Why you should hold on to JSPL stock - The Hindu BusinessLine
Why you should hold on to JSPL stock Satya Sontanam BL Research Bureau | Updated on May 30, 2021 Jindal Steel & Power Ltd. at the current price of ₹396 continues to offer balanced risk-reward The stock of Jindal Steel & Power (JSPL) has risen more than sixfold since its lows in April 2020. The buoyancy in the stock performance was in line with other steel stocks on account of favourable global conditions resulting from capacity cut by Chinese steel plants, increasing demand for the metal globally and domestically, and loose monetary policy measures across the globe that are expected to incr...