Jindal Steel And Power Limited

Promoter group firms have fully repaid loan against shares, says JSPL

Companies are part of Naveen Jindal group, which is following a deleveraging strategy

JSPL gets nod to manufacture India's first fire-resistant steel structures

Jindal Steel and Power Ltd (JSPL) on Sunday said it will manufacture India's first fire-resistant steel structures at its unit in Raigarh, Chhatisgarh. With the production of a special steel item for the first time in India, the company will target segments like refineries, bridges, metro projects, industrial structures, steel, power plants, hospitals, commercial and residential buildings, JSPL said in a statement. "JSPL has received BIS certification to manufacture India's first fire-resistant steel structures at its rail mill in Chhattisgarh. The BIS 15103 grade steel structural steels are designed to withstand temperatures up to 600 degrees celsius for 3 hours," it said. The grade is being imported at present. The new grade steel structures will help the nation to reduce dependence on imports, the company said. "The license provided to the company will be a game-changer in strengthening India's infrastructure & its safety standards. Fire-resistant steel will provide much-needed

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

JSPL sees 'very good reason' to consider RINL, NMDC: MD Bimlendra Jha

State-owned companies marked out for divestment are attractive assets, he says in interview

Stocks to Watch: Paytm, HUL, ICICI Bank, HDFC Bank, Jindal Steel, Pharma

Stocks to Watch Today: Shares of Paytm are likely to be in limelight as the company plans share buyback; board to meet on December 13.

Naveen Jindal group weighs aluminium foray, plans depend on mine

Company sees consumption rising as electric vehicles increase and light metals become more important

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.

JSPL net profit at Rs 2,771 crore in June quarter on higher income

During the quarter under review, its total income rose to Rs 13,069.17 crore from Rs 10,643.17 crore a year ago

Sensex snaps 4-day losing run, up 345 pts; Nifty tops 16K; Auto, FMCG lead

CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts

Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi

Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.

Export levy likely to push steel companies to review expansion plans

Major private sector steel producers said that the capacity expansion plans were based on assumptions in the sales mix - between domestic and export markets - which has now gone haywire

Export duty hike: Ficci seeks 3 months to clear 'pending steel orders'

Three-month exemption will provide some relief to the players whose orders are in the pipeline, an industry executive said.

JSPL plans to set up India's second coal gasification plant at Raigarh

The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha

Vedanta, JSPL, Tata Steel, SAIL: How to trade metal stocks as prices rise

The Nifty Metal index can gain another 3 per cent as long as the index maintains above 6,300-level on a closing basis.

In a position to recover cost increase in exports: JSPL's V R Sharma

"We are going to increase exports from 25 per cent to 35 per cent of production and even more if need be," said Sharma

Expensive crude oil pushing up raw material prices: Jindal Steel & Power MD

There is a need to control energy prices across the globe as rising crude oil rates, amid the Ukraine crisis, are making raw materials costlier for steel industry, said to a top industry executive

Jindal Steel & Power keen on RINL, NMDC's Nagarnar iron and steel plant

The two assets are bigger than the 1.1 mt NINL and would bolster steelmaking capacity for any buyer.

Metals poised for a rally, suggest charts; JSPL, Tata Steel are top picks

A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.

JSPL steel production rises 9% to 5.9 mn tonnes in April-Dec 2021

Jindal Steel and Power Limited (JSPL) said its steel production rose to 5.90 million tonnes during April-December 2021