Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Jindal Steel has marked a major milestone in India's steelmaking industry by blowing in a 5 MTPA blast furnace. This achievement was realised with the commissioning of the Bhagavati Subhadrika Blast Furnace – II. The ceremonial “blow-in” was led by Naveen Jindal, Chairman of Jindal Steel, firmly establishing Angul as the largest single-location steel facility in the country.
The Bhagavati Subhadrika Blast Furnace, with a useful volume of 5,499 m², ranks among the world's largest and most advanced. It exemplifies Jindal Steel's commitment to setting new benchmarks in the industry by combining scale with cutting-edge automation, a robust safety-first design, and enhanced sustainability.
“Commissioning the Bhagavati Subhadrika Blast Furnace at Angul is a proud moment for Jindal Steel and for India. By doubling Angul's capacity to 12 MTPA, we are strengthening our global competitiveness and reaffirming our commitment to Atmanirbhar Bharat. Rooted in Odisha's culture and powered by cutting-edge technology, this furnace represents our vision to unite tradition with innovation,” said Naveen Jindal, Chairman, Jindal Steel.
Jindal Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 1017.25, up 4.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24615.6. The Sensex is at 80252.95, up 0.12%. Jindal Steel Ltd has risen around 3.78% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel Ltd is a constituent, has risen around 3.34% in last one month and is currently quoting at 9384.35, up 2.71% on the day. The volume in the stock stood at 28.32 lakh shares today, compared to the daily average of 19.11 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 1020.55, up 4.02% on the day. Jindal Steel Ltd is up 7.58% in last one year as compared to a 2.31% drop in NIFTY and a 4.94% drop in the Nifty Metal index.
The PE of the stock is 20.59 based on TTM earnings ending June 25.
Vedanta Ltd fell 0.65% today to trade at Rs 428.25. The BSE Metal index is down 0.09% to quote at 30870.86. The index is up 1.93 % over last one month. Among the other constituents of the index, Jindal Stainless Ltd decreased 0.65% and Jindal Steel Ltd lost 0.18% on the day. The BSE Metal index went down 3.75 % over last one year compared to the 2.47% fall in benchmark SENSEX.
Vedanta Ltd has added 0.92% over last one month compared to 1.93% gain in BSE Metal index and 0.1% drop in the SENSEX. On the BSE, 36305 shares were traded in the counter so far compared with average daily volumes of 4.99 lakh shares in the past one month. The stock hit a record high of Rs 527 on 16 Dec 2024. The stock hit a 52-week low of Rs 362.2 on 07 Apr 2025.
Jindal Steel & Power Ltd is down for a fifth straight session today. The stock is quoting at Rs 966.9, down 1.05% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 24558. The Sensex is at 80224.7, down 0.7%.Jindal Steel & Power Ltd has lost around 1.77% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has eased around 1.88% in last one month and is currently quoting at 9280.05, down 0.51% on the day. The volume in the stock stood at 3.32 lakh shares today, compared to the daily average of 19.32 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 966.3, down 1.13% on the day. Jindal Steel & Power Ltd jumped 0.67% in last one year as compared to a 2.36% slide in NIFTY and a 1.47% fall in the Nifty Metal index.
The PE of the stock is 20.57 based on TTM earnings ending June 25.