Page 5 - Jspl

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

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