Jindal Steel & Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 1045.05, up 2.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25955.35. The Sensex is at 84997.01, up 0.08%. Jindal Steel & Power Ltd has risen around 6.03% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 1.98% in last one month and is currently quoting at 9454.85, up 2.37% on the day. The volume in the stock stood at 21.44 lakh shares today, compared to the daily average of 18.64 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1048, up 2.63% on the day. Jindal Steel & Power Ltd is up 50.32% in last one year as compared to a 31.92% spurt in NIFTY and a 43.3% spurt in the Nifty Metal index.The PE of the stock is 19.55 based on TTM earnings ending June 24.Powered by Capital Market - Live

Jindal Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1038.9, up 0.76% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 25374.05. The Sensex is at 82944.41, up 0.06%. Jindal Steel & Power Ltd has risen around 8.93% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 3.54% in last one month and is currently quoting at 9370.65, up 1.23% on the day. The volume in the stock stood at 11.42 lakh shares today, compared to the daily average of 14.43 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1039.7, up 0.78% on the day. Jindal Steel & Power Ltd is up 47.97% in last one year as compared to a 26.03% spurt in NIFTY and a 36.34% spurt in the Nifty Metal index.The PE of the stock is 19.74 based on TTM earnings ending June 24.Powered by Capital Market - Live

Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a landmark Memorandum of Understanding (MOU) to implement India's biggest investment in green hydrogen by any Indian steelmaker till date. This collaboration underscores a major commitment by both companies towards decarbonisation and green energy leadership in India's steel industry. The MOU outlines JSPL's plan to integrate green hydrogen into its Direct Reduced Iron (DRI) units in Angul, Odisha. This initiative represents a significant leap towards low emission steel production. In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tons per annum set to commence by December 2025. In addition, the project will also entail supply of 36,000 tons of oxygen per annum that will be used in the Angul steelworks. JRPL will also be supplying ~3GW of renewable energy to JSPL's facilities reducing the steelmaker's dependence on coal fired energy by 50% in the next 2-3 years. This integration of green energy is expected to drastically lower the company's carbon footprint. JSPL will provide essential infrastructure and support, while JRPL will handle the development and operation of the green hydrogen and renewable energy facilities. This collaboration underscores a major commitment to decarbonisation and green energy leadership in India's steel industry. With innovative engineering, the MOU aims not only to significantly slash the cost of green hydrogen production but also to ensure sustainable long term business model by locking in offtake for the next 25 years. Powered by Capital Market - Live

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 984.6, up 1.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 24979.2. The Sensex is at 81644.31, up 0.15%. Jindal Steel & Power Ltd has risen around 8.32% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 1.84% in last one month and is currently quoting at 9028.2, up 1.04% on the day. The volume in the stock stood at 10.44 lakh shares today, compared to the daily average of 13.99 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 989.2, up 2.24% on the day. Jindal Steel & Power Ltd is up 42.32% in last one year as compared to a 24.46% spurt in NIFTY and a 31.38% spurt in the Nifty Metal index.The PE of the stock is 18.51 based on TTM earnings ending June 24.Powered by Capital Market - Live

Jindal Steel & Power announced that the Annual General Meeting (AGM) of the company will be held on 30 August 2024.Powered by Capital Market - Live