Jindal Stainless surges on renewing lubricants partnership with IOCL for five years
Jindal Stainless is currently trading at Rs. 744.50, up by 12.10 points or 1.65% from its previous closing of Rs. 732.40 on the BSE.
The scrip opened at Rs. 735.95 and has touched a high and low of Rs. 745.00 and Rs. 730.00 respectively. So far 9929 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 883.25 on 07-Jan-2026 and a 52 week low of Rs. 652.45 on 11-Jun-2026.
Last one week high and low of the scrip stood at Rs. 752.75 and Rs. 726.20 respectively. The current market cap of the company is Rs. 61151.32 crore.
The promoters holding in the company stood at 62.05%, while Institutions and Non-Institutions held 27.80% and 10.15% respectively.
Jindal Stainless and Indian Oil Corporation (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for a further period of five years, continuing their long-standing association and strengthening collaboration between the two organisations.
The renewed partnership builds on the organisations’ broader engagement across lubricants and energy supplies. With industrial operations increasingly focused on equipment reliability, operational efficiency and performance, dependable lubrication and energy solutions play an important role in supporting manufacturing continuity. The extended arrangement reinforces the two organisations’ commitment to sustained technical collaboration and reliable supply solutions as industry requirements continue to evolve.
