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23 Dec
12:03

JSPL's near-term margins to remain healthy: ICRA

Jindal Steel & Power (JSPL)’s improving domestic steel operations, together with ongoing deleveraging in its international subsidiaries, are leading to a material improvement in its consolidated capitalisation, says ICRA. The credit rating agency has thus upgraded various ratings on the Indian producer. Despite challenging market conditions amid the outbreak of the pandemic, JSPL reported 13% on-year shipment growth in the eight months through November v…
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