Rs 5,400 crore strategic investment and capex plan announced by India's largest stainless-steel manufacturer: Stock rallies around 4 per cent today!
Rs 5,400 crore strategic investment and capex plan announced by India's largest stainless-steel manufacturer: Stock rallies around 4 per cent today!

Rs 5,400 crore strategic investment and capex plan announced by India's largest stainless-steel manufacturer: Stock rallies around 4 per cent today!

The company's strategic blueprint, valued at approximately Rs 5,400 crores, underscores its commitment to emerge as one of the world's foremost stainless-steel producers.

Rakesh Deshmukh Article rating: 4.2

The company’s stocks have delivered impressive multibagger returns of over 4000 per cent to its shareholders.

Promoter group purchased 34,85,747 shares of multibagger stock; Releases all pledges in December quarter!
Promoter group purchased 34,85,747 shares of multibagger stock; Releases all pledges in December quarter!

Promoter group purchased 34,85,747 shares of multibagger stock; Releases all pledges in December quarter!

For critical sectors such as aerospace, defense, petrochemicals, and thermal power. On the capital expenditure front, the company has revised its guidance upwards, now targeting a capex of Rs 3,600 crore in FY24.

Karan Dsij Article rating: 3.5

The stock has exhibited remarkable growth, surging by 145.34 per cent in the past year and an astounding 781.02 per cent over the last three years, cementing its status as a significant wealth creator for investors.

2,300 per cent returns: This iron & steel company becomes the first Indian corporate to participate in the India-Singapore TradeTrust eBLs project after Chandrayaan 3!
2,300 per cent returns: This iron & steel company becomes the first Indian corporate to participate in the India-Singapore TradeTrust eBLs project after Chandrayaan 3!

2,300 per cent returns: This iron & steel company becomes the first Indian corporate to participate in the India-Singapore TradeTrust eBLs project after Chandrayaan 3!

The stock gave multibagger returns of 240 per cent in just 1 year, 750 per cent returns in 3 years and a whopping 2,300 per cent over a decade.

Kiran Shroff Article rating: 3.8

Earlier, Jindal Stainless Ltd, India's largest stainless-steel manufacturer, created a high-strength alloy steel for Chandrayaan-3's motor casing. Developed over 3 years, this heat-resistant grade aids ISRO by meeting quality standards, enhancing India's space endeavours.

Stocks below Rs 100: Only buyers seen in these scrips on May 23
Stocks below Rs 100: Only buyers seen in these scrips on May 23

Stocks below Rs 100: Only buyers seen in these scrips on May 23

The US equity index S&P 500 briefly fell into bear market territory during Friday’s session but recovered slightly to close almost flat.

Sayali Kotwal Article rating: 4.2

At 11.30 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues. The Asia Pacific markets showed mixed signs on Monday as global uncertainties continue to worry the investors. 

Overnight Digest: Stocks to be watched on February 09
Overnight Digest: Stocks to be watched on February 09

Overnight Digest: Stocks to be watched on February 09

Tata Steel, Bajaj Finance, Divis Labs, Reliance Industries and Bajaj Finserv were the top Nifty gainers, while losers were ONGC, Power Grid Corporation, IOC, SBI Life Insurance and Tata Consumer Products.

Shreya Chaware Article rating: 4.3

On Tuesday, equity benchmark indices broke the three-day losing streak and ended in green in the highly volatile session before the RBI policy outcome scheduled later in the current week.

 

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