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FUTURE

FUTURE: BUY JINDAL STEEL

  • July 16, 2021
  • By Ruhul AMIN Mondal
  • 106 Views 701 comments

Jindal Steel and Power Limited is an Indian steel and energy company based in New Delhi, India. With turnover of approx. ₹40000 crore, JSPL is a part of about ₹130000 crore diversified Jindal Group conglomerate. JSPL is a leading player in steel, power, mining, oil and gas and infrastructure in India. The company produces steel and power through backward integration from its own captive coal and iron-ore mines .In terms of tonnage, it is the third largest steel producer in India. The company manufactures and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates and coils and coal-based sponge iron plant. Jindal Power Limited which operates Jindal Tamnar Thermal Power Plant a 1000 MW (4×250 MW) coal-based thermal power plant in Raigarh district in state of Chhattisgarh. This plant is fully functional. JSPL has forayed into construction retail industry with the launch of Jindal Panther TMT Rebars for the housing segment. These rebars are manufactured in 1.0 MTPA capacity TMT Rebar mill at PatratuJharkhand, supplied by Siemens . JIPT was established to develop a pool of technically trained power plant professionals for power utilities of India and abroad. The course authorizes the pass outs to operate or undertake maintenance of any part or whole of a generating stations of capacity 100 MW & above together with the associated sub stations. It is recognized by Central Electricity Authority (CEA), Ministry of Power as Category-l Institute. It is promoted by Jindal Education & Welfare Society, which is supported by Jindal Power Limited. The Institute possesses a simulator of 250 MW/600 MW generating units. JIPT is located in the 4X250, 4X600 MW Jindal Tamnar Thermal Power Plant in TamnarRaigarh, Chhattisgarh.

Script Name –JINDAL STEEL

Expire Date-JULY

Buy Price –405

Profit Target-425/440

Stop Loss-398

Call Duration-CARRY FORWARD

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