Jindal Steel & Power Shares Tumble 14% — Here's What Triggered The Fall
Jindal Steel & Power's Ebitda during the quarter missed analysts' estimates by around 3%, the first time in the last four quarters.
Jindal Steel and Power share price declines 13% post Q3 results: Do you own it?
Jindal Steel and Power share price declined 13% in the morning trades on Friday post Q3 Results that were announced by the company post market hours on Thursday
Buy Jindal Steel & Power; target of Rs 960: Motilal Oswal
Motilal Oswal is bullish on Jindal Steel & Power has recommended buy rating on the stock with a target price of Rs 960 in its research report dated January 30, 2025.
Jindal Steel shares slump 6% as Q3 profit drops 51%
JSP (formerly Jindal Steel and Power) shares fell 6.36 per cent to ₹786.65 on the NSE today after the company reported a 51 per cent year-on-year decline in consolidated profit after tax to ₹951 crore for the third quarter ended December 2024.
Jindal Steel shares hit lower circuit on Q3 earnings
The company said that EBITDA per tonne during the quarter of Rs 11,209 was lower on a sequential basis, owing to the impact of higher iron ore prices.
OP Jindal’s empire of steel is powered by grit and determination
In the 1950s, when most of his contemporaries were seeking steady government employment, he took the unconventional path by learning about pipe bending and welding as a trader of steel pipes and tubes.
Jindal Steel & Power Q3: Net profit down 51% to Rs 951 crore, revenue rises slightly
The consolidated revenue rose slightly year-on-year to around Rs 11,751 crore, while EBITDA declined by nearly 24 percent year-on-year to Rs 2,133 crore
Jindal Steel and Power to invest another Rs 70,000 crore in Odisha
Jindal Steel and Power (JSP) has announced an ambitious plan to invest an additional Rs 70,000 crore in Odisha over the coming years.
India's Jindal Steel and Power Q3 profit slumps on weak demand
Indian steelmaker Jindal Steel and Power reported a drop third-quarter profit on Thursday, hurt by muted demand and weak steel prices.
JSPL Q3 Results: Profit falls 51% despite 5% growth in steel sales
The company’s revenue for Q3FY25 stood at ₹11,750.7 crore, marking a marginal 0.4% YoY increase. However, adjusted EBITDA declined 23.2% to ₹2,183.9 crore, reflecting rising operational expenses and pricing pressures.
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Jindal Steel & Power to invest additional Rs 70,000 crore in Odisha
Jindal Steel & Power operates India's first coal gasification plant for steel production in Angul, with focus on reducing ...
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Jindal Steel & Power Hosts JSP TechCatalyst 2025 to Advance Technology-Driven Steelmaking
Held at JSP's Raigarh plant, the event has brought together over 50 leading companies, 175 global delegates, and 60+ ...