IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
With a better financial health, leading companies are now better placed to undertake expansion projects than they were in the past several years
This comes amid opposition from within the ruling BJP and cases pending in courts
Demand will be robust and India will quickly recover from Covid impact, he says
In a statement on Saturday, JSW Steel said its focus remained in India for now and it was not looking at acquiring any overseas assets
JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, people familiar with the matter said, as would-be buyers circle Sanjeev Gupta's global commodities empire
Top line up 51% to Rs 26,456 cr; last year's Q4 profit was just Rs 231 cr
JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry
Revenue from operations came in at Rs 26,934 crore for the quarter under review, an increase of over 50 per cent year-on-year
Hindustan Petroleum's (HPCL) fourth-quarter profit rose to Rs 3,018 crore from Rs 27 crore a year earlier on big inventory gains
In April, over 20,000 tonnes of LMO were supplied from firm's steel units; company was supplying 185 tonnes a day of LMO mid-April, which has now been raised to 1,200 tonnes
Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling
With modernisation of Baytown plate mill, the utilisations will more than double leading to conversion costs reducing by 33-40 per cent, says company
Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations
On Friday, Dharmendra Pradhan tweeted that steel units across India had supplied over 143,000 tonnes of liquid medical oxygen till now with steel CPSEs pitching in with 39,000 tonnes
Over the weekend, many companies stepped in to ease the bottleneck in supply and transportation of oxygen, as demand ran high with the surge in cases
Hopes to achieve target by April end, is working to rait further
JSW Steel's Italian subsidiary has completed the acquisition of remaining 30.73 per cent stake in GSI Lucchini SpA of Italy for one million euros
JSW Steel on Thursday reported nearly 6 per cent year-on-year increase in its output at 4.19 million tonne (MT) for the quarter ended March 31, 2021
JSW Steel surpassed Bajaj Finserv, Sun Pharmaceutical Industries and HDFC Life Insurance Company in market-cap ranking during intra-day trade