JSW Steel shares decline on steel output concerns
The company on Monday posted a 7 per cent fall in November 2019 crude steel output at 12.90 lakh tonne (LT).
Stocks in the news: YES Bank, JSW Steel, SRF, Bank of Baroda and Hero Moto
Hero MotoCorp will increase prices of its motorcycles by up to Rs 2,000 from January
JSW’s plea upheld against order on Vardhman Industries
“The company had preferred an appeal before NCLAT challenging certain portions of NCLT orders, and the judgment on the same has been pronounced on December 4, 2019, allowing the said appeal of JSW,” JSW Steel said in a notification to the stock exchanges on Thursday.
Sajjan Jindal's 60th a family affair at Mahabaleshwar estate
The JSW Group chair spent a couple of days at the ghats of Varanasi with his family.
Buy JSW Energy, price target Rs 80: Shrikant Chouhan
The analyst suggested a stoploss at Rs 74.5
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of assets of Bhushan Power and Steel Ltd (BPSL). The NCLAT has directed to list the matter on December 12 for the next hearing. The appellate tribunal was hearing a batch of petitions, against the attachment of BPSL assets.
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery of pending flats to Jaypee homebuyers within the timeframe. Suraksha Realty and state-run NBCC on Tuesday submitted their final bids to acquire bankrupt realtor Jaypee Infratech through the insolvency process.
Buy JSW Energy, price target Rs 84: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 74.5.
Share market update: Metal shares decline; JSW Steel dips 2%
The Nifty Metal index was trading 0.49 per cent down at 2551.7 .
Slowdown has JSW pushing IPO plans for cement unit by a year
JSW Cement had initially planned to hit the market with an initial public offer on reaching the 20 mt annual capacity by 2020, which it now says will take a year to achieve due to the falling demand. "Due to the ongoing slowdown, we had to revise our capacity target by 12 months to 2021.
Essar Steel: Mittals seek immunity from probes
Worries stem from BPSL case, where ED attached assets of the company after it was taken over by JSW Steel.
Buy JSW Energy, price target Rs 80: Kunal Bothra
The analyst suggested a stoploss at Rs 73.5.
Tata Power-ICICI Bank JV acquires Manoj Gaur's Prayagraj power project
Renascent Power Ventures Pvt Ltd, the wholly-owned subsidiary of Resurgent Power Ventures Pte, has acquired 75 per cent stake in Prayagraj Power Generation Co Ltd (PPGCL) which owns and operates 1,980 MW coal-based electricity generation unit, Tata Power said in a regulatory filing.
JSW Steel to supply 1.5 lakh tonne of TMT Rebars to metro rail projects in FY20
JSW Steel is supplying to metro rail projects in Mumbai, Nagpur, Pune, Bangalore, Chennai, Kolkata, Indore, Bhopal, Lucknow & Ahmedabad. The ongoing supplies, as well as those already completed during the current fiscal, will boost JSW Steel’s supplies to Metro rail projects by more than Rs 600 crore following successful completion of these deliveries.
Stocks in the news: YES Bank, Reliance Ind, Bharti Airtel, Gati, M&M and Allcargo Logistics
Antique Stock Broking has maintained buy rating on ICICI Bank with a target price of Rs 575.
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