Jindal Stainless
Posted by :
rupesh711inJindal Stainless has made Sep 08, 2009 Continuation Diamond (Bullish) Intermediate-Term Bullish at-82.35 /Sep 08, 2009 Symmetrical Continuation Triangle (Bullish) Intermediate-Term Bullish at- 82.35 /trgts- 99 - 103 -109 - 115...
BSE Announcements on JSL
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MMB MessengerJSL Ltd has informed BSE that the members at the 29th Annual General Meeting (AGM) of the Company held on September 04, 2009, inter alia, have passed all the items on the Agenda, by the requisite majority. ...
What to do with this shares ? Any prospect ?
Posted by :
neuinvsell and save whatever is left of your money,,,,...
What to do with this shares ? Any prospect ?
Posted by :
GuestHi ,Can anyone pl advice me what to do with this shares ? I can not see any movement, some time it is sleeping....
BSE Announcements on JSL
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MMB MessengerJSL Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2009....
NSE Announcements on JSL
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MMB MessengerJsl Limited has informed the Exchange that "The application made by the Company before the Corporate Debt Restructuring (CDR) Cell to restructure its debts has been admitted in their meeting held on 11th August, 2009. The CDR Scheme proposed by the Company will now be circulated amongst the lenders of the Company and with their concurrence; approval of CDR Cell will be obtained. The terms and conditions of the Scheme would be briefed upon the approval of CDR Cell"....
BSE Announcements on JSL
Posted by :
MMB Messenger
JSL Ltd has informed BSE that the application made by the Company before the Corporate Debt Restructuring (CDR) Cell to restructure its debts has been admitted in their meeting held on August 11, 2009.
The CDR Scbeme proposed by the Company will now be circulated amongst the lenders of the Company and with their concurrence; approval of CDR Cell will be obtained. The terms and conditions of the Scheme would be briefed upon the approval of CDR Cell. ...
Predicted EPS of 117 and 206 for FY11 and FY12
Posted by :
neuinvHave a look at their cost & time overruns in the Orissa project..you woud change your mind.......
NSE Announcements on JSL
Posted by :
MMB MessengerJsl Limited has informed the Exchange that the Annual General Meeting of the Shareholders of the Company will be held on September 4, 2009....
Predicted EPS of 117 and 206 for FY11 and FY12
Posted by :
donpereiraNow, they are at the doors of CDR. Don....
Predicted EPS of 117 and 206 for FY11 and FY12
Posted by :
penny_lover
JSL was at rs 225 then - and Eco Times Investor guide predicted the following
FINANCIALS: The company’s net sales for FY07 stood at Rs 4,799 crore, while its current market capitalisation is Rs 3,473 crore. It has reported a CAGR of 29.15% in net sales for the past five years. During the same period, EBITDA has witnessed a CAGR of 28.75%, indicating that the company has maintained its operating profit margin.
Jindal Stainless has also managed to reduce its cost of debt from around 9.5% in FY04 to 7% in FY07. This has resulted in a higher CAGR of 40.7% in net profit. Results for the quarter ended September ’07 were below expectations, but we believe this is a temporary blip.
The fall in operating profit in the last quarter is due to a drop in sales and higher raw material cost. We expect the company will do better in future, thanks to the increasing appetite for steel and the accrual of revenues from the Orissa plant, once it is completed.
We have estimated the earnings from the Orissa plant and the rest of the company separately for ’11 and ’12 and then added both figures. This is because the proposed plant is funded largely by debt, which will comprise almost 78% of the total capital expenditure on the plant.
We expect that half of the plant’s total capacity of 1.6 mtpa (i.e. 0.8 mtpa) will start contributing to the company’s topline from FY11 and the remaining 0.8 mtpa from FY12 onwards. Based on our estimate, the forward EPS works out to Rs 117 and Rs 206 for FY11 and FY12, respectively. ...
will hit upper circuits from monday
Posted by :
penny_loverJSL looks very cheap at 79----Is bound to move towards 100 this week--- REASON-- rs 6 eps for q1 (even if it has come from forex gains)---Things for metal companies are now looking to be clearing up---JSL will move up-Don`t Forget the expansions that it did in the last 2 years---Even Rs.100 EPS in future years is not ruled out(Discussed in Eco Times Investor`s Guide in early 2008)----I will print that analysis soon---So price of 79 is a Joke not reality----buy and bye ...
BSE Announcements on JSL
Posted by :
MMB MessengerJSL Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 22, 2009 to August 28, 2009 for the purpose of Annual General Meeting (AGM) of the Company....
NSE Announcements on JSL
Posted by :
MMB MessengerJsl Limited has informed the Exchange that the Company has announced the Book Closure from August 22, 2009 to August 28, 2009 for the purpose of Annual General Meeting....
Share Price - JSL
Posted by :
vikasbang123company net profit up becuase of forex gain of 115 crore. it means company is still in loss. Better Quit at this level . See the Debt of 3500 crore. equity dilution and book value of 74 indicates that this stock will trade in the range of 75-100 in this year. so quit and buy at the same price after one year n company has purchased raw material at very high price during the boom time. so what ever they do they will show loss in their balance sheet for the entire year....



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