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Jindal Steel & Power trades higher on the bourses

03 Jul 2013 Evaluate

Jindal Steel and Power is currently trading at Rs. 215.40, up by 1.40 points or 0.65% from its previous closing of Rs. 214.00 on the BSE.

The scrip opened at Rs. 210.60 and has touched a high and low of Rs. 217.10 and Rs. 208.15 respectively. So far 4, 68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 480.00 on 05-Jul-2012 and a 52 week low of Rs. 194.00 on 24-Jun-2013.

Last one week high and low of the scrip stood at Rs. 225.95 and Rs. 194.70 respectively. The current market cap of the company is Rs. 20,136 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 and Power (JSPL) is planning to spend Rs 24,000 crore by the end of 2014-15 fiscal in order to finish its ongoing expansion and start work on next phase of capacity addition. Out of which, the company plans to spend a capital expenditure of Rs 12,000 crore for both steel and power together in this year and Rs 11,000-12,000 crore in the next year. It will be commissioning new steel mills in Odisha’s Angul and in Oman and a new power plant of 2,400-MW capacity in Chhattisgarh’s Tamnar.

The firm has reported 24.54% drop in FY13 net profit at Rs 1592.55 crore as compared to Rs 2110.65 crore for the year ended March 31, 2012. The company’s total income has increased by 11.80% at Rs 15113.98 crore for the year as compared to Rs 13518.43 crore for the previous year.

Jindal Steel Share Price

1269.50 45.65 (3.73%)
17-Apr-2026 16:59 View Price Chart
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