Edition:
United Kingdom

JSW Steel Ltd (JSTL.NS)

JSTL.NS on National Stock Exchange of India

293.10INR
14 Dec 2018
Change (% chg)

Rs-4.95 (-1.66%)
Prev Close
Rs298.05
Open
Rs297.00
Day's High
Rs300.85
Day's Low
Rs291.15
Volume
5,963,531
Avg. Vol
6,491,244
52-wk High
Rs427.55
52-wk Low
Rs237.60

Latest Key Developments (Source: Significant Developments)

JSW Steel Nov Crude Steel Production Rises 2 Pct
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - JSW Steel Ltd ::NOV CRUDE STEEL PRODUCTION 1.4 MILLION TONNES, UP 2 PERCENT.  Full Article

JSW Steel Exec Says To Meet India's Steel Demand, Co To Have Around 45 Mln Tonne By 2035
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - JSW Steel Ltd Joint MD Seshagiri Rao::EXEC SAYS TO MEET INDIA'S STEEL DEMAND, JSW STEEL TO HAVE AROUND 45 MILLION TONNE BY 2035.EXEC SAYS WE WILL LOOK AT EXPANDING COS THAT WE ACQUIRE UNDER BANKRUPTCY.EXEC SAYS WE WILL PRODUCE AROUND 6 MILLION TONNES FROM CAPTIVE MINES IN 6 MONTHS.EXEC SAYS WE WILL AIM AT 50-75 PERCENT BACKWARD INTEGRATION IN IRON ORE IN 10 YRS.  Full Article

JSW Steel Oct Crude Steel Production Rises 8 Pct
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - JSW Steel Ltd ::SAYS OCT CRUDE STEEL PRODUCTION 1.4 MILLION TONNES, UP 8 PERCENT.  Full Article

JSW Steel Sept-Qtr Profit Surges
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - JSW Steel Ltd ::SEPT QUARTER PAT 22.80 BILLION RUPEES - TV.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 19.58 BILLION RUPEES.SEPT QUARTER CONSOL NET PROFIT 21.26 BILLION RUPEES VERSUS PROFIT OF 8.39 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 215.52 BILLION RUPEES VERSUS 172.40 BILLION RUPEES LAST YEAR.SAYS COKE OVEN PLANT OF 1.5 MTPA AT DOLVI AND TIN PLATE WITH CAPACITY OF 0.25 MTPA AT TARAPUR LIKELY TO BE COMMISSIONED IN Q3.SAYS PIPE CONVEYOR PROJECT AT VIJAYANAGAR FOR IRON ORE TRANSPORTATION LIKELY TO BE COMMISSIONED IN Q3.SAYS BOARD CONSIDERED AND ACCORDED AN IN PRINCIPLE APPROVAL FOR A RIGHTS ISSUE OF UPTO 50 BILLION RUPEES.JSW STEEL - APPROVED SCHEME OF AMALGAMATION FOR MERGER OF DOLVI MINERALS & METALS, DOLVI COKE PROJECTS, JSW STEEL PROCESSING, AND JSW STEEL (SALAV).THE FIRST PROFIT ALERT WAS SOURCED FROM TELEVISION.  Full Article

JSW Steel Buys Share Capital Of Dolvi Minerals And Metals
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - JSW Steel Ltd ::BOUGHT 60.004 PERCENT OF THE SHARE CAPITAL OF DOLVI MINERALS AND METALS PRIVATE LIMITED.DEAL FOR 1.09 BILLION RUPEES IN CASH.  Full Article

Jsw Steel Says Reported 4.18 Mln Tons Crude Steel Production In Q2 FY 2018-19
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - JSW Steel Ltd ::SAYS REPORTED 4.18 MILLION TONS CRUDE STEEL PRODUCTION IN Q2 FY 2018-19.  Full Article

JSW Steel Says CARE Upgraded Long-Term Rating To "CARE AA (Stable)" For Bank Facilities, NCD, Commercial Paper Program
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - JSW Steel Ltd ::JSW STEEL - CARE HAS UPGRADED LONG-TERM RATING TO "CARE AA; (STABLE)" FROM "CARE AA-; (STABLE)" FOR BANK FACILITIES, NCD, COMMERCIAL PAPER PROGRAMME.JSW STEEL - CARE HAS REAFFIRMED SHORT TERM RATINGS TO CARE A1+ FOR BANK FACILITIES, NCD, COMMERCIAL PAPER PROGRAMME.JSW STEEL- CARE SAYS REVISION IN RATINGS ON IMPROVEMENT IN OPERATIONAL,FINANCIAL PERFORMANCE MARKED BY HIGHER CAPACITY UTILIZATION LEVELS IN FYLB.  Full Article

India's JSW Steel Exec Says Surging Imports Becoming A Concern For The Industry Again
Wednesday, 25 Jul 2018 

July 25 (Reuters) - JSW Steel Ltd Joint MD and Group CFO, Seshagiri Rao says::SURGING IMPORTS IS BECOMING A CONCERN FOR THE INDUSTRY AGAIN.INDIAN STEEL DEMAND IS EXPECTED TO BE BUOYANT IN CURRENT QUARTER.MONNET ISPAT SHOULD BE ABLE TO REACH ITS STATED CAPACITY IN 2 YRS TIME.WE WILL GIVE 250 MILLION RUPEES TO OPERATIONAL CREDITORS OF MONNET ISPAT.HAVE STARTED DIALOGUE WITH GOVERNMENT TO SAFEGUARD AGAINST INCREASING STEEL IMPORTS.WE ARE EXPECTING EVEN MORE STEEL TO COME INTO INDIA IN NEXT FEW QUARTERS.  Full Article

India's JSW Steel June Qtr Consol Profit Rises
Wednesday, 25 Jul 2018 

July 25 (Reuters) - JSW Steel Ltd ::JUNE QUARTER CONSOL NET PROFIT 23.66 BILLION RUPEES VERSUS PROFIT OF 6.26 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 21.08 BILLION RUPEES.JUNE QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 205.19 BILLION RUPEES VERSUS 163.71 BILLION RUPEES LAST YEAR.CO'S NET DEBT INCREASED BY 10.70 BILLION RUPEES DURING QUARTER, PRIMARILY DUE TO A 8.65 BILLION-RUPEE MARK TO MARKET IMPACT OF RUPEE DEPRECIATION.  Full Article

India's JSW Group Says Bankruptcy Tribunal Approves Monnet Ispat Takeover By Aion-JSW Steel consortium
Thursday, 19 Jul 2018 

July 19 (Reuters) - :INDIA'S JSW GROUP SAYS BANKRUPTCY TRIBUNAL APPROVES MONNET ISPAT TAKEOVER BY AION-JSW STEEL.  Full Article

India's steel giants to focus on product mix, quality to take on ArcelorMittal

MUMBAI, Nov 14 India's two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant ArcelorMittal SA as it gears up to enter the country.