SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSPL’s arm enters into definite agreement to divest its 4.12% stake in IEX

15 Mar 2016 Evaluate

Jindal Steel and Power’s (JSPL) subsidiary company - Jindal Power, has entered into a definitive agreement to divest 4.12% holding in India Energy Exchange (IEX) at an undisclosed amount and is expected to realize the consideration within the current financial year. This step has been taken as a part of the monetization plan.

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.


Jindal Steel Share Price

1287.40 17.90 (1.41%)
20-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×