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Bloomberg Quint

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Jindal Steel & Power Changes Name To Jindal Steel

  • Jindal Steel & Power Ltd. changes its name to Jindal Steel Ltd. in alignment with its core business and strategic focus, approved by the board of directors.
  • Lodha Developers Ltd., previously known as Macrotech Developers Ltd., also changed its name with sanction from the Registrar of Companies.
  • Jindal Steel has a significant presence in steel, mining, power, and infrastructure industries, with operations in various continents including India, Africa, and Australia.
  • The stock price of Jindal Steel closed 0.20% higher at Rs 922.60 apiece on the NSE, with analysts giving varying ratings and a 5.7% potential upside according to Bloomberg data.

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