Tuesday 28 January 2014

Jindal Steel profit may miss estimates: StarMine

Jindal Steel and Power may lag consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates expects Jindal Steel to report a profit of Rs.584 crore for the quarter, compared with a consensus mean estimate of Rs. 602 crore.

Jindal Steel shares were trading down 0.1 per cent.

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