JSW Steel plans capex funding through internal accruals
after close1 source ↓written by the desknot a recommendation
JSW Steel's joint MD & CEO, Jayant Acharya, stated the company aims to fund most of its capital expenditures through internal accruals. With steel demand remaining resilient, the firm is focusing on deleveraging and securing raw materials while advancing key projects. The recovery in steel prices since January is expected to support margins further.
Not investment advice. For informational purposes only.