Jindal Stainless (Hisar) (JSHL) has received approval from board of directors for merger into the country’s largest stainless steel maker Jindal Stainless (JSL). Having a total melting capacity of 0.8 million tonne per annum (MTPA), Hisar-based JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio.
Merger of JSHL into JSL will create a mega stainless steel entity that will be among the top-10 stainless steel companies in the world and the largest stainless steel company in India.
Jindal Stainless (Hisar) is 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.
Company Name | CMP |
---|---|
JSW Steel | 919.35 |
Tata Steel | 175.45 |
SAIL | 169.35 |
Jindal Stainless | 711.15 |
APL Apollo Tubes | 1693.50 |
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