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Home News Laggard Jindal Steel turns top performer on PM Modi's infra push

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Laggard Jindal Steel turns top performer on PM Modi's infra push

Laggard Jindal Steel turns top performer on PM Modi's infra push

Monday, April 3, 2017, 2:34 PM

After dropping six straight years on weak sales and high debt, a remarkable turnaround in fortunes has made Jindal Steel & Power Ltd. the best performer this year among India’s top 200 stocks. Investors are betting that Jindal Steel will be a major beneficiary of Prime Minister Narendra Modi’s plans to improve the country’s infrastructure.
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