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Jindal Stainless (Hisar) Ltd.

BSE: 539597 Sector: Metals & Mining
NSE: JSLHISAR ISIN Code: INE455T01018
BSE 00:00 | 20 Jul 122.40 -2.05
(-1.65%)
OPEN

122.15

HIGH

127.00

LOW

121.05

NSE 00:00 | 20 Jul 122.00 -2.40
(-1.93%)
OPEN

123.70

HIGH

127.05

LOW

121.00

OPEN 122.15
PREVIOUS CLOSE 124.45
VOLUME 146512
52-Week high 252.00
52-Week low 121.05
P/E 7.53
Mkt Cap.(Rs cr) 2,888
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 122.15
CLOSE 124.45
VOLUME 146512
52-Week high 252.00
52-Week low 121.05
P/E 7.53
Mkt Cap.(Rs cr) 2,888
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.