Jindal Steel & Power Ltd News

Rollovers, trading guide for May series; FIIs, retail carry short positions

Data from NSE shows that retail investors have turned net bearish in index futures for the first time in six months; while DIIs remain the most bullish among market participants.

Tata Steel, SAIL, JSL gain up to 3% in trade today. Are they worth your money?

The Government announced the imposition of a 12% provisional safeguard duty on certain steel products to protect the domestic industry from injury due to a recent spike in imports of such products.

Metal index jumps over 4%; Hindalco, JSW, Lloyds,Tata Steel rally up to 7%

The US government has suspended 26 per cent reciprocal tariffs for India till July 9, 2025; however, the base tariff of 10 per cent will continue to be enforced

Why are metal stocks falling? Lloyds Metals, SAIL, HZL, Nalco dip up to 18%

Of the 15 stocks in the Nifty Metal Index, five stocks, including Hindustan Copper, Nalco, Hindalco, JSL, and NMDC, hit fresh 52-week lows

Metal stocks shine: HZL, SAIL, JSW Steel rally up to 10% on safeguard duty

Metal stock rally: The Nifty Metal index rose as much as 1.67 per cent to hit an intraday high of 9,185.20.

Nifty Metal index gains over 2%; JSL, Vedanta, Tata Steel rally up to 6%

At 12:40 pm, the Nifty Metal index, the top gainer among sectoral indices, was up 2.5 per cent, as compared to the 0.55 per cent rise in the Nifty 50

Metal index extends gain, up 6% in 1 week on hopes of earnings improvement

National Aluminium Company, Steel Authority of India, Hindalco, Jindal Stainless and Tata Steel from the BSE Metal index were up in the range of 2 per cent to 4 per cent in intra-day trade on Friday.

Nifty Metal index up 2%; SAIL, Tata Steel, JSPL, JSW Steel gain up to 5%

In the past six months, the Nifty Metal index has underperformed the market by falling 6 per cent as against a 4 per cent decline in the benchmark index

Tata Steel, SAIL: Outlook for Indian steel stocks on Trump tariff woes

Technical chart shows that Nifty Metal has a strong support base around the 8,000-mark; In case, the index violates the same it can slide another 15 per cent from present levels.

Jindal Steel and Power, 2 other companies win coal gasification incentive

The ministry announced the selected applicants under Category-II of the Financial Incentive Scheme

JSPL shares plunge 14% after Q3FY25 results; key factors behind fall

Jindal Steel & Power Ltd (JSPL) share price plunged 13.82 per cent at Rs 723.95 a piece on the BSE in Friday's intraday trade after the company's profitability declined due to rising costs

Jindal Steel and Power to invest an additional Rs 70,000 crore in Odisha

Jindal Steel & Power on Tuesday said it will invest an additional Rs 70,000 crore in Odisha in the coming years. The announcement was made by the company's Chairman Naveen Jindal during the Utkarsh Odisha-Make In Odisha Conclave' here. Our vision is to make Odisha a global industrial leader, while improving the quality of life for its people consistently. This additional Rs 70,000-crore investment will not only drive industrial growth, but also uplift the quality of life of thousands of families in Odisha, Jindal said. He also said the company was exploring the possibility of setting up a steel plant in Keonjhar district to fulfill the vision of Chief Minister Mohan Charan Majhi, he said. Jindal Steel & Power operates India's first coal gasification plant for steel production in Angul, with focus on reducing dependence on imported coking coal. The company's Angul plant, currently at 6-MTPA capacity, will double to 12 MTPA this year and is set to reach 25.2 MTPA by 2030, ...

Metal stocks surge: Jindal Steel, SAIL, JSW Steel, Nalco rally up to 4%

Shares of metal companies were in high demand on Monday, rising up to 4 per cent on the NSE after the Directorate General of Trade Remedies (DGTR) took note of the steel industry's request

DGTR initiates probe into 'steel flat product' imports amid concerns

India has initiated a probe into an alleged increase in imports of certain steel flat products into the country following a complaint from the Indian Steel Association, according to a government notification. The Directorate General of Trade Remedies (DGTR), under the commerce ministry, has started the investigation into imports of 'Non-Alloy and Alloy Steel Flat Products', used in various industries, including fabrication, pipe making, construction, capital goods, auto, tractors, bicycles, and electrical panels. According to the notification of the DGTR, the Indian Steel Association, on behalf of its members - ArcelorMittal Nippon Steel India, AMNS Khopoli, JSW Steel, JSW Steel Coated Products, Bhushan Power & Steel, Jindal Steel and Power, Steel Authority of India - has filed an application under the customs tariff Act, 1975. They have sought imposition of safeguard duty on imports of these products into India. The applicant has alleged that there is a "recent, sudden, sharp and

Steel shares trade firm; Jindal Steel, Tata Steel, SAIL rally up to 5%

At 10:59 AM, the BSE Metal index, the top gainer among sectoral indices, was up 1 per cent, as compared to the 0.09 per cent rise in the BSE Sensex

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

Jindal Steel and Power Q2 results: Net profit falls 38% to Rs 860 crore

Jindal Steel and Power Ltd (JSPL) on Wednesday reported 38 per cent fall in consolidated net profit at Rs 860 crore for September quarter, on account of lower revenue. It had posted a net profit of Rs 1,390 crore for the period ended September 2023, the company said in a statement. Gross income fell to Rs 13,025 crore from Rs 14,128 crore in the July-September period of 2023-24. During the second quarter, the company's steel production increased to 1.97 million tonne (MT) from 1.90 MT in the same period a year ago. Sales were at 1.85 MT as against 2.01 MT. The company said its net debt stood at Rs 12,464 crore as on September 30. The total capex for the quarter was Rs 2,642 crore, largely driven by the expansion projects at Angul. As per an exchange filing, Wollongong Resources Pty Ltd Australia, a step-down subsidiary of the company, recorded net loss after tax at Rs 35.74 crore for the quarter. "As on September 30, 2024 the accumulated losses and negative net worth of Jindal St