Jindal Stainless buys 49% stake in Indonesia-based nickel pig iron company

Mumbai: Jindal Stainless Ltd (JSL) has entered into a collaboration agreement (Collaboration Agreement) with New Yaking Pte. Ltd. in Indonesia to ensure the long-term availability of nickel.

JSL to set up stainless steel industrial park in Odisha

Bhubaneswar/IBNS: Odisha Chief Minister Naveen Patnaik and Jindal Stainless MD Abhyuday Jindal Thursday laid the foundation stone of a stainless steel industrial park through a virtual ceremony held in Bhubaneswar.

JSL and ISM Dhanbad ink MoU for joint R&D projects

Jajpur: Jindal Stainless Limited (JSL) and Indian Institute of Technology (ISM) Dhanbad today signed an MoU to jointly carry out research and development on various projects. 

JSL reports Q3FY22: Consolidated net profit jumps 160 pc YoY to Rs 442 cr

Jindal Stainless Limited (JSL) reported a consolidated net profit of Rs 442 crore in the quarter ending December 2021, up 160 percent YoY compared to the same period last year.

CRISIL Ratings upgrades JSL’s rating to ‘CRISIL AA-/Stable’

New Delhi/IBNS: Jindal Stainless Limited (JSL) earned a major rating upgrade from CRISIL Ratings, with the agency assigning ‘CRISIL AA-/Stable’ rating to the long-term bank facilities of the company. 

Investec rates JSL as Buy @ Target Price of 314

Jindal Stainless Steel (JSL), post-merger, would rank amongst the top 10 global stainless steel mills, offering a simplified structure and high liquidity, according to the Initial Coverage Report by Investec.

Jindal Stainless Ltd Q2FY22 result: Net profit soars 5 times to Rs 412 cr

Mumbai/IBNS: Jindal Stainless Limited's (JSL) profit after tax (PAT) or net profit for the quarter ended September 2021 stood at Rs 412 crore compared to Rs 81 crore of the same quarter last year, an increase of more than 5 times riding on strong sales and improved volume mix.