Jindal Steel and Power Ltd (JSPL) has a coal based spong iron plant situated in Rajgarh. The rail and universal beam rolling mill has been set up to manufacture 120m long for the Indian railways and global markets. It also manufactures H-beams and co... Morelumns for the infrastructure and construction sectors. A new subsidiary company "Jindal Power Ltd " has been formed which is currently working on plans to establish a 1,000 MW plant at Rajgarh. The top line as well as bottom line has increased by 48% and 18% respectively.
Established in 1907, Tata Steel is among the top ten global steel companies with an annual crude steel capacity of over 28 million tonnes per annum (mtpa). It is among the lowest cost producers of steel in the world. Its captive raw material resource... Mores and the state-of-the-art 6 mtpa plant at Jamshedpur, in Jharkhand, give it a competitive edge. It is the world's second most geographically diversified steel producer, with operations in 26 countries and commercial presence in over 50 countries. Tata Steelís larger production facilities include those in India, the UK, the Netherlands, Thailand, Singapore, China and Australia. Operating companies within the Group include Tata Steel Limited (India), Tata Steel Europe Limited (formerly Corus), NatSteel, and Tata Steel Thailand (formerly Millennium Steel).
Stock Price Chart: jindal steel & power Vs. tata steel
The finance minister has spoken about high interest rates on bank deposits making the economy sluggish, without doing anything about high interest rates on small savings schemes offered by the post office.