IGI Logo
Toggle Navigation
News
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Compare Scheme
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
More
Budget 2024
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Astrology
Beyond Market Car
Beyond Market Entertainment
Beyond Market Fashion
Beyond Market Gadgets
Beyond Market Health
Beyond Market India
Beyond Market Life Style
Beyond Market Sports
Broking Firm Views
Broking Firm Views - Long Term Report
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Budget 2024 Sector Reports
Budget Bites
Budget Economic Servey
Budget Expert Views
Budget Industry
Budget News
Budget Wishlist
Commodities
Commodities Reports
Commodity Top News
Company News
Company Result
Currency News
Currency Report
Currency Top News
Diwali Expert Views
Diwali Market Outlook
Diwali Report
Diwali Technical Report
Economy News
Expert View Institution
Expert Views
Industry News
IPO Analysis
IPO More News
IPO Reports
IPO Top News
Market Outlook
Mutual Fund Analysis
Mutual Fund Expert Views
Mutual Fund More News
Mutual Fund Top News
Podcast - Market Ki Awaaz
Special Event Expert Views
Special Event Reports
Startup
Startup Expections
Startup Speak
Stock Market
Stock On The Move
Top News
Top Stories
Videos
Videos Business
Videos Entertainment
Videos Global News
Videos Lifestyle And Fashion
Videos News And Politics
Videos Sports
Wealth
Women
World Market More News
World Top News
Search
JSW Steel is looking to pick up a 20 to 40% stake in the metallurgical coal unit of Canada's Teck Resources, Bloomberg News reported on Friday, citing the Indian steel producer's chairman, Sajjan Jindal. India’s biggest steel producer intends to bid for 20% to 40% of Elk Valley Resources Ltd., a unit of the Canadian company, Jindal said. JSW, along with some Japanese and South Korean mills, is planning to buy a stake in the asset and a combined offer could value the unit at $...
India`s JSW Steel to pick up 20%-40% stake in Teck`s coal unit
India's JSW Steel Ltd is considering picking up a 75% interest in Teck Resources' steelmaking coal business Elk Valley Resources, according to a Bloomberg report. Bloomberg had reported in July that the Mumbai-based company was interested in up to 20% of Teck’s coal business. The potential deal could value the business at $8 billion, said Bloomberg, rivaling an earlier bid by Swiss commodities giant Glencore. Glencore earlier this year offered to buy Teck's steelmak...
India`s JSW Steel considers 75% interest in Teck`s coal business - Bloomberg
JSW Steel is currently trading at Rs. 805.20, up by 1.25 points or 0.16% from its previous closing of Rs. 803.95 on the BSE. The scrip opened at Rs. 799.10 and has touched a high and low of Rs. 805.50 and Rs. 794.25 respectively. So far 28127 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 824.70 on 01-Aug-2023 and a 52 week low of Rs. 614.05 on 28-Sep-2022. Last one week high and low of the scrip stood at Rs. 8...
JSW Steel moves up on entering into joint venture agreement with JFE Steel Corporation
JSW Steel reported 1Q consol. EBITDA of INR70.5bn, significantly higher than JMfe of INR49.3bn. The beat was primarily driven by higher than expected realisations and significantly improved subsidiary performance. Standalone EBITDA came in at INR48.6bn, implying an EBITDA/t of INR9.9k – down INR1.1k/t QoQ on account of lower scale of operations and higher RM cost. BPSL reported an EBITDA of INR7.0bn vs INR9.5bn in 4Q while JSW coated reported an EBITDA of INR3.9bn vs INR4.3bn. Net debt ...
Buy JSW Steel Ltd For Target Rs. 800 - JM Financial Institutional Securities Ltd
India's JSW Steel Ltd reported a first-quarter profit on Friday that nearly tripled, helped by higher sales on the back of a pickup in infrastructure activity. Consolidated net profit climbed to 24.28 billion Indian rupees ($296 million) in the quarter ended June 30 from 8.39 billion rupees a year earlier, when the results were impacted by a tax on steel exports. While overall steel sales jumped 27% from a year ago, JSW Steel said it also reported increased price realisations due to...
India`s JSW Steel says Q1 profit nearly triples on demand surge
Rama Steel Tubes is currently trading at Rs. 41.20, up by 2.06 points or 5.26% from its previous closing of Rs. 39.14 on the BSE. The scrip opened at Rs. 39.61 and has touched a high and low of Rs. 42.24 and Rs. 38.00 respectively. So far 17193822 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 46.10 on 10-Jan-2023 and a 52 week low of Rs. 15.50 on 18-Jul-2022. Last one week high and low of the scrip stood at Rs...
Rama Steel Tubes zooms on inking strategic MoU with JSW Steel
JSW Steel is currently trading at Rs. 796.40, up by 3.95 points or 0.50% from its previous closing of Rs. 792.45 on the BSE. The scrip opened at Rs. 804.25 and has touched a high and low of Rs. 804.30 and Rs. 790.00 respectively. So far 51744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 808.00 on 03-Jul-2023 and a 52 week low of Rs. 541.05 on 06-Jul-2022. Last one week high and low of the scrip stood at Rs. 8...
JSW Steel trades higher on reporting 11% rise in consolidated crude steel production in Q1FY24
JSW Steel is currently trading at Rs. 755.40, up by 8.55 points or 1.14% from its previous closing of Rs. 746.85 on the BSE. The scrip opened at Rs. 755.00 and has touched a high and low of Rs. 759.95 and Rs. 751.35 respectively. So far 47030 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 783.35 on 02-Jan-2023 and a 52 week low of Rs. 536.30 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May
JSW Steel Ltd Buy Reliance Industries Ltd @712-713 CMP 712.85; Target 723.00; Stop Loss 707.20 Glenmark Pharmaceuticals Ltd Buy ZEE Entertainment Ltd @631-632 CMP 631.50; Target 641.00; Stop Loss 626.40 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registrati...
Stock Picks : JSW Steel Ltd and Glenmark Pharmaceuticals Ltd By ICICI Direct
Improved show, but leverage never sleeps! JSW Steel’s (JSTL) Q4FY23 EBITDA surpassed consensus estimates. Key points: 1) consolidated EBITDA surged 75% QoQ to Rs.79.4bn (down 14% YoY) owing to positive price-cost effect, mainly at standalone operations; 2) both shipments and EBITDA/te at the standalone level were ahead of estimates; 3) performance of all the subsidiaries improved; 4) gross debt was down by just Rs6.1bn QoQ to Rs800.6bn. Going ahead, management expects combi...
Hold JSW Steel Ltd For Target Rs.675 - ICICI Securities
India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railways and capital goods sectors, a leading industry body said on Friday. Steel demand is expected to be 128.9 million tonnes during 2023-24, up from 119.9 million tonnes during the previous year, the Indian Steel Association (ISA) said in a statement. The steel sector has benefited from India's strong economic growth, and...
India's steel demand to grow 7.5% in 2023-24 - industry
JSW Steel is currently trading at Rs. 709.95, up by 6.45 points or 0.92% from its previous closing of Rs. 703.50 on the BSE. The scrip opened at Rs. 709.00 and has touched a high and low of Rs. 712.15 and Rs. 702.75 respectively. So far 41855 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 783.35 on 02-Jan-2023 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 7...
JSW Steel rises on signing MoU with JFE Steel to establish CRGO electrical steel manufacturing JV in India
JSW Steel is currently trading at Rs. 703.55, up by 10.50 points or 1.52% from its previous closing of Rs. 693.05 on the BSE. The scrip opened at Rs. 698.95 and has touched a high and low of Rs. 705.15 and Rs. 687.70 respectively. So far 39642 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 783.35 on 02-Jan-2023 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Steel surges on getting nod to raise funds up to Rs 17,000 crore through various securities
Consolidated performance * JSTL posted revenue of INR470b in 4QFY23 (flat YoY), in line with our estimate of INR455b. ASP came in at INR71,917/t. * EBITDA stood at INR79b (down 14% YoY), 11% above our estimate of INR72b. EBITDA was supported by higher volumes, better realizations and lower coking coal and energy costs. EBITDA/t stood at INR12,158 v/s our estimate of INR11,329. * JSTL reported an APAT of INR37b (down 8% YoY), 26% above our estimate, driven by a better operating perfor...
Neutral JSW Steel Ltd For Target Rs. 700 - Motilal Oswal Financial Services
JSW Steel Ltd on Friday reported a rise in fourth-quarter profit as strong demand in the domestic market lifted steel consumption. Consolidated net profit climbed more than 13% to 36.64 billion rupees ($448 million) in the fourth quarter ended March 31, from 32.34 billion rupees a year earlier, the steel maker said in an exchange filing. ($1 = 81.7800 Indian rupees)
India`s JSW Steel posts over 13% profit rise
India's JSW Steel Ltd said on Wednesday that its unit, JSW Steel USA, plans to invest $145 million in new projects to upgrade its manufacturing operations in Ohio. "These investments & projects will help us in producing high quality ‘melted and manufactured in USA’ steel products required by our customers in the infrastructure and renewable energy sectors," said Parth Jindal, director of JSW Steel USA.
India`s JSW Steel to invest $145 million to upgrade U.S. manufacturing
India's JSW Steel plans to sell specialty steel products to Russia this year, a senior company official told Reuters on Wednesday. "We plan to sell some specialty products, including color-coated steel to Russia," the official said, declining to be identified owing to the sensitive nature of discussions. JSW Steel did not immediately respond to an emailed request for comment.
India's JSW Steel plans to sell specialty steel to Russia -company source
The Coal Ministry will take all steps to further expedite domestic coal production and evacuation process, an official said on Wednesday. Addressing an interactive session with coal block allottees of captive and commercial coal blocks here, Coal Secretary Amritlal Meena said that timely availability of land and other clearances are of paramount importance in ensuring early production of coal from newly allocated blocks. In his keynote address, he said that the nominated authority in th...
Government says steps will be taken to expedite domestic coal production
* JSWSTEEL has witnessed a fresh breakout from its resistance zone of multiple moving averages on the daily chart and ended near day’s high. * The up move is supported with decent surge in volume. * The current chart pattern combined with the recent traction in the metal packs is further adding to the positivity. ? We thus suggest initiating fresh longs as per the given levels. BUY REC Ltd CMP:713.60; Range:705-710; SL: 688; Target:7...
Stock of the day: JSW Steel Ltd For Target Rs. 752 - Religare Broking
JSW Steel is currently trading at Rs. 694.45, up by 5.70 points or 0.83% from its previous closing of Rs. 688.75 on the BSE. The scrip opened at Rs. 690.00 and has touched a high and low of Rs. 697.45 and Rs. 690.00 respectively. So far 8507 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 69...
JSW Steel moves up on reporting growth of 13% in crude steel production in Q4FY23
JSW Steel is currently trading at Rs. 671.85, up by 12.35 points or 1.87% from its previous closing of Rs. 659.50 on the BSE. The scrip opened at Rs. 662.05 and has touched a high and low of Rs. 673.90 and Rs. 660.85 respectively. So far 28541 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Steel surges on raising Rs 1500 crore through NCDs
Focus to shift on fundamental performance; estimate FY25 RoE at 18% ? The RBI approved the re-appointment of Mr. Sumant Kathpalia as the MD & CEO of IndusInd Bank (IIB) for a period of two years, effective 24th Mar’23, after his current term ends on 23rd Mar’23. There was uncertainty around his extension and all sorts of conjectures were made with respect to the tenure that will get approved by the central bank. ? We note that there had been instances in the past where d...
Buy IndusInd Bank for Target Rs. 1,450 - Motilal Oswal Financial Services Ltd
“Shingrix” launch soon; WPI to mitigate the impact of price cut under NLEM We attended the analyst meet of Glaxosmithkline Pharma (GLXO) to understand the company’s business outlook over the next two to three years. * GLXO plans to launch the ‘Shingrix’ vaccine in the domestic formulation market in the near term. * The adverse impact of inclusion of certain brands under the national list of essential medicines (NLEM) is expected to be mitigated by higher vo...
Buy GSK Pharma Ltd For Target Rs.1,300 - Motilal Oswal Financial Services Ltd
*TCS on 16th Mar’23 announced the resignation of its Managing Director and CEO, Mr. Rajesh Gopinathan, effective 15th Sep’23. The board has nominated its President and BFSI business group head, Mr. K. Krithivasan (Krithi), as the CEO Designate from 16th Mar’23, and he will take over as MD and CEO in FY24 after shareholder approval. As per the company, Mr. Gopinathan is stepping down after 10 years as CXO (CFO followed by CEO) to pursue new interests. * Unexpected Exit: Mr...
Buy Tata Consultancy Services Ltd For Target Rs 3,810 - Motilal Oswal Financial Services Ltd
* CNG and domestic PNG volumes for listed CGDs (IGL, MAHGL, GUJGA & ATGL) reported a 7% CAGR over the past four years, while gas production from nominated fields declined at 3% CAGR during the same period. * The supply-demand imbalance is likely to continue, thereby increasing the proportion of expensive non-APM volumes in sourcing mix for CGDs. This should further lead to structural margin challenges going forward. * For Indraprastha Gas (IGL), we estimate that the 20% penetration ...
Buy Indraprastha Gas Ltd For Target Rs.340- Motilal Oswal Financial Services Ltd
Healthy demand for JLR, CVs; India PV growth likely to moderate in FY24 We interacted with the management of Tata Motors (TTMT) to get an update on the demand scenario, the state of the global supply chain, JLR’s path to sustainable growth, and the outlook for its India CV/PV businesses. For JLR, supplies are gradually improving and demand is healthy. As supplies improve, JLR should reach near the zero net debt level by FY25, aided by improved production, better margins and working capi...
Buy Tata Motors Ltd For Target Rs.540 - Motilal Oswal Financial Services Ltd
JSW Steel is currently trading at Rs. 677.50, up by 1.85 points or 0.27% from its previous closing of Rs. 675.65 on the BSE. The scrip opened at Rs. 671.25 and has touched a high and low of Rs. 681.80 and Rs. 671.25 respectively. So far 23850 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 6...
JSW Steel trades higher on the BSE
Robust domestic demand and increase in capacity to drive growth Capacity expansion on track to become a steel mammoth * JSTL is all set to capture the growing domestic steel demand amid rapid expansion in infrastructure and construction. We believe JSTL is adding capacity at a right time to capture the robust growth journey. * JSTL, a leading integrated steel manufacturer with strong iron ore linkages, ensures adequate raw material supply. With 13 active iron ore mines, JSTL has an a...
Neutral JSW Steel Ltd For Target Rs. 710 - Motilal Oswal Financial Services
JSW Steel is currently trading at Rs. 685.85, up by 5.85 points or 0.86% from its previous closing of Rs. 680.00 on the BSE. The scrip opened at Rs. 680.85 and has touched a high and low of Rs. 691.25 and Rs. 680.85 respectively. So far 28591 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 6...
JSW Steel trades higher as its arm acquires stake in Ayena Innovation
JSW Steel is currently trading at Rs. 682.25, up by 6.65 points or 0.98% from its previous closing of Rs. 675.60 on the BSE. The scrip opened at Rs. 675.65 and has touched a high and low of Rs. 691.85 and Rs. 675.65 respectively. So far 36405 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 6...
JSW Steel gains on reporting 10% rise in crude steel production in February
India's imports of Russian steel rose to an eight-year high during the first 10 months of the financial year that began in April 2022, government data compiled by Reuters showed. India, the world's second-largest crude steel producer, imported 281,000 tonnes of steel from Russia between April and January, nearly five times higher than the same period a year ago, the data showed. The rising imports are the result of shift in Russian steel trade flows to Asia after Western sanctio...
India steel imports from Russia rise to eight-year high in April-January
JSW Steel is currently trading at Rs. 725.20, up by 6.30 points or 0.88% from its previous closing of Rs. 718.90 on the BSE. The scrip opened at Rs. 711.05 and has touched a high and low of Rs. 727.65 and Rs. 711.05 respectively. So far 4210 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 73...
JSW Steel rises on reporting 16% rise in crude steel production in January
In-line performance; margin to improve in Q4 JSW Steel (JSTL)’s reported in-line consolidated EBITDA of Rs 45.5bn (CentrumE: Rs45.9bn), up 160% QoQ. It recorded standalone EBITDA at Rs40.3bn up 131% QoQ and EBITDA/t at Rs8,141/t up 134% QoQ. Adjusted to one-off expense like rupee depreciation and inventory losses, EBITDA stood at Rs48.9bn and EBITDA/t of Rs9,891, up Rs6,414/t QoQ; (CentrumE: EBITDA of Rs40.8bn and EBITDA/t of Rs8,231). The sequential growth is primarily on account of...
Sell JSW Steel Ltd For Target Rs 688 - Centrum Broking Ltd
India's JSW Steel Ltd expects its exports to pick up in the current quarter through March, boosted by the withdrawal of an export tax and robust demand from the Middle East and Asia, a senior company executive said on Saturday. His comments come after JSW, India's largest steelmaker by capacity, on Friday reported an 89% fall in profits for the quarter ended Dec. 31, hurt by a 56% slump in exports from a year earlier to 1.14 million tonnes. "Exports will definitely im...
India's JSW Steel sees exports at more than 10% of 2022/23 sales
India's JSW Steel Ltd on Friday said third-quarter profit tanked 89%, hurt by lower exports. Consolidated net profit for the quarter ended Dec. 31 fell to 4.90 billion rupees ($60.36 million) from 43.57 billion rupees ($536.71 million) a year earlier, the iron and steel products maker said in an exchange filing. ($1 = 81.1800 Indian rupees)
India's JSW Steel Q3 profit slumps on beleaguered exports
JSW Steel is currently trading at Rs. 739.60, up by 10.75 points or 1.47 % from its previous closing of Rs. 728.85 on the BSE. The scrip opened at Rs. 735.60 and has touched a high and low of Rs. 742.25 and Rs. 734.85 respectively. So far 18029 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs....
JSW Steel jumps on reporting 17% rise in group combined crude steel production during Q3 FY23
JSW Steel is currently trading at Rs. 756.20, up by 11.60 points or 1.56% from its previous closing of Rs. 744.60 on the BSE. The scrip opened at Rs. 746.00 and has touched a high and low of Rs. 756.50 and Rs. 746.00 respectively. So far 95550 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Steel gains on getting nod from Andhra Pradesh SIPB to set up steel plant in Kadapa
JSW Steel is currently trading at Rs. 741.95, up by 1.50 points or 0.20% from its previous closing of Rs. 740.45 on the BSE. The scrip opened at Rs. 743.00 and has touched a high and low of Rs. 745.00 and Rs. 735.90 respectively. So far 49462 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 7...
JSW Steel gains on the bourses
JSW Steel is currently trading at Rs. 738.60, up by 0.15 points or 0.02% from its previous closing of Rs. 738.45 on the BSE. The scrip opened at Rs. 733.05 and has touched a high and low of Rs. 743.90 and Rs. 733.05 respectively. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 759.00 and Rs. 733.05 respectively. The current m...
JSW Steel inches up on reporting 16% rise in crude steel production in November
India's removal of export duty on steel intermediates "immensely helps" domestic companies compete in international markets amid a global slowdown in consumption of the alloy, JSW Steel's finance chief, Seshagiri Rao M.V.S., told Reuters on Monday. India scrapped export taxes on low-grade iron ore and on some intermediate steel products beginning Saturday, after months of complaints from miners and steel makers about the loss of foreign sales opportunities. JSW's R...
India`s JSW Steel says scrapping export tax helps compete globally
Larsen & Toubro Infotech Ltd Buy Larsen & Toubro Infotech Ltd. @ 5058-5064 CMP 5058.00 Stop Loss 5012.30 Target 5104.00/5145.00 JSW Steel Ltd Buy JSW Steel. @ 720-722 CMP 719.00 Stop Loss 713.90 Target 727.70/734.00 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Regi...
Stock Picks - Larsen & Toubro Infotech Ltd And JSW Steel Ltd By ICICI Direct
JSW Steel is currently trading at Rs. 715.85, up by 14.75 points or 2.10% from its previous closing of Rs. 701.10 on the BSE. The scrip opened at Rs. 704.05 and has touched a high and low of Rs. 718.40 and Rs. 704.05 respectively. So far 84954 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Steel shines on reporting 25% rise in crude steel production in October
India's JSW Steel Ltd expects its exports to fall to a more than five-year low at 10% of overall sales in the fiscal year to March 2023 because of reduced global demand and an export tax, a company executive said on Thursday. India's largest steelmaker by capacity expects to sell 24 million tonnes of steel in the year 2022/23, Seshagiri Rao M.V.S., joint managing director and group chief financial officer, told Reuters in an interview. "The global economy is slowing down. A...
IIndia's JSW Steel expects exports to hit over 5-year low
Indian demand remains a bright spot in major steel markets as domestic consumption is seen growing at a "high single digit" rate over the next 12-15 months, a senior executive at Moody's Investors Service said on Monday. India, the world's second-largest crude steel producer, posted 11.4% growth in finished steel consumption during April-October to 65.5 million tonnes. "India remains the bright spot because the underlying steel demand still remains quite solid,&qu...
Moody's says India a bright spot in global steel demand
Weak commodity prices keep outlook subdued JSW Steel Limited (JSW) is an integrated steel producer with manufacturing facilities in India. The company produces steel products including hot rolled coils, cold rolled coils, wire rods, galvanized coils and sheets In Q2FY23, revenue rose 28.5% YoY to Rs. 41,778cr, led by higher sales volumes owing to strong domestic steel demand. However, EBITDA plunged 84.6% YoY to Rs. 1,752cr, while EBITDA margin contracted to 4.2% in Q2FY23 vs 35% in ...
Large Cap: Reduce JSW Steel Limited For Target Rs.565 - Geojit Financial Services
JSW Steel is currently trading at Rs. 676.80, up by 32.40 points or 5.03% from its previous closing of Rs. 644.40 on the BSE. The scrip opened at Rs. 646.30 and has touched a high and low of Rs. 678.80 and Rs. 646.30 respectively. So far 350698 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs....
JSW Steel jumps after its arm ties-up long-term financing with two Italian banking institutions
EBITDA, PAT below estimates, margins have bottomed out * JSW Steel (JSTL)’s consolidated net sales increased 29% YoY and 10% QoQ to INR418b in 2QFY23, in line with our estimate of INR399b. * Consolidated EBITDA at INR18b (down 83% YoY and 59% QoQ) was a sharp miss on our estimate of INR 35b, the lowest since the pandemic started. Consolidated EBITDA/t during the quarter stood at INR3,052 (down 89% YoY and 68% QoQ); it was at a multi-year low and posted a sharp miss v/s our estimat...
Neutral JSW Steel Ltd For Target Rs. 565 - Motilal Oswal Financial Services Ltd
Below is perspective on JSW Steel Q2FY23 Results by Mr Anmol Das, Head of Research, Teji Mandi 1. Prices of Steel could not remain as high as the commensurate increase in prices of raw materials as production levels have increased across the entire steel and metals supply chain by now. 2. Indian steelmakers are lacking the availability of key raw material, i.e., coke, and high freight rates are worsening the prices even more. 3. Capacity Expansion plans of steelmakers ...
Perspective on JSW Steel Q2FY23 Results by Anmol Das, Teji Mandi
Load More