1 / 9 Yes Bank | Private sector lender is facing two senior-level exits across in private and SME banking verticals, prompting a portfolio reshuffle, two people directly aware of the matter told CNBC-TV18 on the condition of anonymity. Dhavan Shah, Country Head of SME Banking, and Akshay Sapru, Country Head of Private Banking & […]
Metal Stocks Vedanta, NALCO, Hindalco tank up to 7% despite a weaker US Dollar – CNBC TV18
Shares of Indian Metal companies Vedanta Ltd., Hindalco Ltd., Hindustan Copper Ltd., NALCO Ltd., and Tata Steel Ltd. fell between 5% and 7% on Friday, April 4 after US President Donald Trump’s tariff announcements has roiled metals globally. Steel, Aluminium and other articles were exempt from any reciprocal tariffs announced by President Trump on Thursday […]
Market Rally: From Tata Motors to RIL, these stocks aided the 1,200-point rally on the Nifty – CNBC TV18
1 / 9 The Nifty 50 index made a low of 21,964 on March 4. In the 11 trading sessions post that, the index has gained over 1,200 points, ending close to the 23,200 mark on Thursday, March 20. 2 / 9 Index heavyweights have been significant contributors to this 1,200-point recovery, prominent among them […]
NMDC Steel outperforms other peer companies after DGTR recommends safeguard duty – CNBC TV18
Shares of NMDC Steel Ltd. are trading with gains of as much as 7.5% on Wednesday, March 19, and is outperforming most of its steel peers like JSW Steel Ltd., Tata Steel Ltd., and SAIL, which are trading with gains between 2% to 4%. The move in most of these steel stocks comes after the […]
JSW Steel, Tata Steel, SAIL shares in focus after the DGTR recommends imposing safeguard duty – CNBC TV18
Shares of India’s steel companies, JSW Steel Ltd., Tata Steel Ltd., Steel Authorituy of India Ltd. (SAIL) along with other names like Sarda Energy Ltd., Godawari Power & Ispat Ltd. and Shyam Metalics Ltd. will be in focus on Wednesday, March 19, after the Directorate General of Trade Remedies (DGTR) has recommended the imposition of […]
Tata Steel shares may retest ₹180 led by multiple positive catalysts, JPMorgan says – CNBC TV18
Global brokerage firm JPMorgan has maintained an ‘Overweight’ recommendation on Tata Steel and raised its price target to ₹180 over the next 12 months. This revision suggests a potential upside of over 20% from current levels. The foreign brokerage sees positive catalysts driving earnings growth for Tata’s Europe business. Investor interest in Tata Steel’s stock […]
Jefferies expects Metal stocks outperformance to continue; recommends buying these two names – CNBC TV18
Brokerage firm Jefferies on Monday, March 10, said it is positive on metal stocks. It said Hindalco, JSW Steel and Tata Steel have outperformed Nifty 50 by 15-20% in this calendar year, so far. The same was driven by optimism on China recovery, expectations of safeguard duty on steel in India and aluminium prices holding […]
Tata Steel infuses ₹10,727 crore into T Steel Holdings for debt repayment, UK restructuring – CNBC TV18
Steel major Tata Steel Ltd on Tuesday (February 25) said it has acquired 78.85 million ordinary equity shares for $1.24 billion (around ₹10,727 crore) from its wholly owned subsidiary, T Steel Holdings Pte Ltd. (TSHP). The investment, made on February 25, 2025, will be used to repay external debt in Tata Steel’s offshore subsidiaries and […]
Why are Steel stocks rallying in Friday’s trade – CNBC TV18
Steel stocks such as Tata Steel Ltd., SAIL, NMDC Steel Ltd., Maharashtra Seamless rallied up to nearly 10% on Friday, February 21. This has resulted in the Nifty Metal index being among the few indices that are trading with gains, while most of the other indices are in the red. Here are some of the […]
Stocks to Watch on February 19: RVNL, L&T, CONCOR, Infosys and more – CNBC TV18
1 / 9 RVNL | State-owned company said it has received a letter of acceptance from Rail Infrastructure Development Company (Karnataka) Ltd (K-RIDE) for the construction of nine stations under Corridor-4A of the Bengaluru Suburban Rail Project (BSRP). The ₹554.47-crore contract involves building one elevated and eight at-grade stations at Heelalige, Singena Agrahara, Huskur, Ambedkar […]