Reduce JSW Steel; target of Rs 525: Sharekhan
Sharekhan recommended Reduce rating on JSW Steel with a target price of Rs 525 in its research report dated October 21, 2022.24-10-2022
Reduce JSW Steel; target of Rs 525: Sharekhan
Sharekhan recommended Reduce rating on JSW Steel with a target price of Rs 525 in its research report dated October 21, 2022.Financial results in H2FY23 will be better than first half: JSW Steel's Rao
In a Q&A, the Jt MD and CFO of the company says the worst is over as higher volumes, better demand and lower raw material cost play out in the coming quartersSteel price fall lands JSW Steel in surprise 915 crore Q2 loss
Average flat and long steel prices in India were down 17% and 4% sequentially during the quarterJSW STEEL LTD. - 500228 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor/Analyst Presentation - Regulation 30 of the SEBI LODR.Q2FY23 Quarterly Result Announced for JSW Steel Ltd.
JSW Steel announced Q2FY23 results: Crude Steel Production was at 4.95 million tonnes, up 21% YoY, however marginally lower sequentially due to availability as well as logistics constraints in sourcing of iron ore. Sales of saleable steel at the Standalone level were 5.01 million tonnes for the quarter, up 24% QoQ and 32% YoY, led by improved domestic demand mainly in the retail segment. Exports were at 7% of total sales during the quarter, with export volumes falling 38% QoQ, due to imposition of export duty in May 2022. The Company registered Revenue from Operations of Rs 32,494 crores, higher by 4.4% QoQ, mainly led by higher sales volumes, partly offset by reduction in average sales realization. The Company registered Operating EBITDA at Rs 1,742 crores for Q2 FY23, a reduction of 48% QoQ with an EBITDA margin of 5.4%. The EBITDA margin was lower primarily due to a 14% reduction in net sales realization, partly offset by a reduction in raw material prices, primarily coking coal & iron ore. The Company reported Net Loss after Tax of Rs 91 crores for the quarter. Result PDFJSW STEEL LTD. - 500228 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
The Board of Directors approved the alteration of Articles 136 (c) and 147 of the Articles of Association (AoA) of the Company.JSW STEEL LTD. - 500228 - Announcement under Regulation 30 (LODR)-Change in Directorate
Change in Company''s Directorate.JSW STEEL LTD. - 500228 - Un-Audited Standalone & Consolidated Financial Results For The Quarter & Half Year Ended 30.09.2022
Un-audited Standalone & Consolidated Financial Results for the Quarter & Half year ended 30.09.2022.JSW Steel and Smartex come together to promote low-emission steel production
Abhijit Basu, KOP (Keeper of the Purpose) of Smartex, said that by working with a premier steel producer like JSW, Smartex has an opportunity to place India at the forefront of low-emission steel production and create a sustainable path for both the environment and business.JSW STEEL LTD. - 500228 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
JSW Steel and Smartex sign MOU to explore low-emission steel production