The small-cap share has gained 232 per cent since the beginning of this year. Praj Industries share stands higher than 5 day, 10 day, 20 day, 50 day, 100 day, and 200-day moving averages. Market cap of the firm rose to Rs 7,041.49 crore
Jindal Steel share slips 7% post Q4 earnings
The company reported a 23 times jump in net profit to Rs 1,900 crore in Q4. Profit in the year-ago period stood at Rs 82 crore. For FY21, the company reported a net profit of Rs 5,527 crore against reporting losses in the past 6 years
BusinessToday.In | May 14, 2021 | Updated 12:12 IST
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Share of Jindal Steel & Power (JSPL) declined over 7 per cent after the company reported March quarter earnings. The share opened 2 per cent higher at Rs 466 against the previous close of Rs 456.70 on BSE. However, the stock shed all early gains amid profit booking.
The company reported a 23 times jump in net profit to Rs 1,900 crore in Q4. Profit in the year-ago period stood at Rs 82 crore. For FY21, the company reported a net profit of Rs 5,527 crore against reporting losses in the past 6 years.