Motilal Oswal is bullish on Jindal Steel and Power recommended buy rating on the stock with a target price of Rs 900 in its research report dated January 20, 2024.
"Whenever and wherever JSW Group contemplates making investments, Odisha has always been the top destination in mind," group chairman Sajjan Jindal told ET. "We have already invested INR 30,000 crore here so far and we are committed to invest an additional INR 1,65,000 crore."
"Whenever and wherever JSW Group contemplates making investments, Odisha has always been the top destination in mind," group chairman Sajjan Jindal told ET. "We have already invested ₹30,000 crore here so far and we are committed to invest an additional ₹1,65,000 crore."
Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Other Operating Revenue, Scrap and Export Incentives for the year ending 31-Mar-2023.
Jindal Steel and Power reported a near four-fold surge in its consolidated net profit for the December quarter helped by a low base of the previous year, while gross revenue fell by 5% to Rs 13,698 crore.