Who is the owner of Jindal Stainless steel?
Ratan Jindal
Ratan Jindal. A Commerce graduate and alumni of Wharton School of Management, Mr. Ratan Jindal is the Chairman of India’s largest stainless steel manufacturing group, Jindal Stainless. Part of the USD 25 billion (March’19) OP Jindal Group, the foundation of Jindal Stainless was laid with its incorporation in 1970.
Where is Jindal Stainless located?
The state-of-the-art unit of Jindal Stainless is located in the eastern part of India in the state of Odisha. A name synonymous with Enterprise, Excellence and Versatility, Jindal Stainless Limited is one of the largest integrated manufacturers of stainless steel in India with a capacity of 1 million tons per annum.
Is Jindal Steel debt free?
The company is aligned with the India growth story and we want to become a net debt-free company by FY23 through accelerated deleveraging”. Part of O P Jindal Group, JSPL has a presence in steel, power and mining sectors. The company has made investments worth USD 12 billion USD (Rs 90,000 crore) across the globe.
Who is the CEO of Jindal group?
Mr. Naveen Jindal His vision at JSPL is driven by the core principle of Nation Building and creating world-class capabilities to make India self-reliant. JSPL, under his leadership, was declared as the highest wealth creator in the world between the Years 2005-2009 by the Boston Consulting Group.
Is Jindal Steel a government company?
Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in New Delhi, India….Jindal Steel and Power.
| Type | Public |
|---|---|
| Net income | ₹−399 crore (US$−53 million) (2020) |
| Total assets | ₹89,741 crore (US$12 billion) (2020) |
| Total equity | ₹32,035 crore (US$4.3 billion) (2020) |
| Number of employees | 6,153 (2020) |
Which company is led by Shri Prithvi Raj Jindal?
Jindal SAW Ltd.
Prithvi Raj Jindal is the Chairman (Non – Executive) of Jindal SAW Ltd. Mr. Sajjan Jindal is the Chairman of JSW Group.
How can I tell if my stainless steel is 304 or 204?
The 204 material produces yellowish red sparks due to the lower nickel content when ground with a grinder. The 304 sparks are more reddish. Also the 304 sparks travel faster where the 204 sparks travel less distance. There are magnetic spot tests and other laboratory tests which can accurately identify the material.
Who is leading Jindal Saw?
Prithvi Raj Jindal
Which Indian companies are debt free?
Companies use capital to conduct their daily operations. This capital comes from either their own fund or credit from somebody….Best 10 Debt-Free Company Stocks To Invest In India 2021.
| Company | Debt | Market Cap in Rs |
|---|---|---|
| HDFC AMC Ltd | 0 | 66.17TCr |
| Max Financial | 0 | 34.77TCr |
| Hindustan Unilever Limited (HUL) | 0 | 5.58LCr |
| ICICI Prudential Life Insurance | 0 | 84.38TCr |
What is the debt of JSPL?
JSPL’s consolidated net debt declined to Rs 15,227 crore in Q1FY22 from Rs 22,146 crore in March 2021. The company’s net debt also reduced by 32% from FY20 to FY21 and has narrowed to 64% on a consolidated basis since FY18.
What is the full form of Jindal?
What are the full forms of JSW in Business? Jindal South West | Japan Steel Works | Jastrzębska Spółka Węglowa.
Which is better Tata Steel vs JSW?
Last year, the company had overtaken Tata Steel to become the number two in the industry. JSW Steel reported net sales of Rs 52,971 crore in the year ended March against Rs 45,710 crore reported by SAIL. In comparison, Tata Steel’s India operations reported net sales of Rs 33,666 crore in the same period.
When did the company Jindal Stainless change its name?
Jindal Stainless Limited was incorporated on 29th September 1980 as Jindal Ceramics Limited and then on 29th January 2001, the company changed its name to Jindal Int.com Limited. The company’s current name Jindal Stainless Limited was adopted on 28th January of the year 2003.
What kind of company is Jindal Steel and power?
US$ 3.3 billion, JSPL is a part of about US$18 billion diversified Jindal Group conglomerate. JSPL is a leading player in steel, power, mining, oil and gas and infrastructure in India. The company produces steel and power through backward integration from its own captive coal and iron-ore mines.
Where is Jindal stainless plant located in India?
The state-of-the-art unit of Jindal Stainless LImited is located in the eastern part of India, in the state of Odisha. The plant comprises 250,000 tonnes per annum ferro-alloy facilities with world-class technology and equipment sourced from SMS Siemag and Andritz Sundwig.
Which is the largest stainless steel company in India?
Jindal Stainless is an Indian stainless steel producer which is headquartered in New Delhi, India.. As of January 2019, Jindal Stainless has an annual crude stainless steel melt capacity of 1.9 million tonne per annum (MTPA).