Metals News
Multibagger BMW Industries share price jumps 10% to 2-week high. Here’s why
BMW Industries’ shares surged 10% to ₹49.51 after announcing a Memorandum of Understanding with the Ministry of Steel for the Production Linked Incentive Scheme. The company plans to establish a greenfield downstream steel complex in Bokaro, Jharkhand, with significant production capacity.
2 min read25 Mar 2025Axis Securities upgrades SAIL stock to ’buy’, lifts target price on improving steel spreads
Axis Securities upgraded its rating on Steel Authority of India (SAIL) to ’buy’, raising the target price to ₹130. The firm anticipates improved steel spreads and EBITDA growth due to rising HRC prices and declining coking coal costs.
3 min read19 Mar 2025Nifty 50, Sensex end higher for third straight day as financials, realty lead gains; midcaps outperform
Indian markets showed resilience on March 19, with the Nifty 50 and Sensex achieving three-week highs despite global uncertainties. The broader market outperformed benchmarks, driven by interest in metal stocks following a recommended safeguard duty on steel imports.
3 min read19 Mar 20254 key reasons why Jefferies remains positive on metals with Tata Steel, Hindalco as its top picks
Stock Market Today: Metals index has remained Here are 4 key reasons why Jefferies remains positive on metals with Tata Steel, Hindalco as its top picks
2 min read10 Mar 2025Nifty Metal index records best single-day gain in 2 months. What’s behind the rally?
Indian metal stocks surged on March 5 as China maintained a 5% growth target for 2025 amid escalating trade tensions with the U.S. The Nifty Metal index rose 3%, with Hindustan Copper leading gains. China also announced a 4% budget deficit and retaliatory tariffs on U.S. goods.
2 min read5 Mar 2025Tariffs fracture aluminum industry: ‘It’s going to cost me a lot of money’
Trump’s plan to expand aluminum tariffs spells higher costs for can and component makers, but aluminum producers say imports have held down prices.
4 min read26 Feb 2025SAIL gets a reprieve from domestic demand in Q3 amid lower realization
SAIL’s Q4 performance should be better with stepped-up government infrastructure expenditure and lower coking coal prices.
2 min read13 Feb 2025These two metal stocks may withstand Donald Trump’s steel, aluminium tariffs
Despite Donald Trump’s tariff threats, experts see strong domestic metal companies weathering geopolitical headwinds.
4 min read12 Feb 2025Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks
JSPL and Hindalco are favoured among domestic metal firms as they navigate global price volatility in FY25. While JSPL performs well with long steel products, Hindalco faces headwinds from declining aluminium prices, though it remains a strong long-term investment option.
5 min read13 Jan 2025Dolly Khanna picks stake in this small-cap metal stock in Q3; shares rally nearly 5%
Dolly Khanna Portfolio Stock: Shares of Indian Metals & Ferro Alloys rose nearly 5% after investor Dolly Khanna acquired a 1.16% stake. The company reported a share price increase of 84% over the past year and has a market cap of nearly ₹5,000 crore.
1 min read6 Jan 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared