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JSPL surges on reporting 4% rise in steel sales in August

07 Sep 2021 Evaluate

Jindal Steel & Power is currently trading at Rs. 394.45, up by 4.10 points or 1.05% from its previous closing of Rs. 390.35 on the BSE.

The scrip opened at Rs. 392.80 and has touched a high and low of Rs. 399.30 and Rs. 389.90 respectively. So far 354562 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 501.60 on 10-May-2021 and a 52 week low of Rs. 159.70 on 22-Sep-2020.

Last one week high and low of the scrip stood at Rs. 399.30 and Rs. 368.55 respectively. The current market cap of the company is Rs. 40224.33 crore.

The promoters holding in the company stood at 60.47%, while Institutions and Non-Institutions held 25.77% and 13.76% respectively.

Notwithstanding subdued construction activities due to the ongoing monsoons in August, Jindal Steel & Power (JSPL) has maintained strong momentum in sales and production. Steel sales volume increased 6% M-o-M and 4% Y-o-Y to 7.1 lakh tonnes. Exports continue to boost JSPL’s sales efforts as its share increased to 42% during the month. Monthly production also rose 6% Y-o-Y to 6.6 lakh tonnes. Inventory levels continue to decline as sales volume surpass production for the second consecutive month.

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

1269.50 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
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