Jindal Steel and Power
Shyam Metalics IPO opens June 14; offer size cut to Rs 909 crore as promoters offload Rs 252 crore shares
Shyam Metalics and Energy Ltd (SMEL) Rs 909-crore initial public offering (IPO) will open for subscription on June 14, 2021.
JSPL PAT jumps manifold to over Rs 1,900 crore in January-March quarter; output at 2.07 MT
During the quarter under review, JSPL said its total income also soared to Rs 11,903.59 crore as against Rs 6,819.73 crore a year ago.
Jindal Steel & Power rating – Buy: Deal improves growth outlook for steel business
Debt level to go down; stock valuation is attractive; ‘Buy’ retained with TP of Rs 539
Jindal Steel and Power share price jumps 9% so far this week; steel cycle could help extend rally
Jindal Steel and Power share price up 9% so far this week while benchmark indices continue to remain range-bound.
Sun Pharma, Jindal Steel among top stocks to buy, sell; intraday chart suggests Nifty may fall up to 14,130
The Nifty / Sensex hovering in the range of 14600 to 14400/ 47500-49000 price range and the texture of the pattern suggest narrow range activity likely to continue in the near future.
Ex-promoters can’t suggest revival scheme under Companies Act: Supreme Court
A bench led by Justice DY Chandrachud upheld the National Company Law Appellate Tribunal’s view that Section 29A of the IBC specifically disqualified former promoters from participating in the insolvency process and this di
Shyam Metalics and Energy IPO soon; co files papers with SEBI for Rs 1,107-crore public issue
Shyam Metalics and Energy Ltd has filed draft red herring prospectus (DRHP) with the capital markets regulator Sebi to raise Rs 1,107 crore through an initial public offer (IPO).
5 technical stocks to buy: Nifty may hit 15500, Sensex seen at 53,000 in next 3-6 months
Currently, market is following the pattern of the rally between 2001 to 2008, which could be 10 times in the next seven to eight years.
Stocks in focus today: HDFC, RIL, L&T, JSPL, Sun Pharma, Yes Bank, Adani Enterprises, Jubilant FoodWorks
After rising for the nine consecutive sessions, BSE Sensex and Nifty 50 look to open in the negative territory on Tuesday, as suggested by the trends on SGX Nifty in early trade.
JSPL, JSW Steel share prices rally up to 12%; metal stocks gain as more countries ease lockdown
Jindal Steel and Power was leading the pack of gainers with a growth of 11.51 per cent to Rs 107.50, followed by JSW Steel and NMDC, up 5.83 per cent and 3.52 per cent, respectively
Make in India: Jindal Saw aims to capture $200 million OCTG imports market
Jindal Saw Limited aims to capture $200 million OCTG market that is completely dependent on foreign imports.
Jindal Steel plans to divest Chhattisgarh power unit, shares reverse gains
JSPL shares wiped off initial gains and closed 3.48 per cent down at Rs 66.60.
Jindal brothers sign Rs 6,500 crore power deal
Billionaire Sajjan Jindal's JSW Energy Ltd has agreed to buy a 1,000 megawatt power plant from his brother's heavily indebted Jindal Steel and Power Ltd in a deal valued at up to $976 million, the companies said on Wednesday.
Court orders Jindal, others be charged
In a major setback for Jindal Steel and Power (JSPL) chairman and former member of Parliament of the Congress party Naveen Jindal, a special Central Bureau of Investigation...
Metal index among top gainers today; Tata Steel surges 5%
Tata Steel share price surged as much as 5 per cent intraday on Wednesday on reports that managers at Tata's Port Talbot steelworks have been briefed about a potential management buyout plan.
JSPL starts 1.4 MTPA rebar mill in Oman
Jindal Shadeed, an Oman-based subsidiary of Naveen Jindal-led Jindal Steel and Power, hopes to beat competition from China and other steel-surplus nations to get a significant...
Two downgrades a day put India Inc in trouble
At two downgrades a day, the quality of India Inc’s debt is fast deteriorating. Thanks to160 downward revisions in the last two months alone...
Jindal Steel puts expansion plans on hold, shares fall over 10 per cent
According to a report in Financial Express newspaper, the company has also reduced employee salaries by 10 per cent in order to reduce cost. Furthermore, the salary disbursements to employees are also being delayed.
Jindal Steel & Power cuts wages 10 pct, says staff offered 25% haircut
The Naveen Jindal-promoted Jindal Steel & Power (JSPL), which has reported losses for the past four quarters, has reduced employee salaries by 10% in order to reduce cost
Jindal Steel and Power share price fall over 2% on Q2 results
Jindal Steel and Power (JSPL) share price fall over 2 per cent in the early trade on Monday after the company on Saturday reported a consolidated net loss of Rs 617.94 crore for the quarter ended September 2015
10 Stocks that made news today: S H Kelkar, MTNL, GMR Infra and more
GMR Infrastructure shares closed 13.13 per cent up at Rs 13.44 as the company's consolidated net loss in July-September quarter narrowed to Rs 398.67 crore.
Sebi wants fund houses to furnish corporate bond investment details
Securities and Exchange Board of India (Sebi) on Monday has asked all the fund houses to furnish the details of their investments into corporate bonds which has been downgraded by the rating agencies.
Icra downgrades Jindal Steel and Power ratings
Icra said that the revision of JPL’s long- term rating takes into account moderation in the financial performance and debt coverage indicators of the firm
Jindal Steel shutting down coal mine in Australia
One of Australia's oldest coal mines owned by Jindal Steel and Power is being shut down following its deteriorating operating and financial conditions.
Jindal Steel and Power shares recover after hitting nearly 9-year low
The stock hit nearly nine-year low of Rs 62.40 in intra-day trade, its lowest level since November 2006 on the BSE after the company was excluded from the MSCI India index.
Jindal Steel & Power posts Q1 loss of Rs 339 cr; mulls selling non-core assets
Jindal Steel & Power (JSPL) today reported a consolidated net loss of Rs 339.26 crore for the April-June quarter owing to higher depreciation and finance costs.
JSPL shares gain over 5% ahead of coal block auctions
Jindal Steel and Power (JSPL) shares gained over 5 per cent intraday on Tuesday, extending its rally for the third straight session, on hopes that the company is technically qualified for Bhaskarpara, Chitarpur and Jamkhani c
