Tuesday, 28 March 2017

JSPL falls over 3% as CBI files chargesheet in Naveen Jindal case

Shares of Jindal Steel and Power Limited (JSPL) dipped over 3 percent on the Bombay Stock Exchange after Economic Times reported that CBI has filed a supplementary charge sheet naming five more persons as accused in a coal scam case against Naveen Jindal and others. Weighed down by the development, shares of the company declined as much as 3.21 per cent to hit an intra-day low of Rs 115.90 apiece on the Bombay Stock Exchange. 

In a similar fashion, stocks of the company slipped 3.09 per cent to Rs 116.05 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 29,208.52, down 212.88 points or 0.72 percent, at 12:00 hours.

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