Intrinsic Value

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

The Coal Ministry has penalised a total of 45 firms and issued show cause notice to another 107 for delay in mine operations and missing production targets. The Coal ministry’s move comes in light of delays in mine operations and missed production targets by 45 coal mine allottees

Govt terminates coal mines of NTPC, WBPDCL and Monnet Ispat & Energy

The stock of JISPL gained 7.11% on the BSE on Friday to close at Rs 30.9. JSW Steel closed 0.54% lower at Rs 548.65. Formerly Monnet Ispat & Energy Limited, JISPL was acquired by JSW Steel and its promoters in 2018 through bankruptcy court. CSSL is the holding company of JISPL.

JSW Steel | Jindal Ispat Steel: JSW Steel to merge Jindal Ispat Steel, holding company with itself

The transfer will be on a slump-sale basis for Rs 443 crore. Formerly known as Monnet Ispat & Energy Limited, the company was acquired by JSW Steel and its promoters from the bankruptcy court in 2018.

JSW Ispat to transfer commodity-grade steel business to new subsidiary Mivaan Steels in a slump sale

How Electrosteel, Bhushan Steel, Essar Steel, Monnet Ispat & Energy, and Bhushan Power and Steel have been turned around by their acquirers

Showing steely resolve to rebuild dreams

The steel plants acquired via IBC process include Bhushan Steel, Essar Steel, Electrosteel Steels, Monnet Ispat & Energy Ltd and Bhushan Power & Steel

Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL

Monnet Ispat & Energy reports consolidated net profit of Rs 241.89 crore in the September 2020 quarter

Monnet Ispat Standalone June 2020 Net Sales at Rs 594.57 crore, down 23.49% Y-o-Y

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Monnet Ispat And Energy June Quarter Net Loss Widens - Investing.com India

Monnet Ispat Consolidated March 2020 Net Sales at Rs 617.31 crore, up 15.86% Y-o-Y

Astrazeneca Pharma, Dr Lal Pathlabs and Monnet Ispat are among a few companies which will announce their March quarter results on Monday.

Board Meetings Today: Vedanta, Bharti Airtel, Torrent Pharma, Delta Corp and GSK Pharma

Monnet Ispat Consolidated December 2019 Net Sales at Rs 583.32 crore, up 18.12% Y-o-Y

JSW Ispat Special Products Limited is engaged in manufacturing and marketing of pellets, sponge iron, ferro alloys, billets, structural steels and thermo mechanically treated (TMT) bars. It has integrated steel plant at Raigarh that has a production capacity of approximately 1.5 million tons per annum (MTPA) to produce hot rolled (HR) plates, rebars and structure profiles to cater to the infrastructure and construction industry. The products of the Company are supplied in Business-to-Business segment. Sponge iron is used in the iron and steel industry as a substitute for scrap in induction and electrical arc furnaces. It serves various industries including automobile, infrastructure, construction, equipment and machinery manufacturing, transport, which includes ships, trains, and cars and round bars for automotive components. It has two manufacturing facilities namely, at Raigarh and Raipur, in the state of Chhattisgarh.

JSW Ispat Special Products Ltd

JSW Ispat Special Products Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Govt terminates coal mines of NTPC, WBPDCL and Monnet Ispat & Energy

JSW Steel | Jindal Ispat Steel: JSW Steel to merge Jindal Ispat Steel, holding company with itself

JSW Ispat to transfer commodity-grade steel business to new subsidiary Mivaan Steels in a slump sale

Showing steely resolve to rebuild dreams

Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL

Monnet Ispat & Energy reports consolidated net profit of Rs 241.89 crore in the September 2020 quarter

Monnet Ispat Standalone June 2020 Net Sales at Rs 594.57 crore, down 23.49% Y-o-Y

JSW Ispat Special Products Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Govt terminates coal mines of NTPC, WBPDCL and Monnet Ispat & Energy

JSW Steel | Jindal Ispat Steel: JSW Steel to merge Jindal Ispat Steel, holding company with itself

JSW Ispat to transfer commodity-grade steel business to new subsidiary Mivaan Steels in a slump sale

Showing steely resolve to rebuild dreams

Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL

Monnet Ispat & Energy reports consolidated net profit of Rs 241.89 crore in the September 2020 quarter

Monnet Ispat Standalone June 2020 Net Sales at Rs 594.57 crore, down 23.49% Y-o-Y

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock