Jindal Steel And Power Ltd (JNSP.NS)
30 Jan 2015
** Shares of Jindal Steel and Power have gained over 3 pct in each trading session of 2015 so far ** Stock gained 7.9 pct in Dec vs a fall of 3.6 pct in NSE index ** Promoter group company Opelina Finance and Investment bought shares of Jindal Steel on several days in Dec and Nov (http://bit.ly/13RPoZQ) ** Opelina Finance held 8.7 pct stake in the company in the Sept-quarter - BSE data ** Promoter buying provides confidence and support for current valuations and business out
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Stock Gain Pct Jindal Steel and Power 5 Videocon Industries 4.7 Vakrangee 6.5 DLF 1.9 SpiceJet 16 Autoline Industries 6.3 ** Fund raising has picked up after the Bharatiya Janata Party's landslide election win in May ** Jindal Steel unit allotted 5,000 privately placed NCDs ** Videocon to issue 15.7 mln GDRs worth $45.22 million ** Vakrangee to raise money via share sale to q
Reuters Market Eye - Jindal Steel and Power gains 3.4 percent.
** Jindal Steel and Power gains 3.4 pct ** 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 block auction bidding process to help incumbents, as per ICICI Securities note ** While acknowledging competition, JSPL expects itself to be favourably disposed under the technical parameters, the note adds ** India's coal minist
NEW DELHI - 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 Supreme Court decision to scrap coalfields allocated to private firms since 1993.
NEW DELHI, Nov 24 - 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.
MUMBAI, Oct 27 - India's Jindal Steel and Power Ltd said on Monday the Indian federal police were investigating the allotment of a coal block to the company.
* BSE index falls 0.37 pct; NSE ends 0.29 pct lower * DLF, Jindal Steel hit by regulatory worries * Defence equipment makers rally By Abhishek Vishnoi MUMBAI, Oct 27 - Indian shares fell on Monday, retreating from a more than one-month high hit earlier in the session as investors booked profits after recent strong gains, while consumer goods maker Hindustan Unilever slumped after it warned the country's consumer spending will remain weak in the near term. The decli
Reuters Market Eye - Shares of companies facing regulatory probes extend recent falls. DLF slumps over 8 percent.