Jindal Steel & Power Ltd to consider QIP on Mar 16, 2018

A meeting of the Board of Directors of Jindal Steel & Power Ltd is scheduled to be held on Friday, the March 16, 2018 to consider issuance of securities to qualified institutional buyers by way of qualified institutions placement and to authorize and delegate various actions in this regard.

The trading window for trading in securities of the Company by designated employee(s)/ connected person(s) of the Company, shall remain closed from March 13, 2018 to March 18, 2018, both days inclusive.

Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.230.1 as compared to the previous close of Rs. 221.7. The total number of shares traded during the day was 1081397 in over 5309 trades.

The stock hit an intraday high of Rs. 233 and intraday low of 221.25. The net turnover during the day was Rs. 245253788.

Source : Equity Bulls

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