Jindal Steel and Power is currently trading at Rs. 283.40, up by 1.40 points or 0.50% from its previous closing of Rs. 282.00 on the BSE.
The scrip opened at Rs. 283.00 and has touched a high and low of Rs. 285.95 and Rs. 282.00 respectively. So far 52,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 473.90 on 20-Dec-2012 and a 52 week low of Rs. 181.55 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 286.80 and Rs. 257.00 respectively. The current market cap of the company is Rs. 26,484.00 crore.
The promoters holding in the company stood at 59.12% while Institutions and Non-Institutions held 27.57% and 13.31% respectively.
Jindal Steel and Power (JSPL) is reportedly planning to add 1800 MW power by end of FY14. With this, the total capacity of the company is expected to be around 2,800 MW by end of financial year 2014. Further, the company is planning to bring down its Debt-Equity ratio in FY15.
Recently, the company raised the prices of steel plates by Rs 500-1000 per tonne. The company also increased prices of rebars by about Rs 1,000 per tonne.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
The scrip opened at Rs. 283.00 and has touched a high and low of Rs. 285.95 and Rs. 282.00 respectively. So far 52,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 473.90 on 20-Dec-2012 and a 52 week low of Rs. 181.55 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 286.80 and Rs. 257.00 respectively. The current market cap of the company is Rs. 26,484.00 crore.
The promoters holding in the company stood at 59.12% while Institutions and Non-Institutions held 27.57% and 13.31% respectively.
Jindal Steel and Power (JSPL) is reportedly planning to add 1800 MW power by end of FY14. With this, the total capacity of the company is expected to be around 2,800 MW by end of financial year 2014. Further, the company is planning to bring down its Debt-Equity ratio in FY15.
Recently, the company raised the prices of steel plates by Rs 500-1000 per tonne. The company also increased prices of rebars by about Rs 1,000 per tonne.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
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