SUMMARY Infosys, JSW Steel, Ashoka Buildcon will be among stocks that will be on the radar of investors when markets open on Monday, August 5. 1 / 10 2 / 10 JSW Steel | The firm has submitted a notice to surrender a mining lease for a block in Odisha, citing “uneconomic operation”. Jajang iron …
New Delhi/Mumbai: JSW Steel expects to improve margins in the ongoing fiscal year, driven by cooling input costs, rising steel prices, and enhanced operational efficiencies, Jayant Acharya, joint managing director and chief executive, said. “We had a strong financial year (FY24) in spite of Q4 challenges. We expect that FY25 will continue to be good …
In the afternoon session on January 24, the market displayed a robust rebound, primarily driven by short covering. However, it encountered significant resistance around the 21,500 mark. On January 24, the BSE Sensex surged by 690 points, reaching 71,060, and the Nifty 50 experienced a gain of 215 points, closing at 21,454. Despite the Nifty …
JSW Steel successfully completed the last tranche of ₹750 crore of strategic investment in JSW Paints, the Indian steel maker announced on Thursday. The investment was planned to be made in 3-4 instalments in last three years to fuel JSW Paints’ expansion plans. The flagship company of JSW Group, had announced to invest ₹750 crore …
Image Source: PTI Production in progress at the Steel factory As the Modi government aims to position India as a global manufacturing hub, foreign investment inflows are reaching new heights. Societe Generale, a financial services group based in Europe, has acquired a stake in Rama Steel Tubes, a leading steel pipes manufacturer. According to BSE …