Jindal Steel & Power is currently trading at Rs. 145.50, up by 2.30 points or 1.61% from its previous closing of Rs. 143.20 on the BSE.
The scrip opened at Rs. 143.70 and has touched a high and low of Rs. 146.90 and Rs. 143.60 respectively. So far 273675 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 350.00 on 09-Jun-2014 and a 52 week low of Rs. 125.05 on 17-Dec-2014.
Last one week high and low of the scrip stood at Rs. 156.60 and Rs. 142.05 respectively. The current market cap of the company is Rs. 13284.40 crore.
The promoters holding in the company stood at 61.29% while Institutions and Non-Institutions held 22.66% and 16.05% respectively.
In a bid to take the generation capacity to 8,600 MW in the next five years, Jindal Steel & Power (JSPL) is looking to invest about Rs 20,000 crore in its power business. The company’s present capacity is 5,300 MW including 3400 MW of its arm Jindal Power. The company last week has completed its 2,400-MW Tamnar expansion project in Chhattisgarh for about Rs 13,000 crore.
Jindal Steel & Power 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.
