NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
Jai Balaji Industries Ltd. is a fully integrated steel company with a focus on specialized products such as ductile iron pipes and ferroalloys, operating in Eastern India.
We return positive from Jai Balaji Industries’ plant visit in Durgapur, near Kolkata, West Bengal. We visited Units III and IV, spread over 400 acres of land situated in the Burdwan division of West Bengal, which produce DI pipes and TMT bars as finished products through different manufacturing routes.
The plant has a DI pipe capacity of 240 ktpa, a TMT bar capacity of 260 ktpa, and a ferroalloy capacity of 100 ktpa. The DI pipe capacity is set to more than double over the next year to 600 ktpa, while the total ferroalloy capacity is expected to grow from 130 ktpa to 190 ktpa.
The ongoing capacity expansion plan began with an estimated outlay of Rs 10 billion out of which over Rs 4 billion has already been spent.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU

TCS Q1 Results Review — 'Buy' The Stock Maintains Systematix On Robust Pipeline, Compelling Valuations


Hindustan Zinc's Growth Prospects Are Clouded By Funding Woes


Motilal Oswal Stays 'Neutral' On Hindustan Zinc, Says Current Valuation Captures The Positives


Bajaj Auto Q4 Review: Motilal Oswal Maintains 'Neutral', Says KTM Turnaround To Be Among The Key Monitorables
