Tata Steel: Co Receives Demand Notice Claiming Excess Coal Extraction, Seeks Legal Remedies
Vedanta: Co Announces Record Q4 And FY26 Production, Including Highest Annual Aluminum And Alumina Output, With Zinc India’s Record Mined Metal And 11% QOQ Silver Growth
NALCO: Says FY26 Total Alumina Sales Will Hit 1.4 Million Tonnes, Setting New Production And Sales Records
Steel Authority Of India: Chairman And Managing Director Amarendra Prakash Resigns Effective April 1, 2026; Krishna Kumar Singh Appointed Acting Chairman For Three Months
APL Apollo Tubes: Nuvama maintains Buy on APL Apollo Tubes with Target Price ₹2,617 (earlier ₹2,638) citing Q4 volume impact from Middle East disruptions and gas shortages, Dubai plant utilisation hit, positive but below-estimate growth, pricing power and healthy spreads supporting margins, slight decline in value-added mix, EPS cuts due to near-term headwinds, but structural growth outlook remains strong.
NMDC: March 2026 Iron Ore Production Hits 5.35 Million Tonnes
APL Apollo: Company Misses Q4 Volume Targets
APL APOLLO: Q4 VOLUME GROWTH AT 8.7% VS GUIDANCE OF 20%
APL APOLLO TUBES: Q4FY26 SALES VOLUME OF 924,881 TON (+9% YOY) -- FY26 SALES VOLUME OF 3,491,243 TON (+11% YOY)
Lloyds Metals And Energy: Says FY26 Iron Ore Output Reached 21.96 Million Tonnes, Forecasting 26 Million Tonnes For FY27 -- Q4 FY26 Volumes Stood At 9.1 Million Tonnes, Representing 529% Yoy Increase.
Lloyds Metals: Achieves Record Iron Ore Production At 21.96 Million Tons, Double FY25 And Up Sharply Year Over Year
Lloyds Metals And Energy: DRI Production Jumps 57% YoY To 484K Tonnes, Pellet Output Hits 3.03 Million Tonnes At Full Capacity Utilisation.
Hindalco Industries Ltd.: Rs. 37.35 Crores NSE Block Trade; for ~ 407,765 Shares, at Rs. 915.95
Adani Enterprises: Company Sells Half Of Its Stake In Vishakha Industries For ₹13.27 Crore
Adani Enterprises: Adani Airport Holdings Signs A Share Purchase Deal With Skyiwave On March 30, 2026
Vedanta Ltd: Company Says $5 Billion US Energy Investment Talks Are Exploratory, Not Final
Vedanta: Seeks To Keep Adani Plan Implementation On Hold And Challenges NCLAT Order in Court - CNBCTV18
Vedanta: Co Will Split Into Five Companies Next Month Under A 1-Year Debt-Cutting Restructuring Plan - FT
JSW Steel: Receives First Rs 7,875 Cr Investment From Jfe Steel For Jsw Kalinga, Securing A 25% Stake And Joint Control In The 50:50 Bhushan Power & Steel JV
Tata Steel: Secures Interim Relief After Ministry Of Coal Admits Fresh Revisions On ₹385.19 Crore Jharkhand Coal Demand, Coercive Action Paused Until Hearing
JSW Steel: Completes Transfer Of Bpsl Steel Business To JSW Sambalpur And Moves Ahead With Its Joint Venture With Jfe Steel.
JSW Steel: Company Will Review Q4 Results On 14 May
APL Apollo Tubes Ltd.: Rs. 36.21 Crores NSE Block Trade; for ~ 182,818 Shares, at Rs. 1980.90
Jindal Steel & Power Ltd.: Rs. 23.47 Crores NSE Block Trade; for ~ 204,737 Shares, at Rs. 1146.50
Jindal Stainless: Company Partly Starts 315.6 MW Solar-Wind Hybrid Project In Madhya Pradesh And Gujarat, Investment Over Rs 2,000 Cr
Jindal Stainless: Oyster Renewable and Jindal Stainless Progress Industrial Decarbonisation Plan With 315.6 MW Hybrid Power Project
JSW Steel: Buys A 92.19% Stake In Minas De Revuboe Limitada
Tata Steel: High Court Grants Stay On Tata Steel Tax Proceedings Until March 25, 2026
Adani Enterprises: Acquires 24% Stake In IANS India Private Limited For ₹4.70 Crore; IANS Now A Wholly Owned Subsidiary Of Adani.
Adani Enterprises; Acquires 24% Stake In IANS India Private Limited For ₹4.70 Crore; IANS Now A Wholly Owned Subsidiary Of Adani.
TATA Steel: Partners With Hindustan Zinc To Use Low-Carbon Zinc In Steel Production, Supporting Sustainability Goals; No Disclosure Required Under SEBI Rules.
Jindal Stainless: Company Starts New 1.2 MTPA SMS Facility In Indonesia; Plans Extra ₹900 Crore Investment To Boost Cold Rolled Production In India; Aims For 3.5 MTPA Sales By FY29 With Strong Growth Rate.
ITCONS E-Solutions Ltd: Signs Deal With Pay10 Services To Supply Skilled Workers And Help With Recruitment; This Is Anticipated To Boost Future Growth And Profitability.
Vedanta: NCLAT Will Review Vedantas Appeal Against Adanis Proposal For JP Associates On April 9.
Vedanta: Company Announces Dividend of ₹11 Per Share, Lower Than Expected ₹40 Per Share According to Citi Research, Full Year Dividend for FY26 Now Totals ₹34 Per Share.
LLOYDS METALS AND ENERGY LTD.: RS. 72.56 CRORES NSE BLOCK TRADE; FOR ~ 601,880 SHARES, AT RS. 1205.60
Vedanta: Company Approves Dividend Of 11 Rupees Per Share
Vedanta: NCLAT To Hear Vedantas Request Regarding Jaiprakash Case On March 24, Vedanta Challenges Adanis Jaiprakash Resolution Offer.
Hindustan Zinc: Company Teams Up With Tata Steel To Develop Low-Carbon Zinc Solutions With Ecozen; The Goal Is To Cut Value-Chain Emissions By 75%.
Vedanta Ltd.: Rs. 32.30 Crores NSE Block Trade; for ~ 502,534 Shares, at Rs. 642.80
Tata Steel: Opens Indias First Scrap-Based Electric Arc Furnace With ₹3,200 Crore Investment; Capacity Set At 0.75 Million Tonnes Per Year; Aims For CO₂ Emissions Below 0.3 Tonne Per Tonne Of Steel; Facility Will Operate Using 100% Steel Scrap As Raw Material.
Tata Steel: HSBC on Tata Steel Buy, TP Rs 250 (raised from 235) as UK import protection, EU CBAM, and India safeguard duties provide multi-year regional protection, lifting FY27–28e earnings 5–14%, with India margins/prices supportive and China export/production cuts as the next catalyst.
Adani Enterprises: Converts 137.5 Million Partly Paid Shares To Fully Paid Shares.
JSW Steel: Co Unit Requests Government Assistance for Gas Supplies Due to Shortages - Hindu Business Line
Vedanta: Company Plans ₹1 Trillion Investment in Rajasthan
Vedanta: CLSA on Vedanta: Outperform, Target Price Rs 835 as demerger into five entities could unlock value (zinc ~₹379/sh, aluminium ~₹425/sh) with timelines/procedures progressing, and strong operational upside led by aluminium & zinc segments.
Vedanta: Company Plans to Discuss 3rd Interim Dividend on March 23
Hindalco Industries: Kotak Inst Eqt on Hindalco Industries Sell, Target Price Rs 800 as US scrap spreads rise (scrap ~47% of P1020 vs 70% LY), Novelis gains limited by plant outages/diverted lines, margins bottomed 3QFY26 with production normalization only 2HFY27E, India business benefits from commodity tailwinds, but rich valuations keep SELL rating.
Tata Steel: Board Approves Merging Neelachal Ispat Nigam With Company, Plans Investment Up To USD 2 Billion In Tata Steel Holdings Starting From FY2026-27, And Greenlights Purchase Of Securities In Medica Ts Hospital For 14.9 Million Rupees.
Adani Enterprises: NCLT Gives Green Light To Adani Enterprises Resolution Plan For Jaiprakash Associates. - CNBC TV18
Adani Enterprises: NCLT Denies Vedantas Challenge Against Adani Enterprises IBC Strategy for Jaiprakash Associates.
TATA STEEL LTD.: RS. 68.11 CRORES NSE BLOCK TRADE; FOR ~ 3,491,862 SHARES, AT RS. 195.04
Hindalco: Energy Costs May Rise Due To Increased Coal E-Auction Prices, Says Motilal Oswal.
Hindalco: Motilal Oswal Says Fire at Novelis Oswego Plant in U.S. Disrupts Operations, Weakens Near-Term Earnings Outlook. Concerns Over Novelis’ Performance Expected to Affect Overall Earnings Soon.
Hindalco: MOSL maintains Buy on Hindalco Industries with TP ₹1,110, citing robust Asia/domestic demand from renewables, EVs, infra and packaging, manageable Middle East impact mainly via coal costs, plans for 100% captive coal by FY33 for ~$200/t savings, and expansion in value-added aluminium/copper products with new facilities ramping up to support margins.
Adani Enterprises: Receives Approval for Composite Scheme from NCLT Ahmedabad
Vedanta: Receives Allocation Of 2,57,500 NCDs Worth Rs 2,575 Crores Through Private Placement.
Lloyds Metals & Energy: Starts Producing Copper Cathodes At 12,000 TPA Plant In The Democratic Republic Of Congo, Entering Global Copper Market
Hindalco: Company Refutes Claims of Stopping Aluminum Sales, Assures Operations Are Running Smoothly.
JSW Steel: co Announces New Coking Coal Mining Project in Mozambique
Lloyds Metals And Energy: Gets Approval To Buy Up To 49% Stake In Virtus Lloyds Minerals Holding Through Its Subsidiary Lloyds Global Resources FZCO.
Jindal Stainless: Faces Shipping Disruptions Leading To Vessel Changes And Delayed Cargo, Impacting Supply Chains And Profit Margins.
Jindal Stainless: Fuel Shortages Affect Operations, Plants Running at Reduced Capacity.
Tata Steel: Challenges ₹493.35 Crore GST Demand And ₹638.82 Crore Penalty In Jharkhand High Court
Hindalco Industries: Novelis Inc. Reveals $225 Million Municipal Bond Offering; SEC Files Material Definitive Agreement.
Jindal Steel: Selected As Preferred Bidder For Rengalabera North-East Extension And Nuagan West Iron Ore Block In Odisha
Adani Enterprises: Subsidiary Finalizes Purchase of 14.2% Stake in Air Works India and Completes Acquisition of Defense Unit from Punj Lloyd Ltd.
Jindal Steel: Named Preferred Bidder For Thakurani-A1 Iron Ore Block In Odisha; Pledges 101.20% Premium; Block Contains Approximately 50 Million Tonnes Of Iron Ore.
JSW Steel: MOSL maintains Buy on JSW Steel with Target Price Rs 1,400, supported by favorable macros, capacity expansion, cost leadership, strong domestic demand, rising value-added sales, and projected double-digit revenue growth with EBITDA/t rebounding to ~₹13,500 in FY27–28.
Jindal Steel: Co Secures Thakurani A1 Iron Ore Block In Odisha - ET
Hindustan Zinc: Company Teams Up With CMR Green Technologies For Zinc Alloy Production In Rajasthan
Adani Enterprises: Company Purchases 49% Stake In DPJ Tot For Up To ₹1,342 Crore In Cash
JSW Steel: Reports February 2026 Crude Steel Production Of 23.66 Lakh Tonnes; Indian Operations Utilization Rate At 88%, Including BF3.
Jindal Stainless: Co Says There May Be Some Delays In Stainless Steel Shipments To The Middle East In Near Term
NMDC Limited: Sets Iron Ore Prices Starting March 6, 2026; Baila Lump Priced At ₹4,800 Per Ton; Baila Fines Priced At ₹4,050 Per Ton.
Hindustan Zinc: Partners With Virginia Tech For Advanced Silver Recovery Research To Enhance Metallurgical Skills Through Scientific Studies And Global Academic Collaboration.
TATA Steel: Company Confirms ₹11,000 Crore Investment Plan In Jharkhand For High-Quality Steel; Plans Include Expanding Tinplate And Combi Mill; Ongoing Review Of Sustainability Efforts.
Adani Enterprises: KCL Sells Its Complete 50% Share in Praneetha Ecocables
Adani Enterprises Limited: Updates Share Purchase Deal Date For Adani Defence Systems & Technologies Ltd With Punj Lloyd Aviation Ltd To February 28, 2026.
NMDC: Reports February Production Hits 5.35 MT And Sales Reach 4.60 MT, Slightly Down From 4.62 MT But Higher Than 3.98 MT Last Year.
NMDC LIMITED: PROVISIONAL IRON ORE PRODUCTION AND SALES DATA RELEASED FOR FEBRUARY 2026; TOTAL PRODUCTION UP TO FEBRUARY 2026 AT 47.79 MT, SALES AT 44.34 MT, COMPARED TO 40.49 MT AND 40.20 MT RESPECTIVELY IN FEBRUARY 2025.
Vedanta: Selected as Top Bidder for Karnapodikonda Bauxite Block in Odisha Lease Auction, a 532.75-Hectare G2 Block to Enhance Aluminium Production Through Backward Integration Following State Governments Tender Process
Tata Steel: Sells Jajpur Ferro Alloy Plant To Indian Metals & Ferro Alloys For ₹610 Crore
JSW Steel: Today At 3pm MSCI February Rejig Stock To See Weight Up Of USD 134M (Rs 12.2B)
Lloyds Metals And Energy: Subsidiary Lloyds Steel Private Limited Buys 19.5% Stake In Loka Metals Private Limited For ₹11.7 Crore Through Preferential Allotment
Tata Steel: Invests $264 Million in 261.90 Million Equity Shares of Its Subsidiary T Steel Holdings Pte. Ltd.
National Aluminium: Company Introduces New IA91 Grade Aluminium Alloy Ingot
Vedanta: Board Gives Green Light for ₹3,000 Crore NCDs to Be Sold Privately; Set to List on BSE.
Nomura on Lloyd Metals Initiate Buy, TP Rs 1600
Macquarie on JSW Steel – O-P – TP Rs 1319
BoFA Sec on Hindustan Zinc U-P, TP Rs 520
BoFA Sec on Hindalco Buy, TP Rs 1050
BoFA Sec on Vedanta Upgrade to Buy from Neutral, TP Raised to Rs 840 from Rs 480
Jefferies On Adani Enterprises; Maintain Buy, TP of Rs 2750
Hindalco: Novelis Signs Deal With AV Minerals To Sell 1.3 Million Shares For $200 Million
Vedanta: Co Has Cut Its Aluminium Business Outlook, Lowering Fy Ebitda Guidance From Over $4 Billion To About $2.7 Billion. Revised Projections Stand At $3.6 Billion For Fy27 And $4.1 Billion For Fy28, Reflecting Slower Production And Earnings Growth Than Earlier Expected.
Hindustan Zinc Limited: Signs Agreement With Tripura Group To Speed Up Zinc Park Development In Rajasthan; Aiming To Establish Indias First Complete Downstream Zinc Industry Hub; Includes Guaranteed Raw Material Supply And Long-Term Purchase Agreement.
Adani Defence & Aerospace And Embraer Renew Enhanced Agreement On FAL, Proposing E175 Assembly Line In India.- BS (Adani Enterprises)
Hindalco: Embraer Partners With Hindalco To Explore Business Ventures In India, Focusing On Aluminum Opportunities In The Aerospace Sector
JSW Steel: SC Refuses To Stay Rs 1.28B Demand Against Co In Iron Ore Case.
HSBC maintains buy on Hindalco with a target price of Rs 1,210
Adani Enterprises: Adani Road Transport Purchases 49% Stake In Sree Vishwa Varadhi Through New Equity Subscription
Adani Enterprises: Plans To Expand AdaniConnexs Current 2 GW Data Center To Reach A Goal Of 5 GW.
Adani Enterprises Limited: Co Plans To Invest $100 Billion In Renewable Energy-Powered AI Data Centers By 2035, Anticipating An Extra $150 Billion For AI Infrastructure. Collaborations With Google And Flipkart To Increase Capacity
Adani Enterprises: Bank Documents Reveal Large Secret Investments In Adani Group By Associates Of Adani Family - OCCRP
Adani Enterprises: Bank Documents Reveal Large Secret Investments In Adani Group By Associates Of Adani Family.
Adani Enterprises: New Fully Owned Subsidiary Created by AdaniConnex
Jindal Stainless: Company Teams Up With Indian Railways To Create Indias First Corrosion-Resistant Stainless Steel Salt Container; Prototype Successfully Finished Loading And Unloading Tests; Aimed At Improving Durability And Sustainability In Salt Transport Logistics.
Hindalco: Expects Copper EBITDA To Remain Between ₹600 - ₹650 Crore Per Quarter - CNBC TV18
Hindalco: Company Plans 70% Aluminium Sales for Domestic Market and 30% for Exports - CNBC TV18
Hindalco: Reports Ongoing High Demand And Low Supply For Aluminium And Copper, Helping To Keep Prices Up - CNBC Tv18
Hindalco: Expects Aluminium Prices To Stay Near $3000 Per Ton - CNBC Tv18
HSBC on Hindalco Buy, TP Rs 1210
Citi downgrades Hindalco to Neutral ratings, hikes target price to Rs 1,000.
Hindalco: Guidance - Co expects Q4 FY26 cost of production to be about 1% higher due to CP Coke prices, and Q4 alumina sales are projected at 170kt to 180kt. - Concall Update
Hindalco: Guidance - For Q4 FY26, Hindalcos aluminum hedging stands at 64% of commodity at $2,807 per ton and 26% of currency at INR88.18 per dollar; for FY27, 21% is hedged at $2,925 per ton, with plans to reach 25% at $3,000 per ton by March end. - Concall Update
Hindalco: Guidance - Cos capital expenditure for FY26 is projected to be around INR10,000 crores (including the Bandha mine), with a similar range of INR10,000-12,000 crores for FY27. - Concall Update
Hindalco: Guidance - Noveliss Oswego hot mill is expected to restart in late Q1 FY27, and the Bay Minnette 600kt greenfield facility is scheduled for completion this year. - Concall Update
Hindalco: Guidance - Novelis maintains its long-term guidance of $600 per ton for EBITDA, driven by an accelerated $300 million structural cost reduction program by FY28 exit, with a current run rate of $150 million. - Concall Update
Jefferies maintains Hold ratings on Hindalco, hikes target price to Rs 890.
Adani Enterprises: Adanis Kutch Copper Targets ₹3,100 Crore EBITDA By FY27 - ET
HINDALCO: CO HAS EXCEPTIONAL ITEM OF 26B RUPEES -- CO PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX 54.4B RUPEES VS 53.4B (YOY)
HINDALCO: Q3 EBITDA 79.94B RUPEES VS 75.8B (YOY); EST 79.5B -- Q3 EBITDA MARGIN 12.02% VS 13% (YOY); EST 12%
HINDALCO: Q3 CONS NET PROFIT 20.5B RUPEES VS 37.35B (YOY); EST 38.1B -- Q3 REVENUE 665B RUPEES VS 584B (YOY); EST 664B
HSBC maintains Buy ratings on Hindalco with a target price of Rs 1,240.
Citi maintains Buy ratings on Hindalco with a target price of Rs 920.
Hindalco: Company Reports on Fire at Novelis Oswego Plant, Plans to Restart Mill by Late Q2 2026, and Expects Free Cash Flow Impact of $1.3-$1.6 Billion
Adani Enterprises: Receives RFI From OFAC On February 4 And Begins Talks Regarding Allegations From WSJ Article.
Jefferies maintains Buy ratings on Tata Steel at a target price of Rs 240.
Tata Steel: Predicts European Steel Prices To Align More With US Prices Due To CBAM Introduction And Expected EU Safeguard Changes Starting June 2026, Which Will Decrease Product Quotas And Increase Import Duties To 50%. Management Foresees EBITDA Growth In India And Netherlands For Q4 FY26, With Minor Improvement In The UK, Fueled By Higher Volumes And Cost Reductions That Will Compensate For Coking Coal Price Rises And Mixed Impact In The Netherlands.
Tata Steel: Netherlands Forecasts EUR30-33 Per Ton Drop in Q4 Earnings, but EBITDA Growth Expected from Cost Cuts; UK Predicted to See GBP5 Price Rise in EBITDA. Targeting Net Debt to EBITDA Ratio Up to 3X, NINL Expansion Set for FID Soon and Execution Timeframe of 35-40 Months, Aiming for FY29 Launch.
Tata Steel: Company Anticipates Improved Q4 FY26 Performance With Higher Consolidated EBITDA Than Q3, Expecting Volume Increase Of About 0.5 Million Tons. In India, Q4 Prices Are Projected To Rise By INR 2,300 Quarter-On-Quarter, And EBITDA Should Grow From Price Gains, Increased Volume, And Better Product Mix, Despite Coking Coal Costs Rising By $15 Per Ton.
Tata Steel: Company Executive Announces Plans for CRGO Steel Plant in Jamshedpur
Hindustan Zinc: Company Develops Zinc-Ion Battery Prototypes for Energy Storage
TATA Steel: Executive Reports Steel Prices Rising Since Mid-December After India Imposes Safeguard Charges
TATA STEEL: Q3 EBITDA 82B RUPEES VS 59B (YOY) -- Q3 EBITDA MARGIN 14.39% VS 11% (YOY)
TATA STEEL: Q3 CONS NET PROFIT 26.9B RUPEES VS 3.27B (YOY); EST 25B -- Q3 REVENUE 570B RUPEES VS 536.5B (YOY)
APL APOLLO TUBES LTD.: RS. 71.89 CRORES NSE BLOCK TRADE; FOR ~ 327,903 SHARES, AT RS. 2192.40
APL Apollo Tubes Ltd.: Rs. 27.63 Crores NSE Block Trade; for ~ 126,306 Shares, at Rs. 2187.40
Vedanta Ltd.: Rs. 16.37 Crores NSE Block Trade; for ~ 251,609 Shares, at Rs. 650.45
Tata Steel Ltd.: Rs. 28.78 Crores NSE Block Trade; for ~ 1,475,021 Shares, at Rs. 195.11
Tata Steel: Indian Court Keeps Two Writ Petitions on Sukinda Chromite Block Pending Judgment, Extends Interim Protection Until Decision is Made
Tata Steel: Indian Court Keeps Two Writ Petitions on Sukinda Chromite Block Pending Judgment, Extends Interim Protection Until Decision is Made
NMDC: NMDC, SOME PSUS TO JOIN INDONESIA, MALAYSIA MINERAL ASSET BUY TALKS - NDTV PROFIT
Citi maintains Sell ratings on NMDC, hikes target price to Rs 72.
Lloyds Metals And Energy: Board Greenlights Acquisition Of Up To 95% In Singapores Lloyds Asia Resources For As Much As USD 5 Million To Create A Regional Mining Investment Hub
Lloyds Metals And Energy: Board Greenlights Expansion Plans For Konsari Pellet Plants, Increasing Capacity From 4 MTPA To 5 MTPA Each To Boost Steel Value Chain And Profitability
Lloyds Metals And Energy: Gets Green Light For Second Slurry Pipeline Project From Hedri To Maharashtra Port To Boost Affordable Iron Ore Transport To Various Steel Hubs
Lloyds Metals And Energy: To Create Fully-Owned Subsidiary In Maharashtra With ₹252 Crore Investment For Skills, Leadership, Entrepreneurship, And Job-Linked Programs
LLOYDS METALS: Q3 EBITDA 17.60B RUPEES VS 5.36B (YOY) -- Q3 EBITDA MARGIN 35.85% VS 32.08% (YOY)
LLOYDS METALS: Q3 CONS NET PROFIT 10.9B RUPEES VS 3.9B (YOY) -- Q3 REVENUE 49.1B RUPEES VS 16.7B (YOY)
ADANI ENTERPRISES: Q3 REVENUE 248B RUPEES VS 229B (YOY)
ADANI ENTERPRISES: Q3 EBITDA 36.41B RUPEES VS 30.71B (YOY) -- Q3 EBITDA MARGIN 14.7% VS 13.44% (YOY)
ADANI ENTERPRISES: Q3 CONS NET PROFIT 56.3B RUPEES VS 578M (YOY) -- CO HAS AN EXCEPTIONAL ITEM OF 56.3B -- Q3 PBT 13B VS 6B (YOY)
NMDC: CO TO ENTER INTO CRITICAL MINERALS PRODUCTION
NMDC: Q3 REVENUE 76.10B RUPEES VS 65.67B (YOY)
NMDC: Q3 EBITDA 21.44B RUPEES VS 23.7B (YOY) -- Q3 EBITDA MARGIN 28.17% VS 36.12% (YOY)
NMDC: Q3 CONS NET PROFIT RUPEES 17.6B VS 19B (YOY); EST 20B
Adani Enterprises: Adani Defence Forms Partnership With Leonardo For Helicopter Ecosystem Development.
Hindalco Industries Ltd.: Rs. 19.64 Crores NSE Block Trade; for ~ 205,175 Shares, at Rs. 957.30
NMDC: Reports Iron Ore Production Increased To 5.56 MT In January 2026 From 5.10 MT In January 2025, With Sales Rising To 4.79 MT From 4.48 MT Year Over Year.
TATA Steel: Company Bought Shares Worth USD 625.75 Million in TSHP
Hindustan Zinc: Company Allocates 42,000 and 98,000 Unsecured Redeemable Non-Convertible Debentures Totaling ₹1,400 Crore, Each With a Face Value of ₹1 Lakh
Vedanta Ltd.: Rs. 20.56 Crores NSE Block Trade; for ~ 319,107 Shares, at Rs. 644.40
Jindal Steel: Citi stays bearish on Jindal Steel, cuts target price to ₹785
Jindal Steel: Product Focus Shifts to Flat Products, Expecting 55% Flat and 45% Long Ratio in Q4 FY26, Aiming for 70% Value-Added Profile as Capacities Increase.
Jindal Steel: Cos Angul Facility To Commission Basic Oxygen Furnace-III By Q4 FY26, Boosting Steel Production Capacity To 15.6 Million Tonnes, With Slurry Pipeline Completion Expected By FY26 End, Achieving Cost Savings Of ₹750 To ₹850 Per Tonne.
Jindal Steel: Expects To Meet FY26 Sales Goal Of 8.5 To 9 Million Tonnes, Anticipating A Strong Q4 Performance Compared To Q3 With Much Higher EBITDA. Company Aims To Reduce Net Debt To EBITDA Below 1.5X As Production Increases And Revenues Rise, Confirming Its Commitment To Long-Term Guidance.
Jindal Steel: Predicts Coking Coal Costs Will Jump By $18 To $20 Per Tonne Sequentially For Q4 FY26, While Domestic Steel Prices Are Currently Up By INR3,000 To INR3,500 Per Tonne From December 2025. The Company Expects Prices To Stay Strong Due To High Demand.
Hindustan Zinc Ltd.: Rs. 20.91 Crores NSE Block Trade; for ~ 368,582 Shares, at Rs. 567.25
National Aluminium Company: Executive Niranjan Samal Retires On Jan 31, 2026.
SAIL: Q3 EBITDA 22.94B RUPEES VS 20.3B (YOY) -- Q3 EBITDA MARGIN 8.38% VS 8.29% (YOY)
SAIL: Q3 CONS NET PROFIT 3.74B RUPEES VS 1.4B (YOY); EST 4.87B -- Q3 REVENUE 273.7B RUPEES VS 244.9B (YOY)
JINDAL STEEL: Q3 EBITDA 16.35B RUPEES VS 21.84B (YOY) -- Q3 EBITDA MARGIN 12.55% VS 18.60% (YOY)
JINDAL STEEL: Q3 CONS NET PROFIT 1.9B RUPEES VS 9.5B (YOY); EST 5.25B -- Q3 REVENUE 130.3B RUPEES VS 117.5B (YOY)
Tata Steel: Gains Majority Stake Of 50.01% In Threveni Pellets
Vedanta: Co Clarifies On Report “vedanta Moves Hc Over 2011 Arbitral Award Declaring Balco Shares Transfer As Void” -- Co Says There Is No Arbitral Award Declaring Any Balco Share Transfer As Void
NATIONAL ALUMINIUM COMPANY: CO APPROVES DIVIDEND OF RUPEES 4.5 PER SHARE
NATIONAL ALUMINIUM COMPANY: Q3 EBITDA 21.82B RUPEES VS 22.2B (YOY) -- Q3 EBITDA MARGIN 46.13% VS 47.66% (YOY)
NATIONAL ALUMINIUM COMPANY: Q3 CONS NET PROFIT RUPEES 16B VS 15.66B (YOY); EST 14.82B
Vedanta: New Projects Expected To Boost Volumes, Margins, And Earnings Visibility Across Pricing Cycles. Kuraioli Coal Block Set To Be Commissioned By Q4 FY26, With FC Stage 2 Clearance Received In January 2026.
Vedanta: Company Invested $1.3 Billion In Growth Capital Expenditures So Far And Is On Target To Meet Its Full Year Goal Of About $1.7 Billion. Strong EBITDA Margin Resulted From Increased Volumes, Ongoing Cost Reductions Across All Sectors, And Better Metal Prices.
Vedanta: Cos Aluminum Sector Reports Hot Metal Cost of $1,674 Per Ton in Q3, Lower Than $1,700-$1,750 Guidance Thanks to $110 Per Ton Drop in Power Costs. Hindustan Zinc Achieves Lowest Production Cost in Five Years at $940 Per Ton, 6% Lower Than FY26 Guidance, While Zinc Internationals Gamsberg Mine Meets Volume Forecast.
Vedanta: Company Anticipates Q4 FY26 Results Will Exceed Q3, Aiming for Record Annual EBITDA Over $6 Billion for FY26, Beating Earlier Forecasts. For FY26, Company Is Set to Achieve Full-Year Volume Guidance of Approximately 3 Million Tons for Alumina and Aluminum, Marking a New Record.
Tata Steel: High Court Extends Interim Protection Until Next Hearing on February 2, 2026
VEDANTA: Q3 EBITDA 68.6B RUPEES VS 50.13B (YOY) -- Q3 EBITDA MARGIN 29.38% VS 29.38% (YOY)
VEDANTA: Q3 REVENUE 233B RUPEES VS 170.6B (YOY)
VEDANTA: Q3 CONS NET PROFIT 57B RUPEES VS 35.5B (YOY); EST 56B
Hindustan Zinc: Vedanta Intends To Exercise Oversubscription For Sale Of Shares Of Co -- Total Offer Size Up To 4,75,77,066 Shares
JSW Steel: Cos CFO States Prices Increased in January and Sees Possibility for Further Increases - BBG
National Aluminium Company: Confirms No Talks Regarding 200-300 MW Green Power Capacity; Consultant Being Hired for Renewable Energy Changes; Recent News Article Doesnt Affect Operations.
Vedanta: Company Sets Minimum Price For Hindustan Zinc Stake Sale At 685 Rupees Per Share
Vedanta: Company Greenlights Sale Of 6.7 Crore Shares Of Hindustan Zinc, Making Up 1.59% Of HZLs Total Equity. Sale Will Occur Via Stock Exchange.
Hindalco: Company Announces ₹21,000 Crore Expansion for Smelter and Launches FRP and Battery Foil Facilities in Odisha.
Sail: To Gain Most If Steel Price Go Up vs Tata Steel And JSW Steel: Tijori Analysis
TATA STEEL: EU INDIA PROPOSE ZERO TARIFF ON IRON STEEL PDTS
Adani Enterprises: Embraer CEO States Company Hasnt Decided On The Type Of Aircraft To Be Developed.
Adani Enterprises: Embraers CEO Announces Plans With Adani Enterprises To Manufacture Aircraft In India.
JSW Steel: Jefferies on JSW Steel Buy, TP Rs 1400
JSW Steel: Executive Predicts Better Profit Margin in Fourth Quarter
JSW Steel: Expects Steel Demand To Increase By 7-9% In FY27
JSW Steel: Plans To Invest 150-160 Billion Rupees In FY26
Vedanta: Company Announces New Oil Find at Ambe-2A Well
Adani Enterprises: Co Acquire Stake In Flight Simulation Technique Centre, Deal Completed
Jsw Steel: Co Approves Jv Formation, Unit To Hold 51% Stake With Jsw Realty -- Co Says Peddar Realty Unit To Invest Up To Rs 510m In Joint Venture
JSW STEEL: Q3 REVENUE RUPEES 459B VS 414B (YOY)
JSW STEEL: Q3 CONS NET PROFIT RUPEES 21.4B VS 7.2B (YOY)
JSW STEEL: Q3 EBITDA 64.96B RUPEES VS 55.79B (YOY); EST 65.85B -- Q3 EBITDA MARGIN 14.12% VS 13.5% (YOY); EST 14.7%
Adani Enterprises: As Of NOw SEC Has Not Made Any Statement or Ruling Yet, Matter Still Sub Judice - CNBC Aawaz
NMDC: Starts Mining at Tokisud North Coal Mine in Jharkhand, Aiming for Annual Production of 2.30 Million Tons of Thermal Coal.
Tata Steel: Plans To Review Q3 Results On February 6.
Hindustan Zinc: Approves Issuance Of ₹1400 Crore Non-Convertible Debentures In Two Parts Of ₹420 Crore And ₹980 Crore Through Private Placement.
APL Apollo: Elara on APL Apollo Upgrade to BUY from Accumulate with a target price of ₹2,418 (earlier ₹1,938)
APL Apollo: UBS on APL Apollo Buy, target price Raised to Rs 2350
APL Apollo Tubes: Guidance - For the super specialty segment, which will contribute 2 million tons to the 10 million ton target, EBITDA spreads are expected to be above INR10,000 per ton, potentially ranging from INR10,000 to INR15,000 per ton.- Concall Update
APL Apollo Tubes: Guidance - ROCE is expected to expand from 33% to sub-40% levels, potentially reaching 40% by FY27.- Concall Update
APL Apollo Tubes: Guidance - Co is aggressively pursuing capacity expansion from the current 5 million tons to 8 million tons in the next two years, with a vision to reach 10 million tons by 2030.- Concall Update
APL Apollo Tubes: Guidance - Nine-month EBITDA per ton surpassed the companys own guidance, reaching above INR5,000.- Concall Update
APL Apollo Tubes: Guidance - The nine-month sales volume increased 11% year-over-year, within the previously communicated guidance range of 10% to 15% growth.- Concall Update
APL Apollo Tubes: Guidance - Management upgraded sales volume growth guidance to 20% for Q4 FY26 and the full year FY27 over FY26, and increased EBITDA guidance to INR5,500 per ton.- Concall Update
Jindal Stainless: Guidance - New two-to-three-year volume growth targets and downstream investment plans will be announced by Q4 FY26.- Concall Update
Jindal Stainless: Guidance - FY26 CapEx is on track to reach approximately INR2,700 crores, with INR2,200 crores already spent.- Concall Update
Jindal Stainless: Guidance - Net debt for FY26 is now projected to close around or even lower than the Q3 FY26 level of INR3,451 crores, an improvement from the initial guidance of INR3,500 crores to INR3,700 crores.- Concall Update
Jindal Stainless: Guidance - Co also expects to meet its FY26 volume growth guidance.- Concall Update
Jindal Stainless: Guidance - Management is confident in meeting its FY26 guidance for EBITDA per metric ton of INR19,000 to INR21,000, having achieved an average of INR21,300 for the first nine months.- Concall Update
Adani Enterprises: Will Buy Remaining Shares In IANS India Private Limited; IANS Will Be Fully Owned By AMNL
APL APOLLO TUBES: 9M FY26 SALES VOLUME GROWTH AT 11%, GUIDANCE OF 10-15% VOLUME GROWTH FULL YEAR
APL Apollo Tubes: Reports EBITDA Of 5150 Per Ton For 9M FY26, Guidance At 4600-5000 Per Tonne.
APL APOLLO TUBES: Q3 REVENUE RUPEES 58B VS 54.3B (YOY)
APL APOLLO TUBES: Q3 EBITDA 4.7B RUPEES VS 3.45B (YOY) -- Q3 EBITDA MARGIN 8.11% VS 6.35% (YOY)
APL APOLLO TUBES: Q3 CONS NET PROFIT RUPEES 3.1B VS 2.17B (YOY)
Hindustan Zinc: Names Mr. Sandeep Vasant Kadam As New Part-Time Official Director, Taking Over From Mr. Dinesh Mahur Starting January 19, 2026.
Lloyds Metals And Energy: Boosts Holding In Hexa Energy W2 To 29.23% By Investing ₹4.16 Crore In New Equity
TATA Steel: High Court Extends Interim Protection Until Next Hearing On January 29, 2026
Jindal Stainless: Company Announces Interim Dividend of 1 Rupee Per Share
JINDAL STAINLESS: Q3 EBITDA 14.1B RUPEES VS 12B (YOY) -- Q3 EBITDA MARGIN 13.39% VS 12.2% (YOY)
JINDAL STAINLESS: Q3 CONS NET PROFIT 8.3B RUPEES VS 6.55B (YOY) -- Q3 REVENUE 105.2B RUPEES VS 99B (YOY)
TATA STEEL LTD.: RS. 58.04 CRORES NSE BLOCK TRADE; FOR ~ 3,159,881 SHARES, AT RS. 183.67
JSW Steel: MS on JSW Steel, Maintain OW on target price Rs raised to Rs 1330
Tata Steel: MS on Tata Steel Maintain OW on, target price raised to Rs 215
SAIL: MS on SAIL Downgrade to UW from EW, target price Rs 140
JSPL: MS on JSPL Upgrade to OW from EW, target price Raised to Rs 1250
TATA Steel: CCI Greenlights Cos Purchase Of 50.01% Stake In Thriveni Pellets
Hindustan Zinc: Nuvama on Hind Zinc Reduce, target price Rs 591
Hindustan Zinc: CITI on Hindustan Zinc Sell, target price Rs 585
Hindustan Zinc: Motilal Oswal on Hindustan Zinc Maintain Neutral rating with a target price of Rs 720 (earlier Rs 670)
Hindustan Zinc: HSBC maintains Buy on Hindustan Zinc with a target price of Rs 750
Hindustan Zinc: Jefferies On Hindustan Zinc Buy call, target price raised to Rs 750
Hindustan Zinc: Company Reports Industry-Leading EBITDA Margin Of 55% In Q3 FY26. For FY2026, Expected Growth Capital Expenditure Stands At Approximately $300 Million, With An Additional $120 Million Expected In Q4, While Maintenance Capital Expenditure For The Year Is Projected At $400 Million.
Hindustan Zinc: Cos Hedging Strategy Covers 10% to 20% Of Yearly Volume, With FY2027 Zinc Hedged At 66 KT For $3,117 And Silver At 56 Tonnes For $58. Renewable Energy Mix Set To Rise From 25% By FY2026 To 35%-40% Next Year, Aiming For 70% Later, Possibly Saving $20-$25 Per Tonne Or ₹250-₹300 Crore Annually.
Hindustan Zinc: Company Keeps FY2026 Silver Production Target at 680 Tonnes +/- 10 Tonnes, Anticipating a Strong Finish in Q4. The Ongoing Zinc Production Cost (Excluding Royalty) is Expected to Range from $950 to $1,000 Per Tonne, With FY2026 Expected to Be Below This Guidance.
HINDUSTAN ZINC: 9 MONTH REFINED METAL SILVER AT 451MT VS 511MT; DOWN 12%
Hindustan Zinc: Company Plans to Finish 510KTPA Fertilizer Plant by First Quarter of FY27
HINDUSTAN ZINC: CO SAYS SILVER PRODUCTION OF 158 MT, UP 10% QOQ, CONTRIBUTING 44% TO PROFITS, UNIQUELY POSITIONED FOR RIDING THE SILVER WAVE
HINDUSTAN ZINC: Q3 EBITDA 60B RUPEES VS 44.6B (YOY) -- Q3 EBITDA MARGIN 54.98% VS 54% (YOY)
HINDUSTAN ZINC: Q3 REVENUE 109B RUPEES VS 86B (YOY)
HINDUSTAN ZINC: Q3 SL NET PROFIT 39B RUPEES VS 26.8B (YOY)
Jindal Steel: Co To Review Q3 Earnings On January 30
NALCO: Nalco Eyes Foray Into Rare Earths, Magnesium, Chromite Amid Critical Minerals Push - Pti
Nalco: HSBC on Nalco – Buy – target price raised to Rs 420
Hindalco: HSBC on Hindalco – Buy, target price Raised to Rs 1240
Hind Zinc: HSBC on Hind Zinc to Buy, target price raised to Rs 750
Vedanta: Cos unit ESL Steel Gets Demand Notice For ₹1,255 Crores Over Production Shortfall From Odisha Mines Department
Lloyds Metals: Subsidiary Lloyds Global Resources Finalizes $90.8 Million Deal for 50% Stake in Nexus Holdco FZCO, Which Holds Copper Mining Assets in DR Congo
Vedanta: Kotak Inst Eqt on Vedanta Buy, target price raised to Rs 780 from Rs 650
Hindustan Zinc: Co To Consider Q3 Results On Jan 19
Vedanta: Nuvama on Vedanta Buy, TP Raised to Rs 806 from Rs 686
APL APOLLO TUBES LTD.: RS. 53.49 CRORES NSE BLOCK TRADE; FOR ~ 282,816 SHARES, AT RS. 1891.40
HINDALCO: RS 93.18CR BSE BLOCK TRADE; FOR ~1000593 SHARES, AT RS 931.25
NMDC Limited: Sets Iron Ore Prices Starting January 9, 2026; Baila Lump Is Priced At ₹4,600 Per Ton, While Baila Fines Are Set At ₹3,900 Per Ton; Prices Dont Include Taxes And Fees.
JSW Steel: JSW Steel USA in Ohio Contributed 0.20 Million Tons; Cumulative Production for First Nine Months of FY26 Increased by 12% Year-Over-Year to 22.65 Million Tons.
SW Steel: Co Reports Q3 FY26 Crude Steel Production At 7.48 Million Tonnes.
APL Apollo Tubes: Motilal Oswal on APL Apollo Tubes Maintain Buy with Target Price of Rs 2260 vs 2100
Vedanta: Company Clarifies That Delhi High Court Will Review Governments Decision Not To Extend Their Contract
Hindustan Zinc Ltd.: Rs. 41.97 Crores NSE Block Trade; for ~ 709,966 Shares, at Rs. 591.20
NMDC: Price Hike In January Domestic Iron Ore Price Set To Rise -- Nmdc Is Likely To Increase Iron Ore Prices By Rs 400/T In January - NDTV
Steel Authority: Investec on Steel Authority Raised to Buy; TARGET PRICE 190 rupees
Tata Steel: MS on Tata Steel OW, Target Price Rs 200
Tata Steel: HSBC on Tata Steel maintains Buy with Price Target of Rs 215
Tata Steel: Reports Crude Steel Production Of 6.34 Million Tons In 3QFY26
Adani Enterprises: Board Approves Early Closure Of NCD Issue On January 8, 2026
APL Apollo Tubes Ltd.: Rs. 16.75 Crores NSE Block Trade; for ~ 86,194 Shares, at Rs. 1943.00
Vedanta: HC Rejects Govt Argument That Vedantas Plea Not Maintainable -- HC To Govt, Ongc: Keep Status Quo On Cb-Os/2 Block; Next Hearing Feb 27
Vedanta: HC Notice To Govt Vedanta Plea No Extension To Cb-Os/2 Block Contract -- Govt Denied Vedanta Cb-Os/2 Block Contract Extension, Gave To ONGC
NMDC: Dalian Iron Ore Futures Climb 4% To Reach 828.5 Yuan Per Metric Ton, Highest Level Since July 23
Jindal Steel: Thyssenkrupp Considers Gradual Sale Of TKSE To Jindal Steel - RTRS
Tata Steel: Co CEO and JSW Steels Managing Director Responsible in Antitrust Investigation - RTRS
APL Apollo Tubes Ltd.: Rs. 39.35 Crores NSE Block Trade; for ~ 200,037 Shares, at Rs. 1967.00
Vedanta: Company Achieves Record Q3 FY26 Alumina Production of 794 KT at Lanjigarh (+57% QOQ, +22% YOY) and Aluminum at 620 KT (+1% YOY), With 9-Month Totals of 2,034 KT Alumina (+32% YOY) and 1,842 KT Aluminum (+1% YOY)
Vedanta: Zinc India Achieves Record 3Q Mined Metal Production At 276 KT (+4% YOY) And 270 KT Refined Metal Output (+4% YOY), With Zinc International Production Rising By 28% YOY To 59 KT.
Adani Enterprises: Company Introduces Public Issue Of NCDs Valued At 10 Billion Rupees With An Annual Yield Up To 8.9%
Hindustan Zinc: Reports 4% Increase In Mined Metal Production Year-Over-Year, While Silver Production Sees A 1% Year-Over-Year Decrease
NMDC: Reports 18.7% Yearly Increase In Iron Ore Sales To 4.6 Million Tonnes, With Output Growing 15% To 5.4 Million Tonnes (Year Over Year)
Lloyds Metals And Energy: Reports A 50% Yearly Rise In Iron Ore Production To 12.9 Million Tonnes; DRI Production Grows 22% Yearly To 291,000 Tonnes; Pellet Plant Utilization Surpasses 95%
Apl Apollo Tubes Limited: Co. Reports All-Time High Sales Volume Of 916,976 Ton For Q3fy26; Increase Of 11% Yoy And 7% Qoq; 9mfy26 Sales Volume Reaches 2,566,363 Ton, Up 11% Yoy.
Adani Enterprises: Adani Defence Acquires 39% Stake In Flight Simulation Technique Centre For About ₹820 Crore.
Tata Steel: Completes Purchase Of 11 Billion Rupees In Tata Bluescope Steel Shares
Adani Enterprises: Co. Approves Issuance Of NCDs Worth ₹1,000 Crores
Hindalco: Novelis Reaches Subscription Deal With AV Minerals -- AV Minerals Plans To Purchase 5 Million Novelis Shares For $750 Million
Jindal Steel: Plans To Double Structural Steel Capacity At Raigarh To 2.4 MTPA By Mid-2028, Aiming To Boost Local Supply Of Heavy Sections And Cut Down On Imports.
Vedanta: Co Wins Bid For Depo Graphite-Vanadium Block After Meeting All Legal Requirements
NMDC: Signs Agreement With Colorado School Of Mines For Academic And Research Partnership
Adani Enterprises: Co Approves Public Issue Of Non-Convertible Debentures Up To ₹1,000 Crores; Draft Prospectus Submitted To BSE And NSE.
Tata Steel: High Court Continues Interim Protection For Tax Demand Notices Until January 8
TATA Steel: CCI Gives Green Light For Cos Full Control Over TATA Bluescope Steel
JSW Steel: Will Review Q3 Results On January 23
Vedanta: Co. Gets NCLT Green Light for Split into Separate Companies.
TATA Steel: Co. Wins Relief From ₹161.5 Crore GST Compensation Cess Case, With Demand And Penalty Cancelled
Adani Enterprises: Adani Group Plans To Foray Into Engine Mro As Well As Passenger-Aircraft-To-Freighter (P2f) Conversion, Betting Big On The Domestic Aviation Market -PTI
TATA Steel: Faces Tax Demand Of 4.93 Billion Rupees Along With A Penalty Of 6.39 Billion Rupees
Tata Steel: Buys 1.49 Billion Equity Shares Of T Steel Holdings For $150 Million
Adani Enterprises: Adani Group Is In Talks With Uttar Pradesh To Build 1,600 MW Of Small Modular Nuclear Reactors, Marking Its Entry Into India’S Newly Opened Private Nuclear Power Sector. - bbg
Adani Enterprises: Adani Group Is In Talks With Uttar Pradesh To Build 1,600 MW Of Small Modular Nuclear Reactors, Marking Its Entry Into India’S Newly Opened Private Nuclear Power Sector.
Adani Enterprises: Adani Plans Nuclear Energy Foray As India Allows Private Firms
Vedanta: Fitch Changes Vedanta Resources Outlook To Positive; Keeps IDR At B+"
Adani Enterprises: Artl Includes MRDP-III For Mithi River Renewal And Eco-Friendly Infrastructure Project
Vedanta: Company Executive States Plans to Clear All Debts in 3–4 Years. - cnbctv18
Vedanta: Executive Anticipates Demerger To Wrap Up By March-April 2026. - cnbctv18
Vedanta Ltd.: Rs. 32.21 Crores NSE Block Trade; for ~ 556,483 Shares, at Rs. 578.85
Vedanta: Company Gets NCLT Approval to Split into Separate Focused Companies.
Vedanta: NCLT Gives Green Light for Vedantas demerger.
Hindustan Zinc: Jefferies on Hindustan Zinc call Initiate buy call, target price at Rs 660
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