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JSL Stainless strengthens on completion of restructuring process of $250 million ECB

02 Apr 2013 Evaluate

Jindal Stainless is currently trading at Rs. 55.00, up by 1.55 points or 2.90% from its previous closing of Rs. 53.45 on the BSE.

The scrip opened at Rs. 53.80 and has touched a high and low of Rs. 56.40 and Rs. 53.60 respectively. So far 29726 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 88.70 on 11-Dec-2012 and a 52 week low of Rs. 44.05 on 26-Mar-2013.

Last one week high and low of the scrip stood at Rs. 56.40 and Rs. 44.05 respectively. The current market cap of the company is Rs. 1122.43 crore.

The promoters holding in the company stood at 39.08% while Institutions and Non-Institutions held 32.79% and 18.88% respectively.

JSL Stainless has successfully completed restructuring process of existing $250 million External Commercial Borrowing (ECB) during the quarter ended March 31, 2013 with the consent of all Lenders.

Jindal Stainless manufactures stainless steel slabs, blooms, hot rolled and cold rolled coils, 60% of which are exported worldwide. It has a stainless steel making facility at Hissar and a ferro alloy plant at Vizag.

Jindal Stainless Share Price

787.90 -1.55 (-0.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
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