Shares of Jindal Steel and Power gained on rise in production.

Jindal Steel and Power (JSPL) shares rose as much as 5.22 per cent.

Q4 consolidated steel production stood at 1.3 million tonnes, up 12.3 per cent q-o-q, the company had said on Wednesday.

The company achieved production and sales of over 4.8 mln tonnes in FY 2016-17.

Jindal Shadeed Oman, part of JSPL, clocked highest-ever production with over 20 per cent rise.

(This article was published on April 6, 2017)
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