According to a report by JM Financial, JSW Steel reported a consolidated EBITDA of Rs 61 billion for the fourth quarter, aligning with their estimates. This represented a 15% quarter-on-quarter (QoQ) decline, driven by lower sales realizations and higher coking coal costs. The company’s standalone operating EBITDA for Q4 FY24 was Rs 44 billion, reflecting a 23% QoQ decrease and a 29% year-on-year.
Open FlipThe easiest way to achieve that goal is through an ETF, and one of the best in the space is the Vanguard S&P Small-Cap 600 Value ETF (NYSEMKT: VIOV).📌Small-cap value stocks historically outperform. 📌Small-cap stocks are currently undervalued. 📌The Vanguard S&P 600 is more concentrated in small caps. 📌Every company in the fund is profitable. 📌The economic outlook is good.
Open FlipPresident Joe Biden spent his first few years in office trying to reverse a hallmark of Trump era: Touting (and taking credit) whenever the stock market hit a new milestone. But new market highs in recent months and the opportunity to bait Donald Trump in an election year have proven simply too tempting to resist. The latest example was DJIA closing above 40,000 for the first time ever last week.
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