Which steel is better JSW or Tata?

At the operating level, Tata Steel India was the highest at Rs 8,011 crore in the year ended March (down 35 per cent yoy), followed by JSW Steel, which witnessed a marginal fall of 0.25 per cent on a year-on-year basis to Rs 5,967 crore. In terms of net profits, JSW Steel is much lower than its peers.

Is Sail good for long term investment?

The share price of SAIL has halved over the past one year from Rs 110 to its current price of Rs 54. The company is on a steel capacity expansion drive to 21 mtpa from the current 12.8 mtpa at an estimated project cost of Rs 62,000 cr. However, SAIL is a good long term bet and can easily double in the next 18 months.

Which steel is better for construction?

TMT Steel or TMX steel is the best bet for house construction. They are the latest generation of reinforcement steel (high-strength and ductile than their predecessors) .

Which steel is best for slab?

What is your analysis of JSW Steel Limited (JSW)?

My analysis of JSW Steel Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 673.4 as stoploss in an intra day buy trade for a target of 703.42. However, stock will show a bearish move below 673.4.

Will JSW Steel take over Tata Steel’s Monnet Ispat?

The Competition Commission of India has approved JSW Steel’s bid for Monnet Ispat, and the company is now waiting for a final approval from the NCLT. Monnet Ispat’s facility includes a mill that can produce 1.5 million tons of steel a year. This will take JSW Steel’s total capacity to 19.6 million tons, and over take Tata Steel.

Will JSW Steel take back the Crown of India’s largest steelmaker?

With its acquisition of Bhushan Steel nearing completion, Tata Steel can now formally wear the crown of the largest steelmaker in India. But it’s a glory that its close competitor, and now number two, JSW Steel will be eager to take back. And the Sajjan Jindal-company may well do that within weeks.

Is JSW-Monnet Ispat deal as good as done?

But for most practical purposes, the deal is as good as done. However, Tata Steel runs the risk of losing its crown soon, as JSW Steel is finishing off the last of the formalities in its acquisition of Monnet Ispat, which like Bhushan Steel was referred to the National Company Law Tribunal (NCLT) last year.