Jindal Steel & Power (JSPL) has denied payment defaults. The company said all speculations/rumours with respect to payment default are baseless and false in nature.
As per the company, the business is going on as usual & normal and the company is generating adequate cash. So much so, that the company has prepaid Rs 300 crore towards non-convertible debentures (NCDs), earlier than its due date.
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 | 1269.50 |
| Lloyds Metals&Energy | 1622.70 |
| Jai Balaji Inds | 72.59 |
| Steel Exchange India | 8.96 |
| Rajputana Stainless | 125.90 |
| View more.. | |
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