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Jindal Steel and Power stock hits 52-week high amid a falling market, here's why

Shares of Jindal Steel and Power Ltd (JSPL) hit a fresh 52-week high amid a market selloff today. The large cap stock rose 0.86 per cent to Rs 566.10 against the previous close of Rs 561.25 on BSE. Market cap of the firm stood at Rs 56,533 crore. JSPL share has gained 46.3 per cent since the beginning of this year and risen 42 per cent in one year.
Pavitraa Shetty Motilal Oswal Power Ltd Jindal Steel Gare Palma Centrum Broking

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