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Jindal Steel Ltd.
05 Jan 2022
1040.30
2.07%
ICICI Securities Limited
We visited Jindal Steel and Power’s (JSPL) Angul plant. The plant has evolved and improved a lot since our first visit in CY09. Availability of linkage coal allows steady quality of Syngas generation, and allows smooth operation of the DRI – current cost of Syn gas generation is US$5-6/mmbtu.
Jindal Steel Ltd. is trading at high day volume of 2.7M.
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