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    Jindal Steel And Power Limited

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    • Motilal Oswal expects Jindal Steel to become mega producer, sees 27% upside

      Motilal Oswal expects Jindal Steel to become mega producer, sees 27% upside

      The company has undertaken capital expenditure worth Rs 24,000 crore to expand crude steel capacity by 66 percent to 15.9mt

    • JSPL's steel production rises in March quarter

      JSPL's steel production rises in March quarter

      JSPL sales also registered a growth of 8 per cent at 2.07 Million Tonnes (MT) in the January-March period, according to a statement.

    • JSPL declares interim dividend for FY22

      JSPL declares interim dividend for FY22

      JSPL Managing Director V R Sharma said the company has reduced its overall debt from a peak of Rs 46,000 crore to below Rs 11,000 crore, and now it aims to become net debt-free in the upcoming financial year.

    • Questioned by proxy advisory firm, JSPL defers EGM for related party power deal

      Questioned by proxy advisory firm, JSPL defers EGM for related party power deal

      JSPL’s plan was to sell 96.43% in its power business, Jindal Power Ltd (JPL), to a privately held company by its promoter Naveen Jindal. The deal value of Rs 3,015 crore has raised shareholder protests. Sources now say the company will come out with a new structure for shareholder approval.

    • JSPL emerges as highest bidder for Gare Palma IV/1 coal block in Chhattisgarh

      JSPL emerges as highest bidder for Gare Palma IV/1 coal block in Chhattisgarh

      In the coal block auction held earlier, Balco, part of Anil Agarwal-led Vedanta Ltd, had emerged as the highest bidder for Gare Palma IV/1.

    • India to award first rail supply contract to local firms: Sources

      India to award first rail supply contract to local firms: Sources

      Prime Minister Narendra Modi is under pressure to promote Indian industry to create jobs for millions of people ahead of the South Asian country's next general election in 2019.

    • CBI questions Naveen Jindal in a case related to coal block allocation

      CBI questions Naveen Jindal in a case related to coal block allocation

      This was the 36th FIR filed by the agency in 2014 in connection with its probe into coal blocks allocation.

    • Coal scam: State govts cold shoulder CBI plea to probe PSUs

      Coal scam: State govts cold shoulder CBI plea to probe PSUs

      Nineteen of 20 states have given a cold shoulder to CBI's request for sanction to start probe into the alleged corruption in the coal blocks allocation done through the joint venture route.

    • Hold Jindal Steel, advises Sharmila Joshi

      Hold Jindal Steel, advises Sharmila Joshi

      Sharmila Joshi, head of equity at Peerless Securities advised holding Jindal Steel and Power (JSPL). "Power capacity will double this fiscal itself, so that should be a big driver for JSPL going ahead," she said.

    • Buy JSPL with a target of Rs 394: Desai

      Buy JSPL with a target of Rs 394: Desai

      Monal Desai of Sunidhi Securities is of the view that one can buy JSPL with a target of Rs 394.

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