Jindal Steel & Power is currently trading at Rs 364.45, up by 4.50 points or 1.25% from its previous closing of Rs 359.95 on the BSE.
The scrip opened at Rs 360.00 and has touched a high and low of Rs 366.00 and Rs 360.00 respectively. So far 17445 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 608.90 on 15-Mar-2012 and a 52 week low of Rs 321.10 on 12-Sep-2012.
Last one week high and low of the scrip stood at Rs 369.95 and Rs 346.50 respectively. The current market cap of the company is Rs 33649.34 crore.
The promoters holding in the company stood at 59.02% while Institutions and Non-Institutions held 28.77% and 12.21% respectively.
In a bid to increase its steel making capacity to 14 million tonnes, Jindal Steel and Power (JSPL) is planning to invest Rs 23,000 crore in next three years. Of total of Rs 23,000 crore, the company will raise Rs 12,000 crore through debt, while rest will be funded from internal accruals.
Of the total investment, about Rs 14,000 crore will be invested on the company’s upcoming 6 million tonne (MT) steel plant. Besides, the company will be utilising about Rs 9,000 crore on it’s another greenfield venture, having 3 MT capacity, in Jharkhand’s Patratu and on expanding its Oman plant by another 2 MT.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1268.65 |
| Lloyds Metals&Energy | 1638.30 |
| Jai Balaji Inds | 72.60 |
| Steel Exchange India | 9.04 |
| Rajputana Stainless | 126.95 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: