Page 11 - Jsw Steel

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

JSW Steel: Strong operational performance lifts future prospects

Rising volumes, higher realisations, better product and geography mix to drive earnings

Auto demand isn't pent-up, has really come back: JSW Steel's Seshagiri Rao

In a Q&A, the firm's jt MD and group CFO is confident that steel demand will sustain but is sure that the 15-16 mn demand already lost won't be recovered

Steelmakers' prospects receive a boost from improving China data

Encouraging economic data from China, rising demand and higher realisations improve earnings outlook

JSW Steel's Q2 net profit falls 37% to Rs 1,595 cr on higher tax outgo

Tax expenses of Rs 910 crore hurt the bottom-line even as net sales were up 11.5% year-on-year

JSW Steel reports 37% decline in net profit at Rs 1,595 cr in Sept quarter

The company had posted Rs 2,536 crore profit for the same quarter a year ago, JSW Steel said in a BSE filing

JSW Steel eyes Bhushan Power acquisition as SC sets Nov 3 final hearing

Jindal had offered Rs 19,700 crore to lenders as upfront cash for takeover of the company

NCLT okays JSW Steel's resolution plan for Asian Colour Coated Ispat

JSW Steel had emerged the highest bidder for the company in June last year with an offer of Rs 1,550 crore

JSW to raise $1 bn from overseas, domestic markets to retire debt

The company has also agreed to acquire Bhushan Power and Steel for Rs 19,700 crore and has kept the funds ready for the acquisition

Steel companies lean on Indian market, post strong volume sales in Q2FY21

They have also been hiking prices almost every month, the latest being in October by Rs 1,500-2,000 a tonne, depending on the product category

Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities

Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels

JSW Steel awaits fate of Bhushan Power acquisition as SC adjourns hearing

Since JSW was named the highest bidder last year, it has been a long wait for Jindal due to a spate of investigations by ED and multiple adjournments in final hearing at the Supreme Court

JSW Steel may bid for Gontermann Peipers as firm gets admitted to NCLT

The cast and forged rolls maker was admitted to NCLT last December after an operational creditor filed an application under Section 9 of the Insolvency and Bankruptcy Code

JSW Steel output grows 5% in August to 1.31 million tonnes

JSW Steel on Wednesday reported a 5 per cent growth in its crude steel production at 1.3 million for August 2020

Nifty Metal index surges 3%; JSW Steel, Jindal Steel up 6%

Nickel prices at LME rose to a nine-month high on demand from China.

Mining group writes to PMO for transparency in domestic steel pricing

Demands domestic steel price monitoring, regulation mechanism

Nifty outlook & stock calls by Angel Broking: Buy Canara Bank, Info Edge

The entire banking space seems to have revived and is seeing a catch-up move to the broader market

JSW's common hub for steel and cement to clock in Rs 2,300 crore this year

Firm says the hub will be the largest of its kind in Asia, with a current stocking capacity across both products of about 2 mn tonnes a year

JSW Energy CFO Jyoti Kumar Agarwal resigns, to step down on Sept 15

The company said it will announce Agarwal's successor in due course

Tata Steel, JSPL: Morgan Stanley bullish on steel stocks; do you own any?

Supported by strong domestic demand in China, healthy exports, and rebound in domestic demand, global brokerage Morgan Stanley believes the steel industry's profitability cycle is turning faster