Page 6 - Jspl

JSPL Q2 turnover at Rs 6,573 cr, value-added products help offset loss

Crude steel production rose to 1.44 million tonnes (up 11 per cent year-on-year) while sales were at 1.33 million tonnes (up 5 per cent year-on-year).

Analysts see strong upside in JSPL as risk-reward turns favourable

Valuation attractive; expansion to help firm withstand challenges

Naveen Jindal seeks raw material security for Odisha steel plants

"Our investment in Odisha needs raw material security to become viable," Jindal said

Jindal Steel and Power appoints Vidya Ratan Sharma as new Managing Director

He has been appointed for a period of three years with effect from August 14, 2019

JSPL sells Botswana Coal Mine for $150 mn to pare debt at parent level

Firm has a total outstanding debt of Rs 40,000 crore as on March 2019

Termination of Tamnar unit sale deal with JSW Energy good for us: JSPL

JSW last week announced on the exchanges the termination of Rs 6500-crore deal with JSPL to acquire its 1,000 MW power plant in Raigarh district of Chhattisgarh

Made of steel: JSPL's earnings may head north on rising production

The firm highlighted this was the highest ever output by any blast furnace in India

JSPL rides on timely deliveries, eyes repeat order from Indian Railways

Company is consolidating its position by supplying orders ahead of schedule

JSPL refutes allegations about not sharing info on Australian mines

According to media reports, Jagatramka in a letter to the Securities and Exchange Board of India (Sebi) has accused JSPL of not reporting to the investors issues related to its mines in Australia

JSPL to gain from expansion in capacity, better pricing for steel

Blast furnace in Angul from March seen boosting production and improving cash flow

JSPL has already supplied 55% of Railways' order for rails: Naushad Ansari

In July 2018, JSPL bagged 20% of the Rs 2,500 crore global tender by the Indian Railways to supply long rails

JSPL to build 2-mt cement plant close to Angul steel unit to tap synergies

The company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant

Eyeing turnaround, JSPL to expand Odisha steel plant capacity to 20 mtpa

Out of total Rs 420 billion loan liability of the group, the Angul steel complex where JSPL has invested Rs 350 billion, accounted for Rs 240 billion debt

JSPL to set up Odisha's first private industrial park at Angul

The facility to be developed at a cost Rs 6 billion will house units worth Rs 100 bn

JSPL to use pet coke from Paradip refinery to salvage Rs 100 bn CGP plant

Company's 6 million tonne steel mill costing Rs 350 bn at Angul to reach full capacity in a year

Changed procurement conditions help Indian cos get biz from ONGC, Railways

Over Rs 50 billion benefit has come to domestic companies

JSPL raises Rs 12 billion via issue of equity shares through QIP

The Naveen Jindal-led firm is expanding capacity of its Angul plant in Odisha

JSPL board to consider QIP securities issue on Friday

JSPL has presence in steel, power, mining and infrastructure sectors

JSPL's best is yet to come over rising steel output and pricing environment

Strong oversees performance amid favourable demand and pricing environment will drive earnings

JSPL Q3 net loss narrows 39% to Rs 2.76 bn, total expenses at Rs 73 bn

Shares of the company on Thursday ended 1.25 per cent higher at Rs 280.10 per unit on BSE