J Mehra appointed Chief Executive Officer, Essar Steel Holdings Ltd
Mr.Jatinder Mehra has been appointed as Chief Executive Officer (CEO) of Essar Steel Holdings Limited (ESHL).
Mr. Mehra has been associated with the Essar Group since 1997 in various capacities including Managing Director for Essar Steel Ltd., and Resident Director - Corporate Affairs, Essar Group .
Mr.Mehra is a Chemical Engineer from BITS - Ranchi and has completed an Advance Management Program at the Oxford University. He is a well respected veteran in the steel industry with over 45 years experience in various capacities in reputed Public Sector and Private Steel Companies, including Steel Authority India Limited ( SAIL ) and Rashtriya Ispat Nigam Limited - Vishakapatnam ( RINL ) as its Chairman and Managing Director.
Mr.Mehra has multi-faceted experience in managing various functions such as Marketing, Operations, Technical Services and Corporate Relations. He has won several prestigious awards including Udyog Ratna Award in 1994, the "Tata Gold Medal" for outstanding metallurgical contributions in 1995 and "Steel Eighties" award from the Indian Institute of Metals.
In his new role as CEO, Mr. Mehra will be responsible for all the Operations and Projects of the Steel Business of Essar Steel Holdings Limited including Mines, in India and Internationally.
Soured From: Essar Global Limited
Essar Steel stock price
On December 13, -, Essar Steel closed at Rs 51.80, down Rs 5.4, or 9.44 percent. The 52-week high of the share was Rs and the 52-week low was Rs .
The company's trailing 12-month (TTM) EPS was at Rs 2.82 per share as per the quarter ended October 2014. The stock's price-to-earnings (P/E) ratio was 18.37. The latest book value of the company is Rs 40.89 per share. At current value, the price-to-book value of the company is 1.27.
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