Jindal Steel share price plunges 8%; should you buy on dips?
Jindal Steel share price plunged over 8 per cent on Thursday after the private steel maker reported widening of its consolidated loss at Rs 424.69 crore for the quarter ended on March 31, 2018 due to higher expenses and finance cost. It had posted a consolidated loss of Rs 100.01 crore in the year-ago period.
Jindal Steel share price tanked as much as 8.14 per cent to Rs 240.30 on the BSE. Image source; PTI