Earlier this week, the company reported a 14% quarter-on-quarter drop in its consolidated Ebitda (earnings before interest, tax, depreciation, and amortization) to ₹2,444 crore during the three months ended March (Q4FY24). A decline in steel prices and an increase in some cost items weighed on profitability despite higher volumes. Investors […]
Jindal Steel & Power Ltd
The 30-share BSE Sensex ended higher by 260.30 points or 0.36% at 72,664.47 level while the Nifty 50 closed at 22,055.20 level, up 97.70 points or 0.44%. India VIX was at 18.60, up 2.20% for the day. Following four days of losses, the benchmark Nifty 50 saw some buying, according […]