Jindal Steel & Power (JSPL) is reportedly planning to split its international, power and steel businesses into three separate entities as part of restructuring. This will help the company to trim its Rs 42,000 crore debt and boost investors’ confidence.
The company’s international business would include the Oman steel plant, while the steel unit would include the coal mines. The company will seek to sell about 30% of Oman unit through an initial public offer (IPO).
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.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1288.80 |
| Lloyds Metals&Energy | 1650.00 |
| Jai Balaji Inds | 72.11 |
| Steel Exchange India | 9.88 |
| Rajputana Stainless | 129.20 |
| 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: