Jindal Steel And Power

Jindal Steel and Power says enquiries from European buyers on rise

We did see some increase in the order book and a lot of enquiries (from Europe): Bimlendra Jha, managing director of Jindal Steel and Power

Jindal Steel & Power net profit down 68 per cent to Rs 518.67 crore

Revenue from operations on a consolidated basis at Rs 12,452.44 crore declined by 0.57 per cent over the same period last year

Jindal Steel Q3 results: Net profit drops 68% as export tax bites

The contribution of Jindal Steel's exports to its sales on a standalone basis fell to 5% in the quarter from 23% a year ago

Jindal Steel & Power up 2%, hits over 10-month high in a choppy market

Monnet Power Assets, once operational, will provide an opportunity for the company to improve the heat rate, resulting in lower usage of coal in the power plant, said ICICI Securities in its report.

JSPL acquires Monnet Power for Rs 410 cr through insolvency process

Monnet Power has a 1050 MW under-construction plant in Odisha's Angul

Jindal Steel & Power wins bid to build Botswana's 300-MW coal power plant

GABORONE (Reuters) - Botswana has picked India's Jindal Steel & Power Ltd as the preferred bidder in a tender to build a 300 megawatt (MW) coal-fired power plant, a notice from its energy ministry showed on Monday.

Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL

Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11

Stocks to watch: Adani Green, Tata Motors, M&M, Zomato, JSPL, Bharat Forge

Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million

Near-term margin pressures for JSPL on likely tapering of steel prices

Captive coal availability and zero-debt target by the end of the year are positives

Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS

Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.

Steel industry: From sprint to jog as export duty hike plays speed breaker

Now, beginning June, steel mills are expected to announce a cut for monthly contracts

Tata Steel, SAIL: Should you Buy or Sell them? Here's what charts suggest

Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; cement counters indicate a wait-and-watch approach

Cost savings, higher volumes and lower valuations strengthen JSPL outlook

In the near term, JSPL has won contracts in Europe filling the gap caused by Ukraine War. In the longer term, it hopes capacity expansions will boost volumes, making up for possibly lower realisations

Jindal Steel & Power plans largest and greenest steel plant in Odisha

After bagging Utkal B1 and B2 coal block in the Angul-Talcher belt in the state, Jindal Steel & Power Limited (JSPL) on Friday said it would develop its Odisha plant into the largest and greenest facility in the world. This was stated by the company's chairman Naveen Jindal. He said JSPL has secured sufficient reserves of coal to enable the mega steel company to enhance its capacity for green steel making. He claimed that JSPL is the first steelmaker in the world to build Coal Gasification to produce steel using clean coal technologies. Greeting the people of Odisha on the occasion of Utkal Divas, Jindal said, "We won the Utkal B1 & B2 Coal Block on 17th Punya Tithi of Shri OP Jindal Ji who had a vision of using indigenous coal to make steel. This will help us to translate the shared dream of Bauji and legendary leader Biju Patnaik ji to a reality and bring prosperity to Odisha through value addition of natural resources and industrialisation". "Odisha is our karmabhoomi ...

Jindal Steel and Power posts 20% steel sales growth in January 2022

Jindal Steel and Power on Wednesday reported "meaningful recovery" in steel sales, despite low railway rake availability

Jindal Steel & Power profit drops 27% to Rs 1,866 cr in December quarter

Jindal Steel & Power on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021 owing to higher expenses. The company had posted a consolidated profit of Rs 2,566.68 crore in the corresponding period of the previous fiscal, Jindal Steel & Power said in a BSE filing. However, the consolidated income of the company during the October-December period increased to Rs 12,535.35 crore, over Rs 9,643.88 crore in the year-ago period. In a statement, the company said that its "consolidated PAT of Rs 1,622 crore fell by 34 per cent Y-o-Y due to lower operating profit and higher tax expense." While the third quarter of FY'22 witnessed a sharp improvement in domestic demand on a sequential basis, the quarter continued to be marred by unseasonal rains, lack of railway rakes and muted demand amidst rising COVID-19 cases. Steel demand in India registered a seven per cent Y-o-Y fall in the third quarter of ongoing fiscal. The company ...

Odisha bags proposals worth Rs 2.48 trillion from steel sector in 6 months

Raw material, port facilities, slurry pipe infrastructure make the state a "popular" choice

We will be net debt free by July 2022, says JSPL's MD V R Sharma

"Our main interest is not inorganic growth, it is brownfield expansion," said Sharma

Jindal Steel and Power posts nearly 3-fold jump in Q2 profit to Rs 2,584 cr

Its net profit was Rs 897 crore in the year-ago period, Jindal Steel and Power Limited (JSPL) said in a regulatory filing

Fighting Covid: JSPL ramps up daily oxygen supply limit to 120 tonnes/day

Jindal Steel and Power Ltd (JSPL) on Thursday said it has ramped up its daily oxygen supply limit to 120 tonnes/day for the treatment of COVID-19 patients.