LIVE MARKET UPDATE

Tuesday 15 March 2016

Stock Cash Tips: JSPL up 3%, arm to divest 4.12% stake in India Energy Exchange


"As part of the monetisation plan already advised, Jindal Power, a subsidiary company of JSPL has entered into a definitive agreement to divest 4.12 percent holding in India Energy Exchange at an undisclosed," says the company in its filing.

Jindal Steel & Power (JSPL) shares gained nearly 3 percent intraday Tuesday after its subsidiary divested stake in India Energy Exchange.
 
By the end of March 2015, the company had consolidated debt of Rs 42,252 crore, increased significantly from Rs 34,230 crore in March 2014.  
 
At 09:33 hours IST, the scrip of Jindal Steel & Power was quoting at Rs 60.65, up Rs 0.90, or 1.51 percent on the BSE. 

6 comments:

  1. Epic Research give better advices and tips by deep research, for traders to trade profitably.

    ReplyDelete
  2. • RIL surprises with Rs 7,704-cr net profit
    • Ashok Leyland bags Rs 1,140-cr worth order from Tanzania
    • HCL Tech Q2 net beats estimates, dollar revenue at USD 1722 mn
    CapitalStars

    ReplyDelete
  3. very nice stock tips you provide here !!!

    ReplyDelete
  4. I also think same about it. Here see how to find the right investor for your business?

    ReplyDelete
  5. There is definitely a great deal to learn about this subject. I really like all of the points you have made.

    ReplyDelete