Jindal Stainless Ltd

The Board of Jindal Stainless at its meeting held on 25 June 2025 has approved to make PT Glory Metal Indonesia (PT GMI) as subsidiary (step-down) of the Company. PT GMI was set up as a joint venture entity for investing, developing, constructing and operating a stainless steel melt shop facility in Indonesia with an annual production capacity of 1.2 million tonnes per annum. The Company holds 49% stake in PT GMI through its wholly owned subsidiary. Given PT GMI's strategic importance in the Company's global manufacturing and supply chain operations, making PT GMI a subsidiary (by having right to appoint majority of directors) will be strategically beneficial to the Company and will align with the Company's overall business objectives. Powered by Capital Market - Live

The Board of Jindal Stainless at its meeting held on 25 June 2025 has approved the appointment of Tarun Kumar Khulbe, CEO & Whole-time Director as also the Chief Financial Officer of the Company with effect from 25 June 2025. Powered by Capital Market - Live

Jindal Stainless Ltd fell for a fifth straight session today. The stock is quoting at Rs 659.15, down 1.77% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 24788.45. The Sensex is at 81404.53, down 0.05%.Jindal Stainless Ltd has gained around 2.71% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has eased around 1.54% in last one month and is currently quoting at 9158.25, down 1.56% on the day. The volume in the stock stood at 2.48 lakh shares today, compared to the daily average of 10.04 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 660.5, down 1.56% on the day. Jindal Stainless Ltd tumbled 18.49% in last one year as compared to a 5.18% rally in NIFTY and a 9.4% fall in the Nifty Metal index.The PE of the stock is 21.3 based on TTM earnings ending March 25.Powered by Capital Market - Live

Jindal Stainless Ltd is up for a third straight session today. The stock is quoting at Rs 721.9, up 3.92% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 25109.55. The Sensex is at 82487.47, up 0.36%. Jindal Stainless Ltd has gained around 18.34% in last one month. Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has gained around 6.41% in last one month and is currently quoting at 9406.45, up 0.84% on the day. The volume in the stock stood at 18.73 lakh shares today, compared to the daily average of 10.16 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 720.1, up 3.66% on the day. Jindal Stainless Ltd is down 11.3% in last one year as compared to a 7.96% jump in NIFTY and a 3.17% jump in the Nifty Metal index.The PE of the stock is 22.06 based on TTM earnings ending March 25.Powered by Capital Market - Live

Jindal Stainless Ltd gained 3.44% today to trade at Rs 668.6. The BSE Metal index is up 0.7% to quote at 31228.63. The index is up 7.06 % over last one month. Among the other constituents of the index, JSW Steel Ltd increased 1.66% and Steel Authority of India Ltd added 1.48% on the day. The BSE Metal index went down 5.89 % over last one year compared to the 9.51% surge in benchmark SENSEX. Jindal Stainless Ltd has added 18.02% over last one month compared to 7.06% gain in BSE Metal index and 1.62% rise in the SENSEX. On the BSE, 2855 shares were traded in the counter so far compared with average daily volumes of 41583 shares in the past one month. The stock hit a record high of Rs 848 on 09 Jul 2024. The stock hit a 52-week low of Rs 497 on 07 Apr 2025.Powered by Capital Market - Live

Net profit of Jindal Stainless rose 18.02% to Rs 590.99 crore in the quarter ended March 2025 as against Rs 500.74 crore during the previous quarter ended March 2024. Sales rose 7.87% to Rs 10198.32 crore in the quarter ended March 2025 as against Rs 9454.02 crore during the previous quarter ended March 2024. For the full year,net profit declined 7.67% to Rs 2505.20 crore in the year ended March 2025 as against Rs 2713.21 crore during the previous year ended March 2024. Sales rose 1.94% to Rs 39312.21 crore in the year ended March 2025 as against Rs 38562.47 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales10198.329454.02 8 39312.2138562.47 2 OPM %10.1310.95 -11.7612.20 - PBDT977.04936.90 4 4302.144372.15 -2 PBT735.81703.55 5 3346.023493.32 -4 NP590.99500.74 18 2505.202713.21 -8 Powered by Capital Market - Live

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Jindal Stainless Ltd lost 0.6% today to trade at Rs 585.05. The BSE Metal index is down 0.13% to quote at 28833.49. The index is up 1.35 % over last one month. Among the other constituents of the index, Jindal Steel & Power Ltd decreased 0.5% and National Aluminium Company Ltd lost 0.5% on the day. The BSE Metal index went down 9.41 % over last one year compared to the 9.43% surge in benchmark SENSEX. Jindal Stainless Ltd has added 6.04% over last one month compared to 1.35% gain in BSE Metal index and 7.27% rise in the SENSEX. On the BSE, 1003 shares were traded in the counter so far compared with average daily volumes of 72581 shares in the past one month. The stock hit a record high of Rs 848 on 09 Jul 2024. The stock hit a 52-week low of Rs 497 on 07 Apr 2025.Powered by Capital Market - Live

Jindal Stainless will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

Jindal Stainless, and one of India's leading clean energy solution providers, AB Energia Solutions, today announced the successful installation and commissioning of a pioneering solar energy project at Jindal Stainless' manufacturing unit in Jajpur, Odisha. This ground-breaking initiative boasts a cumulative capacity of over 30 MWp, making it the largest captive solar energy plant within a single industrial campus in Odisha. The solar energy plant installed by Jindal Stainless at its Jajpur unit in partnership with AB Energia comprises a 7.324 MWp floating solar plant and a 23.02 MWp rooftop solar system. The state-of-the art plant is capable of generating approximately 44.3 million units (MU) of green energy annually, significantly reducing the Jajpur unit's dependence on conventional grid electricity. This is equivalent to powering 12,000-15,000 households or cutting CO2 emissions by 32,208 metric tonnes annually.Powered by Capital Market - Live