Tag

Metals & Mining

55 articles
The metals and mining sector demonstrated robust production figures in the second quarter, with several companies reporting record levels. Hindustan Zinc led the way, achieving record mined and refined metal production driven by higher ore output and debottlenecking projects, while Vedanta Iron and Steel saw a 4% increase in steel production. Lloyds Metals also highlighted a best-ever H1, fueled by significant increases in iron ore, DRI, and pellet production following the commissioning of a new pellet plant. However, Hindalco terminated its AluChem acquisition due to closure delays, maintaining its focus on specialty alumina. These developments suggest continued operational strength within the sector, though strategic shifts and external factors like bauxite policy challenges remain relevant considerations for investors.
VISL Q2 Steel Production Up 4% YoY
Vedanta Iron and Steel Limited reported Q2 FY27 production results with steel saleable output up 4% YoY to 532 units. Iron ore production declined 13% YoY to 1.52 Mn DMT, with mixed performance across
Hindustan Zinc Q2 Production Hits Record Levels
Hindustan Zinc reported record Q2 FY27 mined metal production of 271kt, up 5% YoY, driven by higher ore output. Refined metal production reached 264kt in Q2 FY27, a 7% YoY increase, supported by debot
MSP Steel 57th AGM Voting Results Approval
MSP Steel & Power submitted voting results for its 57th AGM held electronically on September 30, 2026. All eight resolutions were approved, including financial statements adoption and managerial remun
Shyam Metalics Maharashtra MoU for ₹50,000 Crore Steel Plant
Shyam Metalics executed a non-binding MoU with Maharashtra Government for a 9 MTPA Greenfield Integrated Steel Complex. The project involves an estimated investment of ₹50,000 Crore and will create ap
Hindalco Terminates AluChem Acquisition Agreement
Hindalco and AluChem mutually terminate acquisition due to extended closure delays beyond either party's control. The termination follows multiple previous updates since June 2025 regarding the propos
Vedanta Aluminium Bauxite Policy Writ Petition Dismissed
Vedanta Aluminium Metal Ltd intimated dismissal of its writ petition by Orissa High Court. The petition challenged the provisions of the bauxite linkage policy of the state. The company is reviewing t
Tata Steel NCLT Approves Rujuvalika Investments Amalgamation
NCLT Mumbai Bench sanctioned the Scheme of Amalgamation between Tata Steel and its wholly-owned subsidiary Rujuvalika Investments, effective from Appointed Date 1 April 2023. The scheme aims to simpli
M Tek Copper Promoter Vishal Monpara Sells 8,500 Shares
M Tek Copper Limited files SEBI-mandated disclosure of promoter share sale under insider trading regulations. Promoter Vishal Talsibhai Monpara sold 8,500 equity shares via open market transaction on
M Tek Copper Promoter Vishal Monpara Sells 8,500 Shares
M Tek Copper Limited discloses promoter Vishal Monpara's sale of 8,500 equity shares via open market transaction on September 30, 2026. The transaction reduces Monpara's holding from 5.026% to 4.996%
MOIL Increases Manganese Ore Prices 5% for October 2026
MOIL Limited announces 5% price increase for all ferro grades of manganese ore effective October 1, 2026. Price hike applies to both Mn-44% and above grades and Mn-below 44% grades, chemical grades, S
Impex Ferro Tech 31st AGM Resolution Passes with 99.99% Approval
Scrutinizer's report for Impex Ferro Tech's 31st AGM held via video conference on September 30, 2026. Shareholders approved adoption of audited financial statements for FY26 with 99.99% votes in favor
NMDC September 2026 Iron Ore Production & Sales
NMDC reports provisional iron ore production of 4.04 MT in September 2026, a 7.7% YoY increase from 3.75 MT. Iron ore sales for September 2026 were 3.51 MT, showing a 9.5% YoY decline compared to 3.88
Jayaswal Neco Appoints Rana Das President Materials Management
Jayaswal Neco appointed Shri Rana Das as President (Materials Management), a Senior Management Personnel role, effective October 1, 2026. Das brings over 30 years of experience, including 25 years in
Electrosteel Promoter Group Buys 2.68 Crore Shares
Electrosteel Castings promoter group entities and individuals purchased 2.68 crore equity shares via market purchases on NSE. Total acquisition value amounts to ₹194.45 crore across transactions execu
Vedanta Shareholders Approve ESOP/ESPP Schemes and Director Reappointments
Vedanta Limited shareholders approved all 10 resolutions via remote e-voting, including new employee stock option and share purchase plans. The company secured approval for secondary share acquisition
Bansal Wire Q2 FY27 Sales Volume Up 12.44% YoY
Bansal Wire announced Q2 FY27 sales volume of 128,867 MT, a 12.44% YoY increase. H1 FY27 sales volume reached 240,812 MT, marking 10.10% growth compared to H1 FY26. The company reported its highest-ev
Lloyds Metals H1FY27 Operational Update Record Production
Lloyds Metals reports best-ever H1 operational performance with iron ore production up 36% YoY to 10 million tonnes. DRI production surges 104% YoY to 343,064 tonnes while pellet production jumps 372%
Vedanta Iron And Steel Shareholders Approve All Resolutions
Vedanta Iron And Steel shareholders approved all nine resolutions via postal ballot, including the appointment of S.R. Batliboi & Co. LLP as statutory auditors. Shareholders approved the implementatio
Hilton Metal Forging 21st AGM Voting Results
Hilton Metal Forging held its 21st AGM on September 30, 2026, passing all three resolutions with overwhelming shareholder approval. Total voter participation was 19.40% of outstanding shares, with 99.
Mishra Dhatu Nigam 52nd AGM Voting Results
Mishra Dhatu Nigam Ltd submitted voting results for its 52nd AGM held on September 30, 2026 via video conferencing. All eight proposed resolutions were passed, including adoption of FY26 financial sta
NMDC Steel 11th AGM Voting Results: All 8 Resolutions Passed
NMDC Steel Limited held its 11th Annual General Meeting (AGM) on 28th September 2026 via video conferencing. All eight proposed ordinary resolutions were passed, including adoption of FY26 financial s
NMDC 68th AGM Approves All Nine Resolutions
NMDC Limited held its 68th Annual General Meeting on 28th September 2026 via video conference to vote on nine resolutions. Shareholders approved all resolutions including final dividend of ₹1.00 per s
M Tek Copper Promoter Vishal Monpara Sells 1,000 Shares
M Tek Copper Limited discloses a promoter's open market sale of 1,000 equity shares, as mandated by SEBI Takeover Regulations. Promoter Mr. Vishal Talsibhai Monpara's holding decreased from 5.03% to 5
M Tek Copper Promoter Vishal Monpara Sells 9,000 Shares
M Tek Copper Limited discloses a promoter share sale of 9,000 equity shares, executed via open market transaction on September 25, 2026. The disclosure is a mandatory filing pursuant to Regulation 7(2
M Tek Copper Promoter Rajesh Patel Sells 9,000 Shares
M Tek Copper Ltd discloses promoter Rajesh Patel's sale of 9,000 equity shares via Form C filing. The transaction executed on open market reduced Patel's holding from 4.99% to 4.96% of company equity.
M Tek Copper Promoter Sells 9,000 Shares
M Tek Copper Limited discloses promoter Rajesh Patel's sale of 9,000 equity shares via open market transaction. The sale reduced Patel's holding from 4.99% to 4.96% of the company's total voting capit
M Tek Copper Promoter Sells 0.91% via Gift
M Tek Copper Limited files a SEBI Takeover Regulations disclosure regarding a promoter's share transfer. Promoter Vishal Talsibhai Monpara sold 250,000 shares (0.91% stake) via an off-market gift tran
M Tek Copper Promoter Vishal Monpara Sells 10,000 Shares
M Tek Copper Ltd discloses promoter Vishal Monpara's sale of 10,000 equity shares via open market transaction. The transaction reduced Monpara's holding from 6.00% to 5.97% of the company's paid-up ca
M Tek Copper Promoter Rajesh Patel Sells Shares
M Tek Copper Limited discloses a promoter share sale under SEBI insider trading regulations. Promoter Rajesh Odhavjibhai Patel sold equity shares in the company on September 25, 2026. The disclosure w
M Tek Copper Promoter Divya Monpara Sells 10,000 Shares
M Tek Copper Ltd discloses promoter Divya Arvindbhai Monpara's sale of 10,000 equity shares via open market transaction. The transaction reduced the promoter's holding from 4.75% to 4.71% of the compa
M Tek Copper Promoter Divya Monpara Sells 10,000 Shares
M Tek Copper Limited discloses promoter Divya Arvindbhai Monpara sold 10,000 shares via open market on September 24, 2026. The sale reduces the promoter's holding from 4.75% to 4.71% of the total voti
M Tek Copper Promoter Gifts 250,000 Shares
M Tek Copper Limited discloses a promoter's off-market gift of 250,000 equity shares pursuant to SEBI insider trading regulations. Promoter Rajesh Patel transferred shares representing 0.90% of the co
Gallantt Ispat Reports 21% FY26 Profit Growth, Declares Dividend
Gallantt Ispat reported FY26 net profit growth of 20.8% to ₹484.27 crore with revenue reaching ₹4,418.92 crore, driven by strong operational performance across all segments. The board recommended a fi
OMDC Q1 FY27 Net Profit ₹3.45 Crore
OMDC Board approved unaudited standalone financial results for Q1 FY27 ended June 30, 2026. Company reported net profit of ₹3.45 crore for the quarter, a significant improvement from previous periods.
NALCO Reports Record FY26 Production and Financials
Achieved highest-ever production across bauxite, alumina, and aluminium segments in FY 2025-26. Reported record financial performance with ₹17,843 crore revenue and ₹5,816 crore PAT, up 6% and 9% YoY.
Maithan Alloys Acquires 0.65% Stake in ESDS
Maithan Alloys disclosed an acquisition of 760,548 shares (0.65%) in ESDS Software Solution for ₹113.37 crore via stock exchange. The investment is for long/short-term benefits and is not a related pa
KIOCL FY26 Profit Turnaround Amid Audit Qualifications
KIOCL reported a net profit of ₹16.57 crore for FY26, a significant turnaround from a ₹204.58 crore loss in FY25, driven by record pellet dispatches and operational improvements. Auditors identified a
Nova Iron Steel FY26 Net Loss ₹1596.91 Lakhs
Nova Iron Steel reported audited FY26 net loss of ₹1596.91 lakhs with negative net worth of ₹2706.48 lakhs. Auditors issued qualified opinion citing five material issues including non-compliance with
Nova Iron Steel FY26 Net Loss ₹1596.91 Lakhs
Nova Iron Steel reported FY26 net loss of ₹1596.91 lakhs with auditors issuing qualified opinion over multiple compliance and disclosure issues. Company disposed charged assets to lender Shree Balaji
Golkonda Aluminium FY26 Net Loss of ₹3.40 Lakhs
Golkonda Aluminium Extrusions submitted its 38th Annual Report for FY25-26 to BSE, reporting a net loss of ₹3.40 lakhs versus profit of ₹6.48 lakhs previous year. The company will hold its 38th AGM on
B.C. Power Controls 18th Annual Report FY 2025-26
Company will hold 18th AGM on September 30, 2026 via video conference to approve financial statements and director reappointments. FY 2025-26 revenue increased to ₹9,745.20 lakhs while net profit decl
Mipco Seamless Rings FY26 Net Profit ₹8.76 Lakhs
Company submitted Annual Report for FY 2025-26 and notice of 46th AGM to be held on September 29, 2026 via video conferencing. Reported revenue of ₹431.12 lakhs and net profit of ₹8.76 lakhs, a signif
Bothra Metals & Alloys FY26 Revenue Up 6.2%
Bothra Metals & Alloys reported 6.22% revenue growth to ₹27.44 crore in FY25-26, with PAT of ₹27.30 lakh. The company maintained an asset-light B2B aluminum scrap trading model while manufacturing pla
Nagpur Power Reports FY26 ₹23 Crore Consolidated Loss
Nagpur Power reported consolidated net loss of ₹23.06 crore for FY26, reversing from ₹23.78 crore profit in FY25 despite 35% revenue growth to ₹841.23 crore. The company disclosed increased borrowings
Maan Aluminium FY26 Results Show Profit Dip at AGM
Maan Aluminium will hold its 23rd AGM on September 28, 2026 to approve FY26 financial statements and reappoint three executive directors. FY26 revenue remained steady at ₹819.22 crore with net profit
Bedmutha Industries FY26 Revenue Jumps 40% Despite Profit Decline
Bedmutha Industries reported ₹146.67 crore revenue for FY26, a 40% increase from FY25, driven by strong growth in steel and copper segments production and sales. Net profit declined 72% to ₹7.05 crore
Maxgrow India 33rd AGM Notice and FY26 Results
Maxgrow India convenes 33rd AGM on September 28, 2026, to adopt FY26 financial statements and appoint directors/auditors. Company reports consolidated revenue of ₹22,426.34 crore and profit of ₹450.28
Sprayking FY26 Profit Drops 82.9% Amid Production Disruptions
Sprayking Limited reported an 82.9% decline in standalone net profit to ₹37.69 lakhs for FY26, with total income falling to ₹5,397.76 lakhs due to production disruptions and weaker demand. The company
Scoda Tubes FY26 Revenue Up 7% to ₹518.7 Crores
Scoda Tubes reported FY26 revenue growth of 7% to ₹518.7 crores with PAT up 22.4% to ₹38.8 crores, while exports increased 39% to ₹179.5 crores. The company completed its IPO in June 2025, raising ₹22
Geekay Wires Promoter Group Acquires 4126 Shares
Geekay Wires Ltd discloses promoter group entity Mr. Ghanshyam Dass HUF acquired 4126 equity shares via on-market purchase. Transaction executed on 28 August 2026 and reported to exchange on 31 August
M Tek Copper Promoter Divya Monpara Sells 50,000 Shares
M Tek Copper discloses promoter Divya Monpara's sale of 50,000 equity shares via Form C filing. The transaction executed on August 19, 2026, represents a reduction in promoter holding. Disclosure made
M Tek Copper Promoter Sells 1.5 Lakh Shares
M Tek Copper Ltd files SEBI PIT Regulation 7(2) disclosure for promoter Rajesh Patel's equity share sale. Promoter Rajesh Odhavjibhai Patel sold 150,000 equity shares on the National Stock Exchange. T
M Tek Copper Promoter Rajesh Patel Sells 2,500 Shares
M Tek Copper Limited discloses promoter Rajesh Patel's sale of 2,500 shares via open market transaction on August 18, 2026. The sale reduces Patel's holding from 6.08% to 5.93% of the company's total
RR Metalmakers Open Offer for 26% at ₹23.85/Share
RB International Holdings, Suyog Desai, and Nikita Desai launch a mandatory open offer to acquire 26% of RR Metalmakers India Ltd at ₹23.85 per share. The offer is triggered by an underlying share pur
Nova Iron Promoter Group Inter-Se Share Transfers
Olympian Finvest and Aromatic Steel acquired 45.73M shares from fellow promoter group entities under SEBI SAST Regulation 10(1)(a)(iv) exemption. The transactions executed between June-July 2026 at ₹1