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Jindal Steel & Power slumps 5.5% on sharp drop in Q1 profit but brokerages confident over long-term
Shares of Jindal Steel & Power dropped as much as 5.5% to an intra-day low of Rs 918.90 a day after the company reported a 21% fall in its net profit of Rs 1,337.9 crore in Q1 FY25. However, the brokerage houses are still confident in the stock as they …