S&P BSE BasicMat News and Updates

Keep track of all breaking news on S&P BSE BasicMat from all sources in a single place.

Jubilant Ingrevia Ltd.

13 Jun 2025, 04:55PM

793.55

16.36%

Broker's call: Jubilant Ingrevia (Hold)

Business Line

PL Capital

Jubilant Ingrevia Ltd. has an average target of 735.00 from 1 broker.

Vedanta Ltd.

13 Jun 2025, 04:41PM

458.10

-0.52%

Vedanta To Consider First Interim Dividend For FY26 Next Week

NDTV Profit

The record date to determine the eligible shareholders for the Vedanta dividend, if declared, has been fixed as June 24.

Vedanta Ltd. is trading above all available SMAs

Shree Cements Ltd.

13 Jun 2025, 11:23AM

29610.00

-0.27%

'Buy' Shree Cement Shares Maintains ICICI Securities Here's Why

NDTV Profit

Given the improving outlook, ICICI Securities continues to value Shree Cement at 19 times FY27E EV/Ebitda and maintain Buy with a target price of Rs 35,330.

Shree Cements Ltd. is trading above its 200 day SMA of 27303.7

Steel Authority of India (SAIL) Ltd.

12 Jun 2025, 07:43PM

129.35

-0.48%

Rourkela Steel Plant commissions advanced ladle furnace to boost output

Business Standard

The Rourkela Steel Plant (RSP) of SAIL on Thursday said it has commissioned a state-of-the-art Ladle Furnace 2D (LF#2D). A ladle furnace is the second unit used to refine molten steel after it is produced in a primary furnace. It was commissioned in Steel Melting Shop-II on Wednesday. This achievement underscores RSP's commitment to technological modernisation, enhanced productivity, and a strong culture of safety, the company said in a statement. The newly operational LF#2D is a critical facility that will significantly boost productivity by ensuring a timely and efficient supply of liquid steel to the new slab caster alongside the existing ones. Alok Verma, Director In-Charge, RSP, with additional charge of Durgapur Steel Plant & IISCO Steel Plant said, Steel is not just what we make it is who we are. RSP is truly proud of everyone's sincere and hardworking efforts. He also congratulated everyone associated with the project for the successful commissioning of LF#2D. The LF#2

Number of FII/FPI investors increased from 215 to 233 in Mar 2025 qtr.

NMDC Ltd.

12 Jun 2025, 04:45PM

70.37

-2.83%

NMDC plans to hire nearly 1,000 in Chhattisgarh recruitment drive

Business Standard

This recruitment drive is part of the company's expansion strategy, focusing on bolstering operations within Chhattisgarh's strategically vital Bailadila mining sector

NMDC Ltd. is trading above all available SMAs

Insecticides (India) Ltd.

12 Jun 2025, 04:32PM

875.40

0.17%

Broker's call: Insecticides India (Buy)

Business Line

Axis Securities

Insecticides (India) Ltd. is trading above all available SMAs

Anupam Rasayan India Ltd.

12 Jun 2025, 01:13PM

1117.40

1.19%

Here's why Anupam Rasayan shares hit 52-week high today; details inside

Business Standard

By 12:50 PM, Anupam Rasayan shares were off highs, and were trading merely 0.20 per cent higher at 1,105.10 per share.

Promoters pledged 3.05% of shares in last quarter. Total pledge stands at 19.52% of promoter holdings

Vedanta Ltd.

12 Jun 2025, 12:44PM

458.10

-0.52%

Vedanta eyes investment grade rating, plans to cut debt to $3 bn by FY27

Business Standard

London-based Vedanta Resources Ltd (VRL) is targeting an investment grade credit rating on the back of its sustained deleveraging, the proposed demerger at its Indian subsidiary, Vedanta Ltd, and its robust growth, operational efficiencies and strong financial performance. VRL is committed to reducing its total debt from the current USD 5 billion to USD 3 billion by FY27 while strengthening its critical minerals, transition metals, energy and technology portfolio. A person aware of the matter said that VRL, at a recently held investor conferences in Hong Kong and Singapore, shared that the company is looking for an immediate credit rating upgrade to BB levels by proactively refinancing and prepaying its high-interest cost USD 550 million private credit facility due in August 2026. In the medium term, the company plans to achieve an investment grade rating on the back of its improved debt profile, financial and operational performance. Vedanta highlighted its robust earnings, health

Vedanta Ltd. has an average target of 522.75 from 5 brokers.

Adani Enterprises Ltd.

12 Jun 2025, 09:10AM

2507.90

-1.41%

Adani Ent, & 19 others to go ex-date on June 13 for dividend, bonus, rights

Business Standard

Ex-date for dividend, bonus, rights issue: The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues

Adani Enterprises Ltd. has an average target of 3801.00 from 1 broker.

Ambuja Cements Ltd.

12 Jun 2025, 08:23AM

542.50

-1.07%

Ambuja Cements Dividend: Last Day To Buy Shares To Qualify Details Here

NDTV Profit

Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment.

Ambuja Cements Ltd. has an average target of 653.11 from 9 brokers.

Is S&P BSE BasicMat worth buying?

5 Votes:

Buy 100.0%