JSW
JSW Energy plans recast, to separate renewables business
The company’s low leverage position has enabled it to undertake a Rs 25,000 crore capacity expansion by 2025, which will be followed by another Rs 45,000 crore investments in the next five years to 2030.
JSW Steel posts highest Rs 5,900-crore quarterly net, beats Street estimates
During the quarter, the joint venture operations, mainly Bhushan Power & Steel and JSW Ispat Special Products, performed satisfactorily. The share of profit from JVs for the quarter stood at Rs 323 crore.
JSW Steel rating – Buy: A stellar performance in quarter
Margins to rise further in Q1; FY22-23e EPS up 44-68%; TP raised to Rs 820 from Rs 600
JSW Steel’s net profit hits all-time high of Rs 4,191 crore
The strong operating performance during the quarter is attributable to a robust pricing environment for Indian steel producers, who also undertook multiple price hikes during the quarter.
JSW Energy signs 540 MW wind power purchase agreement with Solar Energy Corporation of India
Sources aware of the developments said talks are currently under way between the company and SECI to sign a PPA for the remaining capacity won in the auction. The company was awarded the wind project against its quote of Rs 3
JSW Steel rating – Buy: BPSL deal to have minimal impact on earnings
But BPSL acquisition will up net debt by ~9%; deal provides firm footprint in eastern India; ‘Buy’ rating retained with TP of Rs 510
JSW Energy, Adani Power, Ayana and Evergreen Renewables winners in 1.2 GW wind power bids
According to sources, Adani Renewable Energy Holding Fifteen won 300 MW of the auctioned capacity, quoting the lowest tariff of Rs 2.77 per kWh, Ayana Renewable Power Six won 300 MW at Rs 2.78 per kWh, Evergreen Power Mauriti
Nomura maintains ‘BUY’ rating on JSW Energy, here is why
After 25% correction over past six months, valuation multiples have adequate headroom and FY18F FCFE yield of 8.5% is healthy
Top 7 stocks that remained in focus today: Jindal Steel, Opto Circuits and more
Opto Circuits shares closed 9.99 per cent up at Rs 10.57 after it reported net profit of Rs 6.39 crore for the quarter ended December 2015 against net loss of Rs 178.83 crore in the same quarter last year.
JSW shelves plan to buy cricket team, cites corruption-hit IPL’s negative aura
JSW Group, an $11 billion conglomerate with interests ranging from steel to power, is shelving plans to buy a cricket team in the Indian Premier League (IPL), citing the "negative aura" of the corruption-hit competition.
JSW Infrastructure to spend Rs 2,000 cr in 2 yrs on doubling ports capacity
JSW Infrastructure, a part of Sajjan Jindal-led JSW Group, will be investing Rs 2,000 crore over the next two years to double its cargo handling capacity to 30 million tonnes per annum, a top company official has said.
JSW Group in advanced talks with Diageo Plc to acquire Royal Challengers Bangalore for Rs 300 crore
The RCB franchise, which is now eight IPL seasons old, is a wholly owned subsidiary of United Spirits Limited (USL), in which Diageo has a majority stake.
SAIL, JSW, Tata Steel to have better year ahead: Moody’s
Domestic steel majors such as SAIL, JSW Steel and Tata Steel will have a better year ahead...
