JSW Steel on Monday reported a 6.45 per cent decline in consolidated net profit at Rs 234.08 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 250.23 crore in the same quarter ended June 2008, JSW Steel said in a filing to…
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JSW Steel zooms 11%, company gets back in black
Posted on: May 7th 2009 in Stock News.
JSW Steel has rallied on news that the company today reported turnaround in net profit as against a loss of Rs 49 crore reported in the quarter ended December, 2008. The stock has zoomed over 11% to Rs 424 on volumes of around 2.13 million shares …
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