SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSPL not acquiring controlling stake in Gopalpur port

28 Sep 2012 Evaluate

Jindal Steel & Power (JSPL) has precluded the possibility of acquiring controlling stake in Gopalpur Ports (GPL), a special purpose vehicle (SPV), developing the seasonal port at the beach town in south Odisha into an all-weather port. It has taken this decision after the Hong-Kong based Noble Group exited the SPV.

The company has now decided to develop its captive port proposed at Bahuda Muhan in Ganjam district, located within 50 km radius of the Gopalpur port. It has already given a presentation to the state government regarding its plan to establish a captive port at Bahuda Muhan.

Jindal Steel Share Price

1269.50 45.65 (3.73%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×