Crisil Ratings upgrades outlook on Jindal Stainless to positiveCrisil Ratings has revised its outlook on Jindal Stainless Ltd's long-term bank facilities and debt programme to 'AA-' with a positive outl...
07 Apr, 2023, 11.34 AM IST
Jindal Stainless plans sale of green bonds to repay debtThe proceeds from the potential bond issue will be used to replace the existing loans with lower priced borrowings. Ratan Jindal is amongst...
14 Mar, 2023, 09.08 AM IST
NCLT approves merger of Jindal Stainless and Jindal Stainless (Hisar)“This disclosure is being made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure ...
23 Dec, 2022, 05.42 PM IST
Buy Jindal Stainless, target price Rs 200: ICICI SecuritiesJindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 5441.51 Crore) operating in Metals ...
12 Jul, 2022, 09.49 AM IST
Jindal Stainless (Hisar) Q4 net increases backed by value-added products business, higher commodity pricesThe company reported a 64% year-on-year growth in consolidated profit to Rs 575 crore. The consolidated revenue grew by 39% to Rs 4,318 cro...
05 May, 2022, 11.40 PM IST
Jindal Stainless-Jindal Stainless (Hisar) merger gets shareholder, creditor approvalThe two companies had been demerged in 2015 as part of a financial and operational restructuring exercise to bring down the cost of borrowi...
26 Apr, 2022, 04.38 PM IST
JSL Q2 results: Net profit grows 5-fold to Rs 412 croreAll major end-use segments like process industry, Pipe & Tube, Railways & Wagons, and Metro Rail grew during the quarter keeping the stainl...
26 Oct, 2021, 11.22 PM IST
Buy Jindal Stainless, target price Rs 230: ICICI SecuritiesJindal Stainless Ltd. key Products/Revenue Segments include Steel, Job Work, Sale of services, Export Incentives, Other Operating Revenue a...
23 Sep, 2021, 11.30 AM IST
JSL may pay dividend from next year after merger with listed armIn the first quarter of FY22, JSL reported an EBITDA of Rs 580 crore, up 647% year-on-year. The company reported a PAT of Rs 271 crore vs a...
15 Sep, 2021, 01.45 PM IST
Buy Jindal Stainless, target price Rs 230: ICICI SecuritiesJindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 7535.08 Crore) operating in Metals ...
06 Sep, 2021, 09.43 AM IST
CARE Ratings assigns ‘CARE A+’ rating to Jindal Stainless (Hisar) LimitedThe CARE report said that the company managed to report higher realizations and saw a pick up in sales volumes.
02 Jul, 2021, 12.38 PM IST
Time’s right to enter Jindal Stainless twinsValuation multiples are half that of global peers; merger to bring in synergies and balance sheet strength to drive growth
20 May, 2021, 12.03 PM IST
Jindal Stainless receives bourses nod for amalgamationThe merger will lead to a simplified capital structure, expanding the turnover of the combined business to Rs 20,000 crore, they said.
12 Mar, 2021, 03.07 PM IST
Stocks in the news: Vedanta, RIL, Future Enterprises, Jindal Steel and Future ConsumerFuture group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees.
30 Dec, 2020, 07.32 AM IST
Jindal Stainless (Hisar) to be merged with Jindal Stainless by H2 of FY21Seamless integration of infrastructure, processes and operational synergies, along with a strengthened balance sheet, would improve financi...
29 Dec, 2020, 06.57 PM IST
Jindal Stainless contemplating de-merger to support CDR exerciseAccording to a senior banker familiar with the company’s plans, “splitting the company up will be the best way to optimize cash flows from ...
25 Mar, 2014, 11.41 AM IST
- Indian steel cos plan strategic tieups with global majors
Indian companies are planning to form strategic tieups with global majors such as ArcelorMittal and ThyssenKrupp to access new markets, ins...
18 May, 2011, 07.29 AM IST