Page 5 - Jspl

Metal stocks rally: SAIL jumps 6%; Tata Steel, Hindalco, JSPL gain up to 4%

Tata Steel, Vedanta, JSW Steel, and Nalco were up in the range of 2.7 - 3.2 per cent.

JSPL beats the trend, reports 12% rise in Q1 Steel Sales amid Covid-19

Jindal Steel & Power Limited (JSPL) has beaten the trend reporting healthy growth in production and sales volume during April-June quarter in the midst economic crisis triggered by coronavirus pandemic.

JSPL-Oman steel asset sale completion key for benefits of debt reduction

Deal valuation is good, but analysts watchful

Domestic sales of steel pick up; rural markets lead recovery in Unlock 1.0

Products sold in rural markets like tractors and motorcycles and roofing sheets were leading the recovery, says T V Narendran

Blast at JSPL's Raigarh plant kills two workers, two others injured

The accident took place on Wednesday when four contractual workers were cutting the diesel tank of an abandoned bus parked in JSPL's scrap yard in Patralapali village

JSPL's all-round show in Q4 leaves investors happy, analysts maintain 'buy'

Operational performance, volume growth guidance bode well

JSPL's all-round show in Q4 leaves investors happy, analysts maintain 'buy'

Operational performance is expected to remain good, and volume growth guidance too bodes well

JSPL's all-round beat in Q4 leaves investors happy; stock rises over 13%

Operational performance is expected to remain good, and volume growth guidance too bodes well

Steel sector may miss peak order season, wants supply chain opened up fully

The problem is especially acute in the tubes and pipes segment where 30 per cent of India's steel production is used

Covid-19-led demand destruction, firm input costs to impact steelmakers

While realisations take a hit, pressure on margins may intensify with input costs remaining steady.

Better volumes, led by expansion, to drive JSPL's future earnings: Analysts

Analysts expect better volumes, led by expansion and operating efficiencies, to drive future earnings

Sarda mines: SC reserves JSPL verdict, says not averse to ore transport

The bench said it was not averse to allowing transporting of iron-ore but all the necessary dues and royalty payable be paid to the concerned authorities.

JSPL stock skids 6% as SC defers interim order in Sarda mines case

JSPL shares ended the day 6% lower than its previous close on the BSE at Rs 150 a piece

JSPL to focus on Housing and Railways; aims to become debt-free by 2023

Firm is looking at a 50% demand growth coming from housing segment, eyes 25% uptick from Railways

Steel producers raise prices by Rs 1,000-1,500 a tonne as demand perks up

India's iron ore imports tumbled 90 per cent year-on-year during April-October, after a sharp escalation of 172 per cent in the comparable period last year, said CARE Ratings in its report

Jindal Steel crude steel production rises 22% from year-ago to 1.61 MT

During the third quarter of FY20, JSPL recorded a growth of 30 per cent in sales at 1.66 MT, as against 1.27 million tonnes a year-ago.

No plans to expand, JSPL hopes to become debt-free in 4 yrs: Naveen Jindal

Speaking at the India Economic Conclave 2019, he however said his company will no longer expand in newer areas

Stalemate on JSPL's Odisha iron ore continues; SC defers hearing

The Odisha government and JSPL have been in dispute over royalty payment for the iron ore for more than 5 years now

Coal block allocation, higher margins may cut costs to drive JSPL growth

JSPL, however, continues to stand out as expansions at its Angul plant are driving volumes, helping it gain economies of scale and higher margins

JSPL's South African mining subsidiary posts cash profits in Sep quarter

The company has investment and business ventures in Mozambique, Namibia, Zambia, Tanzania and Madagascar as well