Jindal Steel & Power is currently trading at Rs 256.20, up by 0.75 points or 0.29% from its previous closing of Rs 255.45 on the BSE.
The scrip opened at Rs 255.30 and has touched a high and low of Rs 260.20 and Rs 255.00 respectively. So far 134110 shares were traded on the counter.
The BSE group 'A' stock of face value Re 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 257.50 and Rs 234.45 respectively. The current market cap of the company is Rs 24074.51 crore.
The promoters holding in the company stood at 59.12% while Institutions and Non-Institutions held 27.57% and 13.31% respectively. CARE has reaffirmed ‘AA+’ rating to Jindal Steel & Power’s Long-term Bank facilities worth Rs 14,864.84 crore, Non Convertible Debentures Programme-I worth Rs 500.00 crore, Non Convertible Debentures Programme-II worth Rs 1,000.00 crore, Non Convertible Debentures Programme-III worth Rs 1,612.00 crore, Proposed Non Convertible Debentures Programme-IV worth Rs 100 crore .
The rating agency has also reaffirmed ‘A1+’ rating to company’s Short-term Bank facilities worth Rs 5,799.80 crore and Commercial Papers Programme worth Rs 1,500.00 crore.
The ratings continue to factor in JSPL consistent track record of profitable operations and the healthy cash flows generated by the company over the years. The ratings favourably consider JSPL’s integrated nature of operations backed by captive raw materials as well as power leading to healthy profitability margins, the company’s diversified product mix and its moderate capital structure as well as debt protection metrics.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers
| Company Name | CMP |
|---|---|
| Jindal Steel & Power | 879.10 |
| Lloyds Metals&Energy | 914.00 |
| Jai Balaji Inds | 922.25 |
| Steel Exchange India | 10.20 |
| KIC Metalik | 42.50 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
