JSW’s Man Of Steel
Sajjan Jindal has steered JSW Steel through domestic and global headwinds, increased capacity and acquired new businesses, to turn the company into the country’s largest steelmaker.
Sajjan Jindal has steered JSW Steel through domestic and global headwinds, increased capacity and acquired new businesses, to turn the company into the country’s largest steelmaker.
India's biggest steelmaker led by Chairman Sajjan Jindal zeroes in on cement, paints, ports, power, EVs and drones among new opportunities thrown open by India's economic boom.
Indian steel companies face a bumpy road ahead as the external environment becomes more challenging due to elevated inflation, energy prices and rising interest rates.
The export duty on finished steel products to tame inflation has made Indian companies lose out to global rivals.
The multibagger stock surged 18.6% in intraday on Tuesday to hit a fresh all-time high of ₹120 on the BSE.
The ₹130-crore IPO of Hariom Pipe Industries was subscribed 7.93 times, driven by strong support from retail investor
Robust steel demand and high prices are powering private steelmakers to vie for the public sector steel companies, which are up for sale under the Modi government's 2021-22 disinvestment plan.
Tata Steel to spend ₹11,000 crore; sees European business cash-positive this year.
Consolidated revenue from operations for the July-September quarter rose 34% to ₹43,544 crore.
Steel, IT, FMCG and retail are expected to lead the momentum in revenue growth.