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Jindal Stainless (Hisar) Ltd.

BSE: 539597 Sector: Metals & Mining
NSE: JSLHISAR ISIN Code: INE455T01018
BSE 15:59 | 19 Jan 208.20 2.70
(1.31%)
OPEN

207.65

HIGH

210.65

LOW

202.05

NSE 15:59 | 19 Jan 208.60 3.20
(1.56%)
OPEN

206.50

HIGH

210.55

LOW

201.55

OPEN 207.65
PREVIOUS CLOSE 205.50
VOLUME 66687
52-Week high 252.00
52-Week low 98.85
P/E 17.84
Mkt Cap.(Rs cr) 4,912
Buy Price 0.00
Buy Qty 0.00
Sell Price 208.20
Sell Qty 7200.00
OPEN 207.65
CLOSE 205.50
VOLUME 66687
52-Week high 252.00
52-Week low 98.85
P/E 17.84
Mkt Cap.(Rs cr) 4,912
Buy Price 0.00
Buy Qty 0.00
Sell Price 208.20
Sell Qty 7200.00

Jindal Stainless (Hisar) Ltd. (JSLHISAR) - Company History

The Hisar plant of the Jindal Group was established in 1975 when Shri O.P Jindal envisioned a self reliant India for meeting its stainless steel demand. Stainless steel then was no less than a luxury metal and India was completely dependent on imports to fulfil its demand which attracted duties of up to 300%. It was Shri O.P Jindal's vision and his pioneering spirit that led to the establishment of the Hisar plant India's first stainless steel manufacturing unit.Since its inception Jindal Stainless (Hisar) Limited has integrated its operations on a strategy of both backward and forward integration starting from melting casting hot rolling to cold rolling and other value additions. Today the companies Hisar plant is a fully integrated Stainless Steel plant with a capacity of 800000 tpa. It is also the world's largest producer of Stainless Steel strips for razor blades and India's largest producer of coin blanks serving the needs of India and International mints. The Specialty product division caters to the high end precision and specialty stainless steel requirements of reputed Indian and International customers. The product range includes Slabs & Blooms Hot Rolled Coils Strips Plates Coin Blanks Precision Strips and Cold Rolled Coils.Going forward the company plans to continue its focus on development of new value added stainless steel grades process improvements and customer satisfaction through developing customised products matching their specific requirements. Simultaneously continuous measures are being undertaken to reduce cost in different production processes.