JSPL is currently trading at Rs. 72.85, down by 0.65 points or 0.88% from its previous closing of Rs. 73.50 on the BSE.
The scrip opened at Rs. 72.60 and has touched a high and low of Rs. 73.20 and Rs. 72.30 respectively. So far 1,22,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 98.10 on 31-Dec-2015 and a 52 week low of Rs. 48.20 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 78.90 and Rs. 72.30 respectively. The current market cap of the company is Rs. 6,660.50 crore.
The promoters holding in the company stood at 61.89%, while Institutions and Non-Institutions held 20.00% and 18.11% respectively.
Jindal Steel and Power (JSPL), one of the largest players in steel market in India, has failed to pay Rs 15.43 crore towards the interest due on Non Convertible Debentures (NCDs) on October 31. Last month, the firm had defaulted on payment of interest on NCDs, due on September 30, 2016 on account of cash flow mismatches. The Naveen Jindal-led company has divested some of its assets in the last few months in order to pare debt. JSPL has a net debt of around Rs 46,000 crore.
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 | 1269.50 |
| Lloyds Metals&Energy | 1622.70 |
| Jai Balaji Inds | 72.59 |
| Steel Exchange India | 8.96 |
| Rajputana Stainless | 125.90 |
| 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: