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ICICI Securities: Jindal Steel & Power Continues To Deleverage

JSPL stands out in the Indian metals space by virtue of its clear intent to deleverage and execution towards that end.

A worker cycles past signage for Jindal Steel & Power Ltd.’s plant in Raigarh, Chhattisgargh, India (Photographer: Udit Kulshrestha/BloombergKeywords) 
A worker cycles past signage for Jindal Steel & Power Ltd.’s plant in Raigarh, Chhattisgargh, India (Photographer: Udit Kulshrestha/BloombergKeywords) 
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