Tata Steel's share price reached a new 52-week high of ₹182, continuing its upward trend for five sessions. Motilal Oswal upgraded its rating to 'Buy' with a target price of ₹210, citing strong expected cash flow and ongoing expansion plans.
2 min read28 Oct 2025Key metal stocks including National Aluminium, Tata Steel, and Jindal Stainless saw gains on October 3, with the Nifty Metal index reaching a record high. Factors like a weakening US dollar, potential EU steel tariffs, and rising demand are driving the rally.
2 min read3 Oct 2025Given the strong volume growth outlook and improved margin visibility, Axis has raised its target EV/EBITDA valuations for all steel companies under its coverage to a 10% premium over the past 10-year average.
2 min read26 Sep 2025Hindustan Copper's stock rose 7% to ₹330, driven by rising copper prices due to supply disruptions. The London Metal Exchange's copper price reached a 15-month high amid Freeport-McMoRan's production issues, underscoring market vulnerability to global supply shocks.
2 min read25 Sep 2025The Nifty Metal index closed in the green for the fifth straight day on Thursday, September 11, gaining nearly 2% and rising to its highest level in nearly 11 months. During this period, index stocks have also gained up to 6%, with Adani Enterprises among the top leaders.
3 min read11 Sep 2025Tata Steel, JSW Steel, SAIL, and JSPL shares rose up to 3% after a safeguard duty on steel imports was recommended for three years. The 12% duty aims to protect domestic manufacturers from increased imports, following a probe by the DGTR that highlighted serious injury to local producers.
2 min read18 Aug 2025Domestic metal stocks, including Hindustan Copper and Tata Steel, experienced a significant decline of up to 3.5% after President Trump announced a 50% tariff on copper imports, raising concerns over potential expansions of tariffs on other commodities.
2 min read9 Jul 2025Metal and mining stocks witnessed a largely positive trading session, with several major players registering notable gains.
1 min read2 Jul 2025Stock Market Today: The Nifty Metal Index has been rebounding up almost 5% in a week. After volatile H1CY25, hopes rise on recovery and better H2 led by improving base metal prices and strong demand for ferrous and non-ferrous, even though monsoons may impact steel price in the near term
3 min read27 Jun 2025Stock Market Today: The Nifty Metal Index gained more than 2% in the intraday trades on Tuesday following the Israel-Iran ceasefire news. From Tata Steel to SAIL, share prices of various metal stocks gained up to 4%, while NMDC Hindustan Copper were also among the key gainers
1 min read24 Jun 2025The 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