03
Oct
14:25
India's JSPL targets debt reduction and Ebitda growth
India’s Jindal Steel & Power Ltd (JSPL) has set ambitious targets for its earnings and debt reduction over the next two years according to its ceo Naveen Jindal.
In a note monitored by Kallanish, the steelmaker says that it has set targets to reduce its net debt by more than INR 10,000 crore ($1.41 billion) to below INR 30,000 crore. It also plans to take Ebitda to “… more than 12,000 crore per year on a consolidated basis over the next tw…
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Anonymous
Very good overview of the weekly steel market.
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