Market Updates
Trump’s 50% Steel Tariff May Not Hit India Directly, but Global Trade Sentiment at Risk
Former US President Donald Trump has announced a sharp hike in import tariffs on steel and aluminium, doubling them to 50% starting June...
Welspun Corp Q4 Profit Rises 160%, Amid Revenue Decline
Welspun Corp, the largest Indian producer of specialty steel pipes and tubes, has reported a steep 160% increase in consolidated net profit in...
RINL to Monetise ₹200 Cr in Land Assets in FY26 Amid Financial Strain
In a continued effort to stay afloat amid mounting financial pressure, state-run steelmaker Rashtriya Ispat Nigam Ltd (RINL) has identified non-core land parcels...
Prestige Estates Q4 Profit Drops Sharply to ₹43.10 Cr; Launches ₹800 Cr Project in Bengaluru
Giant realty firm Prestige Estates Projects saw a sharp 81.7% fall in fourth-quarter FY25 net profit of ₹43.10 crore from ₹235.90 crore in...
Auto Sector Braces for Profit Squeeze as 12% Steel Duty Kicks In
India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
Surging Material Costs Cripple Coimbatore’s Construction Sector; Industry Demands Government Intervention
The construction industry in Coimbatore is reeling under unprecedented cost pressures as the prices of essential raw materials such as jelly, M-sand, and...
Birla Nu Sees 80% Volume Surge in Q4; Eyes Growth Through Innovation and Expansion
Riding high on a sharp focus on growth segments and capacity expansion, C.K. Birla Group company Birla Nu posted a remarkable 80% jump...
NMDC Embraces Index-Based Pricing, Signals ₹12,000 Cr Capex Push and Record April Performance
In a move that could reshape India’s iron ore pricing landscape, state-owned mining major NMDC Ltd has launched a trial run of index-based...
Berger Paints Outshines Rivals in a Muted Quarter for Paint Industry
The January–March quarter (Q4) of FY25 proved challenging for India’s paint industry, with overall revenue growth among major listed players crawling in at...
Sarda Energy & Minerals Posts 15% Jump in Q4 Profit, Annual Net Rises 34%
Indian steel and mineral producer Sarda Energy and Minerals Limited on Monday reported a 14.74% year-on-year rise in its net profit for the...
