Jindal Steel And Power Ltd (JNSP.BO)
|Market Cap (Mil.):||Rs250,907.50|
|Shares Outstanding (Mil.):||914.89|
NEW DELHI, March 26 - JSW Steel, India's No. 3 steel maker, said it expects imports of metallurgical coal to stay flat at 7-8 million tonnes in 2014/15, indicating its mills will continue to run below capacity due to soft demand and a shortage of iron ore.
NEW DELHI - Jindal Steel and Power Ltd will stop buying coking coal from Australia in three months from now as its own mines there start shipping, a top company official said, a move that could further soften prices of the commodity.
NEW DELHI/BHUBANESWAR - The coal ministry is taking back 31 coal blocks allocated to private firms including the Tata group and Jindal Steel and Power over delays in developing them, jeopardising billion-dollar projects and inviting legal action.
* Tata group, Jindal Steel, Adani Power among those whose coal blocks reclaimed
* Tata group , Jindal Steel, Adani Power among those whose coal blocks reclaimed
Reuters Market Eye - Jindal Steel and Power may lag consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.
* India's Jindal Steel And Power Ltd may lag consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows. * StarMine's SmartEstimates expects Jindal Steel to report a profit of 5.84 billion rupees ($92.4 million) for the quarter, compared with a consensus mean estimate of 6.02 billion rupees. * Jindal Steel shares are down 0.1 percent. ($1 = 63.2400 Indian rupees) (firstname.lastname@example.org /;
Reuters Market Eye - Shares in Jindal Steel and Power slump 6.24 percent after the main opposition BJP party swept three out of four key state elections held since last month, dealers say.
* Shares in India's Jindal Steel and Power Ltd slump 5.6 percent after the main opposition BJP party swept three out of four key state elections held since last month, dealers say. * Jindal Steel chairman Naveen Jindal is a member of India's parliament representing India's ruling Congress party. * The election results were seen bolstering the chances of Hindu nationalist Bharatiya Janata Party (BJP) and its prime minister candidate Narendra Modi in general elections due by May next year, and wer