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JSW CAPEX PLAN
Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.- EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
- Jefferies upgrades Aegis Vopak shares to Buy, says correction overdone. Here’s whyShares of Aegis Vopak Terminals gained after Jefferies upgraded the stock to Buy despite lowering its target price to Rs 240. The brokerage...
- Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
- Electrification, renewable energy and data centres growth drivers: HitachiHitachi Energy India is set to inject Rs 2,000 crore into expanding its manufacturing capabilities, driven by the surging demand for power ...
- JSW Steel kicks off Rs 65,000 crore greenfield steel project in OdishaJSW Steel has launched a massive Rs 65,000 crore steel project in Odisha. This 13.2 million tonne per annum integrated steel plant will be ...
- Iran war impact won't last beyond 2 months; India growth story to continue with lot of capex: Sajjan JindalSpeaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where chairman of JSW Group Sajjan Jindal was the chief guest, he...
- JSW Cement Q4 Results: Co reports profit of Rs 362 crore, declares Rs 0.5 dividendJSW Cement reported a sharp jump in March-quarter earnings, driven by higher sales volumes and improved operational efficiencies. The compa...
- GE Vernova T&D emerges as top BSE Power multibagger with 164% returns; should investors buy now?GE Vernova T&D India has emerged as the top multibagger in the BSE Power index, with its shares surging 164% over the past year amid strong...
- How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explainsJSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jeffer...
- ‘Europe will become irrelevant for us’: JSW Steel doubles down on India growth with massive capex planJSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market sh...
- JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 yearsJSW Steel reported a nearly 13-fold surge in Q4 profit driven by an exceptional gain and record volumes. The company plans aggressive expan...
- Tata Group, JSW to plow $1 billion in EV, battery techIndian giants Tata Group and JSW Group are investing close to $1 billion. They are building local capabilities in electric vehicle and batt...
- Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
- JSW Steel outlays Rs 20,000 crore capex for FY23: CMD Sajjan JindalAccording to a regulatory filing on Monday, Jindal addressing a shareholder's query said: "The total planned capex for the next three years...
- Export duty levy may force steel companies to review capex plans"This quantity (export) cannot be absorbed in the domestic market as almost all steel producers are affected by the new export duty regime,...
- JSW Steel plans to raise $200-300 million via offshore loanThe company spent Rs 2,688 crore on Capex, against a total planned Capex spend of Rs 18,240 crore for FY22. The company earlier said that i...
- JSW Steel to invest Rs 750 crore in JSW Paints over the next three years“JSW Paints approached the company for an equity investment…Overall, this investment will be a very good strategic fit for JSW Steel - from...
- JSW Steel cuts capex plans by 45% to Rs 9,000 crore for FY21At 9,000 crore, the capex target is about 12 per cent lower compared to the company's Rs 10,200-crore spend during 2019-20.
- JSW Steel puts capex plan on hold for 1 yearIndia’s largest private steel maker JSW Steel has postponed its fresh capital expenditure plan by one year as part of its financial restruc...
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