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Jindal Stainless rises on the BSE

08 Dec 2023 Evaluate

Jindal Stainless is currently trading at Rs. 535.60, up by 4.80 points or 0.90% from its previous closing of Rs. 530.80 on the BSE.

The scrip opened at Rs. 532.00 and has touched a high and low of Rs. 541.95 and Rs. 532.00 respectively. So far 28627 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 547.50 on 24-Nov-2023 and a 52 week low of Rs. 191.00 on 12-Dec-2022.

Last one week high and low of the scrip stood at Rs. 545.00 and Rs. 519.45 respectively. The current market cap of the company is Rs. 44053.75 crore.

The promoters holding in the company stood at 57.94%, while Institutions and Non-Institutions held 28.80% and 12.67% respectively.

Jindal Stainless (JSL) is set to achieve its mid-term target of 50% carbon emissions reduction well before the target year of 2035, as it marked its presence at the prestigious United Nations Confederation of Parties (COP) 28 climate summit for the first time.

The company signed an MoU with Renew Power for a 100 megawatt (MW) wind-solar hybrid renewable energy (RE) round-the-clock (RTC) project, due for commissioning in 2024. Other RE RTC projects underway will help the company achieve an overall capacity of 300 MW hybrid RE. These projects along with the green hydrogen plant will be game-changing in achieving the mid-term targets as the level of carbon emissions will begin to decline once the projects are integrated.

Jindal Stainless (JSL) 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

787.90 -1.55 (-0.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
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