JSW Steel reports 30% YoY jump in Q2 profit at Rs 2,917 crore; revenue falls 21%
Sales realisation and sales volume both fell for the quarter.
JSW Steel for 25% duty on steel imports
JSW Steel Joint Managing Director and Group Chief Financial Officer Seshagiri Rao said this while speaking to reporters on the sidelines of an industry event.
JSW Steel raises Rs 2,000 crore from LIC
The ten-year papers will bear a face value of Rs 10,00,000 and hold a coupon rate of 8.79 per cent, the company said.
JSW, Adani, others express interest in Avantha Power arm
JSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jhabua Power that was admitted for insolvency proceedings at the National Company Law Tribunal (NCLT) in March.
Better days ahead as govt sops to boost demand: JSW Steel
Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors.
Share market update: Metal shares decline; JSW Steel slips 3%
The Nifty Metal index was trading 1.03 per cent down at 2336 around 10:38 am.
JSW Energy Q2 net profit up 12% even as revenue declines 13%
Sajjan Jindal-led company’s consolidated net debt as on September 30 was ₹9,702 crore.
JSW Group promoter repays Rs 1,200 crore debt, lenders release shares of 2 firms
The release of 11.88 crore of JSW Energy shares accounts for 7.24 per cent of paid-up capital of the company.
Share market update: Power shares mixed; RInfra slumps 5%
The S&P BSE Power index was trading 0.07 per cent up at 1916.88 around 11:06 am.
Stocks in news: JSW Steel, PVR and IDBI Bank
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: JSW Steel, PVR and IDBI Bank
Share market update: Power shares mixed; Tata Power gains 3%
The S&P BSE Power index was trading 0.09 per cent up at 1910.21 around 11:03 am.
Share market update: Metal shares shine; Tata Steel rises 3%
The Nifty Metal index was trading 1.08 per cent up at 2525.80 around 10:30 am.
Citigroup maintains buy on JSW Energy, target price Rs 85
Buy JSW Energy Ltd. at a price target of Rs 85.0 .
Analyst Calls: Eicher Motors, Glenmark Pharma, JSW Energy, BPCL
SBICAP Securities has retained sell rating on Eicher Motors with a target price of Rs 13,170.
Karnataka: State won’t sell land to JSW Steel, for now
JD(S)-Cong regime had cleared sale of land in Ballari district in May.
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