Block Case; Next Hearing Set For December 19, 2025
Tata Steel: HSBC on Tata Steel Buy, target price Rs 215
Tata Steel: Morgan Stanley on Tata Steel OW, target price Rs 200
TATA Steel: Company Executives Think Steel Prices Are Near Their Lowest Point And Anticipate Improved Margins. They Also Do Not Expect An Increase In Chinese Exports And Mention That A Weaker Rupee Is Helping To Offset Import Costs
Tata Steel: Executive Promises To Reveal More About Growth Plans By March 2026
Vedanta: Company Wins Bid for Genjana Nickel, Chromium, and PGE Block
Tata Steel: JPMorgan on Tata Steel maintains Overweight with Price Target of Rs 193
Tata Steel: Receives Approval To Start Engineering Work For A 1 MTPA Demonstration Plant In Jamshedpur
Tata Steel: Approves Project For A 0.7 MTPA Hot Rolled Pickling And Galvanizing Line At Tarapur Cold Rolling Complex
Tata Steel: Approves Funding for 2.5MT Thin Slab Caster and Rolling Facilities in Meramandali
TATA Steel: Approves Expansion of 4.8 MTPA Capacity at Neelachal Ispat Nigam Limited
Lloyds Metals And Energy: Receives Approval For Non-Binding Agreement With Tata Steel To Acquire 50% Stake In Nexus Holdco FZCO For Up To USD 55 Million
Tata Steel: Makes $6.36 Billion Deal To Acquire Pellet Facility For Iron Ore Supply In India
Tata Steel: Acquires 50.01% Stake In Thriveni Pellets Private Limited
Adani Enterprises: ₹250 Billion Rights Issue Is Oversubscribed By 108%
Tata Steel: Jefferies On Tata Steel Buy recommendation with a target price of Rs 200
JSW Steel: Jefferies On JSW Steel Buy recommendation with a target price of Rs 1,300
NALCO: Gives MDO Contract To Dilip Buildcon For 25 Years With Mining Charges Set At 423 Rupees Per Ton
Hindustan Zinc: B&K on Hindustan Zinc initiates Buy with Price Target of Rs 610
JSW Steel: Company Announces 24.39 Lakh Tonnes of Crude Steel Production for November 2025, 5% Increase Yearly; Capacity Utilization at 84% Due to Blast Furnace 3 Shutdown.
Adani Enterprises: Adani Group Plans To Invest ₹25 Billion In Telangana For Data Centre Project, Will Establish A 48-Megawatt Green Data Centre In Hyderabad.
Vedanta: Government Challenges High Court Decision Permitting Vedanta To Recover Costs In Oil Field Dispute
TATA STEEL LTD.: RS. 274.92 CRORES NSE BLOCK TRADE; FOR ~ 16,595,350 SHARES, AT RS. 165.66
TATA Steel: High Court Prolongs Interim Protection Until December 12
JSW Steel: JPMorgan on JSW Steel overweight call Target price at Rs 1,250
JSW Steel: Jefferies on JSW Steel buy call Target price at Rs 1,400
JSW Steel: BoFA Sec on JSW Steel Buy, Price Target Rs 1290
JSW Steel: CLSA on JSW Steel U-P, Price Target Rs 890
JSW Steel: MS on JSW Steel OW, Price Target of Rs 1300
JSW Steel: Investec on JSW Steel maintains Buywith Price Target of Rs 1250
JSW Steel: Forms 50:50 Joint Venture With JFE Steel For Bhushan Power And Steel Business
Vedanta: NCLT Kolkata Approves Cos Plan To Fully Acquire Incab Industries For Expanding Copper And Aluminum Operations
Adani Enterprises: Launches New Subsidiary AdaniConnex Hyderabad Three
JSW Steel: Joint Venture With JFE Steel Aims To Increase Crude Steel Production To 10 Million Tons By 2030
JSW Steel: JFE Steel Will Invest Approximately 270 Billion Yen To Create A 50-50 Joint Venture With JSW Steel For The Bhushan Power & Steel Integrated Steel Facility - RTRS
Hindalco: CLSA on Hindalco O-P, Target Price Raised to Rs 965
Adani Enterprises: Adani Group Aims to Expand Indias Airports with $15 Billion Investment by 2030 - ET
Adani Enterprises: Co Unit Astraan Defence Gives 10.09 Crore Equity Shares (49% Stake) To MSM Group S.R.O, Lowering Agneya Systems Ltds Holding From 100% To 51%.
NMDC: Projects November 2025 Production at 5.01 Million Tons Compared to 4.51 Million Tons Last Year, Sales Estimated at 4.17 Million Tons Against 4 Million Tons Last Year
Jindal Stainless: Introduces JSL Saathi Pragati, Indias Biggest Loyalty Program For Stainless Steel Pipes & Tubes; Provides Rewards, Product Verification, And Digital Features; More Than 30,000 Retailers And Fabricators Joined
Adani Enterprises: TDSAT Order May Trigger Sharp Increase in Mumbai Airport User Charges After ₹50,000 Cr Under-Recovery – ET
Adani Enterprises: Adani Group CFO Aims for 1 Trillion Rupees Total Debt by 2030 (Correction)
Adani Enterprises: Adani Group CFO Announces Plans To Raise 900 Billion Rupees Within The Next Year, Need Additional 440 Billion Rupees This Fiscal Year
Adani Enterprises: Adani Group CFO States Company Is Exploring Battery Energy Storage Solutions, Aiming To Establish A Manufacturing System For A Chemical-Based Supply Chain, While Facing Challenges In Rare Earth Material Availability
Adani Enterprises: Adani Group CFO Clarifies Retail Bonds Will Stay Within 3-5 Year Duration, Making Up About 10% Of Total Issuance. CFO Also States No Additional Funds Will Be Raised For Acquiring Jaiprakash Associates Assets
Adani Enterprises: Adani Group CFO States Annual Goal Is To Repay 12.5% Of Debt, Highlights Minimal Acquisition Spending Compared To Total Capital Expenditure
Adani Enterprises: Adani Group CFO Aims To Raise 1 Trillion Rupees In Debt By 2030, With 98% For Energy And Logistics Projects, Over 1 To 20 Year Terms
Adani Enterprises: Adani Group CFO Plans $100 Billion Investment In 5-6 Years, Mainly Using Internal Cash
Adani Enterprises: CFO Reports Cost Of Funds Reduced To 8.7% From 10% In FY19, Aiming For Growth Independent Of Capital Access
Adani Enterprises: Completes Sale of Full Stake in PT Adani Global, Ending Its Status as a Subsidiary.
Nalco: HSBC on Nalco – Buy, Target Price Raised to Rs 308
Hindlaco: HSBC on Hindlaco – Buy, Target Price Raised to Rs 1040
Adani Enterprises: Adani Airport Holdings Acquires Aghport Aviation Services, Making It A Step-Down Subsidiary
Adani Enterprises: Units Buy 72.8% Stake In FSTC For 8.2 Billion Rupees
Tata Steel: Gets Interim Protection Extended By High Court In Sukinda Chromite Block Case; Next Hearing Set For December 3, 2025
SAIL: Steel Ministry Plans Over ₹400 Crore Investment In SAILs Salem Steel Plant -Mint
ADANI ENTERPRISES LTD.: RS. 132.85 CRORES NSE BLOCK TRADE; FOR ~ 551,815 SHARES, AT RS. 2407.60
Adani Enterprises: Adanis $1.2 Billion Copper Smelter Affected By Global Ore Shortage -ET
Tata Steel: High Court Provides Temporary Protection To Co Until December
Tata Steel: Orissa High Court Provides Temporary Relief In ₹2,410.90 Crore Sukinda Chromite Block Demand Case Against Tata Steel.
Adani Enterprises: Cos Joint Venture, AdaniConnex, Signs Agreement to Buy Full Stake in Trade Castle Tech Park for ₹231.34 Crores to Boost Infrastructure Expansion.
Adani Enterprises: Codelco Partners With Cos Kutch Copper For Exploration Agreement - Bloomberg.com
TATA Steel: HSBC Initiate Buy on TATA Steel – TP Rs 215
Adani Enterprises: Jefferies maintains Buy on AdaniEnterprises with Price Target of Rs 2940
Adani Enterprises: Co Announces Successful Resolution Applicant and Receives Letter of Intent to Acquire Jaiprakash Associates.
Vedanta: Company Plans To Increase Investments In Saudi Arabia As It Supports The Kingdoms Goals To Become A Metals And Mining Center
Adani Enterprises: Wins Bid for JP Associates - NDTV Profit
Adani Enterprises: Co Wins Bid for JP Associates -NDTV Profit
Adani Enterprises: Jaiprakash Associates Creditors Have Unanimously Voted In The Favour Of Adani Enterprises Offer - ET
Jindal Stainless: Company Plans ₹5,700 Crore Investment Strategy to Become a Global Leader in Stainless Steel
Vedanta: Company Sets Up New Subsidiary in Gift City, Gujarat
TATA STEEL LTD.: RS. 51.44 CRORES NSE BLOCK TRADE; FOR ~ 3,003,705 SHARES, AT RS. 171.27
Tata Steel: Cos Unit Tata Steel IJmuiden B.V. To Buy 100% Stake In Lag Velsen B.V. For Up To €140 Million To Gain Control Of Three Key Vattenfall Power Plants
Hindustan Zinc: Company Wins Bid for Tungsten and Related Mineral Block in Balepalyam
Adani Enterprises: Forms New Wholly Owned Subsidiary Named Singrauli Syn-Gas & Chemicals
NMDC: CO BOARD DID NOT DECLARE ANY INTERIM DIVIDEND ON THE EQUITY SHARES
Tata Steel: Nomuras call on Tata Steel Target price at Rs 215
Adani Enterprises: Unit Adani Airport Holdings Signs Deal to Buy Full Ownership of Aghport Aviation Services on November 12
Tata Steel: Co-CEO Expresses Optimism for Government to Prolong Import Tariffs While Targeting Middle East, Africa, and Latin America Following U.S. Tariffs
Tata Steel: Co Management Says That The Co Has Not Seen Any Price Increase In Oct And Nov, And Co Is Not Taking Any Price Increase In December As Well -Concall Update
Tata Steel: Co Says That There Could Be Margin Compression In The Netherland Business Going Forward Into The Next Quarter -- Indian Business Can Also Have A Softer Margin Next Quarter With Uptick In Volumes -Concall Updates
Tata Steel: Co Says That The Uk Business Ebitda Breakeven Guidance Cant Be Met Unless The Uk Govt Intervenes In The Policies -Concall Update
Tata Steel: CLSA on Tata Steel Hold, Target price Rs 170
Tata Steel: Jefferies on Tata Steel Buy, Target price Rs 200
Tata Steel: MS on Tata Steel OW. Target price Rs 200
Tata Steel: Co Guides For Multi-Year Growth With Sustainable Capacity Expansion Across India And Europe; Kalinganagar Phase-II Near Completion To Add 5 Mtpa; Targeting 15% EBITDA Margin In Domestic Operations; Investing In Low-Carbon Steel And Energy Transition Technologies To Support Long-Term Growth And Decarbonisation Goals
TATA Steel: Is Keeping An Eye On EU And UK Policies To Focus On And Improve Its Decarbonization Capital Expenditure
Vedl: NCLT Sees No Issues With Vedantas Demerger, Will Issue Final Order Later
Tata Steel: Acquires 50% Stake In Tata Bluescope Steel For ₹11 Billion
TATA STEEL: Q2 EBITDA 88.96B RUPEES VS 61.4B (YOY) -- Q2 EBITDA MARGIN 15.16% VS 11.39% (YOY)
TATA STEEL: Q2 CONS NET PROFIT 31B RUPEES VS 8.3B (YOY) -- Q2 REVENUE 586.9B RUPEES VS 539B (YOY)
Jindal Stainless: Company Partners With Greenzon Energy To Construct 600 NM3/Hour Green Hydrogen Plant In Jajpur
Jindal Stainless: Company Keeps Volume Growth Target Of 9-10% For The Year Despite Achieving 11% Growth In First Half, Citing Concerns Over CBAM And QCO - Concall Update
JSW Steel: Plans To Sell Up To 50% Stake In Bhushan Power.
Adani Enterprises: Sets Rights Issue Amount At 249.30 Billion Rupees
Adani Enterprises: Sets Rights Issue Price At 1,800 Rupees Per Share With An Entitlement Ratio Of 3 Shares For Every 25 Held
Adani Enterprises: AAHL Plans to Sell 25% Stake in WPCCL
Jindal Stainless: Co Guides For Continued Growth Driven By Domestic Demand Recovery And Export Mix Optimization; Strengthening Value-Added Stainless Portfolio And Specialty Grades; Expanding Downstream Facilities To Boost Margin Contribution; Focus On Efficiency Through Digitization And Renewable Energy Integration; Targeting Long-Term EBITDA Margin Stability
Jindal Stainless: Co Executive States Prices Will Stay Low in the Near Future
Jindal Stainless: Company Anticipates Rise in Influx of Low-Quality, Cheap Imports into India
JINDAL STAINLESS: Q2 CONS NET PROFIT 8.07B RUPEES VS 6.11B (YOY) -- Q2 REVENUE 108.93B RUPEES VS 98B (YOY) -- Q2 EBITDA 13.87B RUPEES VS 11.86B (YOY) -- Q2 EBITDA MARGIN 12.74% VS 12.14% (YOY)
HINDUSTAN ZINC: ANDHRA GOVT GRANTS COMPOSITE LICENSE TO CO FOR TUNGSTEN, ASSOCIATED MINERAL BLOCK - PTI
JSW Steel: Announces 24.95 Lakh Tonnes Of Crude Steel Production For October 2025; Production Rises 9% Compared To Last Year; Capacity Utilization At 83% Affected By BF3 Shutdown, Expected To Restart In February 2026
NALCO: Co Guides For Robust Growth Backed By Global Aluminum Demand Recovery And Strategic Capex; Plans ₹7,000Cr Investment Under Amrit Kal Vision 2047 For Smelter Expansion, Alumina Refinery Upgrade, And Renewable Energy Integration; Focuses On Enhancing Value-Added Product Mix And Backward Integration For Cost Competitiveness; Targeting Higher Export Share And Sustainable Ebitda Growth
NATIONAL ALUMINIUM CO: CO RECOMMENDED INTERIM DIVIDEND OF 4 RUPEES/SHARE
NATIONAL ALUMINIUM CO: Q2 CONS NET PROFIT 14.3B RUPEES VS 10.46B (YOY) -- Q2 REVENUE 42.92B RUPEES VS 40B (YOY) -- Q2 EBITDA 19.26B RUPEES VS 15.49B (YOY) -- Q2 EBITDA MARGIN 44.87% VS 38.71% (YOY)
HINDALCO: COS CONS NET DEBT RS 414.15B ON SEPT 30 VS RS 360.33B (YOY)
HINDALCO: COS CONS GROSS DEBT RS 726.70B SEPT 30 VS RS 591.21B (YOY)
Hindalco Industries: Plans To Expand Capacity At Aditya Aluminium Unit In Odisha; Current Capacity Is 370KT, Fully Utilized; Proposed Increase By 193KT By FY2029; ₹10,225 Crores Investment Needed.
Hindalco: Novelis Oswego Plant Plans to Restart Hot Mill by December 2025.
HINDALCO: Q2 CONS 89.67B EBITDA RUPEES VS 80.3B (YOY); EST 85.98B -- Q2 EBITDA MARGIN 13.6% VS 13.8% (YOY); EST 13.1%
HINDALCO: Q2 CONS REVENUE 661B RUPEES VS 582B (YOY); EST 657B
HINDALCO: Q2 CONS NET PROFIT 47.4B RUPEES VS 39.09B (YOY); EST 46.5B
Adani Enterprises: Company Will Sell Complete Stake In PT Adani Global (Indonesia) For $125 Million Through Subsidiaries In Mauritius And Singapore
Adani Enterprises: Guidance - For Solar Manufacturing, They Expect To Maintain A Run Rate Of 1.2 Gigawatt Per Quarter -- City Side Development Revenue Generation Is Expected To Start In Fy2029-30 - Concall Update
Adani Enterprises: Guidance - Full Year Fy2026 Capital Expenditure Is Expected To Be Around Inr 36,000 Crores -- The Fy2026 Capex Breakdown Includes: Inr 10,500 Crores For Airports, Inr 6,000 Crores For Roads, Inr 9,000 Crores For Materials/Petrochemicals, Inr 3,000-3,500 Crores For Metals And Mining, And Inr 5,500 Crores For Adani New Industry - Concall Update
Adani Enterprises: Co Forms New Unit Brahmani Barrage Wate
Hindalco: Co Says Novelis Oswego Plant Fire To Impact FY26 FCF By $550–650 Mn; Hot Mill Restart Expected By End-Dec 2025
Hindalco Industries : Novelis Investing Heavily In Bay Minette, Alabama Greenfield Plant To Expand Rolling & Recycling Capacity; Focuses On Margin Recovery Via Cost Efficiency, Targeting Restart Of Oswego Mill By Dec 2025, Backed By $913 Million Capex In H1 Fy26
Hindalco: Novelis Reports Adjusted EBITDA of $422 Million, Decreasing by 9% Year Over Year, With Adjusted EBITDA Per Tonne Shipped at $448, Down 8% Year Over Year. 📉💼
Hindalco: Novelis Shares Fiscal Year 2026 Q2 Results With $163 Million Net Income, Up 27% Yearly; $113 Million Net Income Excluding Special Items, Down 37% Yearly. 📊📈
Adani Enterprises: To Generate EBITDA From Major Assets Like Navi Mumbai Airport, Copper Plant, And Ganga Expressway Starting Q4 FY26
ADANI ENTERPRISES: Q2 REVENUE 212B RUPEES VS 226B (YOY)
ADANI ENTERPRISES: CO HAS AN EXCEPTIONAL GAIN OF 36B RS -- PBT 8B VS 24B (YOY)
ADANI ENTERPRISES: Q2 EBITDA 33.56B RUPEES VS 41.05B (YOY) -- Q2 EBITDA MARGIN 15.8% VS 18.16% (YOY)
ADANI ENTERPRISES: CO APPROVED FUND RAISE WORTH 250B VIA RIGHTS ISSUE
ADANI ENTERPRISES: Q2 CONS NET PROFIT 32B RUPEES VS 17.4B (YOY)
Adani Enterprises: Launches Morsagar Bisalpur Water Ltd For Rajasthan Water Project 🚰🌟
Adani Enterprises: Forms New Unit Munger Sultanganj Road Ltd For Bihar Road Development Project. 🛣️🏗️
Vedanta: CITI on Vedanta Buy, Price Target Rs 585
Vedanta: CLSA on Vedanta O-P, Price Target Rs 580
Vedanta: Company Management Aims for Over $6 Billion Annual EBITDA in FY26, Setting New Records. They Are Also Confident of Finalizing Their Demerger by the End of This Fiscal Year. 📈💰 -Concall Updates
SAIL: Company Confirms Sales Volume Goal Of 18.5 MT Remains Unchanged. EBITDA Margin Is Anticipated To Stay Steady Or Slightly Increase In Q3, With A Notable Improvement To 14-15% Expected In Q4. 📈🔍 -Concall Updates
ADANI ENTERPRISES: CO PLANS MASSIVE ₹25,000 CRORE RIGHTS ISSUE -- EYES FRESH CAPITAL TO FUND BIG-TICKET INVESTMENTS IN AIRPORTS AND OTHER CAPITAL-INTENSIVE VENTURES — SOURCES
Vedanta: Co-Ed Anticipates Top Performance in FY26, Expecting Full-Year EBITDA to Go Beyond FY22s Record of About USD 6 Billion. 📈💰
VEDANTA: Q2 REVENUE 399B RUPEES VS 376B (YOY); EST 382.5B
VEDANTA: Q2 PBT 70.15B RUPEES VS 57.6B (YOY) -- CO HAS AN EXCEPTIONAL ITEM OF 20.7B
VEDANTA: Q2 EBITDA 114B RUPEES VS 98.28B (YOY); EST 105.9B -- Q2 EBITDA MARGIN 28.59% VS 26.11% (YOY); EST 27.7%
VEDANTA: Q2 CONS NET PROFIT 18B RUPEES VS 43B (YOY); EST 34.64B
ADANI ENTERPRISES: Adani Airports Partners With Aionos For AI Solutions 🤝✈️
SAIL: Projects EBITDA Margin To Increase To 14-15% In Q4, Current EBITDA Is 9.46% In Q2 📈
SAIL: Sees Increased Sales Growth In FY27 Compared To FY26 Due To Debottlenecking Initiatives. 📈🔧
SAIL: Sees Demand Boost For Next Two Quarters 📈💼
Jindal Steel: Management Will Share Volume Projections For FY26-27 In Q4 Earnings Call, Total Planned Capital Expenditure For H2 FY26 Is INR 4,925 Crores 📈💰
Jindal Steel: Aims To Reach 15.6 Million Tonnes Steel Production Capacity By FY26, Says Company In Concall. 📈🛠️
Jindal Steel: Management Anticipates In Q3 FY26: Coal Costs Will Rise By $3-5 Per Tonne Sequentially, Iron Ore Costs Steady Quarter-On-Quarter, Domestic Steel Prices Currently 2-3% Lower Than Q2. 📊🔧
Jindal Steel: Keeps FY26 Sales Volume Target At About 2.5 Million Tonnes Per Quarter For Upcoming Quarters. 📈🛠️
APL Apollo Tubes: Expects Future EBITDA Per Ton To Reach INR 6,000, Focusing On Heavy Construction And Renewable Sector Products. 🚧🌱
APL Apollo Tubes: Company Sees Chance to Surpass Forecasts if GDP Improves, Aiming for EBITDA of ₹450 Crore in Q3 and Q4 - Earnings Call Update 📈💬
Apl Apollo Tubes: Company Aims for 10-15% Growth in Volume and EBITDA of ₹4,600-5,000 Per Ton for FY26, Expecting Monthly Volume of 325,000 Tons and a Total of 900,000 Tons for Q3 FY26 - Concall Update 📈💬
NMDC: Co Eyes 50 MTPA Output, Steel Integration, And Digital Mining To Drive Long-Term Value Creation; Co Says Volume ramp-up and logistics efficiency to support higher realizations and free cash flow
Sail: Co Focuses On Margin Rebound Through Bhilai & Bokaro Upgrades, Value-Added Steel Growth, And Export Market Re-Entry; Co Aims for cost efficiency, specialty steel push, and improved ROCE under capex-led modernization plan
TATA Steel: Company Files Legal Petition Over Demand Letter Asking For 24.11 Billion Rupees. ⚖️💰
Vedanta: Company Gets Notice From Promoter Group About Signing Global Release Deed After Fully Paying Off Loans; All Claims on Vedanta Shares Lifted. 🔓📈
SAIL: Q2 EBITDA 25.3B RUPEES VS 29.13B (YOY); EST 19.95B -- Q2 EBITDA MARGIN 9.46% VS 11.81% (YOY); EST 8.04%
SAIL: Q2 CONS NET PROFIT 4.2B RUPEES VS 8.97B (YOY); EST 1.36B -- Q2 REVENUE 267B RUPEES VS 247B (YOY); EST 248.22B
Tata Steel: Acquires $160 Million Worth Of Equity Shares In T Steel Holdings. 💰📈
JSW Steel: Raises Stake In M Res NSW HCC Pty Ltd To 83.33% From 66.67% By Buying Non-Voting Class B Shares For $24 Million And Subscribing To Additional Shares For $36 Million; Effective Interest In Illawarra Metallurgical Coal Grows To 30% From 20%. 💰📈
Vedanta: Next Mumbai NCLT Meeting For Vedanta Demerger Case Set For November 12 - CNBC Aawaz📅⚖️
Vedanta: SEBI Approves Demerger Plan for Company - CNBC Aawaz🔍📈
Vedanta: SEBI Approves Demerger Plan for Company 🔍📈
Vedanta: SEBI Records Documentation For Vedantas Demerger Case And Plans To Submit Its Application In Ongoing Hearing In NCLT. 📄🔍
APL APOLLO TUBES: CO CHAIRMAN SAYS WE ARE READY WITH OUR CAPACITY, DIVERSIFIED PRODUCT PORTFOLIO, DISTRIBUTION NETWORK AND STRONG BRAND PULL. HENCEFORTH WE EXPECT 2HFY26 TO PERFORM MUCH BETTER THAN 1HFY26
APL APOLLO TUBES: Q2 EBITDA 4.47B RUPEES VS 1.38B (YOY) -- Q2 EBITDA MARGIN 8.59% VS 2.89% (YOY)
APL APOLLO TUBES: Q2 REVENUE 52B RUPEES VS 47.7B (YOY)
APL APOLLO TUBES: Q2 CONS NET PROFIT 3.02B RUPEES VS 538M (YOY)
NMDC: Q2 EBITDA 20B RUPEES VS 14.4B (YOY); EST 19.97B -- Q2 EBITDA MARGIN 32.01% VS 29.97% (YOY); EST 34%
NMDC: Q2 REVENUE 63B RUPEES VS 49.19B (YOY); EST 58.25B
NMDC: Q2 CONS NET PROFIT 17B RUPEES VS 11.96B (YOY); EST 16.21B
Jindal Steel: Co Appoints Gautam Malhotra As New CEO 👔🏗️
JINDAL STEEL: Q2 CONS NET PROFIT 6.38B RUPEES VS 8.6B (YOY); EST 6.4B -- Q2 REVENUE 116.85B RUPEES VS 112.13B (YOY); EST 111.55B -- Q2 EBITDA 20.81B RUPEES VS 22B (YOY); EST 19.62B -- Q2 EBITDA MARGIN 17.81% VS 19.62% (YOY); EST 17.6%
Adani Enterprises: Forms 100% Owned Subsidiary Named Shri Kedarnath Ropeways Limited. 🚡🏔️
Hind Zinc: Analysts Predict Silver Price Will Average $38.45 Per Ounce In 2025, Up From $34.52 Per Ounce 💰📈
SAIL: INCRED on SAIL Upgrade to ADD, TP Rs 158
Hindalco: Company Signs Agreement to Fully Acquire EMIL Mines and Mineral Resources, Completion Expected by November 30, 2025. ⛏️🏭
Hindalco: Update On Fire Incident At Oswego Facility Of Novelis, Hot Mill Set To Resume By End Of December 2025, With 4-6 Week Production Ramp-Up After Restart. 🔥🏭
SAIL: Will Review Second Quarter Results On October 29. 📅📊
Adani Enterprises: Creates New Unit "Adani Ropeways Limited" To Manage Ropeway Projects Throughout India. 🚡🇮🇳
Hindalco Industries: Updates On AluChem Companies, Inc. Acquisition; CFIUS Approves Short-Form Declaration; Long-Form Declaration Submitted; U.S. Government Shutdown Slows Review Process. 🏭🇺🇸
JSW Steel: Co CEO Announces Plans to Begin Odisha Steel Plant Construction Within a Year, As Company Searches for New Iron Ore Mines to Satisfy Demand 🛠️
Tata Steel: Nomura initiates Buy on TataSteel with Price Target of Rs 215
NMDC: Co Hikes Iron Ore Prices Baila Lump at ₹5,550/Ton & Baila Fines at ₹4,750/Ton W.E.F 22 Oct
Adani Enterprises: Co Incorporates Wholly Owned Subsidiary ‘Sultanganj Sabour Road Limited’ For Ganga Path Construction Project In Bihar
JSW Steel: Anticipates 30-35 Million Tons Drop In Chinese Steel Output By 2026. 🏗️📉
JSW Steel: MorganStanley maintains Overweight on JSW Steel with Price Target of Rs 1300
JSW Steel: Management Confirms Sales And Production Goals For FY26, Anticipates Annual Capital Spending Around INR 20,000 Crores 📈💰
JSW Steel: Expects Iron Ore Prices To Fall In Q3 And Aims To Keep Net Debt To EBITDA Ratio Under 3X, According To Concall Update. 📉💰
JSW Steel: Expects Steel Prices to Rise in November-December 2025, While Coking Coal Costs Are Projected to Increase by $3-5 Per Tonne in Q3. 📈📊
Hindustan Zinc: Company Reports Record Q2 Revenue And EBITDA; Profit After Tax Jumps 19% Quarter Over Quarter. 📈💰
JSW Steel: Executive Predicts Falling Iron Ore Prices in Q3 📉🪨
JSW Steel: Executive Anticipates Steel Prices Will Rise in November-December, Forecasting a $3-5 Per Tonne Increase in Coking Coal Prices for Q3. 📈🛠️
JSW Steel: Executive Predicts 8-9% Growth In India’s Steel Demand This Fiscal Year 📈🛠️
JSW Steel: Company Executive Details Planned Capex of Approximately 690 Billion Rupees Over Next Three Years Starting H2 FY26. 💰📊
JSW Steel: Company Executive States Indias Steel Demand Remains Robust Due to Government Spending and Consistent Consumption. 💪📈
Hind Zinc: Lowers FY26 Saleable Silver Forecast To 670 - 690 MT From Previous Estimate Of 700 - 710 MT. 📉🥈
JSW Steel: Board Approves Reorganization Of US Operations To Simplify Company Structure; No Sale Of Foreign Investments; Consolidation Aims To Cut Legal Entities And Improve Compliance. 🏗️📊
JSW Steel: Remains Cautious About Future Outlook for 2026. 🔍📉
JSW Steel: Approves Merger Of Specific Indian Units 🚀🏭
JSW STEEL: Q2 REVENUE 452B RUPEES VS 396B (YOY); EST 460.44B
JSW STEEL: Q2 EBITDA 71.15B RUPEES VS 54.37B (YOY); EST 72B -- Q2 EBITDA MARGIN 15.76% VS 13.7% (YOY); EST 15.6%
JSW STEEL: Q2 CONS NET PROFIT 16.2B RUPEES VS 4.4B (YOY); EST 18.31B
Hindustan Zinc: Silver Contributes Around 40% Of Total Profits, Well-Positioned To Benefit From Silver Growth 🌟📈
HINDUSTAN ZINC: Q2 EBITDA 44.26B RUPEES VS 41B (YOY) -- Q2 EBITDA MARGIN 51.92% VS 51.3% (YOY)
HINDUSTAN ZINC: Q2 REVENUE 85.3B RUPEES VS 82.4B (YOY)
HINDUSTAN ZINC: Q2 SL NET PROFIT 26.3B RUPEES VS 23B (YOY)
Jindal Stainless: Company Boosts Slag Processing Ability By Opening New Wet Milling Plant In Odisha; Collaborates With Harsco Environmental; Invests USD 150 Million; Generates 140 New Jobs; Advances Circular Production And ESG Objectives. 🌍💼
Vedanta: Shortseller Viceroy Raises Concerns About False Statements, Contract Breaches, Regulatory Issues, and Transfer of Liabilities. 📉⚖️
Adani Enterprises: Adani Sahara Deal - Ready To Purchase 88 Properties In Major Adani Sahara Agreement 🏢🤝
Adani Enterprises: Adani Sahara Deal - Amicus Submits That Sahara Needs To Clear A Payment Of ₹9,000 Crore To Sebi, Along With Interest
Adani Enterprises: Teams Up With Google To Create Indias Biggest Data Center Campus In Visakhapatnam; $15 Billion Investment Planned Over Five Years; Emphasis On AI Abilities And Eco-Friendly Energy Infrastructure. 🌐💡
Tata Steel: Cos Sukinda Chromite Block Case Set For Hearing On November 6, Court Extends Interim Protection Until Then ⚖️⏳
TATA STEEL LTD.: RS. 64.24 CRORES NSE BLOCK TRADE; FOR ~ 3,738,966 SHARES, AT RS. 171.81
Vedanta: Supreme Court Dismisses PIL Regarding Viceroys Claims Against Vedanta. ⚖️❌
Jindal Stainless: Launches New Lightweight, Rust-Proof, And Energy-Saving Salt Trailers For Sustainable Transport. 🚚✨
JSW Steel: Achieves Record Quarterly Crude Steel Production of 7.90 Million Tonnes for Q2 FY26; Production Rises 17% Year-Over-Year and 9% Quarter-Over-Quarter; Capacity Utilization at 92%. 📈🏗️
Adani Enterprises: Allocates ₹1,000 Crore For Secured Rated Listed NCDs Through Private Placement 📈💰
Tata Steel: Reports 2QFY26 Production Of 5.67 Million Tons, Up 8% From Previous Quarter And 7% From Last Year; Domestic Deliveries Hit 5.56 Million Tons, Rising 20% From Last Quarter And 7% Year-Over-Year; Key Areas Perform Well With Record Deliveries In Branded Products And Retail. 🏭📈
Adani Enterprises: Jefferies maintains Buy on AdaniEnterprises with Price Target of Rs 3000
TATA STEEL: UK Prime Minister Starmer To Meet With Tata Discussions About Steel Industry Planned
Adani Enterprises: Plans To Raise Funds Between ₹18,000 Crore And ₹25,000 Crore Through Rights Issue - CNBC Aawaz📈
Adani Enterprises: Co Board Approves Fundraising By Issuing Non-Convertible Debentures Worth Up To ₹3,000 Crores. This Will Be Achieved Through Private Placement, Public Issue, Or Other Allowed Methods. 📈💰
Vedanta: NCLT hearing has been postponed to a later date. Meanwhile, short-seller Viceroy Research claims that Singapore authorities are probing a potential $1.27 billion remittance involving Vedanta
JSW Steel: Supreme Court Denies Request to Dismiss Money Laundering Case Linked to Illegal Mining Investigation Involving Janardhana Reddys Company. ⚖️💰
Adani Enterprises: India Looks Into Adani Defence For Suspected Import Tax Evasion On Missile Components, Adani Group Claims To Have Addressed All Concerns With Authorities, Considering The Matter Resolved "From Our End." 🇮🇳🛡️-RTRS
JSW Steel: SC Dismisses PMLA Case Against Co ✅⚖️
Adani Enterprises: Adani Airport CEO Announces First Commercial Flight from NMIAL in December. ✈️🗓️
Jindal Stainless: Company Starts First Stainless Steel Fabrication Unit In Mumbai With ₹125 Crore Investment; Anticipated Capacity Of 18,000 Tonnes Annually By FY26-27; Unit Will Generate Over 250 Jobs And Aid Infrastructure Growth. 🏗️💰
Tata Steel: Faces ₹2,411 Crore Demand Notice From Odisha For Alleged Chrome Ore Dispatch Shortfall, Plans Legal Challenge 🏭⚖️
Jindal Steel: Co Is Nearing A Deal To Buy Thyssenkrupps Unit. 🏗️🤝 -FE
NMDC: Production Increases To 3.75MT From 3.04MT Year-Over-Year, Sales Rise To 3.88MT From 3.54MT Year-Over-Year. 📈🔼
Adani Enterprises: Adani Road Transport Will Take Full Control of Yashodhan Highways by Acquiring 100% Stake. 🚧💼
Vedanta: $500 Million Bond Offering Receives Three Times Oversubscription, Improving Companys Debt Situation. 💰📈
Apl Apollo Tubes: Reports Sales Volume of 855,037 Tons in Q2 FY26, Up from 794,350 Tons in Q1 FY26 and 758,267 Tons in Q2 FY25 📈📊
Adani Enterprises: Subsidiary Artl Signs Agreements to Buy Full Stake in Yashodhan Highways and KN Highways Development, Boosting Road Infrastructure Holdings. 🛣️💼
Vedanta: Company Extends Deadline for Arrangement Conditions to March 31, 2026 🗓️📅
Adani Enterprises: Navi Mumbai Airport Receives DGCAs Aerodrome License, Ready For Commercial Operations ✈️🏗️ -CNBC TV18
Tata Steel: Citi on Tata Steel Maintain Sell with Target price of Rs 145
Jindal Steel: Commissions New 3 MTPA Oxygen Furnace at Angul, Boosting Steel Production Capacity to 9 MTPA. 🔧🏗️
Tata Steel: Companies Will Keep Collaborating For Custom Deal In Upcoming Months -- Tata Steel Board To Review Final Investment Decision As They Move Towards A Binding Agreement. ⚖️💼
Tata Steel: Co Signs Joint Letter of Intent with Dutch Government for Decarbonization and Health Project 🇳🇱🌱
Vedanta: Viceroy Research Claims That New Referral Brings Significant Regulatory Risks To The $750M 144A/Reg S Issuance By Vedanta - Viceroy Research 📉💼
Vedanta: RBI Has Referred Vedanta Group To Enforcement Directorate For Investigation, Says Viceroy Research 🚨📉
Vedanta: Moodys Gives Vedanta Resources A B2 Rating For Their Upcoming Bonds With A Stable Outlook. 📈📝
JSW Steel: MorganStanley maintains Overweight on JSW Steel with Price Target of Rs 1300
JSW Steel: Plans To Review Its Q2 2023 Results On October 17. 🗓️📈
NALCO: Co showcases Angul Aluminium Park as Odisha’s strategic aluminium hub at Bhubaneswar roadshow
Tata Steel: TSHP to Remain a Wholly Owned Foreign Subsidiary
Tata Steel: Acquires $460 Million Stake in T Steel Holdings Pte. Ltd. 🌍💰
Vedanta: Co Confirms Govt Rejection of Cambay Basin Oil Block Extension, Says Matter Below SEBI Disclosure Threshold; Engaging with Authorities
JSW Steel: Nomura on JSW Steel, Buy; Target Price Raised to Rs 1,300
Adani Enterprises: Jefferies maintains Buy on AdaniEnterprises with Price Target of Rs 3000
Vedanta Ltd: Company Claims No Ongoing Investigation, No Contact From Singapore Police 🚫👮
Hindalco Industries: Novelis Inc. Reveals $100 Million Municipal Bonds Issuance And Changes To Term Loan; Loan Agreement Submitted To U.S. SEC. 💰📄
Adani Enterprises: Sebi Reaffirms Hindenburg Claims Baseless; Adani Group Upholds Transparency & Integrity, Says Investors Deserve Apology — Gautam Adani On X
Vedanta: Chosen As Preferred Bidder For Punnam Manganese Block 🪨🔑
Adani Enterprises: Emaar Is Thinking About A Joint Venture With Groups In India, Including Adani. 🤝🇮🇳
Hindalco: Fire Stops Production At Novelis Oswego Plant, No Injuries Reported 🔥🏭
JSW Steel: Co Increases Economic Stake in M Res NSW HCC Pty Ltd to 83.33%, Boosting Effective Coal Offtake to 30%
Vedanta: Companys Spokesperson Withdraws Application for Intervention. 🚫📝
JSW Steel: Acquires More Economic Stake in M Res NSW for $60 Million, Increasing Ownership to 83.33%. 💰🔗
Vedanta: Government Claims No Need for Extra Disclosure on Demerger Case and Is Not Against It - CNBC TV18🏢⚖️
Vedanta: Company Needs to Pay Attention to Legal Disclosure Rules at NCLT. 📊⚖️
Vedanta: Government Raises Concerns About Financial Risks After Demerger, Claims Misrepresentation of Hydrocarbon Assets ⚠️💼
Vedanta: Government Reinforces Opposition Against Vedantas Demerger Plan. 🏢⚖️
Vedanta: National Company Law Tribunal Schedules Hearing For Vedantas Demerger Petition On October 8. ⚖️📅
Jindal Steel: Co Bids For Thyssenkrupps European Steel Operations 🏗️🤝
Jindal Steel: Co Offers Thyssenkrupp AG A Possible Buyout And A Long-Term Solution For Its Steel Operations, Confirming A Non-Binding Bid For Thyssenkrupp Steel. 🏗️💰
Vedanta: NCLAT Sets Aside NCLT Order, Clears Path for Cos Talwandi Sabo Power Scheme of Arrangement
Jindal Steel: German Union IG Metall Praises Jindal Steels Offer For Thyssenkrupp Steel Unit As Positive News For Employees. 🏭👍
Jindal Steel: ThyssenKrupp Receives Non-Binding Offer From Jindal Steel International For ThyssenKrupp Steel Europe Purchase. 🏗️💼
Adani Enterprises: Gets Approval For Ropeway Project Linking Sonprayag And Kedarnath, Plans To Invest 40.81 Billion Rupees. 🚡💰
India Is Thinking About Imposing An Export Tax On Iron Ore Due To Worries About Production. 🇮🇳⛏️(NMDC)
Vedanta: TSPL Reaches Agreement With SEPCO To Resolve All Claims And End Arbitration Process. 🤝⚖️
Adani Enterprises: Adani Road Transport Limited Will Buy 100% Stake In D P Jain Tot Toll Roads Private Limited For Up To INR 1,342 Crore. 🚚💰
Mcx March Silver Contract Hits Fresh Record High Of Rs 130,000 Per Kg; Mcx Dec Silver Contract Hits Fresh Record High Of Rs 128,612 Per Kg ( Hindustan Zinc )
Adani Enterprises: Adani Group In Discussions With Sharp Corp And Panasonic To Create A Joint LCD Manufacturing Plant In India. 🇮🇳📱 -ET
Adani Enterprises: Adani Is In Discussions With Companies To Establish An LCD Display Manufacturing Facility In India. 📈🤝- ET
Adani Enterprises: Adani’s Effort To Resolve Bribery Case Stalled Due To Strained US-India Relations. 🇮🇳🇺🇸
NMDC: Environment Ministry Exempts Critical Minerals From Public Consultations 🌍🔍- MC
Jindal Stainless: Company Provides High-Quality 301N Austenitic Stainless Steel For Bangalore Metro Phase 2 Project. 🚆🌟
Jindal Stainless: Company Provides Stainless Steel For Bangalore Metro Expansion 🚇🛠️
NMDC LTD.: RS. 55.32 CRORES NSE BLOCK TRADE; FOR ~ 7,475,354 SHARES, AT RS. 74.00
Vedanta: Increases Spending Over 125 Billion Rupees To Support Metal Production For Electric Vehicle Industry. ⚡🔋
SAIL: Cos Co-Executive Anticipates Cooking Coal Supplies to Restart from Mozambique Joint Venture in a Few Months. ⏳⛏️
Jindal Stainless: Co-Promoter JSL Overseas Buys 1.2 Million Shares From Open Market. 📈💼
JSW Steel: Company Reports 27.03 Lakh Tonnes Of Crude Steel Production For August 2025; Production Rises 17% Year-Over-Year; Capacity Utilization Stands At 95%. 🛠️📈
Jindal Steel And Power: Co Chairman Claims Proposed Import Tax Can Effectively Reduce Imports. 🏗️📉
Vedanta: Supreme Court Judge Withdraws From Hearing PIL Against co. ⚖️🛡️
Vedanta: Co Likely Wins Race for Jaiprakash Associates with ₹17,000 Crore Bid Offering ₹12,500 Crore Net Value to Lenders, Beating Adani, Dalmia Bharat, PNC Infratech and Jindal Group - NDTV
JSPL: DRDO Hands Over Three Advanced Material Technologies To JSPL For Producing DMR-1700 Steel Sheets And Plates For Defence Uses. 🇮🇳⚙️
Vedanta: Faces Examination In Odisha Due To Allegations Of Tribal Rights Violations; Their Project There Is Currently On Hold. ⚖️🚫
NMDC: AUG IRON ORE PRODUCTION AT 3.37 MT VS 3.07 MT (YOY); SALES AT 3.39 MT VS 3.14 MT (YOY)
HINDALCO INDUSTRIES LTD.: RS. 59.80 CRORES NSE BLOCK TRADE; FOR ~ 846,956 SHARES, AT RS. 706.00
NALCO: Cos Chief Managing Director Shares Plans For Equity Participation In Australian Lithium Project Through KABIL. 🔍🇦🇺
NALCO: Company CMD Reports More Alumina Available In India Because Of New US Tariffs, But Sees Some Pressure On Domestic Prices From Increased Supply 📉🪙
NALCO: Company To Spend 300 Billion Rupees On New Smelter And Coal Power Plant, Aiming To Bid For Key Mineral Mines In India. ⚒️💰
NALCO: Company CMD Announces Plans to Acquire New Bauxite and Coal Mines. ⛏️💼
TATA Steel: Official Document Reveals China Plans To Reduce Steel Production From 2025 To 2026. 🏗️📉
JSW Steel: China Plans To Reduce Steel Production By 2025-2026, As Revealed In A Document By Reuters. 🏭📉
Tata Steel: Co Acquires USD 355 Million Stake in Wholly-Owned Subsidiary T Steel Holdings Pte. Ltd
JSW Steel: Co Incorporates JV “APJSW Private Limited” with APMDC for Konijedu Marlapadu Iron Ore Project in Andhra Pradesh; Company Holds 89% Equity, Project to Replace Imported Iron Ore and Reduce Costs
Vedanta: Co Declares Second Interim Dividend of ₹16 Per Share
Adani Enterprises: Defence Acquisition Council Approves ₹30,000 Crore Deal For 87 Male Drones, Boosting Local UAV Production. TATA Advanced And Adani Defence To Receive The Order. 🚁🇮🇳
National Aluminium Co: Co For Fy26 Alumina Production, Targeting 22.5-23 Million Tons -- CoS Fy26 Alumina Exports, Planning 41-42 Shipments Vs 36 Last Year - Concall Update
National Aluminium Co: CoS New 5th Stream Alumina Refinery Aims For Mechanical Completion By Mar 2026, Production Start By Jun 2026, Output Of 5 Lakh Tons In Fy27, And Ramp-Up To 10 Lakh Tons Within 6 Months - Concall Update
National Aluminium Co: Co For Domestic Alumina Sales, Targeting Around 1-1.2 Lakh Tons This Year Vs 40,000 Last Year - Concall Update
National Aluminium Co: Co Says Overall Co Targeting 10% Higher Targets Across All Areas Compared To Previous Year - Concall Update
National Aluminium Co: Co Plans To Increase Wire Rod Production Capacity By Adding A New Wire Rod Mill With 100,000 Ton Annual Capacity, Expected To Take About 2 Years To Complete - Concall Update
National Aluminium Co: Co Planning To Enter The Aluminum Foil Segment With A Relatively Small Investment Of Inr 150-200 Crs - Concall Update
National Aluminium Co: Co Says Adding An Annealing Furnace To Increase Rolled Product Capacity From 2,000 Tons To 3,000 Tons Per Month By March - Concall Update
National Aluminium Co: Co Says Exploring Special Grade Alumina And Fused Alumina As Potential Value-Added Products - Concall Update
Tata Steel: Challenges 19.03 Billion Rupee Demand With Legal Petition 🏭⚖️
Tata Steel: Files Legal Petition To Challenge Demand Letter Over Mineral Dispatch Shortfall ⚖️🛠️
JSW Steel: Banks Urge Co To Pay Interest Due To Delay In Bhushan Power Resolution Plan 🏦⚡ -CNBC TV18
JSW Steel: Co Reports 19% Yearly Increase In Total Crude Steel Production, With 92.5% Capacity Utilization In Indian Operations For July 25. 🏭📈
JSW Steel: Co Reports July 2025 Crude Steel Production at 26.23 Lakh Tonnes. 🏗️📊
Jindal Stainless: Keeps Volume Growth Goal at 9-10% for FY26, Maintains EBITDA Guidance at ₹19,000-21,000 Per Ton, and Expects Capacity Utilization to Reach 80-85% by End of FY26, Chomeni Subsidiary Also Targeting 80-85% Capacity Utilization by Second Half of FY26. 📊📈
NATIONAL ALUMINIUM CO: Q1 EBITDA 14.9B RUPEES VS 9.34B (YOY) -- Q1 EBITDA MARGIN 39.21% VS 32.71% (YOY)
NATIONAL ALUMINIUM CO: Q1 CONS NET PROFIT 10.5BRUPEES VS 5.9B (YOY) -- Q1 REVENUE 38.1B RUPEES VS 28.6B (YOY)
Adani Enterprises: Establishes New Company Nagpur Syn-Gas & Chemicals Ltd For Chemical Production 🏭🌱
Tata Steel: Co Subsidiary Completes 40% Stake Acquisition in TSN Wires, Makes It Wholly-Owned
Jindal Stainless: Company Aims For Steady Growth With 4.2 MT Capacity By FY27, Focusing On High-Value Sectors, Defence, Clean Energy Alloys, And Enhancing Efficiency Through Digital Manufacturing. 📈🔧
JINDAL STAINLESS: Q1 EBITDA 13.1B RUPEES VS 12.1B (YOY) -- Q1 EBITDA MARGIN 12.83% VS 12.83% (YOY)
JINDAL STAINLESS: Q1 CONS NET PROFIT 7.14B RUPEES VS 6.48B (YOY) -- Q1 REVENUE 102.1B RUPEES VS 94.3B (YOY)
Adani Enterprises: Starts New Company for Cybersecurity Services 🛡️💻
Adani Enterprises: Co Confirms No Collaboration Plans With BYD. 🚫🤝
Adani Enterprises: Pursues Partnership With BYD For Renewable Energy Batteries 🔋🌱 -BBG
JSW Steel: Co And JFE Steel Plan To Increase Grain-Oriented Electrical Steel Capacity To 350,000 Tons Per Year In India. ⚙️📈
NMDC: Reports July 2025 Production at 3.09 MT and Sales at 3.46 MT. 📈💰
NMDC: Company Reveals Iron Ore Prices Starting August 1, 2025 - Baila Lump (65.5%, 10-40MM) Priced at 6,100 Rupees Per Ton and Fines (64%, -10MM) Priced at 5,250 Rupees Per Ton. 🪨💰
NMDC: Company Raises Fines And Lump Prices By ₹400 Per Tonne. 📈💰
Tata Steel: Co Consolidates ASEAN Wire Operations: Acquires Remaining 40% Stake in Loss-Making TSN Wires for Nominal ₹270 via SIW Subsidiary to Boost Efficiency and Synergies
JSW Steel: Supreme Court Decides JSW Steel Case Requires Re-Evaluation ⚖️🔍
JSW Steels Appeal Regarding Bhushan Power Case Continues To Be Heard 🍂⚖️
ADANI ENTERPRISES: Q1 EBITDA 33.1B RUPEES VS 37.05B (YOY) -- Q1 EBITDA MARGIN 15.1% VS 14.55% (YOY)
ADANI ENTERPRISES: Q1 REVENUE 220B RUPEES VS 255B (YOY)
ADANI ENTERPRISES: Q1 CONS NET PROFIT 7.3B RUPEES VS 14.5B (YOY)
VEDANTA: Q1 EBITDA 99.2B RUPEES VS 99.45B (YOY) -- Q1 EBITDA MARGIN 26.22% VS 27.81% (YOY)
VEDANTA: Q1 REVENUE 378B RUPEES VS 358B (YOY)
VEDANTA: Q1 CONS NET PROFIT 32B RUPEES VS 36.06B (YOY)
Tata Steel: Co Sets Strong Foundation for Future Growth with Value-Added Expansion, Green Steel Initiatives, and India-Centric Capacity Ramp-Up
Tata Steel: Co Charts Future-Ready Growth Path with ₹11,500 Cr Cost Transformation, Green Steel Push, and 40 MTPA Expansion Drive
TATA Steel: Reports Increased Pressure On Steel Spot Spreads In July 📉🔍
Tata Steel: Reports That G Blast Furnace Reline In Jamshedpur Is Nearly Finished. 🔧🏭
Tata Steel: Says India Sales Expected To Rise Sequentially Next Quarter. 📈🇮🇳
Tata Steel: Expects Steel Production And Deliveries To Return To Normal Soon. 🏗️📈
Tata Steel: Acquires 26% Stake In TP Adarsh And Approves Investment Of 60 Million Rupees. 📈💰
TATA STEEL: Q1 EBITDA 74.3B RUPEES VS 66.9B (YOY); EST 70.7B -- Q1 EBITDA MARGIN 13.96% VS 12.22% (YOY); EST 13.7%
TATA STEEL: Q1 CONS NET PROFIT 20B RUPEES VS 9.18B (YOY); EST 17.65B -- Q1 REVENUE 531.8B RUPEES VS 547.7B (YOY); EST 515B
JSW Steel: Supreme Court Approves Oral Hearing for Bhushan Power and Steel Review Petition ⚖️📅
JSW Steel: SC Will Review Cos And Its Lenders Petitions In Bhushan Power Insolvency Case. ⚖️🏗️
SAIL: Aims For 18.5 Million Tons Sales In FY26 With Approved CAPEX Of ₹7,500 Crores, Significant Increase Anticipated In FY27 Due To IISCO Expansion 📈🏗️
TATA Steel: EU Continues Anti-Dumping Tariffs On Chinese Coated Steel Products. 🇪🇺🔧
SAIL: Q1 EBITDA 27.7B RUPEES VS 22.2B (YOY) -- Q1 EBITDA MARGIN 10.69% VS 9.25% (YOY)
SAIL: Q1 CONS NET PROFIT 7.4B RUPEES VS 818M (YOY) -- Q1 REVENUE 259B RUPEES VS 240B (YOY)
APL Apollo Tubes: Company Believes Growth Could Exceed 15-20% in FY27 If Economic Conditions Get Better; Long-Term EBITDA Per Tonne Target Set at Rs. 5,500-6,000 - Update from Concall 📈🏗️
APL Apollo Tubes: Lowers Volume Growth Forecast For FY26 To 10-15% From 15-20% Because Of Slower Performance In The First Half, And Updates EBITDA Spread Guidance To Rs. 4,600-5,000 Per Tonne. 📉📊
Tata Steel: Completes Acquisition Of Full 100% Stake In Neelachal Ispat Nigam. 🏭💼
Adani Enterprises: Partners With Mettube For Copper Tubes Venture, Divesting 50% Stake In Kutch Copper Tubes Ltd. Subsidiary. 🏭🤝
APL APOLLO TUBES: Q1 REVENUE 51.7B RUPEES VS 49.74B (YOY)
APL APOLLO TUBES: Q1 EBITDA 3.7B RUPEES VS 3.02B (YOY) -- Q1 EBITDA MARGIN 7.2% VS 6.06% (YOY)
APL APOLLO TUBES: Q1 CONS NET PROFIT 2.4B RUPEES VS 1.9B (YOY)
Vedanta: Company Selected As Top Bidder For Janthakal Iron Ore Mine In Karnataka Covering 71.16 Hectares At G3 Exploration Stage. ⛏️🪨
Jindal Steel & Power: Changes Name To Jindal Steel Limited. 🏗️🔧
JSW Steel: Company Executive Highlights Need to Watch Certain Low-Cost Imports From Russia. 🛠️📉
JSW Steel: Executive Comments on July Steel Price Drop Due to Global Issues, Inexpensive Imports, and Monsoon Interruptions. 🌧️📉
JSW Steel: Company Executive Anticipates Continued Strong Demand Growth For Steel Next Year. 📈
JSW Steel: Executive Forecasts Strong Steel Demand in India for Q2. 🏗️📈
JSW Steel: Executive States That Decline In Export Volumes Has Led To Increased Inventory Levels. 📉🏭
JSW Steel: Executive Indicates Solid Reasons to File Review Petition for Bhushan Power & Steel 🚀⚖️
JSW Steel: Official Highlights Ongoing Challenge From High Chinese Exports. 🏭📉
JSW Steel: Executive Says Domestic Steel Demand Is Strong But Low-Cost Imports Are Worrisome. 🏗️📉
JSW Steel: To Acquire Full Ownership Of Saffron Resources For 6.79 Billion Rupees, Gaining 887 Acres In Odisha For Expansion. 🌱💰
JSW Steel: Joint Venture To Develop Konijedu Marlapadu Iron Ore Project In Andhra Pradesh, With A Project Cost Of 10.75 Billion Rupees. 🏗️💰
JSW Steel: Plans To Acquire Full 100% Stake In Saffron Resources And Buy Up To 24.9% In JSW Severfield For 2.35 Billion Rupees. 💰🔗
JSW STEEL: Q1 REVENUE RUPEES 432B VS 429.4B (YOY)
JSW STEEL: Q1 EBITDA 75.76B RUPEES VS 55.1B (YOY) -- Q1 EBITDA MARGIN 17.56% VS 12.83% (YOY)
JSW STEEL: Q1 CONS NET PROFIT RUPEES 22B VS 8.45B (YOY)
HINDUSTAN ZINC: Q1 EBITDA 38.5B RUPEES VS 39.4B (YOY) -- Q1 EBITDA MARGIN 49.9% VS 48.4% (YOY)
HINDUSTAN ZINC: Q1 REVENUE RUPEES 77.2B VS 79B (YOY)
HINDUSTAN ZINC: Q1 SL NET PROFIT RUPEES 22.3B VS 23.6B (YOY)
NMDC Ltd.: Rs. 16.09 Crores NSE Block Trade; for ~ 2,287,050 Shares, at Rs. 70.34
Tata Steel Ltd.: Rs. 30.68 Crores NSE Block Trade; for ~ 1,896,959 Shares, at Rs. 161.75
Adani Enterprises: Co Will Completely Sell Its Stake In AWL, Signing A Share Purchase Agreement With Wilmar For Up To 20% Stake Worth ₹10,874 Crore At ₹275 Per Share. 📈💰
Adani Enterprises: Has Signed A Sale And Purchase Agreement And Has Agreed To End The Agreement With ACL And Lence. 📄✍️
Adani Enterprises: Has Signed A Sale And Purchase Agreement And Has Agreed To End The Agreement With ACL And Lence. 📄✍️
Hindustan Zinc: Receives Intent Letter From Government As Preferred Bidder For Jhanda Wali – Satipura Potash And Halite Block In Rajasthan. 📑🏞️
Tata Steel: Tata Group Chairman N. Chandrasekaran Celebrates Launch Of New Electric Arc Furnace At Port Talbot. ⚒️🏗️
Adani Enterprises: Navi Mumbai Airport Receives Approval For New Charges, Domestic Passengers Will Pay ₹640 Instead Of Proposed ₹840, While International Passengers Will Pay ₹1,125 Instead Of Proposed ₹1,500, Approved In June. ✈️🏖️
Adani Enterprises: Navi Mumbai Airport Gets Approval For Charges, Domestic Passengers To Pay Rs 840, International Passengers Rs 1500, Incoming Domestic Rs 360, International Rs 750 ✈️🏢
Vedanta: Delhi HC Denies Request To Halt Cos Deductions In Oil Field Arbitration Case; Company Can Now Adjust Extra USD 157 Million After Already Adjusting USD 377 Million. 🚫💰
Hind Zinc: MCX December Silver Contract Reaches New Record of Rs 113,185 Per Kg
Hindustan Zinc: MCX September Silver Contract Reaches New Record High At INR 111,552 Per KG 📈✨
Hind Zinc: MCX December Silver Contract Reaches New Record of Rs 113,185 Per Kg. 🪙📈
Hind Zinc: Company Gains Attention As Silver Reaches Record High, MCX Silver Surpasses ₹1.10 Lakh/KG 📈🥇
Tata Steel: Infuses $125.25 Million in Wholly-Owned Subsidiary T Steel Holdings Pte. Ltd
Vedanta: Co-Chairman Claims Viceroy Research Report Is Biased, Plans To Address It. 📰⚖️
Vedanta: Co-Chairman States That Companies Demerger Must Be Finished Before September. ⏰📅
VEDANTA: Viceroy Research Plans To Contact SEBI Regarding Vedantas Resources Issue.
VEDANTA: TOP EXECUTIVE OF MINING AND METALS AT VEDANTA RESOURCES HAVE QUIT JOB: BLOOMBERG SOURCES
Adani Enterprises: Plans To Conclude Up To ₹10 Billion Bond Sale By July 11. 📈💰
JSW Steel: Fitch Maintains Cos Rating At BB With A Stable Outlook 📈🔍
Vedanta: Company Believes Timing of Report is Questionable and Might Aim to Undermine Upcoming Corporate Plans - CNBC TV18 📰🤔
Vedanta: Spokesperson Claims Report Authors Aim to Create Hype for Financial Gain. 📈📰
Vedanta: Company Rejects Viceroy Research Report As False Claims And Misleading Information. 📉📰 -CNBCTV18
Vedanta: Debt Strain Rises As VRL Withdraws Funds, Increasing Financial Pressure And Depleting Cash Reserves, Says Viceroy. 💸📉
Vedanta: Debt Strain Rises As VRL Withdraws Funds, Increasing Financial Pressure And Depleting Cash Reserves, Says Viceroy. 💸📉
Vedanta: Cos Debt Issue Leads To Cash Depletion As VRL Extracts Funds From It. 💸📉
Vedanta: Viceroy Reports Co Groups Financial Structure Is Unsustainable And Operationally Flawed, Similar To A Ponzi Scheme. 📉💼
VEDANTA: Short Seller Viceroy Releases Report Critical of Company 📉📰
Tata Steel: Cos EAF Project Construction at Port Talbot Set to Begin This Month 🏗️📅
Tata Steel: Reports Q1 Crude Steel Output Of 5.26 Million Tons And Deliveries Of 4.75 Million Tons. The Company Announces Operations Have Restarted At NINL, With The Reline Of G Blast Furnace Anticipated To Finish By July 2025. 🏭📈
JSW Steel: Reports 7.26 Million Tonnes Of Crude Steel Production In Q1 FY26, Up 14% Year-Over-Year. 🔥📈
Tata Steel: Company Teams Up With Australia’s InQuik To Introduce Modular Bridge Technology In India. 🌉🇮🇳
Tata Steel: Will Explore Legal Options Against State Demands Lacking Justification ⚖️🛠️
Tata Steel: Faces 19.03 Billion Rupee Shortfall Claim Over Mineral Dispatch For Sukinda Chromite Block And Argues That The States Requests Are Unjustified. 🏢⚖️
TATA Steel: Receives Demand Letter For Revised Evaluation Of Shortfall In Mineral Dispatch From Sukinda Chromite Block. 📄⚒️
Hindustan Zinc: Company Secures License For Nawatola-Laband Ree Block In Sonbhadra After Winning Bid 🏆📜
Hindalco Industries: DGTR has Reinstated 5-Year Duties On Copper Wire Rod Imports From Four Southeast Asian Nations For Domestic Industry Protection. ⚖️🌏
Jindal Steel: Company Gets Letter Of Intent After Winning Bid For Roida-I Iron Ore And Manganese Block In Odisha. 🏗️📜
Vedanta: Company Achieves Highest Ever Alumina Production And Increased Zinc Output In Q1 FY26. 📈🥇
TATA STEEL LTD.: RS. 54.80 CRORES NSE BLOCK TRADE; FOR ~ 3,281,157 SHARES, AT RS. 167.01
VEDANTA LTD.: RS. 63.19 CRORES NSE BLOCK TRADE; FOR ~ 1,375,269 SHARES, AT RS. 459.50
VEDANTA LTD.: RS. 51.48 CRORES NSE BLOCK TRADE; FOR ~ 1,118,541 SHARES, AT RS. 460.20
Tata Steel Ltd.: Rs. 35.38 Crores NSE Block Trade; for ~ 2,120,091 Shares, at Rs. 166.90
Hindustan Zinc: Reports Saleable Silver Production Of 149 Metric Tonnes, Decreasing By 11% Year-Over-Year Due To Reduced Silver Input From SK Mine, And Down 16% Quarter-Over-Quarter Aligned With Lead Production And Increased WIP Liquidation Last Period
Hindustan Zinc: Refined Metal Production Falls To 250 KT, Down 5% Year Over Year And 7% Quarter Over Quarter Due To Plant Availability And Maintenance Work. ⚒️🔧
Hindustan Zinc: Reports Record First Quarter Mined Metal Production Of 265 KT, An Increase Of 1% Year Over Year, But This Was Lower Compared To The Previous Quarter
NMDC: Co Explores Partnership With UAE To Create High-Quality Steel And Aluminum, Focusing On Developing The Mining Value Chain. 🇮🇳🇦🇪
SAIL: India And UAE Discuss Plans To Create High-Quality Steel And Aluminum. SAIL, A Major Indian Company, Currently Imports About 2.5 Million Tonnes Of Low-Silica Limestone Each Year From Stevin Rock LLC In Ras Al Khaimah. 🇮🇳🇦🇪
Adani Enterprises: Companys Subsidiary Adani Defence Takes Over 85.1% Stake in Air Works India for 4 Billion Rupees. 💰✈️
NMDC: Reports June Production of 3.57 Million Tonnes Compared to 3.37 Million Tonnes Last Year, While June Sales Decrease to 3.58 Million Tonnes from 3.73 Million Tonnes Year Over Year. 📊🔻
Adani Enterprises: Co Plans To Raise ₹10 Billion Through Bonds, With Sale Starting On July 9th. 💰📅
APL Apollo: Co Reports Q1 FY26 Sales Volume of 794,350 Tons, Up 10% YoY but Down 7% QoQ. 📊📉
NMDC: Company Seeks Acquisition Options For Essential Minerals In Africa, Australia, And South America 🌍💎
NMDC: Export Demand Has Not Fully Returned, Predicts Indian Iron Prices Will Remain Low In Upcoming Weeks
NMDC: Company Reveals Updated Iron Ore Prices Starting July 1, 2025 - Baila Lump (65.5%, 10–40MM) Now Priced at ₹5,700/Ton and Fines (64%, -10MM) at ₹4,850/Ton. 📈💰
Tata Steel: Tata Steel Netherlands Unveils Plans For Green Steel Initiative To Cut Carbon Emissions By 5 Million Tonnes In Collaboration With Trade Unions. 🌱🌍
Hindalco: Co Plans To Review Q1 Earnings On August 12th. 📅📈
JSW Steel: Plans To Review Q1 Results On July 18. 📅📈
NMDC Steel: CO Begins Production Of Automotive Steel, Joining Tata Steel, JSW, And Arcelor Mittal As The Fourth Company In This Sector. 🚗🔩
Vedanta: Vedanta Resources, Twin Star Holdings, and Welter Trading Sign $600 Million Facility Agreement. 💼💰
APL Apollo Tubes Ltd.: Rs. 19.00 Crores NSE Block Trade; for ~ 106,207 Shares, at Rs. 1789.30
Adani Enterprises: Co Files Draft Prospectus For ₹1,000 Crore NCD Public Offering 📈📄
Tata Steel: Co Invests $180 Million In T Steel Holdings As Part Of A $2.5 Billion Investment Strategy. 💰🏗️
JSW Steel: Co Files Petition In Supreme Court Regarding Bhushan Power And Steel Resolution Plan. ⚖️🏭
Tata Steel: Co Faces Tax Recovery Notice For 8.91 Billion Rupees On Input Tax Credit. 💰📉
Hindalco Industries: To Acquire Full Ownership Of AluChem Companies For A Valuation Of $125 Million. 💰🏢
Adani Enterprises: Airports Secures $1 Billion Funding From International Investors ✈️🌐
Adani Enterprises: Group Chair Announces Navi Mumbai Airport Will Begin Operations Later This Year ✈️🌆
ADANI ENTERPRISES: Gautam Adani Confirmed That No One From The Adani Group Has Been Charged By The US DOJ Amid Ongoing Legal Issues ⚖️.
ADANI ENTERPRISES: GAUTAM ADANI BRIEFS LIVE AGM -- CRUCIAL ANNOUNCEMENTS AND GROUP OUTLOOKS ARE EXPECTED TO BE ANNOUNCED DURING THE AGMS
Adani Enterprises Has Launched India’s First Off-Grid Green Hydrogen Pilot Plant With A Capacity Of 5 MW. 🌱⚡
Tata Steel: Company Gets GST Show Cause Notice for ₹161.5 Crores Related to Amalgamated TSLP, Firm Thinks SCN Lacks Validity. 📄⚖️
Hindustan Zinc Receives ESG Rating Of 64 From NSE Sustainability In An Independent Evaluation 🌱📊
Hindalco: Company Purchases Aditya Holdings LLC In The U.S. To Grow Global Presence 🌍💼
Jindal Steel & Power Will Hold One-on-One Meetings With Government Of Singapore Investment Corp And Systematix Group On June 23 And June 25 In Gurgaon. 📅🤝
Vedanta: Company Announces Dividend of ₹7 Per Share 💰📈
Vedanta: Company Plans Capital Increase for Balance Sheet De-leveraging 💰📉
HINDUSTAN ZINC LTD.: RS. 3184.36 CRORES NSE BLOCK TRADE; FOR ~ 69,323,082 SHARES, AT RS. 459.35
Hindustan Zinc: Vedanta Plans to Divest 75 Billion Rupees Stake Through Block Transactions 💰📉
Hindustan Zinc: Company Reports That Capacity Expansion Will Increase Current Capacity By 22% 📈💪
Hindustan Zinc: Co Received Approval To Establish A 250 KT Integrated Zinc Metal Complex In Debari, Alongside Associated Mining And Milling Capacities, With A Total Capital Outlay Of Up To ₹12,000 Crore. 🏗️🔋
Adani Enterprises: The Company Sets Up A Wholly Owned Subsidiary Named "Astraan Defence Limited" 🎯🛡️, Targeting The Defence Sector
Vedanta: Companys Board Meeting Scheduled for June 18 to Discuss First Interim Dividend 📆💰
Hindustan Zinc: Governments Sale of Stake May Face Postponement Due to Robust Dividend Inflows 💰📉.
NALCO: Cos New Director (Finance) Appointed, Shri Abhay Kumar Behuria, Who Brings Over 30 Years Of Experience From MAHARATNA Company (SAIL) 🎉📈💼
Hindustan Zinc: Company Announces ₹10 Dividend Per Share 💵📈🎉
ndustan Zinc: Company Announces ₹10 Dividend Per Share 💵📈🎉
NMDC: The Government Is Investigating Ways To Utilize NMDC: The Public Sector Undertaking For The Manufacturing Of Rare-Earth Magnets. 🪙🔍🇮🇳
Vedanta: Company Aims to Cut Debt From $5 Billion to $3 Billion By 2027 💰📉🔍
JSW Steel Reports May25 Consolidated Crude Steel Production Reaching 22.73 Lakh Tonnes, Reflecting An 8% Year-Over-Year Increase 📈🥇🌟
TATA Steel: Company Requests Government To Finalize Comprehensive Agreement With Trump Promptly 🇮🇳🤝🗽
TATA STEEL: Company Alerts That Its Export Operations May Face Challenges Due To The UK-US Trade Agreement. 🛠️💼 - FT
Hindustan Zinc: Companys Board To Discuss First Interim Dividend For Fiscal Year 2026 On June 11. 💰📅
SAIL: Company Decreases Debt By Approximately ₹7.5 Billion Last Year; Aims To Lower It Even More This Fiscal Year, According To Officials. 📉🏦💰
Vedanta: Co Plans To Utilize ₹5,000 Crore From NCDs To Reduce High-Cost Debt, Aiming To Save ₹350 Crore In Interest Expenses 💰📉🚀. -ET
Hindustan Zinc: Spot Silver Surges Above $35 Per Ounce For The First Time Since October 2012 🌟
National Aluminium: Co Engaged in Discussions with Tech Partners for Progressing Joint Ventures on Smelter Expansion Power Needs ⚡️🔗🏗️
Vedanta: Co Allocates ₹5,000 Crore For Non-Convertible Debentures Through Private Placement 💰📈🔍
Vedanta: Co spokesperson advocates for protective tariffs in the aluminium industry akin to those in the steel sector. ⚒️📈💼
Vedanta: Companys spokesperson criticizes Trumps aluminum tariffs as harmful to the Indian industry facing increased import pressures. 📉🇮🇳🔨
Adani Enterprises: Navi Mumbai International Airport nearing launch with initial capacity to handle 20 million passengers, expandable to 90 million annually in a phased manner. ✈️🏗️🌍
Adani Enterprises: Co has raised USD 750 million through external commercial borrowings (ECB) from a consortium of international banks. 📈💰🌍
NMDC: Revises iron ore prices effective June 4, 2025; Baila lump priced at ₹6,300/ton and Baila fines at ₹5,350/ton.
NMDC: Co aims to achieve production of 55 million tons (MT) by FY26 and expects to secure environmental clearance for 82 MT next year, up from the current 55 MT. 📈🌍
Adani Enterprises: Co. Group Stocks Fall Up to 2.5% Amid US Probe Allegations on Iranian LPG 🚢
ADANI ENTERPRISES: ADANI GROUP SPOKESPERSON SAYS NOT AWARE OF ANY INVESTIGATION BY U.S. AUTHORITIES ON TRADE INVOLVING IRANIAN-ORIGIN LPG -- ADANI GROUP SPOKESPERSON SAYS BY POLICY, ADANI GROUP DOES NOT HANDLE ANY CARGO FROM IRAN AT ANY OF OUR PORTS - RTRS
ADANI ENTERPRISES: ADANI GROUP SPOKESPERSON SAYS WALL STREET JOURNAL’S STORY ALLEGING LINKS BETWEEN ADANI ENTITIES AND IRANIAN LPG IS BASELESS -- ADANI GROUP SPOKESPERSON SAYS CATEGORICALLY DENIES ANY DELIBERATE ENGAGEMENT IN SANCTIONS EVASION OR TRADE INVOLVING IRANIAN-ORIGIN LPG - RTRS
ADANI ENTERPRISES: NOT AWARE OF ANY INVESTIGATION BY US AUTHORITIES ON SUBJECT OF SANCTIONS EVASION / TRADE IN IRANIAN LPG, ADANI RESPONSE TO WSJ STORY - CNBCTV18
ADANI ENTERPRISES: GAUTAM ADANI COMES UNDER NEW SCRUTINY FROM U.S. PROSECUTORS -- JUSTICE DEPARTMENT IS INVESTIGATING WHETHER ADANI’S COMPANIES VIOLATED U.S. SANCTIONS ON IRAN -- ADANI FACES SCRUTINY AS PROSECUTORS REVIEW LPG TANKER ACTIVITIES, WITH DISCREPANCIES FOUND IN SHIP LOCATIONS AND POTENTIAL AIS MANIPULATION - WSJ
JINDAL STAINLESS: CO BUYS 33.64% IN OYSTER RENEWABLES 282MW SPV -- CO TO INVEST UPTO INR1.32B IN OYSTER SPV
NMDC: CO TESTING OUT NEW PRICING FORMULA FOR ITS OUTPUT TO SHIELD PROFITS AGAINST GLOBAL VOLATILITIES, THE NEW FORMULA WILL NOT LINK PRICES TO ANY INTERNATIONAL INDEX OR EXCHANGE -ET
NMDC: COS MONTHLY PRODUCTION SEEN AT 4.43MT VS 2.34MT ( YOY) -- COS MONTHLY SALES SEEN AT 4.34MT VS 2.82MT ( YOY)
VEDANTA: CO TO RAISE UP TO 50B RUPEES VIA ISSUE OF NCDS ON PRIVATE PLACEMENT BASIS
ADANI ENTERPRISES: CO AND EMAAR PROPERTIES WILL HALT DISCUSSIONS REGARDING THE SALE OF EMAARS INDIAN REAL ESTATE UNIT, ENDING THEIR NEGOTIATIONS AFTER AN UNDISCLOSED PERIOD OF TALKS - BBG
VEDANTA: NCLAT GRANTS INTERIM STAY ON NCLT ORDER REJECTING VEDANTA SCHEME
NMDC: GUIDANCE - CO EXPECTS TO COMFORTABLY CROSS THE PSYCHOLOGICAL BARRIER OF 50 MILLION TONS THIS YEAR -- CO IS SETTING THE FOUNDATIONS FOR ITS ENTIRE GROWTH PLAN OF 100 MILLION TONS, WITH SANCTIONS ALREADY IN PROCESS AND EXECUTION EXPECTED TO KICK-START THIS YEAR. - CONCALL UPDATE
NMDC: GUIDANCE - CO IS TARGETING 55.4 MILLION TONS OF EC CAPACITY, WHICH IS THE MAXIMUM EC CAPACITY FOR PRODUCTION AND SALES -- CO EXPECTS TO SPEND AROUND INR4,000 CRORES IN CAPITAL EXPENDITURES THIS YEAR, WITH INR40,000 CRORES OF WORKS ALREADY SANCTIONED BY THE BOARD, INCLUDING INR8,600 CRORES UNDER EXECUTION AND INR20,000 CRORES IN THE PROCESS OF BEING PACKAGED AND TENDERED. - CONCALL UPDATE
SAIL: CO RECOMMEND DIVIDEND OF 1.6 RUPEES PER EQUITY SHARE
SAIL: Q4 EBITDA 34.83B RUPEES VS 34.83B (YOY) -- Q4 EBITDA MARGIN 11.88% VS 12.5% (YOY)
SAIL: Q4 CONS NET PROFIT 12.5B RUPEES VS 11.26B (YOY); 1.4B (QOQ) -- Q4 REVENUE 293.2B RUPEES VS 279.6B (YOY)
HINDUSTAN ZINC: CO HAS BEEN DECLARED AS PREFERRED BIDDER FOR THE JHANDAWALI – SATIPURA AMALGAMATED POTASH AND HALITE BLOCK OF RAJASTHAN
HINDUSTAN ZINC: CO HAS BEEN DECLARED AS PREFERRED BIDDER OF CRITICAL AND STRATEGIC MINERAL BLOCKS UNDER CRITICAL MINERAL AUCTIONS TRANCHE V CONDUCTED BY THE MINISTRY OF MINES, GOVT OF INDIA
NMDC: CO RECOMMENDED A DIVIDEND OF 1 RUPEE PER EQUITY SHARE
NMDC: Q4 EBITDA 20.5B RUPEES VS 21.02B (YOY); EST 24.5B -- Q4 EBITDA MARGIN 29.28% VS 32.39% (YOY)
NMDC: Q4 CONS NET PROFIT 14.8B RUPEES VS 14.16B (YOY); EST 19.8B - 18.96B (QOQ) -- Q4 REVENUE 70B RUPEES VS 64.89B (YOY); EST 68.5B
VEDANTA: BOARD MEETING ON MAY 30 TO CONSIDER ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS
TATA STEEL: CO SAYS FILES WRIT PETITION BEFORE DELHI COURT SEEKING COMPENSATION OF 7.57B RUPEES FOR CANCELLATION OF COAL BLOCK -- CO SAYS FILES PETITION IN CASE OF BHUSHAN STEEL FOR EXPENSES MADE TOWARDS DEVELOPMENT OF COAL BLOCK
TATA STEEL: CO SAYS FILES WRIT PETITION BEFORE DELHI COURT SEEKING COMPENSATION OF 7.57B RUPEES FOR CANCELLATION OF COAL BLOCK -- CO SAYS FILES PETITION IN CASE OF BHUSHAN STEEL FOR EXPENSES MADE TOWARDS DEVELOPMENT OF COAL BLOCK
JSW STEEL: CO CAN NOW PROCEED WITH ACQUIRING A MOZAMBIQUE COAL DEPOSIT AFTER THE SELLER, MINAS DE REVUBOE (MDR), REGAINED CONCESSION RIGHTS PREVIOUSLY REVOKED BY THE GOVERNMENT. -ET
JSW STEEL: CO EXPECTS INCREMENTAL PRODUCTION OF ABOUT 3.5 MILLION TONNES FROM THE JVML EXPANSION IN THE YEAR -- CO EXPECTS PRODUCTION IN THE RANGE OF 15 MILLION TONNES IN KARNATAKA IN THIS FINANCIAL YEAR, HIGHER THAN THE PREVIOUS YEARS PRODUCTION - CONCALL UPDATE
JSW STEEL: CO EXPECTS AN 8% TO 10% GROWTH IN DEMAND FOR FY26 -- CO EXPECTS CONSOLIDATED PRODUCTION TO BE AT ABOUT 30.5 MILLION TONNES AND SALES AT 29.2 MILLION TONNES FOR FY26, TRANSLATING TO A GROWTH OF 10% IN VOLUME DURING THE YEAR - CONCALL UPDATE
JSW STEEL: CO MOVES SUPREME COURT TO HALT BHUSHAN POWER AND STEEL LTD LIQUIDATION
JSW STEEL: CO APPROVES ISSUANCE OF NCDS WITH WARRANTS UP TO 70B RUPEES -- APPROVES ISSUANCE OF EQUITY SHARES AND/OR CONVERTIBLE SECURITIES UP TO 70B RUPEES -- CO SEEKS SHAREHOLDERS NOD FOR ISSUANCE OF NON-CONVERTIBLE DEBENTURES UPTO 50 BLN RUPEES
JSW STEEL: CO SAYS NO PROVISION IS REQUIRED TO BE MADE FOR BHUSHANS NET ASSETS -- IN PROCESS OF EVALUATING ALL OPTIONS TO FINALISE LEGAL REMEDIES
JSW STEEL: ON SUPREME COURT JUDGEMENT ON BPSL ,BELIEVE HAVE STRONG GROUNDS FOR AVAILING LEGAL REMEDIES
JSW STEEL: CO SEES FY26 TOTAL CRUDE STEEL PRODUCTION AT 30.50 MT -- CO SEES FY26 TOTAL SALEABLE STEEL SALES AT 29.20 MT
JSW STEEL: CO HAS RECOMMENDED A FINAL DIVIDEND OF 2.80 RUPEES PER EQUITY SHARE
JSW STEEL: Q4 EBITDA 63.78B RUPEES VS 61.24B (YOY); EST 65.5B -- Q4 EBITDA MARGIN 14.23% VS 13.24% (YOY); EST 14.56%
JSW STEEL: CO HAS AN EXCEPTIONAL ITEM OF 440M RUPEES -- Q4 PBT 17.74B RUPEES VS 20.12B (YOY)
JSW STEEL: Q4 REVENUE 448.2B RUPEES VS 462.69B (YOY); EST 449.8B
JSW STEEL: Q4 CONS NET PROFIT 15.03B RUPEES VS 13.22B (YOY); EST 14.7B - 7.17B (QOQ)
ADANI ENTERPRISES: CO CHAIRMAN SAYS THAT CO WILL INVEST RUPEES 500B IN ACROSS INDIAS NORTH EAST OVER THE NEXT 10 YEARS
NATIONAL ALUMINIUM: GUIDANCE COS CAPEX TARGET FOR Y26-27 IS AROUND RS 1700 CR -- CO IS TARGETING 4 MILLION TONNE PRODUCTION THIS YEAR, WHICH IS THE RATED CAPACITY. - CONCALL UPDATE
JSW STEEL: CO HAS ISSUED DEMAND NOTICES TO BANKS SEEKING REFUND OF ITS RUPEES 19300CR BHUSHAN POWER AND STEEL RESOLUTION PLANS -ET
TATA STEEL: CO INAUGURATES PHASE II EXPANSION OF KALINGANAGAR OPERATIONS -- CO SAYS ANNUAL CAPACITY OF THE STATE-OF-THE-ART FACILITY IN ODISHA JUMPS FROM 3 TO 8 MILLION TONNES WITH AN INVESTMENT OF RS 27,000 CRORE
NATIONAL ALUMINIUM CO: Q4 EBITDA 27.5B RUPEES VS 11.08B (YOY) -- Q4 EBITDA MARGIN 52.28% VS 30.96% (YOY)
NATIONAL ALUMINIUM CO: Q4 CONS NET PROFIT 20.7B RUPEES VS 9.97B (YOY); 15.7B (QOQ) -- Q4 REVENUE 52.7B RUPEES VS 35.79B (YOY)
HINDUSTAN ZINC: CO SAYS GOVT ISSUES LETTER OF INTENT TO CO FOR GRANT OF COMPOSITE LICENSE -- LOI FOR FOR E-AUCTION OF BALEPALYAM TUNGSTEN, ASSOCIATED MINERAL BLOCK
HINDALCO: CO REITERATED ITS TARGET OF REACHING 300 MEGAWATTS OF RENEWABLE CAPACITY IN THE FIRST HALF OF CALENDAR YEAR 25 -- CO PLANS TO PROVIDE GUIDANCE FOR THE NEXT YEARS CAPITAL SPENDING IN THE THIRD QUARTER OF THIS YEAR - CONCALL UPDATE
HINDALCO: CO MD SAYS NOVELIS IPO NOT ON RADAR -CONCALL UPDATE
HINDALCO: CO APPROVED ACQUISITION OF 100% EQUITY STAKE IN EMMRL, THE LEASE HOLDER OF THE BANDHA COAL BLOCK, BY EXECUTING A SHARE PURCHASE AGREEMENT
HINDALCO: CO BOARD APPROVES ACQUISITION OF 100% EQUITY STAKE IN EMIL MINES AND MINERAL RESOURCES LIMITED (EMMRL)
HINDALCO: Q4 EBITDA 88.36B RUPEES VS 66.82B (YOY); EST 78.35B -- Q4 EBITDA MARGIN 13.62% VS 11.93% (YOY); EST 13%
HINDALCO: Q4 REVENUE 649B RUPEES VS 559.9B (YOY); EST 589.6B
HINDALCO: CO DECLARES DIVIDEND OF RUPEES 5 PER SHARE
HINDALCO: Q4 CONS NET PROFIT 52.8B RUPEES VS 31.74B (YOY); EST 42.94B
NMDC: CO TO CONSIDER Q4 RESULT ON MAY 27
VEDANTA: CO RECEIVES PENALTY ORDER OF 1.46 BLN RUPEES FOR SAED
JSW STEEL: BOARD MEETING ON MAY 23 TO CONSIDER RAISING LONG-TERM FUNDS -- BOARD TO CONSIDER ISSUANCE OF REDEEMABLE NON-CONVERTIBLE DEBENTURES -- CO TO CONSIDER RAISING OF LONG-TERM FUNDS INCLUDING QUALIFIED INSTITUTIONS PLACEMENT
ADANI ENTERPRISES: ADANI AIRPORT HOLDINGS - OUR ASSOCIATION WITH DRAGONPASS HAS BEEN TERMINATED WITH IMMEDIATE EFFECT -- ADANI AIRPORT HOLDINGS-DRAGONPASS CUSTOMERS TO NO LONGER HAVE ACCESS TO LOUNGES AT ADANI-MANAGED AIRPORTS - RTRS
TATA STEEL: CO SAYS INVESTMENT IN T STEEL HOLDINGS PTE -- CO TO INFUSE FUNDS UP TO USD 2.5B BY WAY OF SUBSCRIPTION TO SHARES OF T STEEL HOLDINGS -- TSHP TO USE FUNDS FOR PURPOSES INCLUDING DEBT REPAYMENT, RESTRUCTURING COSTS
TATA STEEL: CO RECOMMENDS DIVIDEND OF 3.6 RUPEES PER SHARE
TATA STEEL: Q4 EBITDA 65.6B RUPEES VS 66.38B (YOY); EST 64.37B -- Q4 EBITDA MARGIN 11.67% VS 11.31% (YOY); EST 11.4%
TATA STEEL: Q4 CONS NET PROFIT 13B RUPEES VS 6.11B (YOY); EST 10.8B - 3.3B (QOQ) -- Q4 REVENUE 562.2B RUPEES VS 586.9B (YOY); EST 564.12B
ADANI ENTERPRISES: ADANI GROUP - BHUTAN SIGNS MOU WITH ADANI FOR 5,000 MW HYDROPOWER DEVELOPMENT - RTRS
JINDAL STAINLESS: CO EXEC SAYS TRADE BODY WILL BE FILING A PETITION IN NEXT FEW WEEKS ON ANTI-DUMPING OF STAINLESS STEEL -- CO EXEC - CHINA, VIETNAM ARE DUMPING STAINLESS STEEL AT THROWAWAY PRICES
JINDAL STAINLESS: CO EXEC SAYS VERY BULLISH ON DOMESTIC GROWTH IN STAINLESS STEEL -- CO EXEC SAYS EXPECT EXPORTS VOLUMES TO GROW BY 30% Y/Y IN FY26
JINDAL STAINLESS: CO EXEC SAYS 9-10% VOLUME GROWTH EXPECTED IN FY26 -- CO EXEC SAYS U.S. TARIFFS GIVE US A MORE LEVEL PLAYING FIELD IN THE EXPORT MARKET -- CO EXEC SAYS EUROPE SHOWING SIGNS OF RECOVERY COMPARED TO LAST YEAR
JINDAL STAINLESS: CO SAYS FINAL DIVIDEND OF 2 RUPEES PER EQUITY SHARE
JINDAL STAINLESS: Q4 EBITDA 10.61B RUPEES VS 10.35B (YOY) -- Q4 EBITDA MARGIN 10.4% VS 10.95% (YOY)
JINDAL STAINLESS: Q4 REVENUE 101.98B RUPEES VS 94.54B (YOY)
JINDAL STAINLESS: Q4 CONS NET PROFIT 5.91B RUPEES VS 5B (YOY); 6.55B (QOQ)
APL APOLLO TUBES: CO ALSO PLANS TO INCREASE CAPACITY BY 100,000 TONNES IN THE HEAVY SEGMENT -- CO IS ENTERING INTO SUPER SPECIALTY TUBES WITH A SMALL INVESTMENT OF RS 300-400 CR, TESTING THE MARKET WITH A 250,000 TONNE CAPACITY IN FOUR DIFFERENT CATEGORIES - CONCALL UPDATE
APL APOLLO TUBES: CO IS EXPANDING ITS CAPACITIES TO 7 MILLION TONNES IN THE NEXT THREE YEARS FROM THE CURRENT 5 MILLION TONNES, WITH CAPEX OF AROUND RS 15B TO BE SPREAD ACROSS THE NEXT FEW YEARS, WHICH WILL BE FUNDED FROM INTERNAL CASH FLOWS - CONCALL UPDATE
APL APOLLO TUBES: EBITDA MARGIN WILL CONTINUE TO IMPROVE WITHOUT STRESS ON THE VOLUME, DRIVEN BY NEW GEOGRAPHIES, NEW PRODUCTS, BETTER SALES MIX, AND NEW PLANTS - CONCALL UPDATE
APL APOLLO TUBES: CO IS "HIGHLY CONFIDENT" THAT IT CAN DELIVER 20% YEAR-OVER-YEAR VOLUME GROWTH OVER THE NEXT THREE TO FOUR YEARS -- GUIDANCE FOR FY26 IS NEAR RUPEES 5,000 A TONNE - CONCALL UPDATE
APL APOLLO TUBES: FY25 SALES VOLUME AT 3.16 MILLION TONS VS GUIDANCE 3.2 MILLION TONS OF FOR FY 25
APL APOLLO TUBES: CO APPROVED CAPEX PLAN OF RUPEES 1500CR OVER THE NEXT THREE YEARS -- OVERALL CAPACITY TO INCREASE FROM 4.5 MT TO 6.8 MT
APL APOLLO TUBES: CO DECLARES A DIVIDEND OF RUPEES 5.75 PER SHARE
APL APOLLO TUBES: Q4 REVENUE 55.09B RUPEES VS 47.65B (YOY)
APL APOLLO TUBES: Q4 EBITDA 4.14B RUPEES VS 2.8B (YOY) -- Q4 EBITDA MARGIN 7.5% VS 5.88% (YOY)
APL APOLLO TUBES: Q4 CONS NET PROFIT 2.93B RUPEES VS 1.70B (YOY)
TATA STEEL: CO TO CONSIDER Q4 RESULT ON MAY 12
JSW STEEL: SUPREME COURT REJECTS JSW STEELS BHUSHAN POWER AND STEEL RESOLUTION PLAN - BUSINESS STANDARD
TATA STEEL: LIC OF INDIA RAISES STAKE IN COMPANY TO 7.85% FROM 5.84%
TATA STEEL: ODISHA GOVT - TATA STEEL TO ENHANCE CRUDE STEEL CAPACITY FROM PROPOSED 6.5 MTPA TO 7.1 MTPA WITH ADDITIONAL INVESTMENT OF 7 BLN, CREATING 375 JOBS
JSW STEEL: CO FILES APPEAL OVER 7.02B RUPEES CLAIM -- CO SAYS REVISIONARY AUTHORITY SETS ASIDE DEMAND NOTICES IN JSW STEEL CASE -- CO SAYS MATTER REMANDED BACK TO STATE GOVERNMENT OF ODISHA
NMDC: CO REPORTED PRODUCTION FOR MONTH OF APRIL 25 AT 4MT VS 3.48 (YOY) -- SALES AT 3.63 MT VS 3.53MT (YOY)
JSW STEEL: CO UPDATES ON SUPREME COURT RULING ON RESOLUTION PLAN FOR BHUSHAN POWER -- SUPREME COURT REJECTS COS RESOLUTION PLAN
JSW STEEL: SUPREME COURT REJECTS JSW STEELS RESOLUTION PLAN FOR BHUSHAN POWER AND STEEL LTD -- SC SAYS RESOLUTION PLAN OF JSW WAS ILLEGAL AND SHOULD NOT HAVE BEEN ACCEPTED BY COC
JINDAL STEEL: CO EXEC SAYS PROJECTS STARTED TWO YEARS AGO WILL START DELIVERING BENEFITS FROM FY 26 ONWARDS, WHILE RECENTLY ANNOUNCED PROJECTS WILL START DELIVERING FROM FY 27 AND 28 - CONCALL UPDATE
JINDAL STEEL: CO IS STRIVING TO DELIVER MORE THAN WHAT IS PROMISED IN THE GUIDANCE, WITH A FOCUS ON FINDING THE RIGHT MIX OF PRODUCT PORTFOLIO TO MAXIMIZE PERFORMANCE - CONCALL UPDATE
JINDAL STEEL: CO EXEC SAYS SALES VOLUMES ARE EXPECTED TO BE IN THE RANGE OF 8.5 MILLION TONNE TO 9 MILLION TONNE FOR FINANCIAL YEAR 26 - CONCALL UPDATE
JINDAL STEEL: CO IS RESTARTING ITS ANNUAL PRODUCTION AND SALES VOLUME GUIDANCE FOR FINANCIAL YEAR 26, WITH CRUDE STEEL PRODUCTION EXPECTED TO BE IN THE RANGE OF 9 MILLION TONNE TO 10 MILLION TONNE - CONCALL UPDATE
NMDC: CO HIKES LUMP ORE & FINES PRICES BY ₹440/TONNE EFFECTIVE TODAY -- CO HIKES LUMP ORE PRICE BY ₹440 TO ₹6,440/TONNE; HIKES FINES PRICE BY ₹440 TO ₹5,500/TONNE
ADANI ENTERPRISES: CO GETS QUALIFIED OPINION FROM INDEPENDENT AUDITOR -- CO SAYS QUALIFIED OPINION DUE TO ABSENCE OF SUFFICIENT APPROPRIATE AUDIT EVIDENCE OVER COPORATE AFFAIRS MINISTRY INVESTIGATION ON UNIT
ADANI ENTERPRISES: Q4 EBITDA 37.1B RUPEES VS 31.95B (YOY) -- Q4 EBITDA MARGIN 13.76% VS 10.95% (YOY)
ADANI ENTERPRISES: Q4 PBT 13.13B RUPEES VS 13.22B (YOY)
ADANI ENTERPRISES: CO DECLARED DIVIDEND OF 1.30 RUPEES PER SHARE
ADANI ENTERPRISES: CO BOARD HAS APPROVED RAISING OF FUNDS OF 150B RUPEES VIA SHARES
ADANI ENTERPRISES: CO HAS EXCEPTIONAL GAIN OF 39.45B RUPEES
ADANI ENTERPRISES: Q4 REVENUE 269B RUPEES VS 292B (YOY)
ADANI ENTERPRISES: Q4 CONS NET PROFIT 38.44B RUPEES VS 4.5B (YOY)
ADANI ENTERPRISES: Q4 CONS NET PROFIT 38.44B RUPEES VS 4.5B (YOY)
VEDANTA: CO CFO AJAY GOEL SAYS CO EXPECTS DEMERGER TO COMPLETE BY SEPT-END - ET
JINDAL STEEL & POWER: CO HAS RECOMMENDED A DIVIDEND OF 2 RUPEES PER EQUITY SHARE
JINDAL STEEL & POWER: CO HAS AN EXCEPTIONAL ITEM OF LOSS 12.29B RUPEES -- Q4 PBT 13.1B RUPEES VS 11.63B (YOY)
JINDAL STEEL & POWER: Q4 EBITDA 22.71B RUPEES VS 24.44B (YOY); EST 23B -- Q4 EBITDA MARGIN 17.22% VS 18.12% (YOY); EST 19%
JINDAL STEEL & POWER: Q4 REVENUE 131.8B RUPEES VS 134.9B (YOY); EST 121B
JINDAL STEEL & POWER: Q4 CONS NET LOSS 3.39B RUPEES VS PROFIT 9.35B (YOY); EST 9.4B - PROFIT 9.5B (QOQ)
ADANI ENTERPRISES: ADANI GROUP PAUSES TALKS WITH ISRAELS TOWER FOR A $10 BLN CHIP PLANT IN MAHARASHTRA -- ADANI-TOWER TALKS ON HOLD AS INDIAN COMPANY ASSESSED DEMAND FOR CHIPS NOT THAT BIG IN INDIA, DID NOT WANT EXPORT-FOCUSSED CHIPMAKING, SOURCE SAYS - RTRS
VEDANTA: CO DEMERGER TO BE COMPLETED BY SEPTEMBER 2025
VEDANTA: CO SAYS THAT IT HAS RECORDED ITS SECOND BEST FULL YEAR EBITDA
VEDANTA: Q4 REVENUE 398B RUPEES VS 349B (YOY)
VEDANTA: Q4 EBITDA 115B RUPEES VS 87.68B (YOY) -- Q4 EBITDA MARGIN 28.8% VS 24.69% (YOY)
VEDANTA: Q4 CONS NET PROFIT 34.8B RUPEES VS 13.7B (YOY)
ADANI ENTERPRISES: CO TO CONSIDER Q4 RESULT & DIVIDEND ON MAY 1
JSW STEEL: CO UNIT JSWSCPL DECLARED SUCCESSFUL RESOLUTION APPLICANT FOR COLOUR ROOF INDIA
HINDUSTAN ZINC: Q4 EBITDA 48.20B RUPEES VS 36.54B (YOY) -- Q4 EBITDA MARGIN 53.04% VS 48.4% (YOY)
HINDUSTAN ZINC: Q4 SL NET PROFIT 29.8B RUPEES VS 20.4B (YOY)
HINDALCO: THE FACILITY MARKS CO’S FORAY INTO THE EV COMPONENT SECTOR -- CO PLANS TO DOUBLE PRODUCTION CAPACITY TO 160,000 ENCLOSURES PER YEAR
HINDALCO: CO DELIVERS 10,000 ALUMINIUM BATTERY ENCLOSURES TO MAHINDRA FROM ITS NEW STATE-OF-THE-ART FACILITY IN CHAKAN
NMDC: CO CHAIRMAN SAYS ACTIVELY LOOKING AT AFRICA FOR LITHIUM, IRON ORE, COPPER, COBALT -- CO SAYS LOOKING AT COKING COAL ASSETS IN INDONESIA, AUSTRALIA
JSPL: CO TO CONSIDER Q4 RESULT ON APRIL 30
JSW STEEL: CO CEO SAYS IMPORTS SHOULD SLOW DOWN TO SOME EXTENT AFTER IMPOSITION OF TEMPORARY TARIFF
JSW STEEL: CO CEO SAYS INDIA HAS SEEN IMPORT SURGE WHICH HAS IMPACTED MARGINS OF STEEL INDUSTRY -- WILL LOOK AT BUYING NEW COKING COAL ASSETS IF IT MAKES STRATEGIC, COMMERCIAL SENSE
JSW STEEL: CO CEO SAYS SAFEGUARD DUTY OR TEMPORARY TARIFFS A POSITIVE STEP FOR LOCAL STEEL INDUSTRY -- INDIA SUSCEPTIBLE TO LOW PRICED IMPORTS
JSW STEEL: CO CEO SAYS EUROPES IMPORT CURBS SLIGHTLY RESTRICTS OUR SPACE THERE
JSW STEEL: INDIAN GOVT SOURCES- EXPECTING STEEL IMPORTS TO SLOW FROM CHINA, SOUTH KOREA AND JAPAN AFTER IMPOSITION OF TEMPORARY TARIFF
TATA STEEL: INDIAN GOVT SOURCES- EXPECTING STEEL IMPORTS TO SLOW FROM CHINA, SOUTH KOREA AND JAPAN AFTER IMPOSITION OF TEMPORARY TARIFF
VEDANTA: VEDANTA RESOURCES CONSIDERS US IPO FOR ZAMBIAN COPPER ASSETS -SOURCES-- VEDANTA RESOURCES HAS HIRED BANKS TO ADVISE ON PLANS TO LIST KONKOLA COPPER MINES - SOURCES - RTRS
TIPS MUSIC: Q4 SL NET PROFIT 306M RUPEES VS 258M (YOY)
JINDAL STAINLESS: CO AND AB ENERGIA SET NEW BENCHMARK WITH ODISHAS LARGEST CAPTIVE INDUSTRIAL SOLAR PLANT --THE SOLAR PLANT IS CAPABLE OF GENERATING APPROXIMATELY 44.3 MILLION UNITS OF GREEN ENERGY ANNUALLY
JINDAL STAINLESS: CO AND AB ENERGIA SET NEW BENCHMARK WITH ODISHAS LARGEST CAPTIVE INDUSTRIAL SOLAR PLANT --THE SOLAR PLANT IS CAPABLE OF GENERATING APPROXIMATELY 44.3 MILLION UNITS OF GREEN ENERGY ANNUALLY
TATA STEEL: CO CEO SAYS IMPORT DUTY KEY TO FAIR PLAY IN STEEL SECTOR -- CO CEO SAYS SAFEGUARD DUTY RESTORES FAIR COMPETITION
TATA STEEL: CO CEO BACKS GOVTS STEEL IMPORT SAFEGUARD DUTY -- SAYS THIS DECISION HELPS RESTORE FAIR COMPETITION
VEDANTA: CO SAYS VEDANTA ITSELF IS NOT A PARTY TO THIS AGREEMENT -- CO SAYS THE FACILITY WAS ARRANGED TO SUPPORT DEBT SERVICING AND GENERAL CORPORATE PURPOSES OF THE PROMOTER GROUP, SPECIFICALLY TWIN STAR HOLDINGS, WHICH HOLDS A SIGNIFICANT EQUITY STAKE (40.02%) IN VEDANTA
VEDANTA: CO SAYS THAT IT RECEIVED A DISCLOSURE FROM ITS PROMOTER GROUP ENTITIES—VEDANTA RESOURCES, TWIN STAR HOLDINGS, AND WELTER TRADING -- CO SAYS THESE ENTITIES ARE PARTY TO A USD 530M FACILITY AGREEMENT SIGNED ON APRIL 17, 2025, WITH GLOBAL FINANCIAL INSTITUTIONS INCLUDING BARCLAYS BANK, DEUTSCHE BANK, AND STANDARD CHARTERED, AMONG OTHERS
ADANI ENTERPRISES: ADANI TO GROW DATA CENTER INVESTMENT BY $10 BILLION ON AI DEMAND - BBG
TATA STEEL: TATA STEEL NEDERLAND - INCLUDES ALIGNED DEVELOPMENT OF DEDICATED INFRASTRUCTURE THROUGHOUT THE CORRIDOR
TATA STEEL: TATA STEEL NEDERLAND- AGREEMENT INCLUDES DEVELOPMENT OF A CENTRALIZED LIQUEFACTION, STORAGE, AND EXPORT FACILITY AT THE PORT OF DUQM -- TATA STEEL NETHERLAND - DISCUSSIONS TO BE HELD ON PRICING, DELIVERY OF LIQUID HYDROGEN TO AMSTERDAM AREA, NETHERLANDS, GERMANY, WITH ENBW AS AGGREGATOR
TATA STEEL: TATA STEEL NEDERLAND, PORT OF AMSTERDAM, ECOLOG ARE AMONG INDUSTRIAL ORGANISATIONS INVOLVED -- TATA STEEL NEDERLAND - AGREEMENT COMPRISES SEVERAL KEY COMPONENTS VITAL TO THE CORRIDOR’S DEVELOPMENT
TATA STEEL: TATA STEEL NEDERLAND - HISTORIC AGREEMENT SIGNED FOR WORLD’S FIRST LIQUID HYDROGEN IMPORT CORRIDOR BETWEEN OMAN, THE NETHERLANDS, AND GERMANY -- AGREEMENT ENABLES THE COMMERCIAL-SCALE IMPORT OF RENEWABLE FUEL OF NON-BIOLOGICAL ORIGIN (RFNBO) COMPLIANT LIQUID HYDROGEN TO EUROPE
JSW STEEL: JSW GROUP TO INVEST RS 50,000 CRORE IN GREEN STEEL FOR EUROPEAN MARKETS - MONEYCONTROL
VEDANTA: CAIRN OIL & GAS, VEDANTA ACQUIRES 7 NEW BLOCKS IN OALP ROUND-IX; GEARS UP FOR RAPID EXPANSION IN THE WEST COAST OF INDIA
VEDANTA: CO SAYS EXPLORATION BLOCKS IN ASSAM UNDER EXPLORATION STAGE
VEDANTA: CO SAYS REQUESTED TO DEPOSIT 711.7M RUPEES ENVIRONMENTAL COMPENSATION
ADANI ENTERPRISES: COS HEAD OF METALS SAYS ADANI WILL OPEN COPPER SMELTER COMPLEX IN INDIA IN NEXT FOUR WEEKS - RTRS
VEDANTA: CO SAYS UNIT TSPL AND SEPCO ENTERED AGREEMENTS FOR 3X660 MW THERMAL POWER PROJECT; DISPUTES AROSE IN 2015, SETTLEMENT REACHED IN 2016 -- CO SAYS SUPREME COURT OBSERVED IT HAS JURISDICTION TO APPOINT THIRD ARBITRATOR
JINDAL STAINLESS: CO UNIT JSL SUPER STEEL AND SUNSURE ENERGY SIGN 11 MWP PPA -- AGREEMENT WILL HELP DISPLACE 40% OF THE CONVENTIONAL ENERGY CONSUMED BY JSL SUPER STEEL’S GHAZIABAD FACILITY
TATA STEEL: TATA STEEL NETHERLANDS - IN THE COMING WEEKS, INTENSIVE CONSULTATIONS WILL TAKE PLACE WITH UNIONS AND OTHER KEY STAKEHOLDERS -- TATA STEEL LTD NETHERLANDS - CERTAIN CHANGES ARE ALSO BEING MADE IN THE LOCAL MANAGEMENT BOARD OF TSN
TATA STEEL: TATA STEEL NEDERLAND ANNOUNCES MAJOR TRANSFORMATION PROGRAMME -- TATA STEEL NEDERLAND FILES REQUEST FOR ADVICE TO CENTRAL WORKS COUNCIL -- TSN REORGANISATION EXPECTED TO LEAD TO LOSS OF ABOUT 1600 ROLES
Tata Steel Ltd.: Rs. 26.73 Crores NSE Block Trade; for ~ 2,096,148 Shares, at Rs. 127.52
NMDC: CO ISSUES CLARIFICATION ON NEWS ITEM CAPTIONED ‘NMDC FACES GOVERNANCE SCRUTINY OVER LOSS-MAKING AUSTRALIAN SUBSIDIARY AMID FRESH INVESTMENT CONCRNS” -- CO SAYS ANONYMOUS COMPLAINT REPORTED IN NEWS ARTICLE ABSOLUTELY FALSE AND BASELESS
TATA STEEL: INDIA FY2025 CRUDE STEEL PRODUCTION UP 5% YOY TO 21.8 MLN TONS -- DOMESTIC DELIVERIES UP 4.4% YOY TO 19.7 MLN TONS
JSW STEEL: CO REPORTED HIGHEST EVER CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE FOURTH QUARTER OF FY 2024-25 AT 7.63 MILLION TONNES. THE CRUDE STEEL PRODUCTION WAS HIGHER BY 12% YOY
JINDAL STEEL AND POWER: CO ACQUIRES ALLIED STRIPS FOR RS 217.53 CRORE - ET
TATA STEEL: CO GOT INCOME TAX ORDER INCREASING FY19 TAXABLE AMOUNT -- CO SAYS MANAGEMENT STUDYING IMPACT OF INCOME TAX ORDER -- CO SAYS TAX ORDER RELATED TO BHUSHAN STEEL RESOLUTION
Steel Authority of India Ltd.: Rs. 27.60 Crores NSE Block Trade; for ~ 2,444,980 Shares, at Rs. 112.87
VEDANTA: CO SAYS 4Q TOTAL POWER SALES JUMP 18% QOQ -- QUARTERLY ZINC INTERNATIONAL PRODUCTION RISES 52% YOY
VEDANTA: CO SAYS 4Q IRON ORE SALEABLE PRODUCTION JUMPS 22% YOY -- ANNUAL ALUMINIUM PRODUCTION AT 2,421 KT, UP 2% YOY
HINDUSTAN ZINC: CO SAYS RECORD MINED METAL PRODUCTION AT 1095 KT FOR FY25 -- REFINED METAL PRODUCTION AT 1052 KT FOR FY25 -- QUARTERLY MINED METAL PRODUCTION OF 310 KT FOR Q4FY25
SAIL: CO CHAIRMAN SAYS WE FEEL SAFEGUARD DUTY HAS TO COME
SAIL: CO CHAIRMAN SAYS TARIFFS MIGHT CAUSE STEEL FLOWS TO COME TO INDIA BUT GOVT SEIZED OF THE MATTER
SAIL: CO CHAIRMAN SAYS INDIA STEEL CONSUMPTION GROWTH SEEN AROUND 9-10% IN 2024/25
TATA STEEL: CO ACQUIRES 1.24 LAKH SHARES OF INDIAN FOUNDATION FOR QUALITY MANAGEMENT (IFQM) FOR ₹12.49 CRORE -- CO SAYS POST THE ACQUISITION, THE CO’S SHAREHOLDING IN IFQM HAS INCREASED FROM 9.09% TO 16.66%
NMDC: CO SAYS MARCH PROVISIONAL PRODUCTION AT 3.55 MT -- MARCH PROVISIONAL SALES AT 4.21 MT
NMDC: JAN-MAR IRON ORE OUTPUT 13.27MT VS 13.24MT (YOY) -- JAN-MAR IRON ORE SALES 12.58MT VS 12.50MT (YOY) - NDTV
APL APOLLO TUBES: CO REGISTERED THE HIGHEST EVER SALES VOLUME OF 850,447 TON IN Q4FY25
HINDALCO INDUSTRIES: FINAL FINDINGS OF MID TERM REVIEW OF ANTI-DUMPING DUTY IMPOSED ON THE IMPORTS OF "ALUMINIUM FOIL BELOW 80 MICRONS" ORIGINATING IN OR EXPORTED FROM THAILAND - NOTIFICATION
VEDANTA: CO EXTENDS TIMELINE FOR SCHEME OF ARRANGEMENT CONDITIONS -- TIMELINE EXTENDED TO SEPTEMBER 30, 2025 -- SCHEME OF ARRANGEMENT BETWEEN CO, TALWANDI SABO POWER, MALCO ENERGY AND OTHERS
JINDAL STAINLESS: CO LOOKING AT INVESTING RS 40,000 CR TO SET UP PLANT IN MAHARASHTRA -MONEYCONTROL
JSW STEEL: CO SAYS PSL ACCEPTS 222.6M SHARES FROM JSW STEEL, PAYS 15.09B RUPEES
JINDAL STEEL & POWER: CO DECLARED SUCCESSFUL BIDDER FOR SARADHAPUR JALATAP EAST COAL BLOCK -- CO HAS BEEN DECLARED THE HIGHEST BIDDER WITH A REVENUE SHARING OF 10%
JSW STEELS: CO TO CONSIDER Q4 RESULTS ON MAY 23
VEDANTA: CO APPOINTS RAJIV KUMAR AS CEO OF ALUMINIUM BUSINESS -- CO SAYS RAJIV KUMAR APPOINTED FOR A TERM OF THREE YEARS
JINDAL STAINLESS: CO AND M1XCHANGE PARTNER TO STRENGTHEN SUPPLY CHAIN ECOSYSTEM
JINDAL STAINLESS: CO APPROVES ACQUISITION OF 5.03% STAKE IN MYND SOLUTIONS -- COST OF ACQUISITION FOR 5.03% STAKE IS 1.03B RUPEES
JSW STEEL: CO UNIT PIOMBINO STEEL APPROVES BUY-BACK OF 222.6 MILLION SHARES AT 75.30 RUPEES EACH
ADANI ENTERPRISES: CO SAYS INCORPORATION OF ADANI NEW INDUSTRIES ONE -- CO UNIT TO CARRY TRADING OF COMPONENTS LINKED TO SOLAR AND WIND MANUFACTURING
ADANI ENTERPRISES: CO HAS INCORPORATED A WHOLLY OWNED SUBSIDIARY (WOS) NAMELY “COCOCART INTERNATIONAL-FZCO” IN DUBAI
TATA STEEL: CO SAYS NINE INDIVIDUALS INJURED DUE TO ACCIDENT AT KALINANAGAR STEEL PLANT, FLAGS NO IMPACT TO PRODUCTION
TATA STEEL: CO SAYS AN INCIDENT HAS BEEN REPORTED AT STEEL MELTING SHOP OF TATA STEEL KALINGANAGAR, WHERE FEW EMPLOYEES MET WITH INJURIES -- CO SAYS NO SERIOUS INJURIES IN TATA STEEL KALINGANAGAR INCIDENT, WE ARE INVESTIGATING THE MATTER, TAKING NECESSARY STEPS TO ADDRESS THE SITUATION
NMDC: CO SAYS FEDERATION OF UNIONS ASKED THEIR MEMBERS TO RESUME DUTIES FULLY -- CO SAYS EMPLOYEES HAVE RESUMED DUTIES, NORMAL OPERATIONS HAVE RESUMED AT ALL PROJECTS
NALCO: STOCK ADDITION IN THE FTSE ALL WORLD INDEX INFLOW OF ($14.0 MILLION) 1.2B RUPEES
TATA STEEL LTD.: RS. 52.24 CRORES NSE BLOCK TRADE; FOR ~ 3,312,858 SHARES, AT RS. 157.70
HINDALCO: CO EXEC SAYS LARGE PART OF COS EBITDA, ABOVE 60%COMES FROM NON- COMMODITY PRICES- LINKED REVENUE - CNBC TV18
HINDALCO: ALUMINIUM PRICES HAVE BEEN QUITE HIGH IN THE LAST COUPLE OF MONTHS - CNBC TV18
JINDAL STAINLESS: ANURAG MANTRI RESIGNS AS EXECUTIVE DIRECTOR & GROUP CFO
ADANI ENTERPRISES LTD.: RS. 70.07 CRORES NSE BLOCK TRADE; FOR ~ 300,201 SHARES, AT RS. 2333.95
JSW STEEL: INDIAS JSW GROUP TO SET UP 0.5 MLN T CAPACITY COPPER SMELTER IN ODISHA - RTRS
ADANI ENTERPRISES: SIRIUS DIGITECH HAS FURTHER ACQUIRED REMAINING 22.5% STAKE IN PARSERLABS INDIA
VEDANTA: CO CHAIR PERSON SAYS IF WE GET OUR PRICE WE MIGHT EXIT STEEL - CNBC TV18
HINDUSTAN ZINC: CO APPROVES ALLOTMENT OF RUPEES 500 CR NON-CONVERTIBLE DEBENTURES
ADANI ENTERPRISES: CO UNIT COMPLETES INCORPORATION OF JV PRANEETHA ECOCABLES WITH PRANEETHA VENTURES -- CO UNIT KUTCH COPPER TO HOLD 50% STAKE OF PRANEETHA ECOCABLES
ADANI ENTERPRISES: ADANI GROUP AND PGTI TO LAUNCH INVITATIONAL GOLF CHAMPIONSHIP - RTRS
TATA STEEL LTD.: RS. 158.69 CRORES NSE BLOCK TRADE; FOR ~ 10,048,147 SHARES, AT RS. 157.93
TATA STEEL: INDIA IMPOSED 12% PROVISIONAL SAFEGUARD DUTY ON MAIN STEEL FLAT PRODUCTS
JINDAL STEEL & POWER: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV
SAIL: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV
JSW STEEL: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV
ADANI ENTERPRISES: ADANI AIRPORTS PROPOSES HIKE IN USER DEVELOPEMENT FEE (UDF) AT MUMBAI INTL AIRPORT - CNBC TV18 (SPELL CHECK)
ADANI ENTERPRISES: ADANI AIRPORTS PROPOSES HIKE IN USER DEVELOPEMENT FEE (UDF) AT MUMBAI INTL AIRPOET - CNBC TV18
Tata Steel Ltd.: Rs. 15.61 Crores NSE Block Trade; for ~ 1,019,737 Shares, at Rs. 153.05
TATA STEEL: FITCH RATINGS- RATING HEADROOM REDUCED AS SUPPLY OF CHEAP STEEL IMPORTS FROM CHINA TO PRESSURE INDIA STEEL PRICES IN FY26
JSW STEEL: FITCH RATINGS- RATING HEADROOM REDUCED AS SUPPLY OF CHEAP STEEL IMPORTS FROM CHINA TO PRESSURE INDIA STEEL PRICES IN FY26
TATA STEEL: FITCH RATINGS-RATING HEADROOM REDUCED FOR CO
JSW STEEL: FITCH RATINGS-RATING HEADROOM REDUCED FOR CO
INDIA 10 YEAR BENCHMARK GOVT BOND YIELD AT 6.69% VS 6.68% PREVIOUS CLOSE
NMDC: BOARD APPROVED INTERIM DIVIDEND OF 2.30 RUPEES PER EQUITY SHARE
ADANI ENTERPRISES: BOMBAY HIGH COURT DISCHARGES GAUTAM ADANI AND RAJESH ADANI
SAIL: CO TO SCALE UP ROURKELA STEEL PLANT CAPACITY TO 9 MT BY 2030 AT RUPEES 30,000 CR INVESTMENT - ET
SAIL: JHARKHAND GOVT INCREASES IRON ORE CES BY RUPEES 300/TN - NDTV PROFIT
NMDC: JHARKHAND GOVT INCREASES IRON ORE CESS BY RUPEES 300/TN - NDTV PROFIT
APL Apollo Tubes Ltd.: Rs. 32.26 Crores NSE Block Trade; for ~ 231,271 Shares, at Rs. 1394.95
TATA STEEL: EU HAS REDUCED THE QUOTA FOR INDIAN STEEL BY 25%
ADANI ENTERPRISES: ADANI GROUP WINS RS 36,000 CR MUMBAIS MOTILAL NAGAR REDEVELOPMENT PROJECT - BUSINESS STANDARD
NMDC: INDIA STEEL MINISTRY SAYS THERE IS NO DECISION ON KIOCL AND CO MERGER - ET
HINDUSTAN ZINC: SERENTICA RENEWABLES AND CO STRENGTHEN PARTNERSHIP, AUGMENT RE POWER TO 530 MW
HINDUSTAN ZINC: CO BOARD APPROVES FUND RAISE OF UPTO 5B RUPEES VIA BONDS
TATA STEEL LTD.: RS. 61.24 CRORES NSE BLOCK TRADE; FOR ~ 4,027,578 SHARES, AT RS. 152.06
JSW STEEL: CO REPORTED CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE MONTH OF FEB’25 AT 24.07 LAKH TONNES; CONSOLIDATED PRODUCTION WAS HIGHER BY 12% (YOY) -- CAPACITY UTILISATION FOR FEB’25 AT INDIAN OPERATIONS 93.5%
NMDC: BOARD MEETING ON MARCH 17 TO CONSIDER, INTER ALIA, DECLARATION OF INTERIM DIVIDEND FOR FINANCIAL YEAR 2024-25
ADANI ENTERPRISES: APEX COURT AGREES TO HEAR ADANI MUMBAI SLUM PROJECT CASE -- APEX COURT TO HEAR PLEA AGAINST MUMBAI PROJECT AWARD TO ADANI
Tata Steel Ltd.: Rs. 22.90 Crores NSE Block Trade; for ~ 1,506,445 Shares, at Rs. 152.00
TATA STEEL LTD.: RS. 76.09 CRORES NSE BLOCK TRADE; FOR ~ 5,006,119 SHARES, AT RS. 152.00
TATA STEEL LTD.: RS. 152.34 CRORES NSE BLOCK TRADE; FOR ~ 10,022,759 SHARES, AT RS. 151.99
TATA STEEL LTD.: RS. 76.63 CRORES NSE BLOCK TRADE; FOR ~ 5,046,740 SHARES, AT RS. 151.84
NMDC: CO SAYS AMITAVA MUKHERJEE APPOINTED AS CHAIRMAN & MANAGING DIRECTOR
JINDAL STAINLESS: CO COMPLETES DIVESTMENT OF 26% STAKE IN JINDAL COKE -- CO RECEIVES 1.95B RUPEES FROM DIVESTMENT
HINDUSTAN ZINC: BOARD MEETING ON MARCH 10 TO CONSIDER AND EVALUATE PROPOSALS FOR RAISING FUNDS THROUGH THE ISSUE OF LISTED NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
JSW STEEL: CO RECEIVES RESPONSIBLESTEELTM CERTIFICATION SIMULTANEOUSLY FOR FOUR MANUFACTURING SITES -- CO’S PLANTS AT VIJAYNAGAR, DOLVI, TARAPUR & SALEM
VEDANTA: CO SPINOFF FACES SETBACK - NEWSPAPER
ADANI ENTERPRISES: BLACKROCK SPOKESPERSON REFUTES ET REPORT ON ADANI REFINANCING - BBG
NMDC: IRON ORE FALLS BELOW USD 100 A TON FOR FIRST TIME SINCE MID-JAN
NMDC: CO FEB TOTAL PRODUCTION SEEN AT 4.62 MT VS 3.92 MT (YOY) -- CO FEB TOTAL SALES SEEN AT 3.98 MT VS 3.99 MT (YOY)
ADANI ENTERPRISES: ADANI PLANS TO TAKE OVER RETAIL BUSINESS AT ITS AIRPORTS - ET
JINDAL STAINLESS: CO BOARD APPROVES ACQUISITION OF AGH DREAMS AND UTKRISHT DREAM VENTURES
JINDAL STEEL: JINDAL SAID TO RAISE BID FOR ITALIAN STEELMAKER TO €4 BILLION- BBG
NMDC: INDIA MINES SECY SAYS GOVT IS WORKING ON CONSULTATION FOR INDEXING IRON ORE PRICES LINKED TO INTERNATIONAL PRICES
NMDC: INDIA MINES SECY SAYS CO, COAL INDIA, ONGC VIDESH EXPLORING CRITICAL MINERALS IN AUSTRALIA
TATA STEEL: CO SAYS ACQUISITION OF EQUITY STAKE IN T STEEL HOLDINGS -- CO ACQUIRES 7.89B SHARES IN T STEEL HOLDINGS FOR $1.24B -- FUNDS TO BE USED FOR DEBT REPAYMENT AND RESTRUCTURING AT TATA STEEL UK
TATA STEEL: CO ACQUIRES STAKE WORTH RS 10,727 CRORE IN ARM T STEEL HOLDINGS
VEDANTA: INDIA COULD EXTEND IMPORT CURBS ON LOW ASH METALLURGICAL COKE - RTRS
VEDANTA: INDIA COULD EXTEND IMPORT CURBS ON LOW ASH METALLURGICAL COKE - RTRS
VEDANTA: CO CHAIRMAN SAYS CAIRN OIL & GAS COMMITS 500 BLN RUPEES INVESTMENT FOR OIL EXPLORATION IN ASSAM
ADANI GROUP TO INVEST 500B RUPEES IN INDIAS ASSAM STATE
ADANI ENTERPRISES: CO GROUP CHAIRMAN SAYS TO INVEST 110B RUPEES IN MADHYA PRADESH, CREATE OVER 120,000 JOBS BY 2030
VEDANTA: CO HAS BEEN DECLARED AS PREFERRED BIDDER FOR THE KAUHARI DIAMOND BLOCK -- KAUHARI DIAMOND BLOCK IS AT G4 LEVEL OF EXPLORATION WITH TOTAL AREA OF 643.4169 HECTARES FOR BLOCK
VEDANTA: CO SEEKS EOI FOR 5000MW CAPTIVE NUCLEAR POWER PLANT - ETNOW
TATA STEEL: CO ACQUIRED EQUITY SHARES AGGREGATING TO USD 300 MILLION (₹2,603.16 CRORE) IN T STEEL HOLDINGS PTE. LTD (‘TSHP’) -- POST THIS ACQUISITION, TSHP WILL CONTINUE TO BE A WHOLLY OWNED SUBSIDIARY OF THE CO
ADANI ENTERPRISES: U.S SEC HAS REQUESTED ASSISTANCE FROM INDIA’S MINISTRY OF LAW AND JUSTICE UNDER THE HAGUE SERVICE CONVENTION IN RELATION TO THE ADANI CASE -- U.S SEC’S EFFORTS TO SERVE ITS COMPLAINT TO GAUTAM ADANI, SAGAR ADANI IN CASE RELATED TO US INDICTMENT "ONGOING"--COURT FILING - RTRS
ADANI ENTERPRISES: US SEC SEEKS INDIAN AUTHORITIES HELP IN SERVING ITS COMPLAINT TO GAUTAM ADANI, SAGAR ADANI IN RELATION TO US INDICTMENT OF LAST YEAR - COURT FILING - RTRS
TATA STEEL: NEATH PORT TALBOT COUNCIL APPROVES PLANS FOR ELECTRIC ARC FURNACE IN PORT TALBOT
VEDANTA: VEDANTA CREDITORS MEET ON TUESDAY TO VOTE ON INDIA DEMERGER PLAN - ET
HINDALCO: COS MD NOT IN A HURRY TO LAUNCH NOVELIS IPO -- ALSO SAYS PLAN TO COMPLETE BAY PROJECT BEFORE NOVELIS IPO
HINDALCO INDUSTRIES: CO EXEC SAYS DO NOT SEE A SCENARIO WHERE THERE IS NO SETTLEMENT ON THE RECIPROCAL TARIFF ISSUE
ADANI ENTERPRISES: ADANI-BACKED FIRM AMONG THREE FINALISTS IN INDIAS SMALL SATELLITE LAUNCH ROCKET PRIVATISATION -- OTHER FINALISTS INVOLVE STATE-LINKED COMPANIES VYING FOR LOW-COST LAUNCHER -- BIDDING IS PART OF GOVERNMENTS EFFORTS TO PRIVATISE AND GROW SPACE INDUSTRY - RTRS, CITING SOURCES
TATA STEEL: CO APPROVED THE ISSUE OF NCDS WORTH 30B RUPEES
HINDALCO: CO SAYS NEGOTIATIONS ON ACQUISITION OF MYWINDOW DID NOT MATERIALIZE -- CO SAYS MYWINDOW TRANSACTION OFFICIALLY CLOSED
HINDALCO: CO SAYS PRAVEEN KUMAR MAHESHWARI TO STEP DOWN AS CFO ON MARCH 31, 2025 -- CO APPOINTS BHARAT GOENKA AS CFO EFFECTIVE APRIL 1, 2025
HINDALCO: Q3 EBITDA 26.64B RUPEES VS 19.6B (YOY) -- Q3 EBITDA MARGIN 11.20% VS 9.68% (YOY)
HINDALCO: Q3 SL NET PROFIT 14.6B RUPEES VS 8.4B (YOY) -- Q3 REVENUE 238B RUPEES VS 203B (YOY)
HINDALCO: Q3 EBITDA 75.8B RUPEES VS 58.65B (YOY);EST 74.2B -- Q3 EBITDA MARGIN 12.99% VS 11.11% (YOY); EST 12.83%
HINDALCO: Q3 CONS NET PROFIT 37.35B RUPEES VS 23.31B (YOY); EST 34.9B -- Q3 REVENUE 584B RUPEES VS 528B (YOY); EST 578.5B
HINDALCO: Q3 CONS NET PROFIT 37.35B RUPEES VS 23.31B (YOY); EST 34.9B -- Q3 REVENUE 584B RUPEES VS 528B (YOY); EST 578.5B
ADANI ENTERPRISES: CO SAYS INCORPORATION OF WHOLLY OWNED SUBSIDIARY CO BY JV CO -- CO SAYS SIRIUS DIGITECH, UAE INCORPORATED COREDGE.IO
ADANI ENTERPRISES: ADANI SIGNS $207 MILLION PRIVATE LOAN FOR AUSTRALIA COAL PORT - BBG
SAIL: Q3 EBITDA 20.3B RUPEES VS 21.42B (YOY) -- Q3 EBITDA MARGIN 8.29% VS 9.17% (YOY)
SAIL: Q3 CONS NET PROFIT 1.4B RUPEES VS 4.23B (YOY); 8.97B (QOQ) -- Q3 REVENUE 244.9B RUPEES VS 233.5B (YOY)
JSW STEEL: JSW GROUP - ANNOUNCES 1.2 TRILLION RUPEES INVESTMENT IN KARNATAKA -- JSW GROUP - INVESTMENT IN KARNATAKA SPANNING STEEL, ENERGY, INFRASTRUCTURE, CEMENT, AND PAINTS - RTRS
VEDANTA: CO APPROVED NCDS ISSUE UP TO 30B RUPEES
NATIONAL ALLUMINIUM: CO’S THRUST IS ON EARLY COMPLETION OF EXPANSION ACTIVITIES INCLUDING 5TH STREAM EXPANSION OF REFINERY, OPERATIONALIZATION OF POTTANGI MINES, BROWNFIELD EXPANSION OF SMELTER PLANT AND PLANNED CPP EXPANSION - INVESTOR PRESENTATION
NATIONAL ALUMINIUM: CO DECLARED 2ND INTERIM DIVIDEND OF RS 4 PER SHARE
NATIONAL ALUMINIUM CO: Q3 EBITDA 23.28B RUPEES VS 7.73B (YOY) -- Q3 EBITDA MARGIN 49.94% VS 23.10% (YOY)
NATIONAL ALUMINIUM CO: Q3 CONS NET PROFIT 15.66B RUPEES VS 4.71B (YOY) -- Q3 REVENUE 46.6B RUPEES VS 33.47B (YOY)
ADANI ENTERPRISES: ADANI GROUP TO PARTNER WITH US’ MAYO CLINIC FOR NEW HOSPITAL BUSINESS - MINT
JSW STEEL: EXPECTS GOVT CAPEX AND INFRA RECOVERY TO AID GROWTH IN Q4
JSW STEEL: CO CONSOLIDATED CRUDE STEEL PRODUCTION AT 25.18 LAKH TONNES FOR JANUARY 25
VEDANTA: BOARD MEETING ON FEB 11 TO CONSIDER THE PROPOSAL FOR ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS
SAIL: CO TO CONSIDER Q3 RESULT ON FEB.11
NMDC: Q3 EBITDA 25.1B RUPEES VS 20.30B (YOY) -- Q3 EBITDA MARGIN 38.43% VS 37.52% (YOY)
NMDC: Q3 REVENUE 65.3B RUPEES VS 54.09B (YOY)
NMDC: Q3 SL NET PROFIT 19.4B RUPEES VS 14.93B (YOY)
ADANI ENTERPRISES: CO CAPEX AT ONE-THIRD OF GUIDANCE IN FY25 - NEWSPAPER
JINDAL STEEL & POWER: GOVT SELECTS CO, 2 OTHERS FOR FINANCIAL INCENTIVE SCHEME - NEWSPAPER
VEDANTA: S&P SAYS STABLE OUTLOOK REFLECTS EXPECTATION THAT VEDANTA RESOURCES OPERATING PERFORMANCE WILL SUPPORT GENERATION OF DIVIDENDS AND BRAND FEES -- S&P ON VEDANTA RESOURCES: REFINANCING OF 2026 BONDS TO SIGNIFICANTLY REDUCE LIQUIDITY PRESSURE, MINIMIZE REFINANCING RISK
VEDANTA: S&P - VEDANTA RESOURCES UPGRADED TO B+ ON EASING REFINANCING RISK; REMOVED FROM CREDITWATCH; OUTLOOK STABLE
NMDC: BUSINESS UPDATE - JANUARY PRODUCTION AT 5.1 MT VS 4.54 MT (YOY) -- JANUARY SALES AT 4.48 MT VS 4.56 MT (YOY)
HINDUSTAN ZINC: CO CEO SAYS MINING REFORMS INTRODUCED IN BUDGET POSITION INDIA AS KEY PLAYER IN CRITICAL MINERALS SECTOR
NATIONAL ALUMINIUM: CO TO CONSIDER Q3 RESULT ON FEB.10
VEDANTA: CO SAYS SUCCESSFUL PRODUCTION OF 1ST SLAB FROM ROLLED PRODUCTS DEBOTTLENECKING AT BALCO -- CO SAYS INCREASE PRODUCTION CAPACITY OF ROLLED PRODUCTS FROM 50 KTPA TO 100 KTPA
VEDANTA: Q3 EBITDA 111B RUPEES VS 85B (YOY) -- Q3 EBITDA MARGIN 28.82% VS 24.40% (YOY)
VEDANTA: Q3 REVENUE 385B RUPEES VS 349.68B (YOY)
VEDANTA: Q3 CONS NET PROFIT 35.5B RUPEES VS 20.13B (YOY)
JSW STEEL: CO UNIT JSQUARE COMPLETES ACQUISITION OF 100% EQUITY SHARES OF TKES INDIA -- CO SAYS COMBINED PURCHASE CONSIDERATION FOR TRANSACTIONS IS 41.59B RUPEES
JINDAL STEEL: CO EXEC SAYS EXPECT STEEL PRICES TO INCREASE GOING FORWARD -- CO EXEC SAYS GOVT INFRA SPENDING IMPROVED IN ONGOING QTR -- CO EXEC SAYS SEE 100-200 RUPEES/TON REDUCTION IN IRON ORE COSTS IN Q4
JINDAL STEEL: CO APPOINTED MAYANK GUPTA AS CFO
NMDC STEEL: CO TO CONSIDER Q3 RESULT ON FEB.6
JINDAL STEEL & POWER: Q3 EBITDA 21.84B RUPEES VS 28.43B (YOY) -- Q3 EBITDA MARGIN 18.59% VS 24.30% (YOY)
JINDAL STEEL & POWER: Q3 CONS NET PROFIT 9.5B RUPEES VS 19.28B (YOY); 8.6B (QOQ) -- Q3 REVENUE 117.5B RUPEES VS 117B (YOY)
NMDC: CO TO CONSIDER Q3 RESULT ON FEB.6
ADANI ENTERPRISES: Q3 CONS NET PROFIT 578M RUPEES VS 18.9B (YOY) -- Q3 REVENUE 229B RUPEES VS 250B (YOY)
ADANI ENTERPRISES: Q3 EBITDA 30.71B RUPEES VS 32.27B (YOY) -- Q3 EBITDA MARGIN 13.44% VS 11.39% (YOY)
JINDAL STAINLESS: CO EXEC SAYS CONSIDERING TO TAKE A RELOOK AT FRESH CAPEX PLANS FOR FUTURE EXPANSION -- CO EXEC SAYS NOT PURSUING EXPORTS IN RUSSIA ANYMORE
JINDAL STAINLESS: CO EXEC SAYS STRATEGY IS TO PRIORITISE DOMESTIC MARKET -- CO EXEC SAYS LOWERS FY25 SALES VOLUME GROWTH OUTLOOK TO 10% FROM 15% Y/Y
JINDAL STAINLESS: CO EXEC SAYS STEEL DUMPING FROM CHINA, VIETNAM KEPT PRICES UNDER TREMENDOUS PRESSURE -- CO EXEC SAYS ON THE EXPORTS FRONT, IT IS A WAIT-AND-WATCH SITUATION WITH TRUMP BACK IN POWER
JINDAL STAINLESS: CO HAS APPROVED PAYMENT OF INTERIM DIVIDEND OF 1 RUPEE PER EQUITY SHARE
JINDAL STAINLESS: Q3 EBITDA 12.08B RUPEES VS 12.46B (YOY) -- Q3 EBITDA MARGIN 12.19% VS 13.65% (YOY)
JINDAL STAINLESS: Q3 REVENUE 99.1B RUPEES VS 91.27B (YOY)
JINDAL STAINLESS: Q3 CONS NET PROFIT 6.55B RUPEES VS 6.9B (YOY); 6.11B (QOQ)
NMDC: CABINET APPROVES 180B RUPEES FOR CRITICAL MINERAL MISSION - NDTV PROFIT
NMDC: CO PLANS TO SPEND RS 70,000 CRORE ON CAPITAL EXPENDITURE IN 5 YEARS - ET
ADANI ENTERPRISES: MUMBAI AIRPORT T1 TO UNDERGO REVAMP, WILL HANDLE 20 MILLION PASSENGERS PER YEAR - BUSINESSLINE
ADANI ENTERPRISES: ADANI GROUP COMMITS RS 2.3 TRILLION INVESTMENT IN ODISHA OVER NEXT 5 YEARS - BUSINESS STANDARD
JSW STEEL: CO SAYS EXTENDED LONG STOP DATE FOR ACQUISITION OF 92.19% STAKE OF MINAS DE REVUBOE -- CO SAYS EXTENDED LONG STOP DATE FROM JANUARY 31, 2025 TO JUNE 30, 2025
VEDANTA: CO INKS MEMORANDUM OF UNDERSTANDING WORTH 1 TRLN RUPEES WITH ODISHA GOVT - RTRS
HINDUSTAN ZINC: GLOBAL REFINED ZINC MARKET BALANCE TO REMAIN IN DEFICIT IN CY 2025
HINDUSTAN ZINC: Q3 EBITDA 44.6B RUPEES VS 35.2B (YOY) -- Q3 EBITDA MARGIN 54% VS 49.81% (YOY)
HINDUSTAN ZINC: Q3 REVENUE 83.15B RUPEES VS 70.7B (YOY)
HINDUSTAN ZINC: Q3 SL NET PROFIT 26.8B RUPEES VS 20.3B (YOY)
TATA STEEL: CO SAYS OUR GROWTH PLANS IN KALINGANAGAR ARE ON COURSE
TATA STEEL: Q3 EBITDA 59B RUPEES VS 62.6B (YOY); EST 47B -- Q3 EBITDA MARGIN 11% VS 11.30% (YOY); EST 8.9%
TATA STEEL: Q3 CONS NET PROFIT 2.95B RUPEES VS 5.22B (YOY); EST LOSS 5.5B -- Q3 REVENUE 536.5B RUPEES VS 553.12B (YOY); EST 525.5B
VEDANTA: CO TO CONSIDER Q3 RESULT ON JAN.31
JSW STEEL: CO EXEC SAYS EXPECT BETTER PERFORMANCE IN U.S. IN Q4 ON HIGHER PRICES -- SAYS SEE PRICES OF COKING COAL TO REMAIN SUBDUED IN FORESEEABLE FUTURE
JSW STEEL: CO EXEC SAYS EXPECT LOWER CHINESE STEEL IMPORTS IN Q4, EXPECT THAT TO SUPPORT PRICES -- SAYS EXPECT TO ACHIEVE 98% OF OUR VOLUME GUIDANCE OF 28.4 MT FOR FY25 -- SAYS LOWER IMPORTS WILL SUPPORT OVERALL PRICING IN COMING QTRS
JSW STEEL: CO EXEC SAYS STARTED Q3 WITH PRICE HIKES IN OCT, BUT UNFORTUNATELY THAT DID NOT SUSTAIN -- SAYS CONTINUE TO MONITOR CHINESE STEEL IMPORTS -- SAYS ON CHINESE STEEL IMPORTS, HOPEFUL OF POSITIVE GOVT ACTION
JSW STEEL: CO SAYS CONSOLIDATED CAPEX SPEND DURING Q3FY25 WAS 30.87B RUPEES -- CO EXEC SAYS ON TRACK TO COMMISSION THREE NEW MINES, ONE IN Q4 AND TWO IN Q1 OF NEXT FISCAL
ADANI ENTERPRISES: CO TO CONSIDER Q3 RESULT ON JAN.30
JSW STEEL: CONS CAPEX SPEND DURING Q3FY25 WAS 30.87 BLN RUPEES
JSW STEEL: CO HAS AN EXCEPTIONAL ITEM OF 1.03B RUPEES -- CO HAS DEFERRED TAX OF 3.10B RUPEES -- Q3 PBT 12.8B RUPEES VS 33.03B (YOY)
JSW STEEL: Q3 EBITDA 55.79B RUPEES VS 71.8B (YOY); EST 51.2B -- Q3 EBITDA MARGIN 13.48% VS 17.12% (YOY); EST 12.6%
JSW STEEL: Q3 CONS NET PROFIT 7.17B RUPEES VS 24.5B (YOY); EST 5.7B -- Q3 REVENUE 414B RUPEES VS 420B (YOY); EST 405B
HINDALCO INDUSTRIES LTD.: RS. 62.11 CRORES NSE BLOCK TRADE; FOR ~ 1,017,506 SHARES, AT RS. 610.45
VEDANTA: KARNATAKA GOVERNOR RETURNS KARNATAKA MINERAL RIGHTS TAX BILL 2024 - CNBC TV18
NMDC: KARNATAKA GOVERNOR RETURNS KARNATAKA MINERAL RIGHTS TAX BILL 2024 - CNBC TV18
JINDAL STAINLESS: CO TO CONSIDER Q3 RESULT ON JAN.29
HIND ZINC: CO TO CONSIDER Q3 RESULT ON JAN.28
JSW STEEL: JSW GROUP SIGNS MOU WITH GOVT OF MAHARASHTRA FOR 3T RUPEES INVESTMENT IN THE STATE -- JSW GROUP - MOU TO INVEST IN STEEL, RENEWABLE ENERGY, CEMENT, BATTERY MANUFACTURING, EV IN MAHARASHTRA
APL APOLLO TUBES: Q3 EBITDA 3.45B RUPEES VS 2.79B (YOY) -- Q3 EBITDA MARGIN 6.35% VS 6.68% (YOY)
APL APOLLO TUBES: Q3 REVENUE 54.3B RUPEES VS 41.8B (YOY)
APL APOLLO TUBES: Q3 CONS NET PROFIT 2.17B RUPEES VS 1.65B (YOY)
HINDALCO: CO BEEN SELECTED UNDER PLI SCHEME FOR WHITE GOODS (ACS AND LED LIGHTS) WITH COMMITTED INVESTMENT OF RS. 360 CR
VEDANTA: COS SHAREHOLDING MEET WILL BE HELD ON FEB 18 FOR THE ANNOUNCEMENT OF THE DEMERGER
JSW STEEL: COAL SCAM - DELHI COURT DISCHARGES JSW STEEL LTD IN CORRUPTION CASE - MONEYCONTROL
APL APOLLO TUBES: CO TO CONSIDER Q3 RESULT ON JAN.20
VEDANTA: CO PROMOTER OFFER TO BUY BACK ALL OUTSTANDING 2028 BONDS
VEDANTA: MOODYS RATINGS UPGRADES VEDANTA RESOURCES CFR TO B1 AND BONDS TO B2; OUTLOOK STABLE
VEDANTA: CO RESOURCES LOOKING TO UPSIZE DEAL, IN ADVANCE DISCUSSION WITH OTHER BANKS FOR ADDITIONAL $200 M
VEDANTA: CO RESOURCES SECURES $300 MILLION FINANCING FROM LEADING GLOBAL BANKS -- PROCEEDS WILL BE USED FOR REFINANCING OUTSTANDING 2024 BONDS I, 2026 BONDS - RTRS
JSW STEEL: CO REPORTS HIGHEST EVER QUARTERLY CONSOLIDATED CRUDE STEEL PRODUCTION OF 7.03 MILLION TONNES FOR Q3 FY25
TATA STEEL: STEEL SEC SAYS STEEL PRICES ARE STILL UNDER PRESSURE -- INTERNATIONAL OUTLOOK FOR STEEL INDUSTRY NOT GOOD IN TERMS OF DEMAND AND PRICE - ET NOW
TATA STEEL: STEEL SEC TO ET NOW SAY STEEL PRICES ARE STILL UNDER PRESSURE WHICH IS AFFECTING THE INDUSTRY - ET NOW
NMDC LTD: IRON ORE PRICES REVISED W.E.F. 9TH JAN 2025 – BAILA LUMP: RUPEES 6,000/TON, BAILA FINES: RUPEES 5,060/TON
NMDC: CO ANNOUNCES IN-PRINCIPLE APPROVAL FOR NEW INITIATIVES -- INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY OF NMDC AT GIFT CITY, GUJARAT, AND THE OPENING OF NMDC LIAISON OFFICES IN DUBAI, UAE, AND BRISBANE/MELBOURNE, AUSTRALIA
HINDALCO INDUSTRIES: CO SAYS NOVELIS CORPORATION TO OFFER $500M SENIOR UNSECURED NOTES DUE 2030
NATIONAL ALUMINIUM: CO SAYS BRIJENDRA PRATAP SINGH TAKES OVER AS CMD OF NALCO
TATA STEEL: CO SAYS IN 3QFY2025, TATA STEEL INDIA CRUDE STEEL PRODUCTION STOOD AT 5.68M TONS -- TATA STEEL INDIA DELIVERIES IN Q3 SALES AT 5.29M TONS
ADANI ENTERPRISES: CO UNIT ADANI PETROCHEMICALS (APCL) HAS COMPLETED THE INCORPORATION PROCESS OF A JOINT VENTURE COMPANY NAMELY “VALOR PETROCHEMICALS LTD” (VPL) WITH INDORAMA RESOURCES LTD, THAILAND -- CO UNIT APCL SHALL HOLD 50% SHARE CAPITAL OF VPL
NMDC: INDIA STEEL MINISTRY PROPOSES KIOCL, NMDC MERGER -- NMDC AIMS TO EXPORT IRON ORE PELLETS FROM KIOCL AFTER PROPOSED MERGER - GOVT SOURCE - RTRS
TATA STEEL: TOTAL OUTLAY FOR THE NEW STEEL PLI SCHEME IS APPROXIMATELY AT RUPEES 4300CR - CNBC TV18
VEDANTA: POWER - Q3 POWER SALES DOWN 21%(YOY) -- Q3 BALCO POWER SALES UP 2%(YOY) AND 33%(QOQ)
VEDANTA: COPPER INDIA - Q3 CATHODES PRODUCTION INCREASED BY 9%(QOQ)
VEDANTA: FACOR - Q3 ORE PRODUCTION UP 77%(QOQ) -- 9 MONTH FERRO CHROME PRODUCTION UP 35%(YOY)
VEDANTA: STEEL - Q3 TOTAL SALEABLE PRODUCTION UP 11%(QOQ)
VEDANTA: IRON ORE - PIG IRON PRODUCTION IS UP 7%(YOY) AND 14%(QOQ)
VEDANTA: OIL & GAS - GROSS OPERATED PRODUCTION IS 99.4 KBOEPD IN Q3 FY25 -- OALP CONTRIBUTION IS 4.0 KBOEPD IN Q3 FY25
VEDANTA: ZINC INTERNATIONAL TOTAL MINED METAL PRODUCTION JUMPS 12%(YOY) -- GAMSBERG Q3 PRODUCTION JUMPS 21%(YOY)
VEDANTA: Q3 MINE METAL PRODUCTION UP 3%(QOQ) -- Q3 REFINED ZINC PRODUCTION UP 3%(QOQ)
VEDANTA: ALUMINA PRODUCTION FOR THE INITIAL 9 MONTHS JUMPS 16%(YOY) -- GAMSBERG Q3 PRODUCTION JUMPS 21%(YOY)
HINDALCO: ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF “ALUMINIUM FOIL UPTO 80 MICRONS, EXCLUDING ALUMINIUM FOIL BELOW 5.5 MICRON FOR NON-CAPACITOR APPLICATION” ORIGINATING IN OR EXPORTED FROM CHINA PR
HINDUSTAN ZINC: MINE METAL PRODUCTION IN Q3 AT 265KT -- WIND POWER GENERATION FOR 3QFY25 WAS 47 MU
NMDC: TOTAL DECEMBER 2024 PRODUCTION 4.71 MT VS 4.48 MT (YOY) -- TOTAL DECEMBER 2024 SALES 3.91 MT VS 4.19 MT (YOY)
APL APOLLO TUBES: CO REGISTERED THE HIGHEST EVER SALES VOLUME OF 828,200 TON VS 603,659 TON (YOY)
ADANI ENTERPRISES: CO.,ADANI COMMODITIES LLP AGREEMENT SIGNED WITH LENCE PTE LTD FOR POTENTIAL STAKE SALE IN ADANI WILMAR
HINDALCO INDUSTRIES: PROJECT TO CREATE APPROXIMATELY 16,000 DIRECT AND INDIRECT JOBS -- EXPECTS COAL PRODUCTION TO COMMENCE IN CY2028
HINDALCO INDUSTRIES: CO SECURES MEENAKSHI COAL MINE ALLOCATION IN ODISHA -- MEENAKSHI COAL MINE HAS PRC OF 12 MLN TONNES PER ANNUM
ADANI ENTERPRISES: COS 44% STAKE IN ADANI WILMAR AS OF 27 DECEMBER 2024, GIVEN THE MARKET CAPITALIZATION OF INR 42,785 CRORES -- 44% VALUE WILL BE NEAR 190B
ADANI ENTERPRISES: CO WOULD COMPLETELY EXIT ITS 44% HOLDING IN ADANI WILMAR
ADANI ENTERPRISES: WILMAR INTERNATIONAL AGREED TO ACQUIRE ABOUT 31% HELD BY AEL IN ADANI WILMAR
ADANI ENTERPRISES: COTO EXIT ADANI WILMAR JV SIGNS AGREEMENT WITH WILMAR INTERNATIONAL -- CO WILL SELL ABOUT 13% IN ADANI WILMAR
ADANI ENT: TODAY AT 3PM NIFTY QUARTERLY REJIG STOCK TO SEE INFLOWS OF $15 MN (RS 1.2B)
TATA STEELS: CO FACES A €27M FINE FOR ENVIRONMENTAL VIOLATIONS IMPOSED BY THE NETHERLANDS GOVERNMENT ON ITS OPERATIONS AT IJMUIDEN - MC
TATA STEEL: LAST WEEK CO NETHERLANDS SUBMITTED A DRAFT ENVIRONMENTAL IMPACT ASSESSMENT (EIA) TO LOCAL AUTHORITIES, DESCRIBING IT AS THE "NEXT STEP" IN ITS GREEN STEEL INITIATIVE - MONEYCONTROL
TATA STEEL: CO HAS LONG BEEN AWARE OF THE POTENTIAL RAMIFICATIONS OF THE ALLEGED VIOLATIONS, BUT ANALYSTS SUGGEST IT HAS FAILED TO TAKE REMEDIAL ACTION - MC
TATA STEEL: CO SHAREHOLDERS MAY SEE FURTHER PAIN AS POSSIBLE $5-BILLION EXPENSE LOOMS IN NETHERLANDS -* MC
ADANI ENTERPRISES: A SUCCESSFUL COMMERCIAL FLIGHT VALIDATION TEST AT NAVI MUMBAI INTERNATIONAL AIRPORT
ADANI ENTERPRISES: COS STAKE IN JMRPL DILUTED TO 51%
HINDALCO: INDIA COAL MINISTRY ISSUES VESTING ORDER FOR MEENAKSHI COAL MINE - PIB (SPELL CHECK)
HINDALCO: THE MEENAKSHI COAL MINE IS EXPECTED TO GENERATE AN ANNUAL REVENUE OF RUPEES 1,152.84CR, BASED ON ITS PEAK RATED CAPACITY (PRC). WITH AN ESTIMATED CAPITAL INVESTMENT OF RUPEES 1,800CR - PIB
HINDALCO: INDIA COAL MINE ISSUES VESTING ORDER FOR MEENAKSHI COAL MINE - PIB
NMDC: INDIA RATINGS DOWNGRADES OUTLOOK REVISED TO NEGATIVE FROM STABLE; SHORT-TERM RATING DOWNGRADED RATINGS DOWNGRADES COMING IN FOR PSU MINER
HINDALCO: KOTAK INSTITUTIONAL EQUITY SAYS CUT EPS BY 2% FOR FY2026/27E FACTORING LOWER MARGINS FOR NOVELIS -- REDUCE FAIR VALUE TO 665
JSW STEEL: JSW WINS BID TO BUY TWO HINDUSTAN COPPER MINES IN INDIA - MINT
ADANI ENTERPRISES: CO ACQUIRED 26% STAKE OF GIDHMURI PATURIA COLLIERIES PRIVATE LIMITED
NATIONAL ALUMINIUM: CO SIGNS MINING LEASE DEED FOR UTKAL-D AND UTKAL-E COAL BLOCK -- COAL PRODUCTION CAPACITY TO INCREASE TO 4.0 MTPA
HINDALCO: CO TO CONSIDER Q3 RESULT ON FEB.13
ADANI ENTERPRISES: THE ACQUISITION ENHANCES ADANI’S CAPABILITIES IN THE DEFENCE MRO SECTOR, SOLIDIFYING ITS POSITION IN INDIA’S AIRBORNE DEFENCE ECOSYSTEM
ADANI ENTERPRISES: ADANI DEFENCE SYSTEMS AND TECH LTD (ADSTL) IS ACQUIRING AN 85.8% STAKE IN AIR WORKS INDIA (ENGINEERING) PVT. LTD. FOR AN ENTERPRISE VALUE OF RS 400 CRORE
ADANI ENTERPRISES: CO SIGNS OF SHARE PURCHASE AGREEMENT BY WHOLLY OWNED SUBSIDIARY OF COMPANY
VEDANTA: CO IS MAJOR IRON ORE PRODUCERS IN KARNATAKA - CNBC TV18 (CORRECTION)
VEDANTA: SOURCES MAJOR QUANTITIES OF IRON ORE FROM NMDC - CNBC TV18
JSW STEEL: SOURCES MAJOR QUANTITIES OF IRON ORE FROM NMDC - CNBC TV18
NMDC: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18
JSW STEEL: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18
VEDANTA: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18
JINDAL STEEL AND POWER: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY
JSW STEEL: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY
STEEL AUTHORITY OF INDIA: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY
JSW STEEL: TODAY AT 3PM SENSEX EXCLUSION STOCK TO SEE OUTFLOWS OF $252 MN (RS20.92B)
ADANI ENTERPRISES: DHARAVI SLUM REDEVELOPMENT PROJECT: HC DISMISSES PLEA AGAINST TENDER AWARDED TO ADANI GROUP
VEDANTA: KARNATAKA GOVERNMENT HAS PROPOSED A BILL TO LEVY TAX ON VARIOUS MINERALS INCLUDING IRON ORE. IF THE BILL IS PASSED, IT WILL HURT BOTH MINERS/CONSUMERS -- THE BILL SHALL AFFECT VEDANTA AND NMDC THE MOST IN KARNATAKA MINES
JSW STEEL: CO CARETTA MINERALS MERGED WITH PLANCK HOLDINGS
JSW STEEL: CO ANNOUNCES RESTRUCTURING OF USA SUBSIDIARIES -- CO PUREST ENERGY MERGED WITH PERIAMA HOLDINGS
ADANI ENTERPRISES: CO UNIT INCORPORATES UNIT NAMED WPCCPL TO EXPAND HOSPITALITY AND FOOD SERVICES
SAIL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18
JSW STEEL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18
TATA STEEL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18
NMDC: INCRED SAYS 10% INCREASE IN DUTY WILL IMPACT EBITDA BY RUPEES 100 TONNE
SAIL: GOVT SAYS SYMPATHETIC TO CONCERNS OF THE DOMESTIC STEEL INDUSTRY - CNBC TV18
JINDAL STEEL & POWER: GOVT IS SYMPATHATIC WITH THE CONCERN OF DOMESTIC STEEL FACILITY
JSW STEEL: GOVT SAYS SYMPATHETIC TO CONCERNS OF THE DOMESTIC STEEL INDUSTRY - CNBC TV18
JSW STEEL: MORE THAN 70% IRON ORE FOR JSW STEEL COMES FROM KARNATAKA
JSW STEEL: KARNATAKA GOVT TO HIKE DUTY ON IRON ORE - SOURCES TO CNBC TV18
NMDC: DRAFT TO INCREASE DUTY ON IRON ORE HAS LIKELY BEEN CIRCULATED - CNBC TV18
NMDC: KARNATAKA GOVT TO MAY BE LOOK TO MOP UP NEAR RUPEES 10,000 CR FROM IRON ORE DUTY THIS YEAR - CNBC TV18
NMDC: KARNATAKA GOVT MAY BE LOOKING TO INCREASE DUTY ON IRON ORE - CNBC TV18
ADANI ENTERPRISES: INDIA FOREIGN SECRETARY - THERE WAS NOT A DETAILED DISCUSSIONS ON ADANI INVESTMENTS IN SRI LANKA -- INDIA FOREIGN SECRETARY - THERE WAS NO REFERENCE TO ADANI’S INVOLVEMENT IN COLOMBO PORT PROJECT IN SRI LANKA DURING BILATERAL TALKS
VEDANTA: CO BOARD HAS APPROVED FOURTH INTERIM DIVIDEND AT 8.5 RUPEES/SHR -- FOURTH INTERIM DIVIDEND AMOUNTING TO 33.24B RUPEES
JSW STEEL: SC ORDERS ED TO HANDOVER BHUSHAN POWER & STEEL PROPERTIES WORTH RUPEES 4,025 CR TO CO - ET
JSW STEEL: PROCESS IS ON FOR CONSIDERING OF IMPOSING IMPORT DUTY ON STEEL
SAIL: INDIA STEEL MINISTER SAYS PROCESS IS ON FOR CONSIDERATION OF IMPOSING IMPORT DUTY ON STEEL
TATA STEEL: PROCESS IS ON FOR CONSIDERATION OF IMPOSING IMPORT DUTY ON STEEL
HINDALCO: GOVT MAY CONSIDER ADDRESSING INVERTED DUTY STRUCTURE FOR CERTAIN ALUMINIUM GOODS IN BUDGET - ET
JSW STEEL: JSW GROUP EXPLORES EXPANSION INTO COPPER, ALUMINIUM - MINT
VEDANTA: CO TO CONSIDER AND APPROVE THE FOURTH INTERIM DIVIDEND ON EQUITY SHARES ON DEC.16
JSW STEEL: CO REPORTS CONSOLIDATED CRUDE STEEL PRODUCTION OF 23.23 LAKH TONNES FOR NOVEMBER’24; GREW BY 5% (YOY) -- INDIAN OPERATION PRODUCTION WAS HIGHER BY 7% (YOY)
ADANI GROUP PLANS TO INVEST OVER 7.5T RUPEES IN RAJASTHAN
VEDANTA: CO GROUP PLANS TO INVEST 1 TRILLION RUPEES IN RAJASTHAN
JINDAL STAINLESS: P&G INCREASINGLY RELYING ON STAINLESS STEEL FROM INDIA FOR GILLETTE RAZOR BLADES-DATA - RTRS
NMDC: CO SAYS NOVEMBER IRON ORE SALES 4.00 MT VS 3.79 MT (YOY) -- NOV TOTAL IRON ORE PRODUCTION 4.51 MT VS 3.83 MT (YOY)
JSW STEEL: INDIAN STEELMAKER JSW GROUP TO LAUNCH ITS OWN EV BRAND - FT
ADANI ENTERPRISES: ADANI GROUP CFO - AS A GROUP THERE WILL NOT BE ANY ACTION ON U.S. INDICTMENT, BUT CHARGED INDIVIDUALS WILL BE TAKING STEPS -- SAYS INDIVIDUALS CHARGED BY U.S. DOJ WILL CLARIFY MATTERS WITHIN 10 DAYS -- SAYS STILL HAVE TO CLARIFY CERTAIN DISCREPANCIES ON U.S. ALLEGATIONS WITH LAWYERS
ADANI ENTERPRISES: ADANI GROUP CFO - DOMESTIC MARKET DOESN’T OFFER LONG DURATION CAPITAL , FOR LONG DURATION WE NEED U.S. CAPITAL -- SAYS HAVE $3 BLN DEBT REPAYMENT IN NEXT 12 MONTHS -- SAYS NONE OF GROUP PUBLIC COMPANIES INVOLVED IN U.S. INDICTMENT ALLEGATIONS
ADANI ENTERPRISES: ADANI GROUP CFO - NOT IN OUR NATURAL INTEREST TO HAVE U.S. EXPOSURE, DOLLAR FUND RAISING -- SAYS WE CAN EXECUTE ALL OUR PROJECTS BASED ON CASH FLOW -- SAYS WE DON’T NEED ANY MONEY FOR ALREADY COMMITTED PROJECTS -- SAYS WE HAVE LONG DURATION ASSETS, WE NEED LONG DURATION CAPITAL FOR THAT
ADANI ENTERPRISES: ADANI GROUP CFO- WILL CONTINUE TO INVEST IN LOGISTICS FOR NEXT 20 YEARS -- ADANI GROUP CFO- CAN EARN MONEY FROM OUR PORTFOLIO TO ACHIEVE OUR AMBITIONS -- ADANI GROUP CFO - NEED TO INCREASE DOMESTIC CAPITAL INTO LONG DURATION ASSET
ADANI ENTERPRISES: INDIA FOREIGN MINISTRY ON ADANI ALLEGATIONS - WE HAVE NOT HAD ANY CONVERSATION WITH THE US GOVT -- INDIA FOREIGN MINISTRY ON ADANI ALLEGATIONS - WE ARE NOT PART OF THE CASE IN ANY MANNER AT THIS POINT IN TIME
ADANI ENTERPRISES: INDIA FOREIGN MINISTRY ON ADANI ALLEGATIONS - WE SEE THIS AS A LEGAL MATTER INVOLVING PRIVATE FIRMS AND INDIVIDUALS AND US DEPT OF JUSTICE -- INDIA FOREIGN MINISTRY ON ADANI ALLEGATIONS - GOVT OF INDIA HAS NOT BEEN INFORMED IN ADVANCE ON THE ISSUE
ADANI ENTERPRISES: CO UNIT ACQUIRED 99% STAKE IN AVISERVE FACILITIES, AVIGROUND FACILITIES -- UNIT SUBSCRIBED SHARES OF AVIGROUND FOR 9.9M RUPEES;AVISERVE DEAL FOR 9.9M RUPEES
VEDANTA: MOODYS RATINGS UPGRADES VEDANTA RESOURCES CFR TO B2 AND BONDS TO B3; OUTLOOK STABLE
ADANI ENTERPRISES LTD: RS. 67.81 CRORES NSE BLOCK TRADE; FOR ~ 287323 SHARES, AT RS. 2360.00
NMDC: IRON ORE PRICE RISES TO ONE MONTH HIGH IN A SINGAPORE
ADANI ENTERPRISES: CO SAYS UNIT APRIL MOON RETAIL COMPLETES ACQUISITION OF 74% STAKE OF COCOCART VENTURES
VEDANTA: CO DEALS WITH SAUDI ARABIA FOR COPPER SMELTING, REFINING, AND ROD PRODUCTION FACILITIES WITH VEDANTA - RTRS (CORRECTION)
VEDANTA: CO DEALS INCLUDE COPPER SMELTING, REFINING, AND ROD PRODUCTION FACILITIES WITH VEDANTA - RTRS
ADANI ENTERPRISES: MOODYS TAKES RATING ACTION ON SEVEN ADANI GROUP COMPANIES TO NEGATIVE
VEDANTA: SHARES NOW UP 1.00%; GLOBAL ZINC PRICES INCREASED DUE TO A SIGNIFICANT RISE IN ORDERS FOR LME INVENTORY, MARKING THE LARGEST SURGE SINCE 2015
The London Metal Exchange (LME) experienced a significant increase in canceled zinc warrants, totaling 47,800 tons, marking the largest jump since 2015.
JSW STEEL: CO AND SAIL IN TALKS WITH MONGOLIA FOR TWO COKING COAL SHIPMENTS
SAIL: CO IN TALKS WITH MONGOLIA FOR TWO COKING COAL SHIPMENTS - RTRS
APL APOLLO TUBES LTD: Rs. 22.92 Crores NSE Block Trade; for ~ 152880 Shares, at Rs. 1499.50
ADANI ENTERPRISES: FITCH RATINGS CONSIDERS DOWNGRADING ADANI GROUP BONDS TO JUNK STATUS AMID U.S. BRIBERY CHARGES
HINDALCO: RUSAL TO CUT ALUMINUM OUTPUT BY 6%
ADANI ENTERPRISES: ANDHRA PRADESH STATE IS REVIEWING INTERNAL RECORDS, MULLING NEXT STEPS AFTER ADANI INDICTMENT -- ANDHRA PRADESH STATE WILL EXAMINE IF IT IS POSSIBLE TO CANCEL POWER SUPPLY CONTRACT LINKED TO ADANI-GOVERNMENT OFFICIAL - RTRS
APL APOLLO TUBES LTD: Rs. 29.36 Crores NSE Block Trade; for ~ 201140 Shares, at Rs. 1459.65
ADANI ENTERPRISES: S&P - VARIOUS RATING ACTIONS TAKEN ON FIVE ADANI GROUP ENTITIES ON U. S. INDICTMENT -- U.S. INDICTMENT OF 3 BOARD REPRESENTATIVES OF UNRATED ADANI GROUP ENTITY COULD AFFECT INVESTOR CONFIDENCE IN OTHER ADANI GROUP ENTITIES - RTRS
ADANI ENTERPRISES: KENYAS PRESIDENT RUTO - DIRECTS CANCELLATION OF PROCUREMENT PROCESS OF FOR EXPANSION OF MAIN AIRPORT -- KENYAS PRESIDENT RUTO - DIRECTS CANCELLATION OF POWER TRANSMISSION DEAL SIGNED WITH ADANI - RTRS
ADANI ENTERPRISES: CO SAYS NO ALLEGATIONS AGAINST COMPANY IN US INDICTMENTS
VEDANTA: CO HAS DECIDED TO PAUSE ITS BOND SALE PLANS IN LIGHT OF THE RECENT MARKET VOLATILITY ASSOCIATED WITH THE ADANI GROUP
ADANI ENTERPRISES: SOLAR ENERGY CORP OF INDIA SAYS NOT CLEAR IF ANY OF SOLAR ENERGY CORPS COVENANTS HAVE BEEN VIOLATED
ADANI ENTERPRISES: ADANI GROUP CALLS US ALLEGATIONS BASELESS -- ADANI GROUP SAYS ALL POSSIBLE LEGAL RECOURSE WILL BE SOUGHT
ADANI ENTERPRISES: CO. RELEASES STATEMENT ON BRIBERY CHARGES; ALEGATIONS ARE BASELESS
TATA STEEL LTD: Rs. 15.79 Crores NSE Block Trade; for ~ 1119498 Shares, at Rs. 141.02
HINDALCO INDUSTRIES LTD: RS. 72.30 CRORES NSE BLOCK TRADE; FOR ~ 1111133 SHARES, AT RS. 650.70
ADANI ENTERPRISES: MOODYS VIEWS BRIBERY CHARGES AND A US INDICTMENT AGAINST ADANI GROUPS CHAIRMAN AS CREDIT-NEGATIVE FOR ADANI ENTERPRISES
ADANI ENTERPRISES: ADANI PLANS TO INVEST USD 2B IN MUMBAI CONVENTION CENTER - MINT
ADANI ENTERPRISES: GAUTAM ADANI, SAGAR ADANI, VNEET JAAIN INDICTED IN UNITED STATES OVER ALLEGED BRIBERY SCHEME INVOLVING INDIAN ENERGY COMPANY - RTRS
ADANI ENTERPRISES: ADANI MULLS SURRENDER OF 5G SPECTRUM AFTER MORE THAN 2 YEARS OF PURCHASE - MINT
JSW STEEL: JSW GROUP CHAIRMAN SAYS EXPECT INDIA MARKETS REGULATOR NOD FOR JSW CEMENT IPO BY END OF JAN 2025 -- SAYS DISCUSSING WITH OTHER COUNTRIES FOR TRANSFER OF NEW ENERGY VEHICLES TECHNOLOGY -- SAYS NO PLANS TO ENTER ELECTRIC TWO WHEELER SEGMENT
JSW STEEL: JSW GROUP CHAIRMAN SAYS JSW STEEL LOOKING AT AUSTRALIA, MONGOLIA, MOZAMBIQUE, RUSSIA TO MEET COKING COAL NEEDS -- SAYS STEEL, FINANCE MINISTRIES STUDYING REQUEST FOR TEMPORARY TAX ON CHINA STEEL DUMPING FAVORABLY
JSW STEEL: JSW GROUP CHAIRMAN SAYS GOING FORWARD WONT LEAVE MUCH SURPLUS TO REINVEST,EXPAND CAPACITY -- SAYS JSW GROUP WILL BE KEEN TOWARDS ANY OPPORTUNITIES IF GOVT DECIDES TO PURSUE DISINVESTMENT IN STATE-OWNED STEEL COMPANIES
JSW STEEL: JSW GROUP CHAIRMAN SAJJAN JINDAL - INDIAN STEEL INDUSTRY ASKING GOVT TO STOP CHINESE STEEL COMING TO INDIA VIA COUNTRIES LIKE VIETNAM, MALAYSIA -- SAYS GOING FORWARD STEEL MARGINS WILL BE THIN DUE TO IMPORTS, PRICES
JSW STEEL: JSW STEEL ITALY SRL SIGNS COMMERCIAL AGREEMENT WITH METINVEST ADRIA -- PER AGREEMENT, METINVEST TO PAY A RELEASE FEE OF 30M EUROS TO JSW STEEL ITALY
JSW STEEL: CO SAYS DECLARATION AS A "PREFERRED BIDDER" FOR CODLI MINERAL BLOCK-XII, DHARBANDORA -- PROJECTED IRON ORE RESOURCES IS 48.5M TONNE
NMDC: SHARP RECOVERY IN SGX IRON ORE UP 3% FROM LOWS- CNBCTV18
SAIL: CO CHAIRMAN SAYS WE ARE REQUESTING GOVT TO CONSIDER MEASURES AGAINST STEEL IMPORTS
NATIONAL ALUMINIUM CO LTD: Rs. 23.52 Crores NSE Block Trade; for ~ 974096 Shares, at Rs. 241.43
HINDUSTAN ZINC: CO DECLARED AS PREFERRED BIDDER FOR DUGOCHA GOLD & ASSOCIATED MINERALIZATION BLOCK
NATIONAL ALUMINIUM CO: CO HAS DECLARED INTERIM DIVIDEND OF 4 PER EQUITY SHARE
NATIONAL ALUMINIUM CO: Q2 EBITDA 15.5B RUPEES VS 3.96B (YOY) -- Q2 EBITDA MARGIN 38.71% VS 13.04% (YOY)
NATIONAL ALUMINIUM CO: Q2 REVENUE 40B RUPEES VS 30.4B (YOY)
NATIONAL ALUMINIUM CO: Q2 CONS NET PROFIT 10.4B RUPEES VS 1.87B (YOY); 5.9B (QOQ)
HINDALCO: NEXT YEARS GUIDANCE IS EXPECTED TO BE AROUND RS 7,000 CR TO RS 8,000 CR, WITH THIS YEARS GUIDANCE BEING AROUND RS 6,000 CR -- CO REAFFIRMED ITS CURRENT YEAR GUIDANCE OF RS 6,000 CR - CONCALL UPDATE
HINDALCO: CO IS STICKING TO ITS GUIDANCE OF AROUND RUPEES 650 CRORES FOR Q3 AND Q4, THE COST OF GOODS SOLD (COGS) IS EXPECTED TO INCREASE BY 1% TO 1.5% IN Q3 DUE TO RISING COAL SPOT PREMIUMS -- COS GUIDANCE GOING FORWARD IS AROUND RUPEES 650 CR - CONCALL UPDATE
HINDALCO: CO TARGETS TO ACHIEVE 300 MEGAWATTS OF RENEWABLE CAPACITY BY H1 OF CALENDAR YEAR 25 -- CO HAS LONG-TERM GUIDANCE, BUT WILL REVISIT AND POTENTIALLY UPDATE IT IF NEW FACTORS EMERGE - CONCALL UPDATE
VEDANTA: CO UNIT BALCO GOT TAX ORDER FOR PENALTY 1.34B RUPEES -- CO UNIT BALCO GOT TAX ORDER FOR REDEMPTION FINE OF 1B RUPEES
ADANI ENTERPRISES: ADANI GROUP PLANS TO INVEST USD 5B INTO METAL BUSINESS OVER 3-5 YEARS - MINT
HINDALCO: CO EXEC SAYS IF U.S. FURTHER IMPOSES TARIFFS, CHINA MAY DIVERT SUPPLIES TO INDIA -- CO EXEC SAYS NEW ADMINISTRATION IN U.S. WILL BE GOOD FOR NOVELIS
HINDALCO: CO EXEC SAYS SCRAP IMPORTS ARE BECOMING TOUGH -- CO EXEC SAYS ALUMINUM IMPORTS FROM CHINA REMAIN A WORRY
HINDALCO: CO EXEC SAYS DOMESTIC DEMAND OF ALUMINIUM IS VERY STRONG -- SAYS SEEING A LITTLE BIT OF SLOWDOWN IN AUTO
HINDALCO: CO EXEC SAYS NOVELIS IPO WILL WAIT UNTIL MARKET CONDITIONS ARE RIGHT -- CO EXEC SAYS NEXT FEW QUARTERS FOR NOVELIS WILL BE TOUGH
HINDALCO: CO SAYS NOVELIS BAY MINETTE PROJECT REMAINS ON TRACK; EXPECTED TO BE COMPLETED BY H2 OF CY26
HINDALCO: Q2 EBITDA 27.5B RUPEES VS 17.56B (YOY); EST 24.95B -- Q2 EBITDA MARGIN 12.35% VS 8.49% (YOY); EST 11.7%
HINDALCO: Q2 SL NET PROFIT 18.9B RUPEES VS 8.47B (YOY); EST 12.5B -- Q2 REVENUE 222.6B RUPEES VS 206.8B (YOY); EST 213.5B
NMDC: CO DECLARED BONUS SHARES TO THE SHAREHOLDERS OF THE CO IN THE RATIO OF 2:1
NMDC: Q2 EBITDA 14.4B RUPEES VS 11.93B (YOY) -- Q2 EBITDA MARGIN 29.96% VS 29.72% (YOY)
NMDC: Q2 SL NET PROFIT 12.7B RUPEES VS 10.28B (YOY); 19.8B (QOQ) -- Q2 REVENUE 48.1B RUPEES VS 40.14B (YOY)
VEDANTA: VEDANTA GROUP PLANS $500 MILLION INVESTMENT IN AVANSTRATE INC. TO DRIVE INNOVATION IN HIGH-TECH DISPLAY GLASS PRODUCTS - RTRS
VEDANTA LTD: CO EXPECTS TO MEET MOST OF ITS SECOND-HALF REQUIREMENT OF USD 220M THROUGH FREE OPERATING CASH FLOWS -- CO IS ON TRACK TO COMMISSION TRAIN 2 IN Q3 FY25 WITH FULL RAMP-UP EXPECTED BY Q1 FY26 - CONCALL UPDATE
VEDANTA LTD: CO EXPECTS TO HAVE A MONTHLY EBITDA RUN RATE OF MORE THAN USD 650 MILLION AS IT CLOSES FY25 -- CO EXPECTS AN EVEN STRONGER EBITDA IN FY26, BUT WILL SHARE FURTHER GUIDANCE ON ITS FY26 OUTLOOK LATER IN THE YEAR - CONCALL UPDATE
VEDANTA LTD: CO IS CONFIDENT IN ACHIEVING 230,000 TONS OF TOTAL MIC PRODUCTION FOR THE FULL YEAR IN ITS ZINC INTERNATIONAL BUSINESS -- CO IS CONFIDENT OF ACHIEVING ITS ANNUAL PRODUCTION GUIDANCE OF 11 MILLION TONS PER ANNUM FROM THE IRON ORE BUSINESS IN FY25 - CONCALL UPDATE
SAIL: CO EXPECTS TO SPEND AROUND RS 6,000 CR ON (CAPEX) THIS YEAR, WHICH IS LOWER THAN THE INITIAL ESTIMATE OF RS 6,300 CR -- CO AIMS TO BRING DOWN SPECIFIC CO2 CONSUMPTION BY 12% TO 2.1 TONNES PER TONNE OF CRUDE STEEL BY FINANCIAL YEAR 2030-31 - CONCALL UPDATE
JSW STEEL: CO SAYS TERMINATION OF BANAI-BHALUMUDA COAL BLOCK DEVELOPMENT AND PRODUCTION AGREEMENT -- CO SAYS UPON ACQUISITION AND DETAILED FEASIBILITY STUDY, THIS MINE WAS NOT FOUND SUITABLE FROM A TECHNO-COMMERCIAL PERSPECTIVE FOR CO AND HENCE THE CO DECIDED NOT TO GO AHEAD WITH THE INVESTMENT TO DEVELOP THE COAL BLOCK
VEDANTA: CO APPROVED EXPANSION OF SMELTER CAPACITY BY 435 KTPA & ROLLED PRODUCTS BY 130 KTPA BY BALCO -- SECOND UNIT AT ATHENA POWER PLANT TO BE OPERATIONAL IN Q3 OF FY25-26 -- CO TO INVEST 118.16 BILLION RUPEES IN BALCO EXPANSION
VEDANTA : CO APPROVED 52.09B RUPEES CAPEX FOR ATHENA CHHATTISGARH POWER PLANT PROJECT -- FIRST UNIT OF ATHENA CHHATTISGARH POWER PLANT TO GO OPERATIONAL IN Q1 FY 2025-26
VEDANTA: ACQUISITION OF STERLITE IRON AND STEEL COMPANY BY SESA RESOURCES
VEDANTA: NET DEBT AT PARENT ENTITY REDUCED BY $1BN IN FIRST HALF TO REACH TO ITS LOWEST LEVEL IN A DECADE