INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on Jindal Steel Power Ltd
with a target price of Rs 175.0
The current market price of Jindal Steel Power Ltd
is Rs 186.3 Time period given by the analyst is Intra Day when Jindal Steel Power Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 192 Jindal Steel Power Ltd., incorporated in 1979, is a largecap company with a market cap
of Rs 18032.84 crore.
Jindal Steel Power Ltd
key Products/Revenue Segments include Sponge Iron which contributed Rs 15665.46 Crore to Sales Value (97.33 % of Total Sales), Other
Operating Revenue which contributed Rs 350.30 Crore to Sales Value (2.17 % of Total Sales), Export Incentives which contributed Rs 68.87
Crore to Sales Value (0.42 % of Total Sales) and Scrap which contributed Rs 10.05 Crore to Sales Value (0.06 % of Total Sales)for the year
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 8522.79 Crore, up 23.45 % from last quarter Sales of
Rs 6903.79 Crore and up 39.93 % from last year same quarter Sales of Rs 6090.78 Crore Company has reported net profit after tax of Rs
-426.35 Crore in latest quarter
Mr.Naveen Jindal, Mr.Rajeev Bhadauria, Mr.Ram Vinay Shahi, Mr.Ravikant Uppal, Mr.S Annadurai, Mr.Sudershan K Garg, Mrs.Savitri Jindal,
Mrs.Shallu Jindal, Mrs.V C Mirunalini
as its auditoRs As on 30-06-2018, the company has a total of 967,946,379 shares outstanding.
