Power Performer
Jindal Steel and Power had been performing well on the bourses since last one quater with satisfactory volume. This company has its presence into two promising sectors.Steel and power though recently the company lost the contract of sansen ultra mega power project. Its scrip price has not fallen. The majority of the revenues of the company come from steel buisness. Steel companys are planning to raise the price in new financial year already steel prices have rolled back once on the request of the Govt to control inflation steel exports will also term lucrative as international price will be raise soon,which will result into disagreement of Industry with the Govt Russia will soon turn into importer of steel and China is cubing their steel exports. This years financial nos will be soon our in the market and we are expecting fire works from this script.
Subscribe to:
Post Comments (Atom)
countdown
No comments:
Post a Comment