Jindal Stainless gains on tying up with Dassault Systemes to manage production, operational functions
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Jindal Stainless is currently trading at Rs. 336.50, up by 4.05 points or 1.22% from its previous closing of Rs. 332.45 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 338.10 and Rs. 332.00 respectively. So far 25639 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 338.10 on 16-Jun-2023 and a 52 week low of Rs. 95.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 338.10 and Rs. 312.00 respectively. The current market cap of the company is Rs. 27597.41 crore.
The promoters holding in the company stood at 57.94%, while Institutions and Non-Institutions held 28.07% and 13.09% respectively.
Jindal Stainless (JSL) has collaborated with Germany-based Dassault Systemes to manage end-to-end production and operational functions at its Hisar and Jajpur units. This is another bold step towards creatively demolishing legacy systems and adopting new-age models of digitisation and automation.
By adopting an integrated and fully automated approach to operations management, JSL intends to achieve sharper resource utilisation, faster capacity balancing, live data synthesis and accurate predictions, while maintaining high-quality standards.
Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.
