SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jindal Stainless supplies special alloy steel grade for motor casing in Chandrayaan-3

25 Aug 2023 Evaluate

Jindal Stainless (JSL) has developed and supplied a special, high strength alloy steel grade that has been used in the motor casing of India’s ambitious third lunar mission, the Chandrayaan-3. The specialised grade supplied to the Indian Space Research Organisation (ISRO), usually imported from several countries, has been meticulously developed over a span of three years with the help of advanced refining process, bolstering India’s race to space while meeting the stringent quality standards and specifications of the crucial project.

The heat-resistant material shields the motor from both shocks as well as elevated temperatures. Its exceptional properties, which persist even under the most extreme thermal conditions, underscore the alloy steel grade’s reliability and suitability for critical space missions.

In the past, Jindal Stainless has supplied material for key DRDO and ISRO projects, including the Chandrayaan, PSLV, GSLV Mk3, Nuclear Submarine missile system, missile canister for almost all missile programmes and exhaust unit application in rockets. The Company is also working dedicatedly towards meeting the material requirements of the upcoming missile programmes. Jindal Stainless is among the select few companies in the world to get certified with an AS 9100D Certification, a quality management system for aviation, space, and defence organisations. 

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Jindal Stainless Share Price

786.50 -1.40 (-0.18%)
20-Apr-2026 11:29 View Price Chart
Peers
Company Name CMP
Tata Steel 210.70
JSW Steel 1258.00
SAIL 171.70
Jindal Stainless 786.50
APL Apollo Tubes 2119.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×