JSW Ispat Special Products Limited announces guidance for FY2021-22

JSW Ispat Special Products Limited has announced guidance on the production and sales for the financial year 2021-2022:

The production and sales guidance of the Company for financial year 2021-2022 is as below;

Crude Steel Production (million tonnes) - 0.64 (FY22 estimate)
Saleable Steel (million tonnes) - 0.63 (FY22 estimate)

JSW Ispat Special Products Limited ("JISPL" or "the Company") (formerly known as Monnet Ispat and Energy Limited): In August 2018, JISPL was acquired jointly by a consortium of AION Investments Private Limited (AION) and JSW Steel Limited through Corporate Insolvency Resolution Process (CIRP) as per Insolvency and Bankruptcy Code 2016 (IBC). JISPL has integrated steel unit at Raigarh and a steel unit in Raipur, both these units are located in State of Chhattisgarh.

Shares of JSW Ispat Special Products Limited was last trading in BSE at Rs.53.5 as compared to the previous close of Rs. 56.3. The total number of shares traded during the day was 431338 in over 774 trades.

The stock hit an intraday high of Rs. 55.7 and intraday low of 53.5. The net turnover during the day was Rs. 23130881.

Source : Equity Bulls

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