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

JSPL Q4 net loss narrows to Rs 371 cr; sells power asset

Jindal Steel and Power (JSPL) narrowed its consolidated net loss to Rs 371 crore in January-March quarter of 2015-16, helped by higher steel sales and cost optimisation measures.

JSPL,  Jindal Steel and Power, API monogram license, American Petroleum Institute,  Angul plant plat,  Government of India, Make in India

Adani Ports, Tata Motors, Alstom T & D India among 10 stocks that made news today

Adani Ports stocks ended 11.98 per cent down at Rs 207.65 after APSEZ on Tuesday reported a 38 per cent jump in its consolidated net profit to Rs 914.06 core for the March quarter on account of rise in income.

BSE Sensex, NSE Nifty, stocks in focus

15 stocks that trended in Monday’s trade: VA Tech Wabag, Persistent Systems and more

VA Tech Wabag stocks settled 4.85 per cent up at Rs 533.20 after the company informed stock exchanges that it has bagged record orders worth Rs 5,000 crore in FY 2016.

Stocks in focus today

Crisil downgrades JSPL to ‘default’ over interest payments

Barely three weeks after it slashed the credit rating of Naveen Jindal-led Jindal Steel and Power (JSPL) to below investment grade, rating agency CRISIL has downgraded the company to “default” grade .

Crisil on rbi new rules

Top 8 stocks that remained in focus today: Wockhardt, JSPL, NIIT Tech and more

Hindustan Unilever shares closed 2.70 per cent down at Rs 804.15 after it reported a decline of 22.42 per cent in standalone net profit at Rs 971.40 crore for the third quarter ended December 31, 2015.

Stocks in focus

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

JSPL, Jindal Steel, Jindal Steel and Power, JSPL Q2 results

JSPL Foundation ties up with ECHO to provide speciality healthcare in rural India

The tie up will help gain access to real-time medical consultations for complex medical cases in areas that have scarce resources JSPL Foundation has tied up with Extension of Community Health Outreach (ECHO), a healthcare pr

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.

JSPL, Jindal Steel, Jindal Steel and Power, JSPL Q2 results

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

Midcap stocks to bet

Maintain hold on JSPL but with reduced target price: HSBC

Falling steel prices, subdued volume growth and rising iron ore prices took a toll on JSPL’s Q4FY15.

Coal scam: Naveen Jindal, Madhu Koda, 13 others summoned as accused

Special CBI Judge Bharat Parashar directed all the accused, including five firms, to appear before his court on May 22.

coal scam naveen jindal

JSPL cuts 800 jobs after reporting Rs 1,675 cr loss in Q3

Steel maker JSPL has cut over 750 jobs as the company reported Rs 1,675 crore consolidated loss for the third quarter...

JSPL,  Jindal Steel and Power, API monogram license, American Petroleum Institute,  Angul plant plat,  Government of India, Make in India

HC notice to Govt on Naveen Jindal’s plea against Coal Ordinance provision

The Delhi High Court today sought response of the Centre on a plea of former Congress MP Naveen Jindal's company JSPL challenging a Coal Ministry order...

Naveen Jindal, JSPL, JSPL news, Coal Ordinance provision, Coal Ordinance India, coal ministry, coal ministry news, Delhi High Court

Neutral on JSPL as headwinds persist: Motilal Oswal

Maintain ‘neutral’ on Jindal Steel and Power (JSPL) and value the stock at R157 per share on FY16e and R210 per share on FY17e.

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