SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Monnet Ispat & Energy plans Rs 2300 crore capex for expansion

15 May 2012 Evaluate

Monnet Ispat & Energy is planning for capital expenditure of around Rs 2,300 crore during the current fiscal for capacity expansion. The company is going to allocate this fund as,  Rs 800 crore for expansion of steel capacity and Rs 1,500 crore in power plants.

The company’s implementation of 1,050-MW power plant at Angul has been progressing well and the plant is expected to be operational in second half of fiscal 2014. The company has already started for tying up debt for the 660 MW proposed plant to be set up in the same location.

JSW Ispat Special Share Price

38.97 0.00 (0.00%)
09-Aug-2023 18:01 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×