The rally of Metal Stocks in 2026 is not based on any single news, but on strong global macro support. Metal prices are strong and possible rate cuts by the US Federal Reserve are giving bullish signals. The cooling trend in the US labor market has increased the possibility of lower interest rates, which has historically been positive for metals. In China, infrastructure, renewable energy, power grids and urban redevelopment are getting policy support, due to which the demand for steel, copper and aluminum has increased. Inventories in base metals are tight and supply constraints remain. EVs, renewable energy and AI are supporting long-term demand. Weak US dollar and lower real yields also make metals attractive. Overall, metals may remain on investors’ radar.

Stocks to watch today: On Friday, the last trading day of last week, the Indian stock market started on a positive note. The 30-share BSE Sensex closed at 84,929.36, up 447.55 points or 0.53 percent. At the same time, the 50-share NSE Nifty jumped 150.85 points or 0.58 percent and ended the trading at 25,966.40.

Overall, there was a rise in the stock market on December 19, which broke the trend of the previous four days. During this period, shares of companies like Bharat Electronics, Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries and Bajaj Finserv made substantial profits.

Tata Steel

Tata Group company Tata Steel informed after the stock market closed on Friday that it bought 148.8 crore shares of its subsidiary T Steel Holdings (TSHP) for $ 150 million (Rs 1,354.94 crore). Tata Steel gave this information after the stock market closed on Friday.

Apart from this, the company has received an order from CGST and Central Excise Commissioner, Jamshedpur, directing it to pay tax of Rs 493.35 crore along with penalty of Rs 638.82 crore and interest on the total tax amount.

Tata Chemicals Ltd.

Shares of Tata Chemicals, another company of Tata Group, will also be in focus today because the company’s subsidiary Tata Chemicals International has entered into a Share Purchase Agreement (SPA) to buy 100 percent equity shares of Singapore company Novabuy for 25 million euros. Due to this, there may be an increase in the shares of Tata Chemicals today. On Friday, shares of Tata Chemicals jumped 1.88 percent and closed at the level of Rs 763.

IRB Infrastructure Developers

Shares of IRB Infrastructure Developers will also remain under the watch of investors during trading today. In fact, the company’s board has recently approved related-party contracts for upgradation, operation and maintenance and implementation of the project and for IRB Infrastructure Trust (Private InvIT) to act as project manager. It is linked to the TOT-17 project, which is implemented through IRB Harihar Corridor (Project SPV).

On January 13, the board has sought approval from shareholders for the Lucknow-Ayodhya-Gorakhpur section of NH-28 (new NH-27) and the Lucknow-Sultanpur (NH-731) corridor under the TOT-17 project. The company has also agreed to act as the project manager for a revenue-linked concession period of 20 years from the due date, with an estimated value of up to Rs 6,785 crore.

Vedanta

During trading today, investors will also keep an eye on Vedanta shares because rating agency Fitch has changed its outlook on UK-based Vedanta’s parent company Vedanta Resources from ‘Stable’ to ‘Positive’. The rating agency has taken this decision considering the expectation of better earnings, reduction in debt and strong financial position. However, the agency has maintained Vedanta Resources’ long-term foreign currency issuer default rating at ‘B+’.

UltraTech Cement

The country’s largest cement company UltraTech Cement has received a GST demand notice of Rs 782.2 crore from the GST department. Notice has been received. The company has said that it will investigate the matter and challenge it at the right forum. This order has been received regarding alleged short payment of GST, misuse of input tax credit and many other technical issues during the period from 2018-19 to 2022-23.

Fortis Healthcare

Fortis Healthcare, through its subsidiary International Hospital, has signed an agreement to purchase the 125-bed Peepal Tree Hospital (PTHY) in Yeshwanthpur, Bengaluru. This deal will be done by TMI Healthcare Pvt. Ltd. This will be done through purchasing 100 percent stake. TMI is the entity that operates People Tree Hospital. This deal has been done for Rs 430 crore.

Apart from this, a nearby land of 0.8 acres will also be purchased so that it can be expanded to more than 300 beds in the future. An additional investment of Rs 410 crore is also planned over the next three years to further improve bed infrastructure, medical equipment and clinical programs including radiation oncology.

Ola Electric

Engineer at Ola Electric. Some important facts have been confirmed in the investigation of Arvind’s alleged suicide. The fingerprint found on the suicide note matched Arvind’s fingerprint. This may increase the problems of the company’s founder Bhavish Aggarwal and may increase pressure on the shares of Ola Electric.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Tata Steel Shares: Tata Steel Ltd, the country’s multinational steel manufacturing company, announced its quarterly results on Wednesday. During this period, the company’s profit after tax (PAT) jumped by 319 percent to Rs 3183 crore. Whereas in the same quarter last year it was Rs 759 crore.

Tata Steel’s consolidated revenue in the July-September quarter of the business year 2025-26 also increased to Rs 58689 crore from Rs 53905 crore a year ago. The impact of this amazing performance of the company was seen on the shares today. Today in early trade the share rose 3.2 percent to Rs 184. However, later around 11:22 am, it was trading at the level of Rs 181.5 on NSE with a gain of 1.7 percent.

Brokerage has unwavering trust

Brokerages are also positive about this fast growing company. Brokerage firm Morgan Stanley has maintained its rating of ‘Overweight’ with a target price of Rs 200. Jefferies has also given it a ‘buy’ rating with a target price of Rs 200. Incred has given it the highest target price of Rs 224 with a ‘buy’ rating. CLSA has given the lowest target price of Rs 170 and advised to keep the share on ‘Hold’.

Business in India is making more profits

Most of Tata Steel’s income was generated from its Indian business. The company’s sales volume increased by 8.6 percent to 5.55 million tonnes in the September quarter. EBITDA also jumped by 23 percent to Rs 8255 crore. EBITDA reached Rs 14863 per tonne this time as compared to Rs 13131 per tonne in the same quarter last year. Although it has decreased slightly from Rs 15240 per tonne in the first quarter of the year, the situation is still quite good as compared to last year.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Tata Steel: Taking a big step towards strengthening its business outside the country, Tata Steel has secured shares of Rs 3,100 crore in Tata Steel (T Steel Holdings PTE. Ltd.), its subsidiary company in Singapore. Tata Steel Limited said on Tuesday that the company bought a share of Rs 3,104.03 crore ($ 355 million) in its unit Tea Steel Holdings Private Limited in Singapore. According to the exchange filing, the company has bought 353.23 crore shares with face value of $ 0.1005 per share. With this, now Tea Steel Holdings will remain the subsidiary company of Tata Steel, on which Tata Steel will remain owned.

Increasing stake in the company

Earlier in July, Tata Steel won a share of Rs 1,074 crore in Tea Steel Holdings. In February, the company bought shares worth Rs 10,727 crore in Tea Steel Holdings. In August 2024, a stake of Rs 2,348 crore was purchased. The company plans to acquire shares in one or more installments during this financial year. Earlier in May, the company said that it will continue to invest to increase its stake in Tea Steel Holdings.

Tata Steel Share Price

As soon as the news of Tata Steel’s stake in Tea Steel Holdings came to light after the market closure on Tuesday, similarly the company’s shares climbed 2.88 percent to close at Rs 155.03 per share, while the benchmark Nifty has fallen by 1.02 percent in 50. The company’s shares have declined by 0.43 percent in the last 12 months.

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Notice to Tata Steel: The world’s well -known company Tata Steel has been sent a GST notice of more than 1000 crores by the tax department, after which this company has come into controversies at this time. In the stock exchange filing on behalf of Tata Steel, it was told on Sunday that he was given this notice on 27 June by the Commissioner (Audit) office of Central Tax in Ranchi.

The cause of the notice issued by Ranchi-based Central Tax Commissioner (Audit) has been told that Tata Steel has incorrectly credit tax of more than Rs 1007 crore from financial year 2018-19 to 2022-23. This is a violation of the State Goods and Service Tax Act 2017 and the Central Goods and Service Tax Act 2017 and Section 20 of Integrateid Goods and Service Tax 2017.

Notice to Tata Steel

Tax officials say that the notice has been sought from Tata Steel within 30 days about this notice and it has been asked why they should not be charged Rs 1007 crore as GST. However, it has been clarified by the company that it will not have any effect on operational work or financial positions and will be responded to on the appropriate platform.

After this notice from the tax department, the first business day of the week i.e. on Monday, Tata’s shares can be seen. However, Tata Steel says that Rs 514.19 crore has already been deposited as GST and it is a part of normal business transactions.

What is the whole controversy

Significantly, whenever a company buys a goods, it pays tax on Ur at that time and after that it also pays tax while selling the goods. In such a situation, he has the right to reduce the tax already paid. This system saves double taxation i.e. double taxation. Tax officials believe that wrong credi has been taken by Tata Steel, which has been violated in a way.

Dividend stocks: Tata Motors, Tata Consultancy Services (TCS), Tata Steel, Larsen & Toubro (L&T), Container Corporation of India, Bank of Baroda besides shares of 20 other companies will remain in the focus next week (on Monday, 2 June 2025 to Friday, 6 June 2025) as these companies have recently diverted their shareholders.

These companies will remain in focus

In this list, JSW Energy, Dr. Lal Pathlabs, L&T Technology Services, INOX India, HDFC Asset Management Company, Nuwama Wealth Management, Jindal Sau, Jindal Saw, Atiya, Sunlord Chemicals, Seshasayi Paper & Boards, Raliles India, East India Drums and Bellys Manufacturing India Names of companies such as IFGL Refractor, Indianmart Intermesh, Maithon Alloys, Nicco Parks and Resorts, QGO Finance, TAAL Enterprises and Technocraft Industries are also included.

What is ex-dividend?

According to the data available on BSE, shares of these companies will trade on X-Dividend next week. X-dividend is the date, the day the company buying the share of dividends is given. If you buy shares after this date, then you are not entitled to that dividend. In such a situation, the demand for these stocks increases on the X dividend date and the prices of shares rise.

This company is giving the most dividend

Of these, HDFC Asset Management Company has announced the most dividend. The company will give Rs 90 dividend to investors on every stock. Its record date is Friday, June 6, 2025. The day after X dividend is a record date. On this day, the company gives dividends to those who will have shares in the demat account. This is followed by Nuwama Wealth Management, which has announced a final dividend of Rs 69 per share. Its record date has been set on Tuesday, June 3, 2025.

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India Temporary tariff on China: The Government of India is going to impose a temporary tariff (security duty) of 12% on steel imports soon. According to the report of Reuters, the decision aims to ban cheap steel imports from China and other countries, which has become a big challenge for the country’s domestic steel mills over the years. This tariff is being called a “security fee”, which was recommended by the Director General of Treatment (DGTR) to implement it. This fee can remain in force for 200 days.

What do you say data?
Despite being the second largest crude steel producer in the world, India has become a net importer of steel ready for the second consecutive year in 2024-25. According to government data, India’s finished steel imports reached 9.5 million metric tonnes last year, which is the highest in 9 years. China, South Korea and Japan have contributed 78% to India’s total steel import. Due to this increasing import, small steel companies of the country have been forced to reduce production and cut jobs.

Impact of DGTR investigation and recommendation
In December last year, DGTR started an investigation as to whether cheap steel imports are harming domestic companies. Investigation revealed that the existence of domestic industries is in danger due to foreign steel floods. After this, DGTR recommended 12% tariff in March. This recommendation is now under consideration with the Finance Ministry and according to sources it can be implemented soon.

Big steel companies will get relief from tariffs
The country’s leading steel manufacturers such as JSW Steel, Tata Steel, Steel Authority of India (SAIL) and Arcelor Mittal Nippon Steel India demanded constant control of cheap imports from the government. These companies say that if these tariffs were not installed, the domestic steel industry would have suffered heavy losses and the jobs of millions of people would be in danger.