JSW Steel, one of India’s leading steel producers, has shown strong momentum in the stock market. On October 3, 2024, it opened at Rs 1,028.00 and reached an intraday high of Rs 1,060.

Hem Securities has issued a BUY recommendation for Jindal Steel & Power Limited (JINDALSTEL) with a target price of ₹1,182, implying a potential upside of 16% from the current market price of ₹

JSW Steel Stock Price was trading firm on Friday as the markets were showcasing bullish trends.

Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations.

Jindal Steel has been suggested as a BUY with target price of Rs 225 by Shrikant Chouhan, Executive Vice President - Equity Technical Research, Kotak Securities.

India's Jindal Steel and Power, the third largest steel manufacturing company in India, expects to start producing gas in Bolivia in June this year, for export to Argentina.

A company official, who did not want to be recognized, informed that the gas supplies would come from a processing plant in the eastern province of Santa Cruz.

It should be noted that the company and its Bolivian partners began drilling at the El Palmar gas field at the end of March and have already invested around $7 million in the project.