What is the production capacity of JSPL plant at Raigarh?
What is the production capacity of JSPL plant at Raigarh?
3.6 million tonnes per annum
Raigarh. JSPL’s Raigarh plant is the world’s largest coal-based sponge iron manufacturing facility in the world, with up to 3.6 million tonnes per annum (MTPA) steel production capacity. It has an installed 299 MW captive power plant (CPP) at Raigarh and a 540 MW CPP at Dongamauha, district Raigarh, Chhattisgarh.
Is Jindal Steel and JSPL same?
Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in New Delhi. With turnover of approx. ₹40000 crore (US$5.5 billion), JSPL is a part of about ₹130000 crore (US$18 billion) diversified OP Jindal Group conglomerate.
What is the target of JSPL?
It reiterates positive view on JSPL with target price of Rs674 (earlier Rs659), rolling over to FY24 numbers. Its TP is based on 5.5x FY24E EV/EBITDA. Promoters held 60.44 per cent stake in the company as of 31-Dec-2021, while FIIs owned 8.93 per cent, DIIs 16.71 per cent.
What is the total mining capacity of JSPL at various locations within India & abroad?
JSPL has a mining capacity of over 9.11 MTPA of coal and iron ore at various locations in India and abroad.
Who is the CEO of Jindal?
New Delhi: Jindal Steel and Power Ltd (JSPL) said Wednesday Sudhanshu Saraf has been appointed as chief executive officer (CEO) of its steel business with immediate effect. Saraf succeeds N.A. Ansari, who was elevated to the post of joint managing director, the company said in a statement.
Which steel company is best in India?
Top 10 Steel Companies in India 2020
- Tata Steel – 2019 Revenue: $22 Billion.
- JSW Steel – 2019 Revenue: $12 Billion.
- SAIL – 2019 Revenue: $7.7 Billion.
- VISA Steel – 2019 Revenue: $3 Billion.
- Rashtriya Ispat Nigam Limited (RINL) – 2019 Revenue: $2.9 Billion.
- Essar Steel – 2019 Revenue: $2.5 Billion.
Why you should hold on to JSPL stock?
Given company’s relatively cheaper valuation versus peers, expectations for good growth in the medium term given recovery in Indian economy and infra push; balanced with expectaions of moderation in commodity prices from current levels, the risk-reward appears balanced for the stock and we recommend a hold on the stock …
Is JSPL a good buy?
Is Jspl a good company?
It is very good company for a fresher. Here you could learn a lot, they give you good training, good exposure. The culture is somewhat like government type.
Who is the owner of Jindal?
Naveen Jindal (born 9 March 1970) is an Indian billionaire industrialist, and a former Member of Parliament, Lok Sabha from Kurukshetra, Haryana in the 14th and 15th Lok Sabha. He currently serves as the Chairman of Jindal Steel and Power Limited and Chancellor of O. P.
