jsw steel

Odisha Chief Minister Mohan Charan Majhi will lay the foundation stone for JSW Utkal Steel Ltd's proposed Rs 65,000 crore integrated steel plant at Dhinkia. The project, which faced prior opposition from POSCO, has secured environmental clearance and completed boundary wall construction, though some locals still voice concerns over livelihoods.

Indian markets brace for volatility this week, driven by US-Iran tensions and crude oil price swings. Investors will also scrutinize crucial inflation data from India and the US for interest rate clues. Key corporate earnings are also on the radar, alongside foreign investor activity, shaping market sentiment.

TCS receives a 'buy' rating with a Rs 3,100 target, showing improved international business and strong bookings. Eicher Motors' electric Flying Flea is noted, though mainstream adoption needs further refinement. Delhivery's share price remains resilient amid fuel concerns, with robust near-term demand. jsw steel's Q4FY26 production saw a dip due to expansion shutdowns.

Indian stock markets fell sharply on Thursday. The Sensex dropped over 900 points. Renewed tensions in West Asia impacted investor sentiment. Rising crude oil prices and foreign fund outflows also contributed to the decline. Global markets also traded lower. Profit-booking was observed after a recent rally.

Stock market recommendations: Crompton, Hero Moto Corp, and jsw steel are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for selling on March 24, 2026.

Indian equity benchmarks, Sensex and Nifty, staged a strong intraday recovery to close higher on Tuesday. Easing crude oil prices, positive global cues, and robust buying in IT stocks fueled the rebound. Despite initial weakness, markets ended firmly in the green, with IT stocks leading the gains.

Sajjan Jindal-led jsw steel has said it will consider raising additional long-term resources, including issuance of equity shares or other securities, through a rights issue at its board meet next week.

jsw steel USA has tied-up long-term financing with two Italian banking institutions, Intesa Sanpaolo and Banco BPM, for its Plate Mill modernisation project in Baytown, jsw steel said in a statement on Thursday.

jsw steel on Thursday posted a 16 per jump in its consolidated crude steel output at 5.88 million tonne (MT) during April-June 2022. In the same period last year, its production was at 5.07 MT, the company said in a statement.

The National Company Law Appellate Tribunal (NCLAT) on Monday allowed jsw steel to acquire Bhushan Power & Steel Ltd for Rs 19,700 crore by providing it immunity from prosecution by the Enforcement Directorate.

jsw steel announced a 13.54% increase in consolidated net profit, reaching Rs 1,501 crore for Q4 FY25, driven by reduced expenses despite a slight dip in total income. The company's full-year net profit, however, saw a sharp decline. The board has recommended a dividend and approved plans to raise capital through various financial instruments, including debentures and equity shares.

New Delhi, Jun 30 () Sajjan Jindal-led jsw steel has recorded its highest-ever crude steel production at 15.80 mt during 2016-17, surpassing earlier guidance. This is 25 per cent more than what the company produced in 2015-16.

The share-swap ratio is expected to be 1:65 to 1:75 meaning shareholders of JSW Ispat are expected to get one share of jsw steel for every 65 to 75 shares of JSW Ispat held by them.

jsw steel plans to raise Rs 14,000 crore through convertible instruments and fresh equity to help fund its growth and other plans. Besides, the company plans to merge Monnet Ispat & Energy, which it had acquired through the bankruptcy route, with itself.

The National Company Law Appellate Tribunal (NCLAT) will hear jsw steel’s plea on Monday seeking immunity from criminal proceedings in a bank fraud case against Bhushan Power’s erstwhile promoter. Billionaire Sajjan Jindal-owned jsw steel has bagged Bhushan Power through the bankruptcy process for Rs 19,700 crore.

New Delhi, Aug 28 () Sajjan Jindal-owned jsw steel is in talks with Algeria's Cevital Group to acquire its Aferpi steel mill in Italy for USD 100 million, a source said today. The private steel maker had earlier tried to acquire the mill in 2014, when it was known as Lucchini.

jsw steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income. The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year. The total income increased to Rs 44,821 crore in the second quarter of the current fiscal as against Rs 41,966 crore a year ago, jsw steel said in a regulatory filing.

Sajjan Jindal-led jsw steel on Saturday announced the merger of JSW Ispat (formerly Ispat Industries) with itself, making the combined entity the second largest Indian steel company with a capacity of 14.3 million tonne per annum.

New Delhi, Oct 19 () Sajjan Jindal-led jsw steel is exploring various financing models, including a 'joint control mechanism', to fund the acquisition of the stressed assets of Bhushan Power and Steel Ltd and Essar Steel, a source said.