Jindal Steel & Power lost 6.21% to Rs 245.35 at 15:16 IST on BSE after the company reported consolidated net loss of Rs 424.69 crore in Q4 March 2018, higher than net loss of Rs 100.01 crore in Q4 March 2017.
The result was announced after market hours yesterday, 9 May 2018.Meanwhile, the S&P BSE Sensex was down 78.48 points or 0.22% at 35,240.87.
On the BSE, 18.18 lakh shares were traded on the counter so far as against average daily volumes of 6.78 lakh shares in the past two weeks. The stock had hit a high of Rs 261.75 and a low of Rs 240.30 so far during the day. The stock had hit a 52-week high of Rs 294.15 on 23 January 2018 and a 52-week low of Rs 103 on 23 May 2017.
The large-cap company has equity capital of Rs 96.79 crore. Face value per share is Re 1.
Jindal Steel & Power's (JSPL) consolidated net sales rose 39.93% to Rs 8522.79 crore in Q4 March 2018 over Q4 March 2017.
Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) rose 38% to Rs 2136 crore in Q4 March 2018 over Q4 March 2017. EBITDA margin rose to 25% in Q4 March 2018 from 23% in Q4 March 2017.
JSPL has a dominant presence in steel, power, mining and infrastructure sectors. It caters to markets across the steel value chain.
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