Bajaj Steel Updates

Thursday, 14 November 2024 04:04 AM Bajaj Steel Industries stock price saw a significant decline of 9.44% on November 14, 2024, prompting a hold rating from MarketsMOJO. This drop has raised concerns among investors. I think this could be a temporary setback, and the company might recover as it has shown strong financials in recent quarters.

Thursday, 14 November 2024 07:38 PM On November 14, 2024, BAJAJ STEELs share price dropped by 8%, reflecting market volatility. Despite this, the companys net profit grew 268.3% year-over-year to Rs 351 million for the quarter ended June 2024. This growth indicates strong underlying financial health.

Wednesday, 04 September 2024 02:02 AM Bajaj Steel Industries announced a final dividend of Rs.3 per equity share for the financial year 2023-24, subject to shareholder approval at the Annual General Meeting held on September 4, 2024. This move reflects the companys commitment to rewarding its shareholders.

Sunday, 01 September 2024 06:47 AM The company reported standalone net sales of Rs 137.69 crore for the quarter ended September 2024, marking a 7.57% year-over-year increase. This growth is a positive sign for the companys financial performance. I believe this consistent growth will help stabilize the stock price in the long run.

Thursday, 01 August 2024 02:37 AM On August 1, 2024, the Board of Directors of Bajaj Steel Industries approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The results showed significant improvements, indicating a strong start to the fiscal year.

Wednesday, 29 May 2024 02:16 PM The Board of Directors of Bajaj Steel Industries approved the re-appointment of Shri Rohit Bajaj as Chairman & Managing Director and Shri Sunil Bajaj as Executive Director for a further period of 5 years, effective July 1, 2024. This continuity in leadership is expected to maintain stability within the company.

Wednesday, 29 May 2024 03:20 PM On May 29, 2024, the Board of Directors recommended a final dividend of Rs.3 per equity share for the financial year ended March 31, 2024, subject to shareholder approval. This dividend recommendation is a positive indicator of the companys financial health.

Saturday, 25 May 2024 08:00 AM Bajaj Steel Industries released its audited standalone and consolidated financial results for the financial year ended March 31, 2024, which included a declaration of an unmodified opinion. This transparency and compliance with regulatory requirements are crucial for investor confidence.

Thursday, 23 May 2024 10:12 AM The company announced a board meeting scheduled for May 29, 2024, to consider and recommend the final dividend for the financial year ended March 31, 2024. This move is part of the companys regular dividend payout policy. I think consistent dividend payments can attract long-term investors.