stainless steel

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    Stainless Steel Maker Secures Green Power from Oyster Renewable

    New Delhi, March 27 Jindal Stainless has started sourcing clean energy from Oyster Renewable Energy's 216 megawatt hybrid project in Madhya Pradesh.In 2024, the stainless steel manufacturer had signed a power purchase agreement (PPA) with Oyster Renewable for hybrid power (solar and wind)...
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    Jindal Stainless Expands Stainless Steel Capacity in Indonesia

    New Delhi, March 24 Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...
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    Jindal Stainless Expands Stainless Steel Production in Indonesia

    New Delhi, March 24 – Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...
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    Rajputana Stainless IPO Performance Below Initial Buzz

    New Delhi, March 19 Shares of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, closed over 7 per cent lower on Thursday, its first day of trading against the issue price of Rs 122.The stock closed at Rs 112.90, down 7.45 per cent on the BSE. Earlier in the...
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    West Asia Crisis Raises Operational Expenses for Stainless Steel

    New Delhi, March 17 India's stainless steel industry has raised concerns over rising global energy costs amid the West Asia crisis, saying the situation is impacting the overall operating expenses of their units.Supplies of critical industrial gases such as propane/LPG and LNG have been...
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    Industrial Gas Shortage Impacts Stainless Steel Production

    New Delhi, March 13 A shortage of industrial gases has negatively impacted several plants, Jindal Stainless MD Abhyuday Jindal said on Friday.He also sought clarification on the allocation percentage for industrial propane/LPG and natural gas, along with assurance of regular supplies, for the...
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    Rajputana Stainless IPO: Strong QIB Subscription

    New Delhi, March 10 The initial public offer of Rajputana Stainless Ltd, a manufacturer of long and flat stainless steel products, received 42 per cent subscription on the second day of bidding on Tuesday.The IPO received bids for 88,17,270 shares, compared to the 2,09,00,000 shares on offer...
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    Delhi CM Prioritizes City Cleanliness with New Installation

    New Delhi, March 9 – Delhi Lieutenant Governor (L-G) V.K. Saxena and Chief Minister Rekha Gupta inaugurated the newly installed ‘Shri Parth-Sarathi Rath’ on Bahadur Shah Zafar Marg near Delhi Gate on Monday.The artistic installation was developed by the Delhi Public Works Department (PWD)...
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    IPO Update: Rajputana Stainless Receives Partial Investment

    New Delhi, March 9 The initial public offering of Rajputana Stainless Ltd, a manufacturer of long and flat stainless steel products, received 30 per cent subscription on the first day of bidding on Monday.The IPO received bids for 63,04,430 shares, compared to the 2,09,00,000 shares on offer...
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    Stainless Steel Manufacturer to Raise ₹255 Crore via IPO

    New Delhi, March 2 Rajputana Stainless Ltd announced a price band of ₹116-₹122 per share for its upcoming initial public offering (IPO) worth ₹255 crore.The company's first public offering will open on March 9 and close on March 11, according to its statement.The IPO consists of a fresh...
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    Jindal Stainless and Indian Railways Develop Stainless Steel Salt Containers

    New Delhi, February 13 Jindal Stainless has partnered with the Indian Railways to manufacture stainless steel salt containers within the country.The integration of stainless steel into salt transport logistics represents a significant milestone, indicating the growing demand for...
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    India's Stainless Steel Sector Gains with New PLI Agreement

    New Delhi, February 12 Jindal Stainless announced on Thursday that the company has signed an agreement with the Ministry of Steel under the newly launched Production Linked Incentive (PLI) 1.2 scheme for specialty steel.On Monday, Union Steel Minister HD Kumaraswamy launched the third round of...
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