Jindal Steel And Power Ltd

Jindal Steel & Power Ltd rose 1.88% today to trade at Rs 923. The BSE Metal index is up 1.21% to quote at 29601.76. The index is down 5.07 % over last one month. Among the other constituents of the index, Jindal Stainless Ltd increased 1.85% and Tata Steel Ltd added 1.76% on the day. The BSE Metal index went down 2.37 % over last one year compared to the 7.81% surge in benchmark SENSEX. Jindal Steel & Power Ltd has added 0.9% over last one month compared to 5.07% fall in BSE Metal index and 3.25% rise in the SENSEX. On the BSE, 9491 shares were traded in the counter so far compared with average daily volumes of 46357 shares in the past one month. The stock hit a record high of Rs 1097.1 on 21 Jun 2024. The stock hit a 52-week low of Rs 723.95 on 31 Jan 2025.Powered by Capital Market - Live

Jindal Steel & Power, through its wholly owned subsidiary, Jindal Steel Odisha (JSO), has acquired shareholding in Allied Strips for a cash consideration of Rs 217.53 crore. Consequently, Allied Strips (ASL) has become a subsidiary of the Company. The acquisition of ASL will help JSO expand its product portfolio and provide significant synergies with the existing steel manufacturing business (steel produced in JSO can be used as a raw material in ASL). Incorporated in August 1992, ASL specializes in the manufacturing and supply of steel products. The company produces a variety of steel items, including hot rolled coils, cold rolled coils, Cold Rolled Close Annealed (CRCA) steel, serving diverse sectors, including automotive, white goods, precision tubes etc. The company currently has a capacity to process over 3,00,000 metric tonne of HR coil per annum.Powered by Capital Market - Live

The mine, with an estimated reserve of 3,257 million tonnes, is located just 11 km from JSPL's Angul steel plant, making it a key asset for the company. JSPL won the block with a revenue-sharing bid of 10%, reducing its dependence on external coal supplies and ensuring a stable flow of raw materials for its steel production. The acquisition strengthens the company's backward integration strategy, helping mitigate risks related to supply chain disruptions and price volatility. By securing a long-term fuel supply, JSPL is enhancing its operational efficiency while reinforcing its commitment to the Aatmanirbhar Bharat initiative, aligning with the government's vision for self-reliance in critical industries. Jindal Steel and Power is the flagship company of Jindal Group, an industrial powerhouse which has a strong presence in the steel, power, mining, and infrastructure sectors globally. The company's consolidated net profit declined 50.7% to Rs 950.48 crore in Q3 FY25 as against Rs 1,928.32 crore posted in Q3 FY24. Revenue from operations rose by 0.4% year on year to Rs 11,750.67 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 910.35, up 2.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Jindal Steel & Power Ltd has risen around 7.79% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 3.52% in last one month and is currently quoting at 8685.2, up 2.34% on the day. The volume in the stock stood at 18.18 lakh shares today, compared to the daily average of 28.64 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 914.2, up 2.15% on the day. Jindal Steel & Power Ltd is up 8.5% in last one year as compared to a 0.19% drop in NIFTY and a 6.18% drop in the Nifty Metal index.The PE of the stock is 18.98 based on TTM earnings ending December 24.Powered by Capital Market - Live

Jindal Steel & Power Ltd is up for a fifth straight session today. The stock is quoting at Rs 880.85, up 0.18% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.45% on the day, quoting at 22810.7. The Sensex is at 75366.78, down 0.49%. Jindal Steel & Power Ltd has slipped around 1.78% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has slipped around 1.94% in last one month and is currently quoting at 8523, up 1.31% on the day. The volume in the stock stood at 27.66 lakh shares today, compared to the daily average of 34.25 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 884.75, up 0.68% on the day. Jindal Steel & Power Ltd is up 12.4% in last one year as compared to a 2.67% jump in NIFTY and a 7% jump in the Nifty Metal index.The PE of the stock is 18.7 based on TTM earnings ending December 24.Powered by Capital Market - Live

Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 857.7, up 1.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 22940.75. The Sensex is at 76034.18, up 0.09%. Jindal Steel & Power Ltd has slipped around 8.15% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has slipped around 3.26% in last one month and is currently quoting at 8255.6, up 0.94% on the day. The volume in the stock stood at 5.43 lakh shares today, compared to the daily average of 33.98 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 857.7, up 1.19% on the day. Jindal Steel & Power Ltd is up 12.86% in last one year as compared to a 3.35% jump in NIFTY and a 4.74% jump in the Nifty Metal index.The PE of the stock is 18.01 based on TTM earnings ending December 24.Powered by Capital Market - Live

Navin Fluorine International Ltd, Whirlpool of India Ltd, Bank of Baroda, Astral Ltd are among the other stocks to see a surge in volumes on BSE today, 31 January 2025.Jindal Steel & Power Ltd witnessed volume of 4.97 lakh shares by 10:47 IST on BSE, a 27.32 times surge over two-week average daily volume of 18189 shares. The stock dropped 8.87% to Rs.765.60. Volumes stood at 24171 shares in the last session.Navin Fluorine International Ltd witnessed volume of 69408 shares by 10:47 IST on BSE, a 16.07 times surge over two-week average daily volume of 4320 shares. The stock increased 8.35% to Rs.4,231.95. Volumes stood at 15384 shares in the last session.Whirlpool of India Ltd notched up volume of 37687 shares by 10:47 IST on BSE, a 9.51 fold spurt over two-week average daily volume of 3962 shares. The stock slipped 7.29% to Rs.1,170.10. Volumes stood at 15238 shares in the last session.Bank of Baroda notched up volume of 8.41 lakh shares by 10:47 IST on BSE, a 3.37 fold spurt over two-week average daily volume of 2.50 lakh shares. The stock slipped 4.47% to Rs.212.50. Volumes stood at 1.73 lakh shares in the last session.Astral Ltd witnessed volume of 42835 shares by 10:47 IST on BSE, a 2.4 times surge over two-week average daily volume of 17880 shares. The stock increased 3.16% to Rs.1,514.10. Volumes stood at 18023 shares in the last session.Powered by Capital Market - Live

Jindal Steel & Power Ltd lost 9.8% today to trade at Rs 757.8. The BSE Metal index is down 1.31% to quote at 27829.2. The index is down 3.57 % over last one month. Among the other constituents of the index, Coal India Ltd decreased 2.06% and Jindal Stainless Ltd lost 1.77% on the day. The BSE Metal index went up 5.04 % over last one year compared to the 7.32% surge in benchmark SENSEX. Jindal Steel & Power Ltd has lost 19.19% over last one month compared to 3.57% fall in BSE Metal index and 2.06% drop in the SENSEX. On the BSE, 89279 shares were traded in the counter so far compared with average daily volumes of 26791 shares in the past one month. The stock hit a record high of Rs 1097.1 on 21 Jun 2024. The stock hit a 52-week low of Rs 708.8 on 13 Feb 2024.Powered by Capital Market - Live

Net profit of Jindal Steel & Power declined 50.71% to Rs 950.48 crore in the quarter ended December 2024 as against Rs 1928.32 crore during the previous quarter ended December 2023. Sales rose 0.42% to Rs 11750.67 crore in the quarter ended December 2024 as against Rs 11701.32 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales11750.6711701.32 0 OPM %18.5824.29 - PBDT1897.482562.62 -26 PBT1199.421926.95 -38 NP950.481928.32 -51 Powered by Capital Market - Live

Jindal Steel & Power Ltd is down for a fifth straight session today. The stock is quoting at Rs 857.65, down 2.85% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22871.55. The Sensex is at 75485.37, down 0.93%.Jindal Steel & Power Ltd has lost around 6.6% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has eased around 3.96% in last one month and is currently quoting at 8438.8, down 2.01% on the day. The volume in the stock stood at 13.93 lakh shares today, compared to the daily average of 15.45 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 855.9, down 3.26% on the day. Jindal Steel & Power Ltd jumped 17.37% in last one year as compared to a 5.22% rally in NIFTY and a 5.42% spurt in the Nifty Metal index.The PE of the stock is 17.6 based on TTM earnings ending September 24.Powered by Capital Market - Live