Share price of jspl

हॉट स्टॉक्स, मार्केट्स Jspl share Price: स्टॉक में अच्छा मोमेंटम, इस लेवल तक जाएगा शेयर Jspl Share में जानें निवेश को लेकर क्या है Experts की राय. जानें किन levels पर करनी चाहिए आपको खरीदारी और क्या है Target Price और जानिए किस Strategy के साथ इस Stock में पैसा कमाया जा सकता है और अगर आप घाटे में है तो जरुर जाने की आप अपना घाटा कैसे काम कर सकते हैं. देखें वीडियो.

Shares of Jindal Steel and Power Ltd (JSPL) have surged by 42% so far in 2022 on the NSE. It is also the top performer in the Nifty Metals index. The optimism is understandable. JSPL sources significant portion of coking coal requirement from its own mines and this places it in a relatively better position amid the rage in steel prices driven by the ongoing Russia-Ukraine war. Note that coking coal is crucial for the production of steel and Russia is the third largest exporter of coking coal. “In the current scenario of elevated coking coal prices, JSPL has been able to start shipments from its Wollongong mines that can result in savings of up to $200m in FY23E (assuming the coal prices remain at current market price)," said analysts at Motilal Oswal Financial Services in a report on 23 March. It is worth observing that steel is used across many industries and this could keep the demand outlook bright. The company expects steady domestic demand even at current price levels, point out analysts at Motilal Oswal. “The company does not expect any major demand destruction but believes there will be some demand deferrals due to the record high steel prices," added the report. Further, the increased spend on infrastructure by the government of India would also aid demand. Also, there are increased opportunities for JSPL in the export market especially in Europe as the latter imports heavily from Russia and the ongoing conflict has resulted in supply chain disruptions. In this bac...

“Record operating profit and declining interest expense have contributed in JSPL net profit reaching the highest ever level,” the company said in a media statement. Export markets incentivised the company to raise its share of exports to 27 per cent in 4Q FY21 Vs 21 per cent in the previous quarter. JSPL is planning to double its steelmaking capacity at Angul, Odisha to 12 million tonnes per annum (MTPA) from 6 MTPA raising its India crude steel capacity by 66 per cent to 15.9 MTPA. “We are embarking on the next phase of growth in Angul with expansion from 6 MTPA to 12 MTPA at competitive CAPEX of Rs 18,000 crore,” the company said in a media statement. “It will take us 30 months to commission the 4.25 MTPA BF-BoF, with commissioning expected starting December 2023. This will be followed by 2.7 MTPA DRI plant, with commissioning expected in February 2025,” the company said. These projects along with the related raw material capacities (2 MTPA coke oven, oxygen plant etc.) will account for almost two-thirds of the planned Rs 18,000 crore Capex, the company said. JSPL’s consolidated total expenses have gone up by 22 per cent to Rs 8,082.92 crore as against Rs 6,603.65 crores in the last year same period. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) during the quarter under review was recorded at Rs 5, 287 crores, a jump of 138 per cent as against an Ebitda of Rs 2,220 crore last year same period. For FY 21, the company’s Ebitda was at...

Jindal Steel and Power Limited is an India-based steel producer. It operates through three segments: Iron and steel products, Power, and Others. The Iron and steel products segment comprise of manufacturing of Steel products, sponge iron, pellets, and castings. The Power segment comprises of business of power generation. The Others segment comprises mainly aviation, machinery division, and real estate. It is involved in mining of iron ore. It is also engaged in manufacturing of cement, lime, plaster, basic iron, and structural metal products. It also manufactures steam generators, except central heating hot water boiler. Its product portfolio includes rails, parallel flange beams and columns, plates and coils, angles and channels, wire rods, round bars, speed floors, Jindal panther thermo mechanically treated (TMT) rebars, Jindal panther cement, fabricated sections and semi-finished. It also has a power portfolio, comprising independent power plants and captive power projects.;

The board of the company at its meeting on Thursday unanimously approved the dividend. JSPL is an infrastructure conglomerate with a presence in the steel, power and mining sectors with an investment of approximately Rs 90,000 crore across the globe. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. • 862.50 04:02 PM | 14 Jun 2023 42.60 (5.20%) 1,779.35 04:02 PM | 14 Jun 2023 41.40 (2.38%) 113.80 04:02 PM | 14 Jun 2023 2.65 (2.38%) 772.85 04:02 PM | 14 Jun 2023 16.20 (2.14%) • 7,096.85 04:02 PM | 14 Jun 2023 -69.90 (-0.98%) 1,323.25 03:59 PM | 14 Jun 2023 -13.00 (-0.97%) 977.70 04:02 PM | 14 Jun 2023 -8.15 (-0.83%) 827.95 04:02 PM | 14 Jun 2023 -6.40 (-0.77%)