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02 Nov
11:03

JSPL anticipates economic recovery following profitability surge

Jindal Steel & Power (JSPL) says the economy is on the path to recovery, with healthy steel demand foreseen ahead. India’s purchasing managers’ index jumped to 56.8 in September, its highest level in over eight years, while Goods and Services Tax collection is returning to normal. JSPL reported its highest-ever standalone steel sales of 1.93 million tonnes in the second fiscal quarter through September (see Kallanish passim). This was up …
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