Jindal Steel and Power (JSPL) is planning to strengthen its footprint in the Punjab retail market. In this regard, the company is eyeing end users with the Thermo Mechanically Treated (TMT) Rebars for residential and industrial projects in the high seismic zones.
The company has 23 stockyards in India and plans to add three more - one for Jammu in north - to expand its retail network across India. The existing stockyard at Ludhiana has excess capacities and the company has a sufficient network of dealers and distributers in Punjab to handle the increase in volume of products.
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 | 1287.40 |
| Lloyds Metals&Energy | 1627.90 |
| Jai Balaji Inds | 73.46 |
| Steel Exchange India | 9.75 |
| Rajputana Stainless | 128.40 |
| 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: