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JSW Steel
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news in hindu 10oct
Posted by :
minku123Tracked by: 0 Boarder
Business
JSW to become India`s largest private sector steel maker
New Delhi (PTI): Metal and mining company JSW Steel is set to become India`s largest private sector steel producer post-capacity augmentation of its plant at Vijaynagar in Karnataka by end of the calendar year.
"On commencement of the expansion project in Q3 of the FY `09, JSW Steel will be the largest steel plant in private sector in India with a total crude steel production capacity of 7.8 million tonnes (including one MTPA at Salem)" JSW Group Chief Financial Officer Sheshagiri Rao said.
Presently, SAIL is India`s largest steel producer in the public sector with annual production hovering close to 15 million tonnes, while in private sector Tata Steel tops the list with installed production capacity of 6.8 million tonnes.
Sajjan Jindal-led JSW Steel is in process of expanding its finished steel capacity at Vijaynagar plant in Karnataka to 6.8 million tonnes, against the present 3.8 million tonnes.
It has already commissioned a sinter plant and two blocks of coke-oven batteries as part of the company`s Rs 5,300 crore expansion project at Vijaynagar.
The steel major has also lined up two greenfield projects of 10 million tonnes capacity each in West Bengal and Jharkhand with a cumulative investment of about Rs 70,000 crore.
It plans to commence construction work for its West Bengal project in November this year, while that in Jharkhand by early next year.
Rao said JSW Steel intends to reach 32 million tonnes of steel capacity by 2020 for which the company would invest a whopping Rs 85,000 crore.
"As of now, we have secured financial resources for capacity expansion at Vijaynagar plant as also adding another three million tonne to it by March 2010," he said. ...
worst seems to be over
Posted by : minku123Tracked by: 0 Boarder
4th Aug 2008-Emkay price797 target 1380
1 aug 2008 India infoline price 730 target 1005
6 oct Maquire target 1460...
NSE Announcements on JSW Steel
Posted by :
MMB MessengerTracked by: 0 Boarder
Jsw Steel Limited has informed the Exchange regarding a press release dated October 10, 2008, titled "JSW Steel posts Highest Ever Quarterly Crude Steel Production in Q2 FY 08-09". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on JSW Steel
Posted by : MMB MessengerTracked by: 0 Boarder
JSW Steel Ltd has informed BSE regarding a Press Release dated October 10, 2008 titled "JSW Steel Posts Highest Ever Quarterly Crude Steel Production in Q2 FY 08-09"...
Book value 391 price 300 buy it !!!
Posted by : mintu01254Tracked by: 1 Boarder
Can you ever imagine it.Blue chip in steel is available below book value.Just buy it for your generations.........
buuuuuuy
Posted by :
rama_ckviTracked by: 0 Boarder
dear folks for any damn company in share market,the share price is determined greatly by the demand supply ratio for that particularstock at that time rather than by other factors like fundamentals .other factors like sentiments are only minor.so if somebody wants a particular company share price to go up,simple just buy it when u want to sell it and take delivary for long term.see the magic.happy investing byee...
Excellent buy around 250+ level
Posted by : mannishTracked by: 0 Boarder
It would be an excellent buy around 250 plus level and that price its super dirt cheap...believe it or not.....use current turmoil to get in JSW steel....dont forget its a mixture of Jindal vijaynagar and Jindal Iron steel co.....its a sure shot BUY.
Regards,
Manish Bothra,
Kolkata....
BSE Announcements on JSW Steel
Posted by : nevisTracked by: 1 Boarder
Something drastically wrong in this company. Cant believe it was in 4 digits a few months back. Well, the steel sector is not looking good, its a bearish condition now in the markets, but to lose 75% plus in this fall is difficult to digest. Was it that real a hype built on this scrip when it was in 4 digits? ...
In reply to:
BSE Announcements on JSW Steel
Posted by : MMB Messenger
JSW Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2008, inter alia, for considering the un-audited financial results of the Company for the quarter & half year ended September 30, 2008 (Q2). 
JSW STEEL To cut product prices next month.
Posted by : nevisTracked by: 0 Boarder
Instead they should cut production like the European Steel makers. Arcelor Mittal announced production cuts today.
The way the price is hammered down, it looks like a helpless victim against a mob....
In reply to:
JSW STEEL To cut product prices next month.
Posted by : zoombusiness
JSW STEEL To cut product prices next month.
BSE Announcements on JSW Steel
Posted by : MMB MessengerTracked by: 1 Boarder
JSW Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2008, inter alia, for considering the un-audited financial results of the Company for the quarter & half year ended September 30, 2008 (Q2)....
JSW STEEL To cut product prices next month.
Posted by : jlvTracked by: 0 Boarder
Dear i had purchased at the price of 520. if i set a target for 3 months from now, what will be the target...
In reply to:
JSW STEEL To cut product prices next month.
Posted by : zoombusiness
JSW STEEL To cut product prices next month.
multibaggerstockadvisor.blogspot. com
Posted by : GuestTracked by: 0 Boarder
we should invest in those stocks where we could earn better and make steady gains and those could be availed from the title of this message...
JSW STEEL To cut product prices next month.
Posted by : zoombusinessTracked by: 0 Boarder
JSW STEEL To cut product prices next month....
Sell JSW Steel, target of Rs 716: HDFC Securities
Posted by : yagneswarTracked by: 0 Boarder
Considering jsw and tata Jsw is cheap now. Buy more and average...
In reply to:
Sell JSW Steel, target of Rs 716: HDFC Securities
Posted by : nevis
Guest, looks like you are very angry. When you are into stock market investing, try to cool down your emotions. Shouldnt scream in joy when it moves from 600 to 1400 and also shouldnt get angry when it comes from 1400 to 580. You will get a chance to show your joy again. Just have to wait for the good times. Play alongwith the graphs.
Sell JSW Steel, target of Rs 716: HDFC Securities
Posted by : nevisTracked by: 0 Boarder
Guest, looks like you are very angry. When you are into stock market investing, try to cool down your emotions. Shouldnt scream in joy when it moves from 600 to 1400 and also shouldnt get angry when it comes from 1400 to 580. You will get a chance to show your joy again. Just have to wait for the good times. Play alongwith the graphs. ...
In reply to:
Sell JSW Steel, target of Rs 716: HDFC Securities
Posted by : Guest
jsw steel is a bull shit share, it went to the high of 1400 and doomed to 580 level. I feel it brakes all time lows and will go down further to 350/- its right time to exit from the shit stock
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