Net profit of other players including Bayer CropScience, Castrol India, Dixon Technologies and Wabco India also increased between 50% and 100%
Macro risks to steel prices are expected to be driven by a sharply lower Chinese credit impulse; rising inflation concerns globally and buyers reluctance due to falling domestic prices in China
Here is the list of top stocks that could be in focus on June 8.
The rally indicates that an investment of Rs 25,000 in March last year would have now fetched Rs 1,36,984
Jindal Steel & Power Ltd is quoting at Rs 318, up 1.58% on the day as on 12:49 IST on the NSE.
Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 193.56 points or 1.38% at 14188.53 at 09:48 IST.
The Nifty 50 index was down 115.9 points or 0.77% at 14964.85.
The Nifty 50 index was down 83.65 points or 0.55% at 15161.95.
Here are 9 money making ideas from technical analysts that may deliver a good return in the near term.