Jindal Steel & Power (JSPL) is currently trading at Rs. 339.00, up by 2.35 points or 0.70% from its previous closing of Rs. 336.65 on the BSE.
The scrip opened at Rs. 337.40 and has touched a high and low of Rs. 341.85 and Rs. 335.75 respectively. So far 97468 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 518.90 on 19-Apr-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. 343.90 and Rs. 325.00 respectively. The current market cap of the company is Rs. 31644.12 crore.
The promoters holding in the company stood at 59.07% while Institutions and Non-Institutions held 28.54% and 12.39% respectively.
Jindal Steel & Power (JSPL) aims to become the third largest steel producer in the country and it has drawn up ambitious plans to achieve the same. It expects to increase revenues from its steel business to Rs 80,000-1 lakh crore by 2020. It is also ramping up its steel production capacity to 14 million tonne per annum (mtpa) in the next two years.
The company plans to spend about Rs 30,000 crore in Angul, Odisha for setting up of a steel plant with a capacity of 6MTPA. Another, Rs 11,000-12,000 crore will be invested in Patratu, Jharkhand for steel capacity of 3 MTPA.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1269.50 |
| Lloyds Metals&Energy | 1622.70 |
| Jai Balaji Inds | 72.59 |
| Steel Exchange India | 8.96 |
| Rajputana Stainless | 125.90 |
| View more.. | |
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