Jindal Saw is currently trading at Rs. 81.65, up by 1.00 points or 1.24% from its previous closing of Rs. 80.65 on the BSE.
The scrip opened at Rs. 80.85 and has touched a high and low of Rs. 82.70 and Rs. 79.70 respectively. So far 80795 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.70 on 16-Jan-2020 and a 52 week low of Rs. 40.00 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 84.95 and Rs.79.30 respectively. The current market cap of the company is Rs. 2612.39 crore.
The promoters holding in the company stood at 63.02%, while Institutions and Non-Institutions held 10.24% and 26.73% respectively.
Jindal Saw has received an approval for issuance of listed, secured, taxable, redeemable, non-convertible debentures (Debentures), in one or more tranches, aggregating up to Rs 1,000 crore on private placement basis to the investors to be identified through Electronic E-biding Platform (EBP) and for the proposal of winding up of Jindal International FZE (UAE), a step down subsidiary of the Company which is dormant since its incorporation. The Board of Directors in their meeting held on January 11, 2021, approved the same.
Jindal Saw is a leading global manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India. Its products have application in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications.
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|---|---|
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