Jindal Steel gains on commissioning new 3 MTPA Basic Oxygen Furnace at Angul plant
Jindal Steel is currently trading at Rs 1056.10, up by 13.20 points or 1.27% from its previous closing of Rs 1042.90 on the BSE.
The scrip opened at Rs 1042.90 and has touched a high and low of Rs 1061.25 and Rs 1042.90 respectively. So far 5586 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 1070.00 on 23-Sep-2025 and a 52-week low of Rs 723.95 on 31-Jan-2025.
Last one week high and low of the scrip stood at Rs 1065.40 and Rs 1026.05 respectively. The current market cap of the company is Rs 107287.77 crore.
The promoters holding in the company stood at 62.36%, while Institutions and Non-Institutions held 27.85% and 9.79% respectively.
Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company’s total capacity at Angul has risen from 6 MTPA to 9 MTPA--bringing Angul closer to its goal of achieving 12 MTPA within the current financial year.
The synchronised commissioning of Blast Furnace 2 and BOF Converter marks a significant milestone for India’s steel self-reliance. This integrated flow into downstream mills ensures steady supplies of Indian-made steel for infrastructure, energy, Automotives, Oil & Gas and Real Estate sectors.
Jindal Steel (Formerly known as Jindal Steel & Power) is one of India’s foremost integrated steel producers, renowned for its scale, efficiency, and commitment to excellence.
