Jindal Stainless Ltd News

Stocks to watch: Asian Paints, Swiggy, RBL Bank, BoB & defence shares

Stocks to watch today: Bandhan Bank, defence shares, RBL Bank, PVR Inox, Adani Power, Swiggy, Asian Paints, Molbio Diagnostics, IndusInd Bank, among others, will be in focus today.

HZL, Jindal Stainless: What makes them losers in top-performing metal pack?

According to data from ACE Equity, Nifty Metal has risen 19.74 per cent on a year-to-date (Y-T-D) basis and outpaced sectors like pharma, healthcare and media.

Jindal Stainless investing ₹900 cr to increase cold rolling capacity: MD

Jindal Stainless is investing Rs 900 crore to increase its cold rolling capacity to cater to the rising demand of the product from sectors such as automotive, appliances, and food processing, the company's Managing Director Abhyuday Jindal said. The investment will increase the company's cold rolling capacity from 2.05 MTPA to 2.67 MTPA by FY28, he said in the company's annual report for FY26. Besides upstream, the company is also making significant investments to build up its downstream capabilities, the industry executive said. "Our Rs 900 crore investment across Hisar and Kharagpur, along with new hot rolled annealing, pickling, and cold rolling facilities at Jajpur, will...support a higher-value mix for automotive, appliances, food processing, and industrial applications," Jindal said. Cold rolling is a precision metalworking process that shapes and compresses steel without heat. This method enhances structural strength, tightens dimensional tolerances, and delivers a smooth, .

FMCG to automobiles: India Inc counting the cost of West Asia conflict

While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow

Jindal Stainless to identify site for ₹40,000 cr Maharashtra project: CEO

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 ...

West Asia conflict weighs on Jindal Stainless' Q1 sales, says MD

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 Q1FY27: Profit rises 7.6% to ₹769 crore, revenue up 11%

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

Jindal Stainless supplied 40% steel for India's first hydrogen train

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

Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless

Systematix said that it remains structurally positive on long-term growth outlook for India's integrated steel sector. The brokerage has initiated coverage on Jindal Steel & Jindal Stainless with Buy.

Jindal Stainless Q4FY26 net profit jumps 41%, flags margin squeeze

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

Jindal Stainless Q4FY26 results: Net profit rises 41% to ₹834 crore

Jindal Stainless on Monday posted over 41 per cent growth in consolidated net profit to Rs 834.21 crore during the quarter ended March 31, driven by higher revenues. The company had reported a net profit of Rs 589.96 crore in the year-ago period, according to an exchange filing. During the fourth quarter, the company's total income rose to Rs 11,427.91 crore from Rs 10,292.27 crore in the January-March period of the preceding 2024-25 financial year. For the entire FY26, the company's net profit jumped to Rs 3,184 crore from Rs 2,499.72 crore in the year ago. Total income rose to Rs 43,306.14 crore during the fiscal ended March 2026, from Rs 39,603.06 crore in 2024-25 financial year.

Metal stocks gain up to 4% defying weak market; Q4 outlook remains strong

Buying in the sector came despite a setback in overall market sentiment, as tensions in West Asia resurfaced just a day after the United States and Iran agreed to a temporary two-week ceasefire

How is West Asia conflict impacting metal companies? Axis Sec decodes

Nifty Metal fell as much as 1.6 per cent in trade to day's low at 11,156.7. At 10:49 PM, 14 out of 15 stocks on the index traded with losses

Jindal Stainless commissions Indonesia melt shop, plans ₹900 cr capex

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