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Jindal Steel up on hopes coal block bidding may help incumbents

Jindal Steel and Power (JNSP.NS) gains 3.4 percent. ICICI Securities says it hosted a roadshow for the company in UK. Company was represented by Group CEO Ravi Uppal and head of investor relations D.Balasubramanyam, the broker adds. JSPL expects coal ...

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Jindal Steel vaults up 4.65% on NSE

Jindal Steel vaulted nearly 5 per cent to lead the pack on the NSE on Wednesday morning. At 10.50 am it held gains of 4.65 per cent to trade at Rs. 148.65 as against Rs. 142.05 at close yesterday. BHEL was on firm ground, ...

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India’s Jindal Steel shelves $10 bln project after coal setback

India’s Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman told Reuters, becoming the first big casualty of a court decision to scrap coalfields allocated to private firms since 1993. Jindal Steel’s 1.5 billion tonne ...

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Jindal Steel, Hindalco surge after govt’s move to auction coal blocks

Jindal Steel, Hindalco surge after govt’s move to auction coal blocks

Jindal Steel and Power Ltd (JNSP.NS) gains 7 percent, while Hindalco Industries Ltd (HALC.NS) is up 2.2 percent. India said on Monday it would auction off coal blocks after the Supreme Court cancelled allocations in August. India also said winners ...

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