Tata Steel Q2 Profit Jumps 272%, Shares Gain 3%
Tata Steel reports stellar Q2 FY26 results with 272% profit surge to ₹3,102 crore. Revenue grows 9% to ₹58,689 crore. Should you invest in this steel giant? Analysis inside.
Tata Steel reports stellar Q2 FY26 results with 272% profit surge to ₹3,102 crore. Revenue grows 9% to ₹58,689 crore. Should you invest in this steel giant? Analysis inside.
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
Tata Steel's Q2 net profit surged to ₹3,102 crore, driven by strong India deliveries and lower costs. The steel giant plans expansion and decarbonization. Read more for key insights.
ONGC's Q2FY26 earnings fell 3% to ₹17,700 crore, hit by lower crude prices. The company cut its FY26 production guidance. Discover the key challenges and future growth drivers.
JSW Steel is finalizing a deal to sell a 50% stake in Bhushan Power & Steel to Japan's JFE Steel for ₹15,000-16,000 crore. This strategic move aims to reduce debt and fund expansion plans. Read more.
SAIL chairman Amarendu Prakash faces legal complaint over fatal accident at Bokaro Steel Plant that killed contract worker Shivjogi Sharma during maintenance work.
Tata Steel's Q2 results test Europe revival plans & India's 40 mtpa expansion amid funding, demand pressures. Key profitability metrics to watch.
Discover why the global shift toward Electric Arc Furnace steel production is creating massive opportunities for graphite electrode manufacturers and investors in 2024.
ArcelorMittal reports impressive 31% surge in Q3 net income to $1.9 billion, driven by robust steel demand and strategic operational improvements despite challenging market conditions.
JSW Steel unveils aggressive expansion strategy to become world's fifth largest steel producer by 2030, targeting massive capacity increase and challenging Tata Steel's dominance in Indian steel sector.
In a dramatic Supreme Court hearing, justices expressed deep skepticism toward Trump-era steel tariffs that cost millions to Indian and global steel companies. The high-stakes case could reshape US trade policy.
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
Indian government unveils third PLI scheme phase for speciality steel sector, targeting massive ₹44,000 crore fresh investment and significant production capacity expansion to reduce import dependency.
India's ambitious Production Linked Incentive scheme for speciality steel attracts massive investments, creating thousands of jobs and boosting domestic manufacturing capabilities in the steel sector.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
The US Supreme Court is set to deliver a crucial verdict on Wednesday regarding the legality of former President Donald Trump's controversial steel tariffs, a decision that could significantly impact Indian steel exports and global trade dynamics.
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
Bokaro Steel Plant faces strict safety directives following multiple industrial accidents. Learn about the urgent safety audit and enhanced worker protection measures being implemented.
Discover why India's Gen Z is making the switch to steel cookware. From toxin-free cooking to better nutrition, learn the surprising health benefits driving this kitchen revolution.
In a major boost to India's manufacturing sector, ArcelorMittal Nippon Steel secures environmental clearance for its massive greenfield steel plant in Andhra Pradesh, promising significant economic growth and job creation.
SAIL's Bokaro Steel Plant pioneers revolutionary agricultural steel products designed to enhance farming infrastructure and reduce maintenance costs for Indian farmers.
Jindal Steel & Power reports stellar Q2 results with 64% profit surge while SAIL faces margin pressure. Analysis of India's steel sector performance and outlook.
Jindal Steel & Power faces leadership crisis as CEO Gautam Malhotra exits, marking the fourth senior departure in recent months. Discover how this management churn impacts India's steel industry.
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
Steel Authority of India reports mixed Q2 results with net profit dropping to ₹418 crore while total income shows growth. Complete analysis of SAIL's financial performance.
NMDC Steel shows impressive recovery with narrowed losses and significant production growth at Nagarnar plant. Read the complete financial analysis.
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
Tata Steel stock gains momentum as strong Q2 results and positive brokerage outlook drive investor confidence. Discover the key factors behind the steel giant's market performance.