News for Jindal Steel & Power Limited (JINDALSTEL.NS)

JSPL acquires Allied Strips Limited to expand steel products market, enhancing product portfolio and supply chain.

Buzzing stocks, stocks to watch: Zen Tech, CG Power, Max Financial, Adani Energy, Dixon Tech, Force Motors, M&M, BEML, BEL, Asian Paints, Jindal Steel & Power, Coforge, Ultratech Cement, HCL Tech, Adani Green Energy, P&S Bank, Zaggle Prepaid, Sandhar Rech, Rio Financial, CESC, Servotech renewable Uflex, Zensar Tech

Stocks including Infosys, UltraTech, HCL Technologies, HAL, Asian Paints, BEL, Jio Financial, PFC, Adani Green, ABFRL, Raymond and CESC will be in the spotlight on Friday, March 28.

DGTR recommends 12% safeguard duty on steel imports, boosting Tata Steel, SAIL, JSW stocks; analysts foresee price hikes.

Nifty metal settled with 2% gain. Tata Steel, Jindal Stainless, Hindsutan Zinc, Welspun Corp and JSW Steel among top gainers.

AMFI rejig: Stocks that have been excluded from the largecap list included Adani Total Gas, IDBI Bank Ltd, Shree Cement Ltd, Union Bank of India Ltd and BHEL.

NMDC Share Price: NMDC shares dropped 7% to ₹211.55 on NSE amid reports of Karnataka planning to hike iron ore duty. Over 2.5 crore shares traded by 1:30 PM.

Sensex, Nifty: There is a high probability of

There are signs of bottom formation and recovery in commodity prices such as cement, metals and oil, along with gross refining margins of oil companies, the brokerage said in a note to clients.

Jindal Group on Tuesday announced commissioning of a cement grinding unit of 1.5 million tonnes per annum in Odisha, as part of its Rs 2,200 crore expansion plan.

Motilal Oswal Financial Services has buy call on Jindal Steel & Power with a target price of Rs 1,200. The current market price of Jindal Steel & Power is Rs 1,027.

Coastal Energen promoters: The company said in a statement that the total financial commitment of the promoters to the project is Rs 7,097 crore, including Rs 5,847 crore offered as settlement to banks

Naveen Jindal, Jindal Steel & Power Limited (JSPL) Chairman, claimed that his company follows, ‘zero tolerance policy,’ after one of Jindal Steel executive sexually assaulted a passenger aboard an Abu Dhabi bound flight.

Indian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in a third straight week of gains powered by a rally in financials and the return of foreign investors.

Shivalic Power Control is planning to launch its public issue by the end of this month or early in July as it will be issuing 64,32,000 Equity shares.

Varun Beverages, Zomato, Jindal Steel & Power, Tube Investments of India, Aditya Birla Capital, UPL, Sanofi India, Chalet Hotels, Karur Vysya Bank and others will report their Q4 results later today.

Based on the OI percentage, 77 stocks saw long unwinding, which included Hindustan Copper, Oberoi Realty, HCL Technologies, Ramco Cement, and Apollo Tyres.

The company has submitted a financial bid for the KSK Mahanadi plant that is in insolvency proceedings, and which is being eyed by billionaire Gautam Adani's Adani Power and Anil Agarwal's Vedanta Ltd among others, a source aware of the matter said.

The company is one of the few manufacturers of CRS-grade rebars and supplies to the Indian armed forces as well as to other national infrastructure projects.