JSPL rises on completing 250 ton Basic Oxygen Furnace at Angul steel plant

27 Dec 2017 Evaluate

Jindal Steel and Power (JSPL) is currently trading at Rs. 193.95, up by 1.35 points or 0.70% from its previous closing of Rs. 192.60 on the BSE.

The scrip opened at Rs. 195.00 and has touched a high and low of Rs. 197.50 and Rs. 192.45 respectively. So far 4,34,268 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 197.50 on 27-Dec-2017 and a 52 week low of Rs. 64.95 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 197.50 and Rs. 182.50 respectively. The current market cap of the company is Rs. 17,756.00 crore.

The promoters holding in the company stood at 61.89%, while Institutions and Non-Institutions held 21.22% and 16.89% respectively.

JSPL has successfully completed a 250 Ton Basic Oxygen Furnace (BOF) marking the completion of its 6 MTPA integrated steel project at Angul, Odisha. With the completion of the new steel making facility, the company will utilize the full capacity of its 4 MTPA Mega Blast Furnace, the largest in India. The BOF will also enable the company to achieve significantly higher cost effectiveness and efficiencies for steel making.

JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.


Jindal Steel & Power Share Price

849.75 15.95 (1.91%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Jindal Steel & Power 849.75
Jai Balaji Inds 925.00
Lloyds Metals&Energy 600.60
Steel Exchange India 13.82
KIC Metalik 42.00
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