BSE Metal News and Updates

Name: Latest research reports of Steel Authority of India (SAIL) Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Steel Authority of India (SAIL) Ltd.
Rating: 3
Author: IDBI Capital

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

NMDC Ltd.

04 Jun 2025, 06:26AM

69.72

-1.37%

NMDC Aims To Surpass Rs 30,000-Crore Revenue In FY26, Says Chairperson Mukherjee

NDTV Profit

In FY25, NMDC reported revenue from operations of Rs 23,668 crore, an 11% increase from Rs 21,294 crore in FY24.

NMDC Ltd. is trading below its 200 day SMA of 70.4

Vedanta Ltd.

03 Jun 2025, 09:57PM

433.55

-0.10%

Vedanta Launches Bond Issue For Raising Rs 4,100 Crore

NDTV Profit

The proceeds would be used for general corporate purposes, repayment or prepayment of the existing debt and for capital expenditure requirements.

Vedanta Ltd. is trading below its 150 day SMA of 443.1

Vedanta to raise 5,000 crore via unsecured bond issue for refinancing

Business Standard | 03 Jun 2025, 08:34PM

Tata Steel Ltd.

03 Jun 2025, 05:28PM

157.82

0.30%

Gukesh overcomes Erigaisi challenge to jump to second spot in Norway Chess

Business Standard

Reigning world champion D Gukesh continued to turn adversity into opportunity as he wriggled out of a virtually intractable position to beat compatriot Arjun Erigaisi for the first time ever in a classical game and jump to sole second position after round 7 of the Norway Chess. As has been the trend in Gukesh's campaign in this elite six-payer double round-robin tournament, the teenager, playing with white, showed nerves of steel to secure his second consecutive win, without going through the rigmarole of an Armageddon tie-break, to take sweet revenge for his loss to Erigaisi earlier in Round 2. The win, which came after a nerve-wracking victory against defending champion and world No.1 Magnus Carlsen, saw Gukesh, 19, overtake the 34-year-old Norwegian on the points table with 11.5 points. This was also Gukesh's first win in three attempts against Erigaisi, who had beaten the world champion at the Tata Steel Chess tournament in Wijk Aan Zee to spoil his title-winning chances, and th

Tata Steel Ltd. has an average target of 162.86 from 7 brokers.

Steel Authority of India (SAIL) Ltd.

03 Jun 2025, 11:52AM

131.11

0.69%

5 workers sustain burn injuries in mishap at SAIL's Bokaro Steel plant

Business Standard

At least five workers sustained burn injuries in a mishap at the Steel Authority of India Limited's (SAIL) Bokaro Steel Plant, an official said on Tuesday. The incident occurred at the Steel Melting Shop-2 (SMS-2) of Bokaro Steel plant where a spillage of hot metal from a ladle took place. "As per normal practice, water was sprayed to cool the spill, which resulted in the generation of a large volume of steam. All five workers came into contact with the steam and suffered burn injuries. They were rushed to Bokaro General Hospital where medical treatment was provided to them," the spokesperson told PTI. All are safe and have been discharged, he said. The official said that an internal inquiry is underway to determine the root cause of the spillage, whether due to mechanical failure or other factors. The plant operations have not been disrupted, he added.

Steel Authority of I.. has an average target of 129.00 from 5 brokers.

NMDC Ltd.

03 Jun 2025, 10:00AM

69.72

-1.37%

NMDC hits record iron ore output and sales in May

Business Line

NMDC is planning to double its iron ore production capacity to 100 million Tonnes by 2030, in response to India's growing steel demand

Motilal Oswal released a Buy report for NMDC Ltd. with a price target of 83.0 on 28 May, 2025.

Coal India Ltd.

02 Jun 2025, 07:22PM

393.40

0.14%

Coal India reports 1.4% fall in production in May at 63.5 mt

Business Line

Cumulative output up a tad at 125.6 million tonnes

Coal India Ltd. is trading below its 30 day SMA of 395.7

NMDC Ltd.

02 Jun 2025, 01:46PM

69.72

-1.37%

NMDC tests local iron ore pricing; shift from global index

Business Line

Sources said the new pricing formula will not link prices to any international index or exchange

NMDC Ltd. has an average target of 76.50 from 5 brokers.

JSW Steel Ltd.

01 Jun 2025

962.95

-1.11%

'India needs to dodge trade diversion risk due to steel tariff challenges'

Business Standard

India needs to be watchful of any increased risk of trade diversion into the country due to changing global tariffs, top steel industry executives said reacting to the tariff-related announcement by the US. Major steel players JSW Steel and AMNS India said there is a need to implement necessary trade measures proactively as every country is protecting their industry. US President Donald Trump on Friday told Pennsylvania steelworkers that he would double the tariff on steel imports to 50 per cent to protect their industry, a dramatic hike that could further increase prices for a metal used to make housing, autos and other goods. In a post later on his Truth Social platform, he said aluminum tariffs would also be doubled to 50 per cent, and both tariff hikes would go into effect Wednesday. "We need to implement necessary trade measures proactively and in time," JSW Steel Joint MD and CEO Jayant Acharya told PTI. Sharing his views, the industry leader said there is likely to be incre

IDBI Capital increased Hold price target of JSW Steel Ltd. to 966.0 on 26 May, 2025.

Tata Steel Ltd.

31 May 2025

157.82

0.30%

Short Take: Tata Steel F&O contract adjustments

Business Line

The company has decided June 6 as the record/effective date. On this day, the stock price and all derivatives contracts on Tata Steel will be adjusted appropriately

Tata Steel Ltd. is trading above all available SMAs

Tata Steel: European operations to start complementing Indian growth

Business Line | 31 May 2025

Steel Authority of India (SAIL) Ltd.

31 May 2025

131.11

0.69%

Steel Authority of India: Q4FY25 Result Review

Hold: Steel Authority of India (...

Target

IDBI Capital

SAIL's Q4FY25 performance exceeded our forecast on all parameters. Revenue grew 20% QoQ to Rs293 bn, driven by strong volume growth of 20% QoQ which included 0.36 mnT traded volumes from NMDC steel. NSR remained flat QoQ at Rs55,002/t. EBITDA stood at Rs 35bn (71.9%/0.2% QoQ/YoY), with EBITDA/tonne at Rs 6,350/t (43%/14% QoQ/YoY) which includes one-offs on account of revision of provisional rail prices amounting Rs 6.9bn. SAIL is setting up a TMT mill at Durgapur to further decrease the semi-finished product contribution and is expected to come up in 2.5 years which will further aid...

IDBI Capital increased Hold price target of Steel Authority of India (SAIL) Ltd. to 132.0 on 02 Jun, 2025.

Is BSE Metal worth buying?

66 Votes:

Buy 77.27%

Sell 13.64%

Hold 9.09%

BSE Metal PB	2.4
BSE Metal PE	15.7
BSE Metal DIV	2.8
BSE Metal EPS	1,944.2

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BSE Metal News and Updates

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