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JSWISPL
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-0.15 (-0.47%)
Previous Close: 31.65
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Bull 🐂 News : HDFC bank profit rise 19% #HDFCBANK Oberoi Reality profit rise 400% BEL profit rise 3752% #BEL OMCs reduce Airline fuel price by 2.2% Bear 🐻 News: 5% Gst on Packed Food items from today JSPL profit decline 69% #JSWISPL General Considerations: GST rise on Hotel rooms from today Food oil rates will decline 15 to 35 Rs per Litre on Government Order India's President Election today Finance, Pharma & IT stocks will go up today #NIFTY50 #NIFTYBANK

Kishore kumar Ganta

#JSWISPL will declare results on May 11, 2022 Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.

ResultsBot

Stocks to watch for next 2 weeks We could see 10- 15% upside in these in short term... Please analysis at your end before entering trades.. #UFO #MUKANDLTD #AWL #WHEELS #JSWISPL

Madan

Hit stocks for short term #MCLEODRUSS cmp 32 #JSWISPL -cmp 39 #ALOKINDS cmp32 #KOTHARIPET -116 Would recommend for 10-20% in short term

Madan

KrisDom Investor

Stock Info Official

#JSWISPL Not a recommendation *JSW ISPAT SPECIAL STEEL- HUGE SCOPE TO INCREASE UTILIZATION - STRONG RERATING (50% UPSIDE)POTENTIAL FROM CURRENT LEVELS- TRADES AT 40% DISCOUNT TO JSW STEEL FY23E EV/EBITDA VALUATIONS* (CMP INR 40/Share, TGT INR 60/Share, Mcap INR 4,000 crore, Net Debt INR 2,500 crore) KEY TRIGGERS 1.) *Solid Management (Led by JSW Steel) Track Record*- A consortium of AION Investments Private II Ltd., (AION) and JSW Steel acquired a majority stake in MIEL (Currently known as JSW ISPAT SPECIAL STEEL), and along with lenders, provided the funds for capital expenditure and working capital 2.) *Good Potential Capacity- Replacement Cost of INR 12,000-15,000 crore*- JISPL owns a 1 million ton steel plant with potential to increase it to 1.5 million ton. Also it has 0.8 million ton of Sponge Iron, 2.2 million ton of pellet, 0.96 million ton sinter plant and a 230 MW captive power plant. 3.) *Currently in Ramp up stage*- JISPL is operating its pellet plant at 80-85% utilization in FY21 and its steel plant at 40% utilization. With better demand and improving RM availability utilization is expected to increase significantly. JSW guides for 0.6 MT production of steel in FY22E and possibly 1 MT in FY23E. 4.) *JSW Groups Iron ore mines to help increase utilization*- JSWSL was declared as the “Preferred Bidder” for four operational mines recently auctioned in Odisha in Jan-Feb 2020. The estimated iron ore reserves of the above mines are around 1,131 million tonnes. Post-execution of the Mine Development and Production Agreement and all statutory clearances, JSWSL is expected to start the mining operations by 3QFY22. The proximity of these mines to JSW Ispat steel plant in Chhattisgarh is expected to increase the raw material availability for JSW Ispat. Post ramp up of iron ore mines JSW Ispat utilization is expected to hit 90-100% 5.) *Marketing synergies with JSW Steel Limited* - JSW Steel extend to using its Neosteel brand. Additionally JSWSL’s manufacturing facilities are located in the Southern and Western parts of the country. JSW ISpat strategic presence in the Eastern part of the country will enable the JSW Steel Group to tap the markets in Central, Northern and Eastern parts of India. 6.) *Earnings tailwinds from better pellet spreads*- JSW Ispat reported INR 200 crore EBITDA in 4QFY21, strong earnings will continue as pellet demand remains extremely strong and as spreads are also much higher. 7.) *FY23E to see full utilization & peak earnings*- With full utilization of capacities JSW Ispat can report INR 1,200 crore EBITDA in FY23E i.e INR 1,000 crore from its 1 MT Steel Capacity at (Steel margin assumption - INR 10,000 EBITDA/Ton) and INR 200 crore EBITDA from its 1 MT Pellet which will be sold externally (Pellet Margin Assumption- INR 2,000/Ton) 8.) *Quotes at a significant (40-45%) discount to JSW Steel* JSW Ispat is expected to do INR 1,200 crore EBITDA & INR 600 crore PAT in FY23E i.e. it quotes at 5x FY23E EV/EBITDA & 8x FY23E P/E, JSW Steel is currently quoting at 8x FY23E EV/EBITDA which is almost a 40% premium. 9.) *Potential Merger with JSW Steel*- JSW group is the most efficient converter of steel globally, and may eventually merge JSW Ispat with itself. 10.) *Good Interest in Recent OFS*- AOIN Group recently came up with an OFS to sell INR 10 crore shares at a floor price of INR 27/Share, which got executed at INR 35/Share. 11.) *Tax Exemption to help save Cash flows*- Given that JSW Ispat is an NCLT case, it won’t have to pay tax for few years which will result in INR 150-200 crore savings which could be utilized to expand capacity

Sridhar Balakrishnan

Sridhar Balakrishnan

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ResultsBot-display-image
Reputation: 20,221  •  Jul 18 12:30 PM

#JSWISPL will declare results on Jul 20, 2022
Please plan your trades accordingly 😎
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Kishore kumar Ganta -display-image
Reputation: 4,740  •  Jul 18 2:04 AM

Bull 🐂 News :
HDFC bank profit rise 19%
Oberoi Reality profit rise 400%
BEL profit rise 3752%
OMCs reduce Airline fuel price by 2.2%
Bear 🐻 News:
5% Gst on Packed Food items from today
JSPL profit decline 69%
General Considerations:
GST rise on Hotel ......read more
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Reputation: 27,970  •  May 28 5:33 AM
JISPL, CSSL merger with JSW Steel gets board of directors' nod
The planned merger is intended to result in cost savings, better alignment, coordination, and streamlining of the units' day-to-day operations, among other things.
Moneycontrol
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Reputation: 20,221  •  May 9 12:30 PM

#JSWISPL will declare results on May 11, 2022
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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Madan-display-image
Reputation: 4,226  •  Apr 18 1:36 AM

Stocks to watch for next 2 weeks
We could see 10- 15% upside in these in short term... Please analysis at your end before entering trades..
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Short term trader-display-image
Reputation: 3,712  •  Feb 17 1:22 AM

JSW Ispat:
JSW Ispat Special Steel, a joint venture of JSW Steel and AION, will acquire 100% equity share capital of Mivaan Steels to hive off its Raipur (Chhattisgarh) plant along with certain other assets to MSL via slump sale for Rs 450 crore. #JSWISPL
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Madan-display-image
Reputation: 4,226  •  Jan 20 2:15 AM
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Reputation: 20,221  •  Jan 17 12:30 PM

#JSWISPL will declare results on Jan 19, 2022
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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Harry-display-image
Reputation: 1,825  •  Oct 20, 2021 5:32 AM

*JSW Ispat Special Products Ltd.* | *CMP* Rs. 34 | *M Cap* Rs. 1596 Cr | *52 W H/L* 68/17
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 1437.4 Cr (-1.7% QoQ, 50.5% YoY) vs QoQ Rs. 1462.2 Cr, YoY Rs. 955.3 Cr
EBIDTA came at Rs. 82.7 Cr (-5......read more
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# ENRICHANSRAJ - PANDEY-display-image
Reputation: 17,502  •  Oct 19, 2021 2:40 AM
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Satheesh Kumar-display-image
Reputation: 739  •  Oct 16, 2021 12:47 PM
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KrisDom Investor-display-image
Reputation: 29,763  •  Jul 22, 2021 1:52 AM
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Stock Info Official-display-image
Reputation: 3,414  •  Jul 21, 2021 2:45 AM
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Spoiledbrahmin-display-image
Reputation: 1,182  •  Jul 21, 2021 10:54 AM

#JSWISPL Q1 : Net Profit Down 31 % To Rs 64 cr (QOQ), Loss 154 cr YOY
Revenue Down 1 % To Rs 1468 cr (QOQ), Up 145 % YOY
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Spoiledbrahmin-display-image
Reputation: 1,182  •  Jul 10, 2021 7:50 AM

#JSWISPL special Q1 Steel production Up 76 % (YOY).. down 6 % (QOQ)
JSWISPL - 3834997
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Sridhar Balakrishnan-display-image
Reputation: 193,930  •  Jul 9, 2021 11:59 AM

Not a recommendation
*JSW ISPAT SPECIAL STEEL- HUGE SCOPE TO INCREASE UTILIZATION - STRONG RERATING (50% UPSIDE)POTENTIAL FROM CURRENT LEVELS- TRADES AT 40% DISCOUNT TO JSW STEEL FY23E EV/EBITDA VALUATIONS*
(CMP INR 40/Share, TGT INR 60/Share, Mcap INR 4,000 crore, Ne......read more
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Nik-display-image
Reputation: 17,788  •  Jun 22, 2021 8:26 AM

JSW ispat - fairly valued. Heavy debt. Mediocre results. Avoid for now
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Sridhar Balakrishnan-display-image
Reputation: 193,930  •  Jun 22, 2021 5:31 AM

JSW ISPAT SPECIAL PRODUCTS LTD - There was selling of 21% stake by a promoter at 35-37, which has caused the fall in price. Those holding can add around 37 and hold with stop below 29.00. timeframe/targets intact
Investment Ideas - 3587050
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Reputation: 27,970  •  Jul 22, 2020 3:23 AM
Monnet Ispat Consolidated June 2020 Net Sales at Rs 594.57 crore, down 23.49% Y-o-Y
Moneycontrol
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Reputation: 27,970  •  Jul 22, 2020 3:23 AM
Monnet Ispat Standalone June 2020 Net Sales at Rs 594.57 crore, down 23.49% Y-o-Y
Moneycontrol
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Reputation: 27,970  •  May 21, 2020 2:48 AM
Monnet Ispat Consolidated March 2020 Net Sales at Rs 617.31 crore, up 15.86% Y-o-Y
Moneycontrol
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Reputation: 27,970  •  May 19, 2020 3:28 AM
Monnet Ispat Consolidated March 2020 Net Sales at Rs 617.31 crore, up 15.86% Y-o-Y
Moneycontrol
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Reputation: 27,970  •  Mar 26, 2020 1:48 AM
Stocks in the news: NTPC, Yes Bank, Delta Corp, Ashok Leyland, Shankara Building
NTPC | Yes Bank | Ashok Leyland | Shankara Building Products | Kolte-Patil Developers and Cummins India are among the stocks that are in the news today.
Moneycontrol
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Reputation: 27,970  •  Oct 23, 2019 5:48 AM
Monnet Ispat Consolidated September 2019 Net Sales at Rs 660.44 crore, up 0% Y-o-Y
Moneycontrol
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Reputation: 27,970  •  Jul 29, 2019 6:43 AM
Monnet Ispat Standalone June 2019 Net Sales at Rs 777.09 crore, up 79.45% Y-o-Y
moneycontrol.com
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Reputation: 27,970  •  Jun 19, 2019 3:58 AM
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Reputation: 27,970  •  May 18, 2019 1:23 AM
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