SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jindal Steel expects to double its steel production capacity

24 Oct 2013 Evaluate

Jindal Steel and Power is expecting to double its steel production capacity to 10 million tonnes. In this regard, the company will invest Rs 20,000 crore in three years. At present, the company’s facilities are spread across Raigarh in Chhattisgarh (1 million tonne), Angal in Odisha (2.5 million tonne) and Oman in West Asia (2 million tonne).

The company will add 3.5 million tonnes per annum to its existing facility at Angal, while another one million tonne will be added to the Chhattisgarh unit through operational efficiencies.

JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.

 

Jindal Steel Share Price

1269.50 45.65 (3.73%)
17-Apr-2026 16:59 View Price Chart
Peers

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:

×