New Delhi: Here are some stocks that are likely to be in focus on Monday: State Bank of India: The state-owned lender posted a muted 0.9% growth in its net profit due to margin compression, higher loan loss provisions and a fall in other income. The board has approved fundraising […]
JSW Steel
After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector […]
Reliance Industries: The company’s Q1 consolidated profit was ₹17,448 crore, a decrease from ₹18,182 crore. Revenue grew by 11.5% to ₹2,57,823 crore from ₹2,31,132 crore. EBITDA rose by 2% to ₹42,748 crore from ₹41,906 crore. EBITDA margin was at 16.6%, down from 18.1%. Jio Platforms’ profit jumped by 11.7% to […]
Stock Market Today: Tata Steel, JSW Steel, Jindal Steel and Power, Steel Authority of India Ltd (SAIL) share price have risen 5-36% year to date. While the steel demand is expected firm in the country and Union budget is also expected to provide impetus to infrastructure and housing activities benefitting […]
In its recent earnings preview for the June quarter (Q1FY25), domestic brokerage Motilal Oswal Financial Services (MOFSL) forecast a 4 percent year-on-year (YoY) growth in Nifty50 earnings. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is expected to see a 10 percent YoY earnings growth for […]
Steel demand in India is booming thanks to rapid economic growth and the government push on infrastructure spending. Yet, the Street does not seem excited about the prospects of JSW Steel, one of the largest domestic producers of the metal. So far this calendar year, JSW Steel shares have risen […]
Q4 Results Review: JSW Steel share price price that has risen around 17% in last 6 months, scaled 52 week highs on Friday, ahead of Q4 results that were reported after market hours. JSW Steel reported sales and production growth remained strong and standalone sales at 5.69 MT in Q4 […]
Following are the top ten stocks that are likely to be in news during the special live trading session on Saturday: JSW Steel: The company on Friday reported a 64.54% fall in its consolidated net profit for the March quarter to ₹1,299 crore primarily due to higher coking coal prices. […]