JSW Steel on August 18 announced that it has signed an agreement with South Korean steel producer, Posco Group, to explore the possibility of jointly setting up a 6 million tonnes per annum (MTPA) integrated steel plant in India.The Indian steel-maker along with its international peer said that the HoA builds on the Memorandum of Understanding (MoU) signed by both parties in October last year, and...

Shares of Wipro surged 3 percent to Rs 271 on July 18 after the company reported a June quarter performance that was better than expected, driven by strong execution of large deals. However, brokerages remain in a wait-and-watch mode as the management has guided for a stronger recovery in the second half of this fiscal year.So far in 2025, the stock of this IT services major has declined 13 percen...

Shares of Sun Pharma rose 2 percent to Rs 1,711 in morning trade on July 15, extending their gains for a third straight session. The rally comes after the company settled a patent dispute with US-based Incyte Corporation, clearing the path for the immediate launch of LEQSELVI (deuruxolitinib) in the US. As part of the settlement, Sun will make an upfront payment along with ongoing royalties. LEQSE...

Shares of Delhi-NCR based real estate developer Max Estates surged nearly 7 percent on May 23 after the company reported a net profit of Rs 17.34 crore for Q4FY25, marking a significant improvement from the Rs 1.45 crore net loss reported a year ago.The shares of the company tested the highest level seen in more than 3 months.Max Estates posted a near 33 percent on-year jump in revenue from operat...

Tobacco stocks took a sharp tumble on the bourses on February 20, as reports suggested that the Goods and Services Tax (GST) Council might consider hiking the GST applicable on cigarettes and other tobacco products.This hike would be implemented once the compensation cess on these items is discontinued, the Economic Times reported.The shares of diversified conglomerate ITC, Four Square-maker Godfr...