Tata Steel India’s crude steel production remained flat at 5.26 million tons year-on-year in the quarter ended June 30, 2025 while its delivery volumes fell nearly 4% YoY in Q1FY26 at 4.75 million tons versus 4.94 million tons reported by the company in the year ago period. Maintenance related shutdowns in Jamshedpur (reline of G … Read more
Shares of Tata Steel climbed as much as 1.7% on Thursday, extending a two-day rally to 5.5%, buoyed by firm global cues, a rebound in metal prices, and optimism surrounding the company’s UK operations. The stock has surged over 7% in the past week and is up 21% in the last six months, even as … Read more
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more
In a stunning reversal of fortune, at least 40 companies pulled off a comeback story, shifting from losses in FY24 to profits in FY25. Stocks of nine of these companies have rewarded investors with multibagger returns exceeding 100%. Leading this remarkable turnaround brigade is Anil Ambani-led Reliance Power, which catapulted from a staggering loss of … Read more
In a market where the Nifty trades at 20 times FY27 PE, the immediate reaction is often to cry “overvaluation” based on historical standards. But Pankaj Pandey, Head of Retail Research at ICICI Direct, argues this approach is fundamentally flawed. The veteran analyst contends that India’s benchmark index has undergone a structural transformation that renders … Read more
Amnish Aggarwal, Head-Research, Prabhudas Lilladher, discusses the metal sector rally, noting raw material gains drove profits. Volume growth is crucial for further gains. Safeguard duties offer price support. MNCs are diluting stakes in Indian ventures due to valuation differences. Commitment levels and technology dependence are key factors. Stake reductions below 51% may signal reduced interest. … Read more
“Bank Nifty is also trying to get support around 55,000 which is the immediate put-based concentration,” says Rajesh Palviya, Axis Securities.So, the market is quite in a choppy zone right now. Before you give us you take on your picks for the day, I want to understand the support levels that you are looking at … Read more
“When you look at steel as a sector, the context is that the price is at a four-year low, then we had imports at a 10-year high and with 12% kind of a safeguard duty, our sense is that for a company like Tata Steel which did somewhere about Rs 12,000 per tonne kind of … Read more
JM Financial has launched its India Model Portfolio with a bullish stance on banks, infrastructure, and domestic demand plays, while staying cautious on expensive mid-cap and small-cap stocks and export-oriented sectors. The brokerage said it is overweight on banks, real estate, telecom, infrastructure, defence and oil & gas. The model portfolio marks a key shift … Read more
De-escalation in the US-China trade war sparked a strong rally in Indian metal stocks, which surged over 8% on Monday. The jump came after the world’s two largest economies agreed to significantly ease their tit-for-tat tariffs for a 90-day period. The rally was supported by a sharp uptick in global metal prices, driven by optimism … Read more