Jindal Steel & Power (JSPL), an Indian steel and energy company, witnessed a rise in share price on Thursday after the company swung to a loss for the quarter ended March 2015. During the quarter, the company reported a loss of Rs 5,193.00 million compared with a profit of Rs 4,025.00 million in the same quarter previous year.

Revenues for the quarter declined 7.61% to Rs 45,255.90 million, compared with Rs 48,984.80 million for the prior year period.

Shares of the company are trading at Rs 125.20, down Rs 4.1, or 3.17% at the Bombay Stock Exchange (BSE) on Thursday at 12:19 p.m.

Total volume of shares traded on the bourses today was lower by 29.58% to 4,091,327 compared with 22-day average volume of 5,809,622.