Jindal Steel & Power is currently trading at Rs. 190.80, up by 3.90 points or 2.09% from its previous closing of Rs. 186.90 on the BSE.
The scrip opened at Rs. 188.00 and has touched a high and low of Rs. 192.95 and Rs. 185.00 respectively. So far 93063 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 473.90 on 20-Dec-2012 and a 52 week low of Rs. 181.55 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 209.80 and Rs. 181.55 respectively. The current market cap of the company is Rs. 17720.00 crore.
The promoters holding in the company stood at 59.13% while Institutions and Non-Institutions held 27.50% and 13.38% respectively.
Jindal Power, a subsidiary of Jindal Steel & Power is planning to set up hydro power plants in Tajikstan. At present, the company is executing three hydro power projects in the Northeastern state of Arunachal Pradesh, at Etalin, Atunnli and Kamla.
The company is also planning to buy hydro power projects of about 100 or 200 MW capacities and is also in talks with some companies. Jindal Power is aiming 10,000 MW of thermal generation capacity by 2020.
The company, which currently has 1,000 MW of coal-based capacity, is likely to add around 7,000 MW of the new capacity in India either by setting up new plants or acquisitions, while the remainder will be developed overseas, mostly in Africa.
| 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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