Jindal Steel and Power
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Jindal Steel and Power (JSP) is one of India’s leading business houses, with a significant presence in steel, mining, power and infrastructure. With business operations spanning across India, Africa, and Australia, JSP has firmly established itself as a global player in its chosen industries.
Under the visionary leadership of Mr Naveen Jindal, JSP has achieved remarkable growth. Currently, the company offers a product portfolio that caters to markets across the entire steel value chain and contributes to realising the vision of Make in India. The organisation’s focus on innovation, enhancing capabilities and enriching lives continue to propel its growth and commitment towards building a self-reliant nation.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 3.1k reviews | 4.1/5 based on 7.6k reviews | 3.9/5 based on 6k reviews | 4.1/5 based on 2.7k reviews |
Highly Rated for | Skill development Job security | Job security Skill development Work-life balance | Job security Skill development | Job security Skill development Work-life balance |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 83% employees reported | Work from office 70% employees reported | Work from office 87% employees reported | Work from office 88% employees reported |
Rating by Women Employees | 3.7 Good rated by 159 women | 4.0 Good rated by 485 women | 3.7 Good rated by 269 women | 3.9 Good rated by 116 women |
Rating by Men Employees | 3.9 Good rated by 2.8k men | 4.1 Good rated by 6.6k men | 3.9 Good rated by 5.4k men | 4.1 Good rated by 2.4k men |
Job security | 3.8 Good | 4.1 Good | 4.1 Good | 4.0 Good |
Jindal Steel and Power Salaries
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Western Coalfields, JSPL bag coal blocks in 11th round of commercial auctions
- In the 11th round of commercial coal mine auctions, a total of 12 mines were successfully auctioned, with Western Coalfields and JSPL among the winners.
- The 12 mines hold a geological reserve of approximately 5,759.23 million tonnes, with a cumulative Peak Rated Capacity (PRC) of 15.46 million tonnes per annum.
- The auctions achieved an average revenue share of 36.27%, demonstrating the interest in India's coal sector and a stable policy framework.
- The auctioned mines are projected to generate an annual revenue of around ₹3,330 crore and create 20,902 employment opportunities.

What do Trump’s tariffs mean for Indian auto, pharma and steel stocks?
- US President Donald Trump's focus on reshoring manufacturing is evident, with potential risks to the economy.
- Reciprocal tariffs set to begin on April 2 may impact sectors like auto, pharma, and steel in India.
- Indian auto OEMs may remain unaffected by US tariffs while auto ancillary players might face a second-order impact.
- Pharma trade between India and the US may be affected by reciprocal tariffs, impacting formulation makers.
- Indian companies like Aurobindo Pharma and Dr. Reddy's may face challenges from US-based competitors due to tariffs.
- US tariffs on steel imports may have minimal impact on Indian steel exports due to their small contribution.
- Indian steel producers like Jindal Steel and JSW Steel may face indirect negative impacts from global tariff barriers.
- India's move to impose a provisional safeguard duty on steel imports aims to protect the domestic steel industry.
- The steel sector in India has seen declining realizations, prompting the need for protective measures against import surges.
- Overall, various sectors in India are bracing for potential repercussions and uncertainties due to the evolving global trade scenario.
Steel stocks shine: Tata Steel, JSW Steel, SAIL, Jindal Steel, NMDC shares gain as DGTR recommends safeguard duty
- Steel stocks including Tata Steel, SAIL, and JSW Steel gained in early trade today.
- The domestic flat steel prices increased 5% last month while the weakness in regional prices continues.
- Analysts anticipate the implementation of a safeguard duty of 12-15% on steel imports.
- Tata Steel, JSW Steel, SAIL, and NMDC shares showed positive gains due to the expected price hikes and lower coking coal costs.
Safeguard Duties For Indian Steel To Boost Prices, Up Firms' Margins, Says Nomura
- Safeguard duties for Indian steel are expected to boost prices and increase the margins of steel makers, according to Nomura Research.
- Nomura analysts believe that a safeguard duty in the range of 10-15% on steel imports would result in a price hike of Rs 2,000 to 2,500 per tonne.
- The imposition of safeguard duties would be beneficial as it targets all imports, including those from countries with free trade agreements.
- Nomura maintains a 'positive' stance on the Indian steel industry and a 'buy' rating for JSW Steel and Jindal Steel And Power.

Suzlon secures 204.75 MW wind energy order from Jindal Renewables
- Suzlon Energy Limited has secured a wind energy order of 204.75 MW from Jindal Renewables, expanding their partnership to a total capacity of 907.20 MW.
- This is Suzlon's largest Commercial & Industrial (C&I) order to date, with C&I customers representing 59% of Suzlon's order book.
- The order involves supplying 65 wind turbine generators with a 3.15 MW capacity, to be installed in Tamil Nadu.
- The power generated will be used for captive consumption at Jindal Steel's plants in Chhattisgarh and Odisha, supporting their decarbonization efforts.

India’s steel majors’ see production flatline amid imports concerns, but domestic demand strong
- India's steel majors reported flattish or less than 2% y-o-y production growth for the April-January period.
- India's finished steel production increased by 5% at 120.5 million tonnes, primarily driven by 'other steel maker categories' and JSPL's 20% growth.
- Larger steel mills witnessed a 1.3% y-o-y rise, while smaller and secondary mills increased production by nearly 10% during the same period.
- India's steel trade deficit stood at ₹36,524 crore, with exports of 4 million tonnes valued at ₹33,338 crore, and imports of 8.40 million tonnes valued at ₹69,862 crore.

Stock Market Live Updates 3 March 2025: Sensex, Nifty brace for volatility amid global uncertainties
- Q4CY24 GDP shows shallow recovery, with downgraded GDP forecasts for FY25 and FY26 by various financial institutions.
- RBI indicates the rate cutting cycle will continue amid the recovery.
- Stock updates: Companies like Axis Bank, Adani Green, Voltas, and Jindal Steel make significant moves and announcements.
- Key agreements, contracts, and developments in various sectors including solar energy, gaming, and technology reported.
- M&M reports higher tractor and auto sales numbers, exceeding estimates, indicating positive performance.
- US Core PCE Price Index in line with expectations, while NSE and BSE witness substantial turnover.
- Stock analysis and recommendations for companies like Chambal Fertilisers, Shyam Metalics, and HG Infra Engineering shared.
- Updates on crude oil prices, dollar index, gold and silver futures, rupee's performance, and investments in gold ETFs discussed.
- Information on UltraTech Cement investments, HealthCare Global growth prospects, and NTPC investment opportunities provided.
- Trade recommendations for AU Small Finance Bank, Axis Bank, Cholamandalam Investment and Finance Company, and insights on Nifty indices changes shared.

Stock Market Highlights 28 February 2025: Bloodbath on D-Street; Sensex plunges 1.9% to 73,198, Nifty settles below 22,150
- Stock market witnessed a bloodbath, with Sensex plunging 1.9% to 73,198 and Nifty settling below 22,150 amid US tariff uncertainty affecting forex traders.
- Nifty Bank and Nifty 50 opened lower, indicating a bearish bias with supports at 48,600 and 22,200 respectively.
- Real estate sector outlook remains positive due to large-scale projects, redevelopment boom, and RBI rate cuts, enhancing market stability.
- Credit card spending declined 2% MoM but grew 14% YoY, while credit card transactions fell 1% MoM with a slowdown in issuance.
- Key insights on credit card market show HDFC Bank and SBI maintaining dominant positions, while Yes Bank's market share stagnated.
- Companies like Kotak Mahindra Bank, HDFC AMC, and Crompton discussed recent developments, expansions, and strategic initiatives in their respective sectors.
- Stock movements for companies like Tata Power, Angel One, Tata Chemicals, Jindal Steel, and Granules India were analyzed, reflecting market dynamics and updates.
- Notable announcements include Coal India's levy introduction, Crompton's new product launches, and Bajaj Auto's growth strategies shared by various analysts.
- Market trends indicate caution in aggressive positioning, focus on non-lending BFSI businesses, and potential rate cut expectations.
- Overall, the article discusses market fluctuations, sector-specific insights, key analyst recommendations, regulatory developments, and company-specific updates.

Jindal Said To Raise Bid For Italian Steelmaker To €4 Billion
- Jindal Steel raised its offer for an Italian steelmaker to about €4 billion ($4.2 billion), seeking to outbid rivals from Azerbaijan.
- The proposal includes about €3 billion of investments to revamp the main steel plant in Taranto.
- The Italian steelmaker, currently under a state-administration regime, has been beset by controversy and disputes for years.
- Prime Minister Giorgia Meloni's government is expected to select a winning bidder in the coming weeks.

ICICI Securities revise Nifty 50 target to 27,000 level, Sensex at 90,000
- ICICI Securities has revised the target for Nifty 50 to 27,000 and for Sensex to 90,000.
- The brokerage firm expects corporate earnings to rebound as election-led uncertainty and Union Budget are behind.
- The report highlights that the market provides lucrative opportunities for long-term wealth generation with more reasonable valuations.
- ICICI Securities identifies key sectors for investment and mentions Bank of Baroda, Persistent Systems, Tata Consumer Products, Jindal Steel and Power, Va Tech Wabag, Piramal Pharma, JK Cement, and Titan Company as its top picks.

Jindal Steel and Power Subsidiaries
Jindal Power
Jindal Shadeed Iron & Steel
Jindal Infosolutions
Jindal Petroleum
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