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Metal stocks shine amid strong global cues; JSPL, JSW Steel jump up to 10%
On the earnings front, Jindal Steel and Power (JSPL) on Monday reported a consolidated net profit of Rs 305.62 crore during the quarter ended March 31, 2020.
JSPL says it is generating enough cash, not defaulted on any payment
The company said all speculations/rumours with respect to payment default are "baseless and false in nature"
Jindal's investment in lost mines faces uncertain future
Delhi HC has given 4 weeks to JPL to take a decision on the infrastructure attached to these mines
