Jindal Steel & Power is currently trading at Rs. 160.60, up by 1.60 points or 1.01% from its previous closing of Rs. 159.00 on the BSE.
The scrip opened at Rs. 155.00 and has touched a high and low of Rs. 161.00 and Rs. 153.65 respectively. So far 991908 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 270.80 on 26-Feb-2018 and a 52 week low of Rs. 123.30 on 06-Feb-2019.
Last one week high and low of the scrip stood at Rs. 164.15 and Rs. 141.75 respectively. The current market cap of the company is Rs. 15540.38 crore.
The promoters holding in the company stood at 58.66%, while Institutions and Non-Institutions held 27.05% and 14.29% respectively.
Jindal Steel and Power (JSPL) has emerged as lowest bidder in a tender worth approximately Rs 3,300 crore, floated by Rail Vikas Nigam (RVNL) for supply of 4.45 lakh tonnes (LT) of rails. RVNL functions as an extended arm of the Ministry of Railways. It is empowered to act as an umbrella special purpose vehicle (SPV) to undertake projects directly or by creating project specific SPVs.
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.
