JSPL zooms after recording 30% growth in standalone steel production in December

Jindal Steel Ltd. | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 532286 | NSE: JINDALSTEL

04 Jan 2021 Evaluate

Jindal Steel & Power is currently trading at Rs. 279.50, up by 9.20 points or 3.40% from its previous closing of Rs. 270.30 on the BSE.

The scrip opened at Rs. 273.70 and has touched a high and low of Rs. 280.95 and Rs. 272.75 respectively. So far 524708 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 287.35 on 17-Dec-2020 and a 52 week low of Rs. 62.10 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 280.95 and Rs. 257.70 respectively. The current market cap of the company is Rs. 28111.64 crore.

The promoters holding in the company stood at 60.47%, while Institutions and Non-Institutions held 25.92% and 13.60% respectively.

Jindal Steel & power (JSPL) has reported highest ever Production & Sales in December 2020. The company witnessed year on year growth of 30.05% in standalone steel production with 7.27 lakh tonnes in December 2020 as compared to 5.59 lakh tonnes of standalone steel production a year ago during the same period. The company’s standalone sale also rises with 7.11 lakh tonnes in December 2020 as compared to standalone sales of 5.67 lakh tonnes in the previous year during the same period.

The company posted a record standalone steel production of 19.3 lakh tonnes in Q3FY21 compared to 16.1 lakh tonnes in Q3FY20. The company’s standalone steel sales also increased by 12% (Y-o-Y) to 18.8 lakh tonnes in Q3FY21 compared to 16.7 lakh tonnes in Q3FY20. Its steel exports increased by 18% (Y-o-Y) to 3.87 lakh tones in Q3FY21 contributing 21% to the total sales volumes.

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 Share Price

1121.95 2.10 (0.19%)

11-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Jindal Steel	1121.95
Lloyds Metals&Energy	1674.15
Jai Balaji Inds	64.15
Steel Exchange India	11.15
Rajputana Stainless	128.00
View more..

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