jm financial

Adani group takes bond brokers on Gujarat trip to instill confidence – ET Infra

Indian billionaire Gautam Adani’s conglomerate took a group of local bond arrangers on a site visit last week, people familiar with the matter said, after gearing up to sell up to Rs 150 billion ($1.8 billion) worth of debt amid lingering concerns about its corporate governance. The Adani Group flew the bankers to Mundra in […]

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JSPL top steel pick yet again, SAIL’s debt clouds prospects – ET Infra

MUMBAI: Jindal Steel and Power‘s (JSPL) strong balance sheet and prospects of a further improvement in profitability have analysts vouching for it as the steel sector‘s top pick yet again. They remain wary about state-owned peer SAIL given its high debt levels. Both the steel majors announced earnings for the June quarter last week. Most

JSPL top steel pick yet again, SAIL’s debt clouds prospects – ET Infra Read More »

JSPL top steel pick yet again, SAIL’s debt clouds prospects – ET Infra

MUMBAI: Jindal Steel and Power‘s (JSPL) strong balance sheet and prospects of a further improvement in profitability have analysts vouching for it as the steel sector‘s top pick yet again. They remain wary about state-owned peer SAIL given its high debt levels. Both the steel majors announced earnings for the June quarter last week. Most

JSPL top steel pick yet again, SAIL’s debt clouds prospects – ET Infra Read More »

Analysts expect volumes & value-adds to drive growth at JSW Steel, offset debt – ET Infra

MUMBAI: Analysts have turned positive on JSW Steel after its latest quarterly earnings as they expect the benefits from likely growth in volumes and a higher proportion of value-added products to outweigh the impact of high debt on its books. Several brokerages have raised earnings estimates and target prices on JSW shares to factor in

Analysts expect volumes & value-adds to drive growth at JSW Steel, offset debt – ET Infra Read More »

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