JSPL or Jindal Steel and Power Ltd is one of the leading players in Steel, Power, Mining, Oil & Gas as well as Infrastructure sector of the company. Established by Shri. O.P. Jindal in the year 1952, in Hisar, India, the company has made a very rapid growth in this short period of time. Currently having more than 7000 employees, Jindal Steel and Power limited is the most valuable private manufacturer of steel across India. If considered in terms of capacity, it ranks third in India. The mainstream products of the company includes manufacturing and selling of sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates & coils and coal based sponge iron plant. The company is also known to one of the largest power generation plant too.
JSPL has regularly grasped newer opportunities with a steady increase in manufacturing capacity, diversifying investments and leveraging its core capabilities to venture into newer businesses. As per the official annual reports, JSPL’s investments in steel, power, oil & gas and mining have gone above US $ 30 billion. JSPL extended its wings to international arena too. It is also planning to have a trade of 2.1 billion USD in Bolivia, by setting up 10 million ton capacity plant etc.
The company is doing steady progress consistently. If you have any other important data available with you to complement this company profile, you can add them here. We try to offers services to interested people looking for trading tips in the stocks market. For that purpose we deliver reports, tips and market analysis. As a growing economy, India is running well to cope up with the progress rate of developed countries. So, it is the best time for investors like you to take part in the growth story of Indian companies. You are certain to benefit from this Bull Run in the Indian economy both in the short term and long term investments.
Sell Jindal Steel & Power with target of Rs 615 and stop loss of Rs 638, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 627, down 0.5% on the BSE.
Buy Jindal Steel & Power with target of Rs 690 and stop loss of Rs 610, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 639.85, up 0.1% on the BSE.
Buy JSW Steel for gains of 30% from current levels, says Harendra Kumar of Centrum Broking on CNBC Awaaz. The stock is currently trading at Rs 1203.50, up 0.2% on the BSE.
Buy Jindal Steel & Power with targets of Rs 680 and 740 and stop loss of Rs 612, says Kunal Sarogi, technical analyst, on Zee Business. The stock is currently trading at Rs 643.50, down 0.3% on the BSE.
Buy Jindal Steel & Power with 4-5 day target of Rs 665 and stop loss of Rs 605, says Rajesh Satpute, tehnical analyst, on CNBC Awaaz. The stock is currently trading at Rs 628.20, up 1% on the BSE.