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JNSP – Jindal Steel And Power Ltd

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Recommendation Rating

1.91

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Total Analysts: 23

Company Profile

Jindal Steel and Power Limited is an India-based steel producer. It operates through three segments: Iron and steel products, Power, and Others. The Iron and steel products segment comprise of manufacturing of Steel products, sponge iron, pellets, and castings. The Power segment comprises of business of power generation. The Others segment comprises mainly aviation, machinery division, and real estate. It is involved in mining of iron ore. It is also engaged in manufacturing of cement, lime, plaster, basic iron, and structural metal products. It also manufactures steam generators, except central heating hot water boiler. Its product portfolio includes rails, parallel flange beams and columns, plates and coils, angles and channels, wire rods, round bars, speed floors, Jindal panther thermo mechanically treated (TMT) rebars, Jindal panther cement, fabricated sections and semi-finished. It also has a power portfolio, comprising independent power plants and captive power projects.

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