The JV will also augment, create, establish, set up, necessary plants including captive coal mining, coal beneficiation, import of coal equipment and infrastructure facilities, including other associated facilities for processing of coal.
Broader markets faced pressure as the NSE advance-decline ratio stood at 1:4. The Nifty Midcap Index fell 554 points to 51,970, while the Nifty Bank slipped 97 points to 51,608.
Jai Bala of cashthechaos.com expects the Nifty to see a pullback to levels of 23,200 followed by another swing high. He sees resistance at levels of 24,230 and supports at 23,275 and 23,100 levels.
Shares of JSW Steel have risen 18% so far in 2025, which have contributed to this surge in the company’s market capitalisation. The stock is also among the best performers on the Nifty 50 index so far in 2025.
The surge in stock prices followed Japan’s cabinet decision to impose a 95.2% anti-dumping duty on graphite electrode exports from China for four months as a provisional measure, effective March 29.
The new agreement comes at a significantly lower value than the previous $800 million deal with IBM, which ended in April 2024. The move is an effort by the cash-strapped firm to cuts costs
Probal Sen, Senior Research Analyst at ICICI Securities said that city gas companies such as Mahanagar Gas and Indraprastha Gas continue to see stronger-than-expected volume growth, driven by steady CNG conversions. However, Gujarat Gas faces external challenges due to shifting…
The brokerage firm likes companies with diversified EPC execution, presence in less competitive segments, a high book-to-bill ratio to navigate near-term weakness in order inflows, and reasonable valuations.
The agreement was signed on March 24, 2025, at Vigyan Bhawan, New Delhi, BMW Industries said in a stock exchange filing.
Growth in the food and grocery segment has remained steady during the quarter, seeing growth in the mid-single-digits, growth in the apparel industry has been “close to zero,” according to the RAI chairman.