Search result for 'steel pipes'

Jindal Saw Acquires 31.20% Stake in ReNew Green Energy

December 17, 2024 19:05

Jindal Saw has acquired a 31.20% stake in ReNew Green Energy for an undisclosed amount. The acquisition aims to secure electricity at a concessional rate.

Venus Pipes & Tubes Q2 Profit Up 17% to Rs 23.7 cr

November 14, 2024 12:39

Venus Pipes & Tubes reported a 17% increase in profit after tax to Rs 23.7 crore for Q2 FY25, driven by strong export demand. Revenue rose to Rs 229 crore.

JTL Industries Wins Rs 265 Crore Order for Jal Jeevan Mission

November 7, 2024 12:46

JTL Industries secures a Rs 265 crore order to supply galvanized mild steel tubes for a project under the government's Jal Jeevan Mission in Jammu. The company is a leading producer of electric...

Hi-Tech Pipes Raises Rs 500 Cr via QIP - Business News

October 12, 2024 11:49

Hi-Tech Pipes successfully raised over Rs 500 crore through a Qualified Institutional Placement (QIP), attracting leading domestic and global investors.

Sambhv Steel Tubes Files Rs 450 Cr IPO | IPO News

October 1, 2024 14:01

Sambhv Steel Tubes, a leading ERW steel pipes manufacturer, files for a Rs 450 crore IPO. The IPO includes a fresh issue and an offer-for-sale by promoters. Learn more.

JSW Group Confirms Odisha EV Project: Rs 40,000 Crore Investment

September 24, 2024 16:06

JSW Group clarifies its EV and battery project in Odisha is not being withdrawn despite media reports. The Rs 40,000 crore investment is still planned for the state, including an EV plant, lithium...

Odisha Approves Rs 39,271 Crore Investments, Creating 17,098 Jobs

September 19, 2024 11:09

Odisha government approves 12 industrial projects worth Rs 39,271 crore, generating 17,098 jobs across sectors like ESDM, steel, and chemicals. The projects will be located in eight districts.

Jindal India Enters Battery Storage Market | Renewable Energy

September 18, 2024 13:25

Jindal India Renewable Energy announces foray into battery energy storage, aiming to build a 1 GWh battery pack assembly line by 2025 and 5 GWh cell manufacturing capacity by 2027.

India Extends Anti-Subsidy Duty on Chinese Chemical for 5 Years

September 13, 2024 15:12

India extends countervailing duty on Atrazine Technical from China for 5 years to protect domestic producers. The duty, imposed in 2019, aims to counter subsidized exports.

Hi-Tech Pipes Wins Rs 105 Cr Order, Plans Rs 600 Cr Fundraise

August 20, 2024 13:21

Hi-Tech Pipes secures Rs 105 crore order for steel pipes from renewable energy sector clients. The company also plans to raise Rs 600 crore through equity issuance.

Hi-Tech Pipes Q1 Profit Soars Over 2-Fold to Rs 18 cr

August 12, 2024 13:33

Hi-Tech Pipes reported a strong Q1 FY25 with net profit surging over 200% to Rs 18.05 crore on higher revenues. The company's revenue also saw a significant increase.

Tata Steel, Welspun Develop Hydrogen-Compliant Steel Pipes

August 2, 2024 17:51

Tata Steel and Welspun Corp have jointly developed hydrogen-compliant steel pipes for transportation of gaseous hydrogen, marking a significant step towards green energy solutions.

Venus Pipes Q1 Profit Jumps 58% to Rs 27.5 cr

July 25, 2024 17:42

Venus Pipes & Tubes Ltd reported a 58% rise in Q1 profit to Rs 27.55 crore, driven by higher exports. Revenue rose 34% to Rs 240.1 crore. Read more.

Hi-Tech Pipes Aims for 13.5 MW Solar Capacity

July 24, 2024 14:48

Hi-Tech Pipes plans to increase its renewable energy capacity to 13.5 MW by December 2024, aiming for 30% of its power needs from green sources. The company is also exploring green hydrogen projects.

JTL Industries Q1 Profit Up 21% to Rs 31 Cr | Steel Pipes Maker

July 10, 2024 19:02

JTL Industries, a leading steel pipes maker, reported a 21% rise in net profit for the June quarter, driven by higher revenue and a production capacity of over 6 lakh metric tonnes per year.

Anti-Subsidy Duty on Steel Pipes from China, Vietnam Extended

June 24, 2024 15:57

India's DGTR recommends extending anti-subsidy duty on welded stainless steel pipes and tubes from China and Vietnam, citing potential injury to domestic industry.

Welspun Corp Associate Signs $3.67B Aramco Steel Pipe Contract

June 3, 2024 12:46

Welspun Corp's associate entity EPIC has signed multiple agreements with Saudi Aramco worth SAR 1.65 billion (around Rs 3,670 crore) for the supply of steel pipes. The contracts will be executed...

Man Industries Wins Rs 490 Crore Orders: Order Book at Rs 2,600 Crore

May 29, 2024 15:14

Man Industries secures new orders worth Rs 490 crore for steel pipes, boosting its order book to Rs 2,600 crore. The orders are for domestic and international projects in oil and gas, and water...

Infra.Market Raises USD 50 Million for Expansion

May 28, 2024 19:02

Startup Infra.Market secures USD 50 million from MARS Unicorn Fund to expand its construction materials business, targeting global markets.

Vibhor Steel Tubes Shares Surge 181% on Debut

February 20, 2024 11:16

Vibhor Steel Tubes shares soared 181% on their stock market debut, trading at Rs 425 on the NSE and Rs 421 on the BSE. The IPO was heavily oversubscribed, driven by institutional investor interest.

Vibhor Steel Tubes IPO Oversubscribed 300 Times

February 15, 2024 22:29

Vibhor Steel Tubes IPO was oversubscribed by nearly 300 times on the final day, driven by strong institutional investor interest. The IPO received bids for 1,07,36,25,993 shares against 35,92,445...

Rama Steel Tubes Q3 Net Profit Jumps to Rs 9 Crore

February 15, 2024 14:17

Rama Steel Tubes Ltd (RSTL) reported a 14% rise in its Q3 net profit to Rs 9 crore, driven by lower expenses, despite a decline in total income. Learn more about RSTL's Q3 performance.

Vibhor Steel Tubes IPO Over-Subscribed 101 Times

February 14, 2024 22:32

Vibhor Steel Tubes IPO receives a massive 101.30 times subscription on Day 2, with strong demand from all investor categories. Learn more about the IPO details, subscription status, and the...

Vibhor Steel Tubes IPO Oversubscribed 27.56 Times

February 13, 2024 22:51

Vibhor Steel Tubes IPO received 27.56 times subscription on Day 1, with strong interest from retail and non-institutional investors. The IPO closes on February 15.

Vibhor Steel Tubes IPO: Rs 22 cr from Anchor Investors

February 12, 2024 22:29

Vibhor Steel Tubes, a steel pipes and tubes manufacturer, has raised Rs 22 crore from anchor investors ahead of its IPO opening on Tuesday. The IPO will close on Thursday, February 15.

Surya Roshni Q3 Profit Up, Revenue Down: Slow Demand Hits Pipes

February 8, 2024 22:04

Surya Roshni Ltd reported a muted growth in Q3 net profit at Rs 90 crore, with revenue falling 4% to Rs 1,938 crore, attributed to slow demand in the steel pipes business.

Welspun Corp's Associate EPIC Bags Rs 3,000 cr Orders in Saudi Arabia

January 18, 2024 13:18

Welspun Corp's associate company EPIC has secured orders worth Rs 3,000 crore in Saudi Arabia, including contracts with SWCC and Aramco for steel pipes.

Jindal Saw Profit Surges to Rs 511.7 cr in Q3

January 16, 2024 17:38

Jindal Saw Ltd reported a strong Q3 FY24 performance with net profit soaring to Rs 511.7 crore, driven by higher income. The company's order book is robust, with 35% coming from global markets.

JTL Industries Q3 Profit Soars Over Rs 30 Crore

January 12, 2024 14:31

JTL Industries reported a 47% jump in net profit to Rs 30.18 crore in Q3 FY24, driven by strong revenue growth. Read more.

Jindal Saw Shares Offloaded for Rs 97 cr: Cresta Fund, Albula Investment Sell

December 19, 2023 22:33

Two entities, Cresta Fund and Albula Investment Fund Ltd, sold Jindal Saw shares worth Rs 97 crore through open market transactions. Flowers Valley, Globalworth Securities, HSBC Mutual Fund,...

JTL Industries Invests Rs 1,200 Crore in Maharashtra Project

December 19, 2023 14:17

JTL Industries'' board approves Rs 1,200 crore investment in JTL Tubes Ltd to set up a project in Maharashtra, funded by internal accruals and a proposed QIP.

Jindal Saw to Raise Rs 1,000 Crore - Business News

December 14, 2023 19:15

Jindal Saw Ltd has approved a plan to raise up to Rs 1,000 crore through equity shares and other securities, to be used for prepayment and repayment of borrowings.

Rama Steel Tubes Expands with 40,000 MT Project

December 5, 2023 18:18

Rama Steel Tubes announces a 40,000 MT backward integration expansion project at its Khopoli plant, aiming to cater to growing demand in the infrastructure and automotive sectors.

Surya Roshni Q2 Profit Rises to Rs 76 Crore

November 2, 2023 18:48

Surya Roshni's Q2 net profit surged to Rs 76 crore, driven by volume growth in steel pipes and lighting products, despite revenue decline.

Company Name
Price
Volume

Vodafone Idea L
9.51 (+ 1.60)
48628463

Rajnish Wellness
1.32 (+ 3.13)
35721691

Srestha Finvest
0.68 ( 0.00)
26261113

AvanceTechnologies
0.80 (+ 6.67)
12977564

Shangar Decor
5.56 (+ 1.83)
12830779

HUL Q3 Net Profit Up 19.18% to Rs 2,989 Cr

Hindustan Unilever Ltd (HUL) reported a 19.18% rise in consolidated net profit at Rs...

Rupee Rises 25 Paise to Close at 86.33 vs Dollar

The Indian rupee strengthened against the US dollar on Wednesday, supported by positive...

Namdev Finvest Secures USD 38 Million in Debt...

Namdev Finvest, an Indian NBFC, has secured USD 38 million in debt funding from DWM,...

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