Update for investors of

JINDALSTEL

is currently trading at Rs. 724.70, up by 6.80 points or 0.95% from its previous closing of Rs. 717.90 on the BSE. The scrip opened at Rs. 720.00 and has touched a high and low of Rs. 740.30 and Rs. 720.00 respectively. So far 29485 shares were traded on the counter. Last one week high and low of the scrip stood at Rs. 740.30 and Rs. 692.00 respectively. The current market cap of the company is Rs. 60096.07 crore. The promoters holding in the company stood at 61.23%, while Institutions and Non-Institutions held 28.75% and 10.02% respectively. Jindal Stainless has commissioned the 1.2 million tonnes per annum (MTPA) stainless steel melt shop (SMS) in Indonesia, developed through the company’s joint venture, ahead of schedule. The company’s total melting capacity will hence be ramped up to 4.2 MTPA, including 3 MTPA in India. Complementing this increase in the melting facility, the company is also gearing up to commission a new 1.1 MTPA Hot Rolled Annealed Pickled (HRAP) line, and 0.17 MTPA Cold Rolling capacity, in Jajpur, Odisha, by Q4FY27 and Q2FY27 respectively. This development is part of the earlier announced outlay of Rs 1,900 crore. To further strengthen its cold rolling capacities, the company has earmarked a fresh investment of Rs 900 crore at Hisar and Kharagpur which are expected to be commissioned by Q2FY28. Jindal Stainless (JSL) is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.