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  • JSW Steel Q2FY24 Results: Joint MD & CEO Jayant Acharya on quarterly performance and growth plans

    JSW Steel reported a net profit of Rs 2,773 crore in Q2FY24 as against a loss reported a year ago. Lower coking coal cost and higher sales volumes supported the profit growth even as there was a lower operating profit contribution from the overseas operations in the quarter. In an exclusive conversation with Moneycontrol, CEO Jayant Acharya said company’s capex will be Rs 20,000 crore in FY24. Acharya spoke about strong demand expected in India and how JSW Steel will continue to add capacity and look at assets to secure fuel and raw material.

  • Live: Infosys shares brace for volatility post guidance shocker; HUL disappoints | RIL Q1 today

    Indian markets clocked a fresh record yesterday with the Nifty flirting with the 20,000 mark but ending just about 20 points short of the 20,000 mark. The GIFT Nifty this morning is hinting at a quiet start. But will the sharp guidance cut by Infosys and a likely knee jerk reaction on the IT index spoil the party on Dalal Street and delay its tryst with the magical milestone? Also HUL Q1 disappoints and street will be watching out for a barrage of numbers from the likes of RIL, JSW Steel, UltraTech Cement and the likes. Catch Nandita Khemka in conversation with Mayuresh Joshi--Head of Equity Research, William O’Neil India and Raja Venkatraman, Co-founder, Neotrader.

  • Stock Market Live: JSW Steel may be down but is it out? | Markets with Santo & CJ

    JSW Steel's September quarter results were woeful and have provided a stick to Santo to beat CJ with on his optimism for the space. Watch as the duo lock horns over what lies ahead for the ailing steel giant plus listen to their thoughts on ICICI Bank and IDFC FIrst Bank. Plus, the duo share their top brokerage bets this morning and the newsmakers that will be in the limelight.

  • BJP received 76% of donations to parties by electoral trusts in 2019-20: ADR

    JSW Steel Ltd contributed the highest amount, Rs 39.1 crore, amongst all donors of the Electoral Trusts, followed by Apollo Tyres Ltd with Rs 30 crore and Indiabulls Infraestate Ltd and Delhi International Airport Ltd which contributed Rs 25 crore each, to various Trusts.

  • JSW Steel sues 3 largest steel-makers in US for 'conspiracy to cause direct harm'

    JSW Steel has filed a lawsuit against U.S. Steel Corp., Nucor Corp. and Cleveland-Cliffs Inc. in U.S. District Court, Southern District of Texas (Houston).

  • JSW Steel Q2 net seen up over 6-fold, volumes may drive revenue

    JSW Steel's second quarter consolidated profit is likely to jump more than 6-fold year-on-year to Rs 750 crore but sequentially may fall 32 percent, according to analysts polled by CNBC-TV18. In Q2FY16, provision for diminution in value of investments hit profitability by Rs 116 crore.

  • Begin New Year with these 10 best blue-chip stocks: Karvy

    Karvy has come out with its Wealth Maximizer report for 2015. "Top ten Largecap picks in the Wealth Maximizer (for a time frame of 9-12 months) are Asian Paints, Divis Lab, HDFCBank, ITC, JSWSteel, L&T, Reliance Industries, Tata Motors, TCS and Ultratech Cement" says the research firm.

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