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Jindal Steel & Power surges on reporting 6.55% increase in consolidated Q3 net profit

19 Jan 2012 Evaluate

Jindal Steel & Power is currently trading at Rs. 515.95, up by 6.00 points or 1.18% from its previous closing of Rs. 509.95 on the BSE.

The scrip opened at Rs. 519.40 and has touched a high and low of Rs. 520.45 and Rs. 511.15 respectively. So far 93826 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 723.50 on 06-Apr-2011 and a 52 week low of Rs. 435.55 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 520.45 and Rs. 490.60 respectively. The current market cap of the company is Rs. 47966.32 crore.

The promoters holding in the company stood at 58.58% while Institutions and Non-Institutions held 29.09% and 12.33% respectively. 

Jindal Steel & Power has announced the results for the quarter ended December 31, 2011.

The company has posted a net loss of Rs 461.07 crore for the quarter ended December 2011, down 8.14% from Rs 501.93 crore in the corresponding year-ago period. Its total income has increased by 36.85% to Rs 3298.32 crore for the quarter under review from Rs 2410.23 crore for the similar quarter of the previous year.

On consolidated basis, the group has posted a net profit of Rs 996.68 crore for the quarter ended December 2011, up 6.55% from Rs 935.43 crore in the corresponding year-ago period. Its total income has increased by 38.25% to Rs 4,400.26 crore for the quarter under review from Rs 3,182.70 crore for the similar quarter of the previous year.

Jindal Steel Share Price

1269.50 45.65 (3.73%)
17-Apr-2026 16:59 View Price Chart
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