Moderately valued’ metal stocks shine on bourses

Moderately valued’ metal stocks shine on bourses

Metal stocks were among the top gainers in Monday’s trading session on perceived moderate valuations, and after New Delhi initiated an anti-dumping probe on Vietnamese hot-rolled coil (HRC) imports. The Nifty Metal Index gained 1.87% while the benchmark Nifty advanced 0.13% on Monday. National Aluminium surged 4.35% on Monday followed by Hindalco which gained 4%. … Read more

JSW Steel: Full impact of capacity expansion will start coming in from FY26: JSW Steel MD

JSW Steel: Full impact of capacity expansion will start coming in from FY26: JSW Steel MD

Jayant Acharya, Joint MD & CEO, JSW Steel, says , from a volume perspective they are good to go. The hot strip mill in Vijayanagar has been commissioned. The integrated facilities are under commissioning in the next two months or so but as they ramp up, the production volumes will increase. Similarly, BPSL phase 2 … Read more