Jindal Steel & Power (JSPL) has hiked TMT bars’ prices by Rs 800-1000/ tonne for May. Moreover, the company has kept other long and flat products' prices unchanged.
Recently, the company posted a fall of 9.76% in its net profit at Rs 430.83 crore for the quarter ended March 31, 2014 as compared to Rs 477.45 crore for the same quarter in the previous year. Total income of the company decreased by 12.15% to Rs 3820.56 crore for quarter under review as compared to Rs 4349.45 crore for the quarter ended March 31, 2013.
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.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1262.05 |
| Lloyds Metals&Energy | 1634.90 |
| Jai Balaji Inds | 71.49 |
| Steel Exchange India | 9.33 |
| Rajputana Stainless | 127.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: