Steel

Nirmala Sitharaman urged the World Steel Association to establish a local base amid rising domestic demand, warning that unilateral tools like the EU's CBAM only redirect excess global capacity without fixing overproduction.

PSU stock SAIL opened at ₹168 per share on NSE today, as compared to previous close of ₹166.25 on Thursday.

Vedanta dividend 2026: The company’s board of directors approved an interim dividend of ₹5 per equity share with a face value of ₹1 each. The total dividend payout amounts to ₹1,955 crore.

Metal stocks show mixed Q2 FY27 performance expectations. Coal India and Tata Steel are favored, while Jindal Steel may underperform. EBITDA per tonne for steel companies is projected to decline due to higher costs and lower realizations. Coal India expected to see 22% YoY EBITDA growth.

Experts believe the Q2 FY27 production releases across the demerged Vedanta entities highlight sharp operational divergences, clearly separating structural compounders from assets facing operational headwinds

BLS e-Services and Veranda Learning Solutions will have stock split and spin-off record dates on October 6. To be eligible, investors must purchase shares by today, Monday, October 5.

From a long-term investment perspective, capital allocation must prioritise volume growth, structural cost advantages, backward integration, and return on invested capital, according to market experts.