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Jindal Steel: The company has completed the 6mtpa expansion at Angul, taking its crude steel capacity in Angul to 12mtpa and its total capacity. This expansion positions Jindal Steel as the fourth-largest steel producer in India. Supported by the incremental capacity and improving domestic demand, MOFSL expects the steelmaker to witness a 17 per cent CAGR in volume. Coupled with steady NSR growth and an increasing value-added portfolio, revenue is projected to witness a 21 per cent CAGR over FY26-28. The company has posted strong earnings in Q4FY26, and on coal gasification, this company will get benefit from coal gasification. Positive
14 May 2026, 9:30AMJSW Steel: The company reported consolidated Crude Steel production for April’26 at 21.18 Lakh tonnes. Production growth, excluding BF3 production from last year’s base, was about 10%, driven by the full ramp-up of JVML operations. The capacity utilisation of its India operations for the month stood at 83%. Neutral.
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