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JSPL slumps over 24%; m-cap down Rs 4,287 crore amid FIR by CBI

Last Updated: Tuesday, June 11, 2013, 14:26

Shares of Jindal Steel and Power Ltd on Tuesday crashed over 24 percent in morning trade, as Naveen Jindal and the company were named as accused in the fresh FIR filed by CBI in connection with the coal allocation scam.

Coalgate: CBI registers FIR against Naveen Jindal, ex-MoS

Last Updated: Tuesday, June 11, 2013, 11:13

Besides Jindal and Rao, CBI has also booked companies Jindal Steel and Power Limited and Gagan Sponge which were allotted Amarkonda Murgadangal coal block in Birbhum, Jharkhand in the year 2008.