Jindal Steel & Power Limited (JSPL) is a Jindal Group company, with an annual turnover of over Rs. 11000 Cr. It is a leading player in the Steel industry. The company produces economical and efficient steel and power, through backward integration from its own captive coal, iron-ore mines and power plants. It serves both domestic as well as international markets. Over the last 10 years, JSPL has had an impressive financial track record, with robust growth rates in its earnings.
- What will help JSPL maintain a robust earnings growth rate in the future, too?
- At its current price, what should be your investment decision?
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