1076.5000 11.50 (1.08%)
NSE Oct 03, 2025 15:31 PM
Volume: 2.0M
 

1076.50
1.08%
Prabhudas Lilladhar
Rs17,405 (PLe:Rs18,480), down 18% QoQ (17% YoY). JSP reduced net debt by 83%/Rs374bn (including cash of Rs30.4bn to be received on closure of JPL deal) since FY17 through free cash flow generation and divestment of Oman steel operations and JPL. 45% of the total reduction was contributed by divestments (40%) and issuance of equity (5%) while rest through operating cash flows. Resultantly, current Net debt/EBITDA is expected at comfortable level of 0.7x on normalised earnings assumed for FY23e with EBITDA/t at Rs12,000 and accelerated capex on 6mnt...
Jindal Steel Ltd. has gained 26.63% in the last 6 Months
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