Nifty Metal News and Updates

Name: Latest research reports of JSW Steel Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: JSW Steel Ltd.
Rating: 3
Author: Geojit BNP Paribas

Keep track of all breaking news on Nifty Metal from all sources in a single place.

Hindalco Industries Ltd.

24 Jun 2025, 11:35PM

669.40

1.21%

Hindalco To Acquire US-based AluChem Companies Inc For $125 Million

NDTV Profit

AluChem Companies Inc. specialises in the production of specialty alumina.

Hindalco Industries .. has an average target of 743.44 from 9 brokers.

Hindalco to acquire AluChem for $125 mn to grow speciality alumina reach

Business Standard | 24 Jun 2025, 10:52PM 2 more

Vedanta Ltd.

24 Jun 2025, 05:24PM

445.80

-0.90%

Vedanta Resources secures $600 mn loan to refinance private credit facility

Business Standard

London-based Vedanta Resources Limited (VRL), the parent firm of Mumbai-listed mining conglomerate Vedanta Ltd, has secured a term loan facility of up to USD 600 million that will be used to refinance a high-cost private credit facility, according to a communication sent to bondholders. The first tranche of USD 380 million has been committed, with the remaining USD 220 million expected to be finalised shortly with other participating banks. Lenders for the USD 380 million facility comprise a consortium of Gulf, Japanese, and European banks, including First Abu Dhabi Bank, Mashreq, Sumitomo Mitsui Banking Corp, and Standard Chartered. "The facility carries a door-to-door tenor of over four years, with an average maturity of approximately three years and a pricing of SOFR (Secured Overnight Financing Rate) plus 450 basis points. "This proactive refinancing, combined with internal cash flows, positions us to fully repay the PCF facility - substantially enhancing our credit profile by

Vedanta Ltd. is trading above its 150 day SMA of 442.3

Vedanta Resources posts profit of $1,617 million in FY25

Business Line | 24 Jun 2025, 02:33PM 2 more

Vedanta Ltd.

24 Jun 2025, 04:15PM

445.80

-0.90%

Vedanta's Runaya to invest 300-500 cr in rare earth processing & magnet-making facility

Business Line

The company could forge a joint venture with an international partner, a tech transfer or a partnership, to take the project forward

Vedanta Ltd. is trading below its 30 day SMA of 446.8

Adani Enterprises Ltd.

24 Jun 2025, 11:16AM

2505.60

1.36%

Adani AGM 2025: Read Gautam Adani's Full Speech To Adani Enterprises Shareholders

NDTV Profit

Adani lauded the government, both at the centre and across the states, for laying down the foundation for a historic transformation of the entire nation.

Adani Enterprises Ltd. is trading below its 30 day SMA of 2515.2

JSW Steel Ltd.

24 Jun 2025, 12:00AM

1007.00

1.00%

JSW STEEL LIMITED

Hold: JSW Steel Ltd.

Target

Geojit BNP Paribas

JSW Steel's outlook for FY26 remains positive, driven by expected strong demand growth of 8-10% in the Indian market. The company anticipates that its volume ramp-up would meet the increased demand, resulting in lower conversion costs compared to existing operations. Additionally, the focus on renewable energy and the expansion of large and efficient blast furnaces are expected to enhance the company's cost competitiveness. Coking coal costs are expected to decrease in Q1FY26. Overall, EBITDA is expected to improve due to better performance in US...

Geojit BNP Paribas increased Hold price target of JSW Steel Ltd. to 1091.0 on 24 Jun, 2025.

Hindustan Copper Ltd.

23 Jun 2025, 10:08PM

257.36

2.33%

Hindustan Copper eyes mine auctions to acquire critical minerals and rare earth elements blocks: CMD

Business Line

The Ministry of Mines and State governments may launch auctions of more critical mineral blocks in the coming two to three months.

Hindustan Copper Ltd. is trading above all available SMAs

Vedanta Ltd.

23 Jun 2025, 09:26AM

445.80

-0.90%

Vedanta Dividend: Last Day To Buy Shares To Qualify Details Here

NDTV Profit

Vedanta's board announced a final dividend of Rs 7 per share for financial year 2025.

Vedanta Ltd. is trading below its 30 day SMA of 446.8

Vedanta Ltd.

23 Jun 2025

445.80

-0.90%

Vedanta, 2 others to trade ex-dividend on June 24; do you own any?

Business Standard

Here is the complete list of stocks that will remain in the spotlight during today's trading session following their dividend announcements to shareholders as they go ex-date on Tuesday, June 24, 2025

Vedanta Ltd. is trading below its 30 day SMA of 446.8

Tata Steel Ltd.

23 Jun 2025

154.79

1.55%

TATA STEEL

Hold: Tata Steel Ltd.

Target

Geojit BNP Paribas

Tata Steel recorded a disappointing quarter on a YoY basis owing to lower price realisation across regions. However, profitability increased on account of cost optimisation measures and higher other income. Other helpful factors were the company's strong liquidity, strategic investments, cost-competitive measures launched across all regions, the upgradation of IT infrastructure to improve corporate expenses and the rationalisation of downstream operations are expected to drive future growth. Additionally, with relation to the US-UK trade deal, steel and aluminium tariffs on the goods of UK origin have now been eliminated, and this is...