JSPL records 16% growth in Quarterly Steel

NewsTimePro(NewDelhi):

JSPL Shining Growth In Domestic Quarterly Steel & Related products Production and Sales in Q1 FY 20

– Q1 Sales at 1.51 Million Tonnes
– 16% y-o-y growth in Quarterly Sales
– Q1 Production at 1.57 Million Tonnes
– 17% y-o-y growth in Quarterly Production

The company recorded steel & related products production of 1.57 MT (Million Tonnes) and sales of 1.51 MT during the quarter of April – June 2019. The quarterly steel & related products production & sales saw a robust 17% and 16% growth respectively during Q1 FY20 on a year-on-year basis. The quarterly production and sales of steel & related products stood at 1.35 MT and 1.30 MT respectively in Q1FY19.
Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.134.2 as compared to the previous close of Rs. 142.05. The total number of shares traded during the day was 932849 in over 5038 trades.The stock hit an intraday high of Rs. 142.6 and intraday low of 133.4. The net turnover during the day was Rs. 128622687.

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