JSW Steel achieved crude steel production of 4.19 million tonnes in Q4FY21, registering a growth of 2 per cent QoQ and 6 per cent YoY. The company’s average capacity utilisation improved from 91 per cent of Q3FY21 to 93 per cent for Q4FY21. However, the capacity utilisation during the month of March 2021 was 96 per cent. 

On the stock-specific front, National Fertilizers Limited (NFL) and Rashtriya Chemicals & Fertilizers Limited (RCF) have logged double-digit gains in the initial hour of trade along with a massive jump in volumes.   

Ashok Leyland: Ashok Leyland via its subsidiary Switch Mobility Ltd, the UK-based EV producer of buses & vans announced global expansion plans into India as well as its plan to create two subsidiary companies. 

Tata Power Solar systems, the wholly-owned subsidiary of Tata Power, today announced a significant expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW.

Rajesh Exports announced today that it has bagged its first major order post-COVID worth Rs 745 crore of designer range of gold jewellery from Germany. The said order is to be completed by July 2021.

AGC Networks, an IT service management company, announced this afternoon that it has acquired a major stake in Z Services HQ DMCC in the Middle East region through its indirect subsidiary, Black Box Holdings Cayman Islands.

On Wednesday, Dr Reddy’s Laboratories announced the launch of Sapropterin Dihydrochloride powder for oral solution, 100 mg.  

The shares of IDFC First Bank gained after the company announced raising Rs 3,000 crore (approx.) through a qualified institutional placement (QIP) offer.  

The company announced the launch of its new manufacturing plant for structural steel fabrication in Hapur, situated in the state of Uttar Pradesh. 

Thomas Cook (India) Limited, which is India’s leading integrated travel service company announced that it has opened a franchise outlet in Varanasi known as Gold Circle partner.