Jindal Stainless Hisar commissions 26,000 TPA capacity Precision Strip Mill
Jindal Stainless Hisar commissions 26,000 TPA capacity Precision Strip Mill

Jindal Stainless Hisar commissions 26,000 TPA capacity Precision Strip Mill

The capacity addition to JSHL’s Specialty Products Division is the first phase of the company’s brownfield expansion plan

DSIJ Intelligence Article rating: 4.4

On Wednesday, Jindal Stainless (Hisar) Limited (JSHL) announced the commissioning of the 26,000 tons per annum (TPA) capacity Precision Strip Mill as part of the first phase of its latest brownfield expansion plan at its state-of-the-art Specialty Products Division (SPD). This takes the total precision strip production capacity to 48,000 TPA from the existing 22,000 TPA. 

Overnight Digest: Stocks to watch out for on October 21
Overnight Digest: Stocks to watch out for on October 21

Overnight Digest: Stocks to watch out for on October 21

DSIJ Intelligence Article rating: 3.6

On Wednesday, the benchmark indices corrected led by the expensive side of the market where valuations were stretched. Most of the sectoral indices ended in the red although PSU banks were seen holding the trend with investors inclining for value in that space.

Overnight Digest: These small caps will be in focus on Thursday
Overnight Digest: These small caps will be in focus on Thursday

Overnight Digest: These small caps will be in focus on Thursday

Arihant Foundations and Housing, Ugro Capital, Transport Corporation of India, Mukta Arts, AMD Industries, Sangam (India), Art Nirman, Oriental Hotels and Rajnandini Metal made a fresh 52-week high today.

DSIJ Intelligence Article rating: 3.2

On Wednesday, post a volatile session, headline benchmark indices Sensex and Nifty ended with losses of 0.74 per cent and 0.83 per cent. Consumer durables, metal and utility stocks saw steep corrections.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The 52-week high refers to the highest market price of a given security over a 52-week (one year) period.

Avalokita Pandey Article rating: 4.0

Here’s a list of the stocks that are close to their 52-week high.

Stock at Stake: Is Axis Bank on the verge of a breakout?
Stock at Stake: Is Axis Bank on the verge of a breakout?

Stock at Stake: Is Axis Bank on the verge of a breakout?

Axis Bank is forming bullish pennant chart pattern.

DSIJ Intelligence Article rating: 4.4

Since March 2020, Axis Bank notched almost 189 per cent. Having said that, it is presently forming a bullish pennant chart pattern. Read on to find out more.

Five stocks witnessing short covering
Five stocks witnessing short covering

Five stocks witnessing short covering

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

Avalokita Pandey Article rating: 3.5

List of the stocks where sell positions are being covered in the F&O segment.

Five stocks witnessing long unwinding
Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.

Avalokita Pandey Article rating: 3.3

These are the stocks where profit booking is seen taking place in the F&O segment.

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