Jindal Steel & Power is currently trading at Rs. 134.55, up by 7.00 points or 5.49% from its previous closing of Rs. 127.55 on the BSE.
The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 135.00 and Rs. 129.25 respectively. So far 637290 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 202.40 on 11-Feb-2020 and a 52 week low of Rs. 62.10 on 03-Apr-2020.
Last one week high and low of the scrip stood at Rs. 135.00 and Rs. 115.85 respectively. The current market cap of the company is Rs. 13413.21 crore.
The promoters holding in the company stood at 60.48%, while Institutions and Non-Institutions held 25.75% and 13.77% respectively.
Jindal Steel & Power (JSPL) has recorded the highest ever standalone Steel sales of 640,000 tonnes in May 2020, which is a remarkable growth of 28% as compared to sales of 500,000 tonnes during the same period in the previous year. Out of 640,000 tonnes of total standalone sales, 4,01,000 tonnes are export sales.
The company has recorded consolidated Steel sales of 7,97,000 tonnes which is a growth of 26% as compared to sales of 631,000 tonnes during the same period in the previous year. The company has recorded Consolidated Steel production of 620,000 tonnes in May 2020.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India’s domestic energy and infrastructure requirement.
