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.

UltraTech Cement Ltd.

07 Jul 2025, 06:22AM

12506.00

0.87%

Analysts see 1525% upside in cement stocks despite valuation caution

Economic Times

Cement stocks are attracting buyers again. Prices have increased, and first quarter results are expected to be strong. UltraTech Cement and Ramco Cements show promising uptrends. Experts predict growth in the cement sector, driven by rising demand and cost efficiency. While near-term valuations may be full, cement remains a good long-term investment. Analysts recommend UltraTech and JK Cement.

Number of MF schemes increased from 113 to 122 in Mar 2025 qtr.

Vedanta Ltd.

06 Jul 2025, 05:44PM

459.05

0.16%

Vedanta ropes in Worley for $1 billion copper-cobalt blitz in Zambia

Business Line

Worley to engage with international experts for backward integration and identifying partners for critical mineral extraction projects

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

Adani Enterprises Ltd.

06 Jul 2025, 04:07PM

2599.10

-0.46%

Adani Enterprises to raise 1,000 crore via NCDs; issue opens 9 July

Business Standard

Second public NCD issuance by Adani Enterprises offers tenors of 24 to 60 months, interest options across eight series, and listing on both BSE and NSE

Adani Enterprises Ltd. is trading above all available SMAs

Adani Enterprises' 1,000 cr NCD issue to open on July 9

Business Line | 06 Jul 2025, 04:06PM 1 more

Hindustan Copper Ltd.

06 Jul 2025, 12:13PM

277.15

-1.26%

Hindustan Copper Taps World's Top Miner CODELCO To Ramp Up Production To 12 MTPA by 2030

NDTV Profit

Hindustan Copper Ltd. is trading above all available SMAs

Hindustan Copper shifts to underground mining, plans to double output amid surge in infra demand

Business Line | 05 Jul 2025, 05:17PM

Hindustan Copper Ltd.

06 Jul 2025, 11:49AM

277.15

-1.26%

Hindustan Copper plans new 400 crore concentrator plant in MP: CMD

Business Line

The state-run company expects to start the construction work on the new facility next year. Hindustan Copper currently has a 2.5 mtpa concentrator plant at Malanjkhand

Hindustan Copper Ltd. has gained 35.69% in the last 3 Months

Hindustan Copper to build new 400 crore concentrator plant in MP: CMD

Business Standard | 06 Jul 2025, 11:00AM

India Cements Ltd.

05 Jul 2025, 09:10PM

344.20

0.36%

Not under CCI investigation, matter relates to India Cements: UltraTech

Business Standard

The country's leading cement maker UltraTec, on Saturday said it is not under investigation by the fair trade regulator CCI over alleged contravention of competition norms in tenders floated by state-run oil major ONGC. "It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India (CCI). The company has neither received any order from the CCI in this case nor have the company's financials been sought by the CCI," said the Aditya Birla group flagship firm in a BSE filing. It further said that its newly acquired entity India Cements Ltd (ICEM) is a party in case No 35 of 2020 and the South-India-based manufacturer is exploring legal options over the same. "The India Cements Ltd (ICL), a subsidiary of the Company, is party to Case No. 35 of 2020 and is separately making appropriate disclosures in this regard, while exploring legal options," it said. India Cements, which was earlier promoted by the Srinivasan family

Number of FII/FPI investors decreased from 178 to 169 in Mar 2025 qtr

UltraTech Cement Ltd.

05 Jul 2025, 07:36PM

12506.00

0.87%

UltraTech Denies CCI Probe In Alleged Cement Cartelisation

NDTV Profit

UltraTech Cement called such media reports "false and misleading" and clarified that it is not under investigation in a case from 2020.

UltraTech Cement Ltd. has an average target of 13525.82 from 11 brokers.

Tata Steel Ltd.

05 Jul 2025, 04:29PM

163.01

-1.75%

Tata Steel to contest penalty on its Sukinda chromite mines in Odisha

Business Line

Tata Steel says Odisha government's demand lacks justification and substantive basis

Tata Steel Ltd. has gained 23.32% in the last 6 Months

Tata Steel Ltd.

04 Jul 2025

163.01

-1.75%

Tata Steel Gets Rs 1,903-Crore Demand For Mineral-Dispatch 'Shortfall'

NDTV Profit

Based on the revised assessment of the shortfall, the dispatch of minerals has fallen short for the fourth year in terms of Mine Development and Production Agreement.

Tata Steel Ltd. has an average target of 164.86 from 7 brokers.

Tata Steel receives 1,902 cr demand notice over 'shortfall' in mineral dispatch from Odisha block

Business Line | 04 Jul 2025 1 more

JSW Steel Ltd.

04 Jul 2025

1041.40

-0.45%

Sajjan Jindal bats for 'longer term solution' for Indian steel sector

Business Standard

JSW Steel chief flags risks from US tariffs, Chinese exports and global volatility, urging a sustained policy push to ensure competitiveness and fair returns on investment

JSW Steel Ltd. has an average target of 1046.25 from 8 brokers.

Is S&P BSE BasicMat worth buying?

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Buy 100.0%

Near 52W High of ₹8154.67

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.