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Tata Steel, JSW Steel, JSPL Share Price: Credit Suisse Downgrades Tata Steel, JSW Steel And JSPL

Credit Suisse downgraded its ratings for Jindal Steel & Power Ltd., JSW Steel Ltd., and Tata Steel. ....

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Jindal Steel & Power Ltd.: Working to bring down overall debt to below Rs 15,000 crore: JSPL MD

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For further extension or further increase in production, without spending or putting any capex, we feel that we will be in a position to deliver about 9 million tonne from our plants and that is the ultimate goal, said
Steel prices are strong as ever, but tell us what kind of realisations have you been seeing, on long products especially? Have we seen a full recovery from the February blip?
Worldwide, the steel industry has been passing through a different time. You see after the lockdown was lifted, the entire world started working to recover their losses. Europe was down for four to five months, the American industry was also down for three to four months, so is the steel industry in Korea, Japan and also in other South-Eastern Asian countries. China was down in the month of December, January and February, but from March they started seeing V-shape recovery. This is what India needs to do now. India was also down in the first quarter April, May, June and ....

United States , Mediterranean Sea , Oceans General , Arabian Sea , India General , Indian Ocean , Southeastern Asian , Jindal Steel Amp Power Ltd , Iron Ore , Vr Sharma , Indian Industries , Covid 19 , ஒன்றுபட்டது மாநிலங்களில் , மத்திய தரைக்கடல் கடல் , பெருங்கடல்கள் ஜநரல் , அரேபியன் கடல் , இந்தியா ஜநரல் , இந்தியன் கடல் , தென்கிழக்கு ஆசிய , ஜிண்டால் எஃகு ஆம்ப் பவர் லிமிடெட் , இரும்பு ஒரே , வ் ஷர்மா , இந்தியன் தொழில்கள் ,

Covid-proof stocks: 2 sectors that could prove to be Covid-proof this year

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There could be earnings upside in metals and cement and IT stocks, but not so much in FMCG, says
TCG AMC
There is a concern that the cyclical momentum we were seeing may come to a standstill as the sentiment becomes a little risk averse. Are there any pockets which will warrant some activity or do you see the sentiment getting further affected?
The second Covid wave will impact sentiment but clearly the vaccination drive will improve that sentiment. One of the things that India faces unlike other countries is the sheer number of vaccinations required. While about 7 crore vaccinations have already been done, that is a miniscule percentage of the overall population. The numbers vaccinated is equal to the UK’s population. That means developed economies with lower populations will get over with vaccination far faster and the bounceback will also be far faster than India. In India, achieving 30-40% vaccination will take several more months. ....

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Quick Wrap: Nifty Metal Index registers a drop of 2.01%, NIFTY Crashes 1.08%

Nifty Metal index closed down 2.01% at 3976.85 today. The index has added 21.00% over last one month. Among the constituents, APL Apollo Tubes Ltd rose 5.69%, Hindustan Copper Ltd dropped 4.97% and Jindal Steel & Power Ltd fell 3.72%.
The Nifty Metal index has increased 73.00% over last one year compared to the 34.04% spike in benchmark Nifty 50 index. In other indices, Nifty Financial Services index has slid 1.80% and Nifty Media index gained 1.60% on the day. In broad markets, the Nifty 50 has slid 1.08% to close at 15080.75 while the SENSEX has slid 1.16% to close at 50846.08 today.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....

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52-week high: Stock market update: 130 stocks hit 52-week highs on NSE

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Benchmark NSE Nifty index was trading 112.40 points up at 15094.40 on Thursday on account of buying in frontline bluechip counters.
Among the stocks that touched their 52-week highs on NSE were: Adani Enterprises, ADF Foods, Eveready Industries, Grasim Industries, IIFL Finance, HDFC Life Insurance Company, Jindal Steel & Power, MMTC, NBCC (India), Oil & Natural Gas Corporation, Piramal Enterprises, Siemens, Tata Steel, Tata Power and TVS Electronics.
Overall, 35 shares were trading in green in Nifty50 index, while 15 were trading in red in the afternoon trade.
In the Nifty 50 index, UPL , ONGC, IndusInd Bank, Coal India Ltd and Hindalco Industries were among top gainers, while Nestle India, ICICI Bank, Asian Paints, Titan Company and Hind. Unilever were trading in red. ....

Oil Natural Gas Corporation , Eveready Industries , Hindalco Industries , Indusind Bank , Adani Enterprises , Grasim Industries , Titan Company , Coal India Ltd , Life Insurance Company , Tata Steel , Piramal Enterprises , Insurance Company , Jindal Steel , Natural Gas Corporation , Tata Power , Nestle India , Asian Paints , Industrial Equipment , Building Materials , 52 Week High , Grasim Industries Ltd , Jindal Steel Amp Power Ltd , Siemens Ltd , Tata Steel Ltd , Hdfc Life Insurance Company Ltd , Adani Enterprises Ltd ,