Breaking News

Jindal Stainless Q3 PAT Seenup 140% YoY To Rs. 408 Cr: ICICI Direct

    live

  • bselive
  • nselive

Volume Todays L/H More

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Metals & Mining sector. The brokerage house expects Jindal Stainless to report net profit at Rs.408 crore up 140% year-on-year (down 01% quarter-on-quarter).

Net Sales are expected to increase by 40 percent Y-o-Y to Rs. 5,006 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 56 percent Y-o-Y (down 01 percent Q-o-Q) to Rs. 740 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

[var1]

Read More Read More

%d bloggers like this: