Page 3 - Jsw Steel

JSW Group spreads wings across energy, cement, ports, paints and EVs

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth

Tata Steel, SAIL, Jindal rally up to 10% in Sept; is there more steam left?

Technical charts suggests that steel stocks are favourably placed on the charts, and could see a multi-month rally with a potential upside up to 24 per cent from here.

Morgan Stanley bullish on JSW Steel with 'Overweight' call, sees 18% upside

JSW Steel is well-positioned to benefit due to its significant domestic presence and focus on flat steel products, supported by expanding margins from higher HRC prices

IFCI looks to sell ACCIL's bad loans worth ₹869 cr via Swiss auction

IFCI invites counter-bids for Rs 869 crore of bad loans from ACCIL after receiving an anchor bid of Rs 50 crore, translating into a recovery of just 5.75%

India Inc bonds resilient amid record trade costs from US tariffs: Barclays

Barclays says Indian corporates will face margin compression but remain supported by strong leverage, liquidity and domestic demand as US tariffs hit $55 bn exports

JSW Steel, South Korea's Posco sign pact for steel plant in India

Both the steel makers signed non-binding heads of agreement (HoA) in Mumbai, according to a joint statement issued by the companies on Monday

JSW, Posco sign agreement to set up 6 MTPA steel plant in Odisha

Odisha being considered as a potential site; final terms of the agreement are subject to feasibility and approvals

SC reserves verdict on JSW Steel's ₹19,700 crore resolution plan for BPSL

The Supreme Court on Monday reserved its verdict on a batch of pleas related to JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL). A special bench comprising Chief Justice B R Gavai and Justices Satish Chandra Sharma and K Vinod Chandran heard arguments from Solicitor General Tushar Mehta for the committee of creditors (CoC), senior advocate Neeraj Kishan Kaul for JSW Steel, and senior advocate Dhruv Mehta for the former promoters before reserving the verdict. As many as five pleas were heard afresh after the CJI-led bench, on July 31, recalled its May 2 verdict that had directed liquidation of BPSL and set aside JSW's resolution plan, criticising the conduct of the CoC, the resolution professional, and the National Company Law Tribunal (NCLT) for what it termed a flagrant violation of the Insolvency and Bankruptcy Code (IBC). One of the key issues was whether earnings before interest, tax, depreciation, and amortisation (EBITDA) ...

Want fresh resolution process: BPSL ex-promoters to Supreme Court

SC recalls earlier order liquidating BPSL; promoters call for fresh bidding as legal experts flag rare instance of review under IBC and Article 142 powers

JSW Steel seeks higher met coke import quota to ease supply shortfall

India, the world's second-biggest crude steel producer, in June extended country-specific import quotas of so-called met coke for six months to the end of December

JSW Steel, JFE to invest ₹5,845 crore in expanding electrical steel output

JSW Steel and JFE Steel Corporation will jointly invest Rs 5,845 crore to expand the production of grain-oriented electrical steel (GOES), supporting India's green energy transformation

JSW, Japan's JFE to invest ₹5,845 cr in India to scale up steel production

JSW and Japan's JFE Steel to jointly invest ₹5,845 crore to boost cold rolled grain-oriented steel output in Nashik and Vijayanagar amid rising demand for energy-efficient materials

Motilal Oswal trims FY26 Nifty EPS; bets on midcaps in interim Q1 review

The aggregate earnings of the 184 companies in MOFSL's coverage rose 7 per cent year-on-year (Y-o-Y) in Q1FY26, matching the brokerage's estimates.

SC withdraws Bhushan Power liquidation order, review hearing on Aug 7

Supreme Court agrees to review its earlier verdict declaring JSW's ₹19,700 crore resolution plan for BPSL illegal, citing investment, worker impact and legal inconsistencies

SC to hear pleas seeking review of verdict on Bhushan Steel liquidation

The Supreme Court on Tuesday fixed July 31 for hearing pleas seeking a review of a May 2 verdict that set aside a resolution plan submitted by JSW Steel Limited for Bhushan Steel and Power Limited (BSPL), holding it illegal and in violation of the Insolvency and Bankruptcy Code (IBC). A bench of Chief Justice B R Gavai and Justice Satish Chandra Sharma allowed an application for open-court hearing and fixed July 31 for hearing a batch of pleas seeking a review of the verdict. "Application(s) for listing review petition(s) in open court and application for oral hearing are allowed. Issue notice. List these matters on July 31, 2025 at 3 pm," the bench ordered. The court considered the review pleas in chambers by circulation and passed the order. The former promoters of BSPL urged the top court on July 21 to accord an open-court hearing to their plea for a review of the May 2 verdict. The former promoters of BSPL were Sanjay Singhal and his family, specifically including his father B

JSW Steel has good prospects on lower costs but stock fully valued

Revenue growth could come from volumes along with some price recovery. As input costs are soft, EBITDA margin may rise to 18-19 per cent if safeguard duty is in force

Stock Market close: Sensex gains 443 pts, Nifty at 25,091; Midcaps shine; bank, metal stocks rally

Sensex Today | Stock Market close, Monday, July 21, 2025:In the broader markets, the Nifty Midcap 100 rose 0.66 per cent, led by gains in Persistent Systems, UPL and L&T Finance

Brokerages up target on JSW Steel despite valuation worries after strong Q1

JSW Steel posted a 158 per cent year-on-year (Y-o-Y) jump in consolidated net profit at ₹2,184 crore for the June quarter, beating Bloomberg estimates of ₹2,095 crore.

Need to look at extending safeguard duty, review levy: JSW Steel's Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

JSW Steel expansion plan on track despite SC order on BPSL: Jayant Acharya

JSW Group on Friday said its expansion plan will not be impacted by the Supreme Court order to set aside the acquisition of Bhushan Steel and Power Ltd (BSPL) through the insolvency process. JSW Steel Joint MD and CEO Jayant Acharya, in an earnings call, said that BPSL was not part of the brownfield expansion that the steel company took into account while setting the 50 million tonnes capacity target by 2030-31. "In our 50 MT tonne outlook (expansion) that we have given up to 2030-31, BPSL was not part of the brownfield expansion that which we have taken into account. So therefore, it will not impact our target which we have given," Acharya said, in an earnings call, said while replying to a question if the acquisition of BPSL asset going into legalities will affect JSW Steel's expansion plans. He also said that the company has filed a review in Supreme Court for BPSL case and believes there is a strong ground for the same. "For that 0.5 MnT (expansion) we will take a view. That is