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Top News In ஜுசப்ல் பகிர் ப்ரைஸ் Today - Breaking & Trending Today

JSPL Q1 result: Net profit soars 967% to ₹2,516 cr

The June quarter marked exemplary performance by all businesses including steel and overseas mines and minerals businesses, JSPL said ....

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JSPL hits 52-week high as board approves divestment in Jindal Power

Shares of Jindal Steel and Power (JSPL) jumped 3 per cent to hit a fresh 52-week high of Rs 455.95 on the BSE after the company board approved divesting entire equity interest in subsidiary Jindal Power to Worldone, a promoter group company, for Rs 3,015 crore.
The board of directors of JSPL has approved the divestment of its entire equity interest (representing 96.42 per cent of the issued and paid-up capital) in Jindal Power (JPL) by way of sale of shares, to Worldone, a promoter group company and a related party to the company, JSPL said in a regulatory filing.
The equity value is an all-cash offer of Rs 3,015 crore, including 3,400 MW coal fired power plants in Chhattisgarh and other non-core assets owned by JPL. ....

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Stocks to watch: Antony Waste, M&M, JSPL, Infibeam Avenues, IDBI Bank

Here are the top stocks to watch out for in today s session:
Antony Waste Handling: The shares of Antony Waste will list on bourses today; the issue price has been fixed at Rs 315 per share.
IDBI Bank: The lender sold 23 per cent stake in its life insurance arm to Ageas for Rs 507 crore. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law.
Canara Bank: Canara Bank on Thursday said it has raised Rs 1,635 crore through bonds, to fund business growth. ....

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JSPL shares: JSPL rises 3% as arm emerges as successful bidder for coal mine block

Synopsis
Jindal Steel and Power (JSPL) said the coal ministry has declared Jindal Power as the successful bidder for Gare Palma IV/1 Mine.
A part of the OP Jindal Group, JSPL has presence in steel, power, mining and infrastructure sectors.
NEW DELHI: Shares of Jindal Steel & Power (JSPL) gained 3 per cent in Friday s trade after the Naveen Jindal-owned company said its subsidiary Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.
Following the development, the stock rose 2.53 per cent to hit a high of Rs 272.80 on BSE.
In a statement, Jindal Steel and Power (JSPL) said the coal ministry has declared Jindal Power as the successful bidder for Gare Palma IV/1 Mine. The company said this in the post market hours of Thursday. ....

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