JSW Steel | Shares of JSW Steel are likely to open in the green after the company announced plans to develop a coking coal mine in Mozambique. The project is estimated to hold reserves of around 850 million tonnes and has the potential to produce about 250 million tonnes of usable coking coal.
JSW Steel shares ended 4.49% lower on Friday at ₹1,120. The stock has declined over 4% so far in 2026.
Jindal Stainless | Jindal Stainless said stainless steel manufacturing has a high dependence on industrial gases such as propane, LPG and natural gas.
Due to constraints in fuel availability, the company said some plants are currently operating at rationalised capacity levels and it is seeking clarity on industrial fuel allocation.
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The company also said disruptions in global shipping routes, which are leading to vessel diversions, longer transit times and cargo delays, putting additional pressure on supply chains and margins.
Meanwhile, the promoter group of Jindal Stainless purchased 6.92 lakh shares of the company on March 11 and March 12, 2026.
Jindal Stainless shares ended 5.23% lower on Friday at ₹707.60. The stock has declined 17% so far in 2026.
Hindalco Industries | Hindalco Industries clarified on a recent news report, stating that its aluminium extrusions operations have not been halted. The company added that any potential supply disruption risk would affect less than 0.1% of its overall operations.
Bloomberg reported on Friday that Hindalco Industries had notified customers it was suspending sales of extruded aluminum products because of disruptions to gas supplies.
Hindalco Industries shares ended 6.07% lower on Friday at ₹910.90. The stock has gained 2% so far in 2026.
