JSL's total expenses rose to Rs 3,140.26 crore from Rs 2,833.80 crore in the corresponding quarter of the previous fiscal.
ASEAN countries and their six trade partners such as India, China and Australia are negotiating a mega trade deal named as the Regional Comprehensive Economic Partnership (RCEP).
The company had posted a profit of Rs 27.30 crore in the year-ago period, JSL said in a filing to BSE.
Moneycontrol Research took a dive into the earnings season.
Kotak Securities is bullish on Jindal Stainless has recommended buy rating on the stock with a target price of Rs 227 in its research report dated July 23, 2018.
Edelweiss bullish on Jindal Stainless has recommended buy rating on the stock with a target price of Rs 100 in its research report dated July 20, 2018.
Edelweiss bullish on Jindal Stainless has recommended buy rating on the stock with a target price of Rs 100 in its research report dated July 17, 2018.
The company's standalone net profit was Rs 161.12 crore in the January-March quarter of the previous fiscal, 2016-17, JSL said in a BSE filing.
The focus was on widening the customer base and capturing larger market post-GST, said Anurag Mantri, Group CFO, Jindal Stainless.
Vishal Malkan of malkansview.com recommends buying Vedanta with a target of Rs 328 and Bata India with a target of Rs 720.
Steel volumes could go up by 10-15 percent this year but margins might remain at 12-15 percent, says Abhyuday Jindal, Vice Chairman, Jindal Stainless.
Mitessh Thakkar of miteshthacker.com suggests buying Jindal Stainless and Oriental Bank of Commerce.
Gaurav Ratnaparkhi of Sharekhan advises buying Kaveri Seed Company with a target of Rs 489.
Coal India | ONGC | L&T | Canara Bank | Bajaj Hind | Tata Power | Jain Irrigation | Amtek Auto | Jindal Stainless | Inox Leisure | IL&FS Engineering | Power Grid | Ruby Mills | Emami | SBI | Gayatri Projects | Mahindra CIE and GVK Power are stocks, which are in news today.
Infosys | Idea Cellular | Axis Bank | Tata Steel | Bharti Airtel | Bharat Forge | Hero Motocorp | Godawari Power | Jubilant Life Sciences | NHPC | Quess Corp | Titan Company and Jindal Stainless are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Jindal Stainless and Motherson Sumi and advises selling Kaveri Seed.
Maruti Suzuki | Bharti Airtel | Kotak Mahindra Bank | ITC | Biocon | Supreme Petrochem | Bharat Bijlee | Gandhi Special Tubes | Ashok Leyland | Crompton Greaves Consumer | Swaraj Engines | Wockhardt | Bharat Financial | PNB Housing Finance | Tata Teleservices and Nestle are stocks, which are in the news today.
HPCL | Fortis Healthcare | Gruh Finance | Dewan Housing | MCX | Coal India | Sical Logistics | Precision Camshafts | Network 18 | TV18 Broadcast | United Bank of India | Varun Beverages and DCB Bank are stocks, which are in the news today.
Neeraj Deewan of Quantum Securities is of the view that one may see upside in metal stocks.
HDFC | ONGC | Allahabad Bank | InterGlobe Aviation | Camlin Fine Sciences | Apar Industries | NDTV | GMR | Divis Labs | Bajaj Hindusthan | NHPC | Equitas Holdings | Ratnamani Metals | SAT Industries | Engineers India and Jindal Stainless are stocks, which are in the news today.
"The board of directors in its meeting held today has inter alia approved (the same) subject to the approval of shareholders," Jindal Stainless said in a filing to BSE.
NTPC | IOC | NALCO | Zee Learn | Tree House | Swelect Energy | Aban Offshore | CEAT | Deepak Fertilizers | Fortis Healthcare and Jindal Stainless are stocks, which are in the news today.