Jindal Steel and Power

Jindal Steel and Power has jumped by Rs. 3500 within last few days. While company has denied any rumours of bonus and stock split there is lot of talk related to [price movement. While someone is talking of split, other are saying that it has bought a stake in a subsidiary of a renowmed company. Its a magoc of charts or rumours but the stock today again breached the wall but scales back as marked came down in the day.