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JSW Steel: India's imports of iron ore, a key raw material in steelmaking, are set to rise to a seven-year high in the fiscal year ending on March 31, driven by a shortage of high-grade ore and demand from JSW Steel, reuters reported. Overall imports are likely to reach 12 million to 14 million metric tons in 2025-26, more than doubling from a year earlier, analysts and trade officials said.
JSW Steel (₹ 1156 1.97% )
25 Mar 2026, 10:49AM
Tata Steel: The Company has today i.e., on March 24, 2026, acquired 178,57,14,286 equity shares of face value USD 0.1008 each aggregating to USD 180 million (~₹1,680.27 crore*) in T Steel Holdings Pte. Ltd (TSHP). Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the Company.
Tata Steel (₹ 196.65 3.07% )
25 Mar 2026, 10:48AM
Jindal Stainless: Company has commissioned its 1.2 million tonnes per annum (MTPA) stainless steel melt shop (SMS) in Indonesia through its joint venture, ahead of schedule. Additionally, the company has earmarked a fresh investment of ₹900 crore for its Hisar and Kharagpur facilities, which are expected to be commissioned by Q2FY28.The company’s total melting capacity will increase to 4.2 mtpa, including 3 mtpa in India. These new and expanded downstream facilities will enable the production of thinner cold rolled products tailored for high-growth industries. Following these expansion projects, the company will be able to increase its Cold Rolling capacity from 2.05 MTPA in FY26 to 2.67 MTPA by FY28, an increase of 0.62 MTPA. Positive
Jindal Stainless (₹ 724.2 0.94% )
25 Mar 2026, 10:18AM
Waaree Energies: The company has approved Rs. 3,900 crore capex for setting up a glass manufacturing plant (2,500 TPD capacity) through its wholly owned subsidiary.
Waaree Energies (₹ 3177.9 2.95% )
25 Mar 2026, 10:14AM
Ceigall India: Two tenders worth ~₹207 crore, where the company had emerged as L1 bidder, have been cancelled by the Punjab Infrastructure Development Board due to administrative reason. Negative
Ceigall India (₹ 275.4 3.85% )
25 Mar 2026, 10:13AMTWEETS BY @Sharekhan
