Jindal Stainless

Jindal Stainless is in the process of identifying a site for its proposed Rs 40,000-crore stainless steel manufacturing facility in Maharashtra, the company's CEO Tarun Khulbe said. "It is taking a bit of time, but...we are progressing in that direction," he said, replying to a question related to land acquisition for the said project. There will be clarity, maybe in another one or two quarters, and then the company comes out with its plans, Khulbe said. The company is scouting for several land options in the state, he added. According to the company, the proposed stainless steel facility will have a total capacity of 4 million tonnes per annum and will be constructed in phases, with the first phase expected to be operational in the next four years. Jindal Stainless Ltd (JSL) will also produce specialised grades of steel for critical applications in emerging sectors such as hydrogen, nuclear energy, defence, mobility, infrastructure, and process industries. The government of ...

Chief Executive Officer Tarun Khulbe said both the Odisha and Hisar plants were affected as restrictions on LPG availability and logistical disruptions constrained operations

Jindal Stainless Ltd on Monday reported a 7.6 per cent year-on-year rise in consolidated net profit to Rs 769 crore in the June quarter, on higher revenues. During the same quarter a year ago, the company had posted a net profit of Rs 715 crore, an exchange filing said. The company's revenue from operations increased 10.5 per cent year-on-year (YoY) to Rs 11,279 crore in Q1 FY27 from Rs 10,207 crore in the April-June period of the preceding fiscal. Its consolidated net debt stood at Rs 2,950 crore at the end of the June quarter. Jindal Stainless Managing Director Abhyuday Jindal said the performance remained resilient against an exceptionally dynamic operating environment, marked by supply chain disruptions and evolving global trade conditions. Arising from the West Asia crisis, the initial weeks of the quarter witnessed disruptions in the availability of industrial gases, the company said, adding its management proactively mitigated the impact by increasing the use of piped natur

Q1FY27 company results: Firms including KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, and INOX India are also to release their April-June earnings today

The Competition Commission of India found no evidence that Jindal Stainless abused its dominant position or entered into anti-competitive supply arrangements

Jindal Stainless said it has supplied 40 per cent of the total stainless steel requirement for India's first hydrogen-powered train, flagged off by Prime Minister Narendra Modi on Friday. With this, India has joined a select group of countries with operational hydrogen-powered trains and marks an important step towards the adoption of clean and sustainable mobility in the railway sector. In a statement on Friday, the company said it has supplied about 40 per cent of the total stainless steel requirement for India's first hydrogen-powered train. "The premium austenitic stainless steel grade X5CrNi1810, exclusively supplied by Jindal Stainless' Jajpur and Hisar plants, has been used in the fabrication of the hydrogen train," the country's largest stainless steel player said. Jindal Stainless Managing Director Abhyuday Jindal said the future of mobility will be defined by advanced materials that make these technologies more efficient, durable and sustainable. The company said stainle

Jindal Stainless on Monday said Kunjal Mehta has been appointed the Chief Financial Officer (CFO) of the company. His appointment is with effect from June 25, the stainless steel maker said in a statement. "Kunjal brings deep expertise across corporate finance, treasury, fundraising, and business transformation, along with a strong track record of value creation in large and complex organisations. I am confident his leadership will further strengthen our financial resilience and support our upward trajectory in the manufacturing business," Jindal Stainless MD Abhyuday Jindal said. At Jindal Stainless, he will lead the company's financial strategy and play a key role in its next phase of growth, expansion, and value creation. Prior to joining Jindal Stainless, Mr Mehta served as Chief Financial Officer at Adani Energy Solutions Limited. Over the course of his career, he has held senior leadership positions at Adani Electricity Mumbai Limited, Adani Ports & Special Economic Zone ...

Strong Q4 and FY26 performance boosts Jindal Stainless, but rising fuel costs linked to the West Asia crisis may compress margins and moderate growth outlook in FY27

Q4FY26 company results: Firms including Jindal Stainless, Petronet LNG, NACL Industries, Tata Chemicals, and IIFL Capital Services are also to release their January-March earnings today

Buying in the metal sector came amid an overall positive market amid optimism around progress in US-Iran negotiations, which helped ease geopolitical tensions and lift global investor sentiment

Jindal Stainless has commissioned a 1.2 MTPA melt shop in Indonesia and plans Rs 900 crore investment to expand downstream cold rolling capacities

Stocks to Watch today, March 16: Jindal Stainless, Seamec, Adani Power, GMR Airports, IndiGo, and Voltas are among the top stocks

Jindal Stainless, the country's biggest stainless steel producer, had last week warned of possible shipment delays

According to analysts, the broader weakness in metal stocks reflects the risk-off sentiment across global markets amid rising geopolitical tensions

The country's biggest stainless steel producer said West Asia accounted for a small share of its export market but that the company remained committed to serving the region

Jindal Stainless has partnered with the Indian Railways to manufacture stainless steel salt containers in the country. The integration of stainless steel into salt transport logistics marks remarkable milestone indicating growing consumption of corrosion free value-added steel in the Railways industry, Jindal Stainless said. In a statement, the company said it has partnered with Indian Railways to develop India's first corrosion-resistant stainless steel salt container. A prototype successfully underwent loading and unloading trials at Bhimasar, Gandhidham, Gujarat on February 10, 2026. The 20-foot salt container has been fabricated entirely in 304 grade stainless steel. Commenting on the partnership, company's Managing Director Abhyuday Jindal said salt transportation is highly vulnerable to corrosion, particularly in coastal environments, leads to frequent repairs, premature asset failure, and significant resource wastage. "With India's container market growing steadily, driven

In the December quarter (Q3FY26), Jindal Stainless reported a 26.6 per cent year-on-year (Y-o-Y) rise in its consolidated net profit to ₹828 crore, as against ₹654 crore in Q3FY25

Jindal Steel plans to double its structural steel manufacturing capacity to 2.4 MTPA by mid-2028, aimed at addressing the growing demand for heavy and ultra-heavy structural steel sections.

Steel stocks in focus amid reports that the government has notified the much-awaited Anti-dumping duty/safeguard duty on flat steel imports for a period of 3 years.

Bank Nifty has to hold above 59,000 zones for a bounce towards 59,500 then 59,750 zones while on the downside support is seen at 58,750 then 58,500 levels