Jindal Stainless is trading at Rs. 703.00, marking an increase of 7.65 points or 1.10% from its previous close of Rs. 695.35 on the BSE.

The stock opened at Rs. 702.60, hitting an intraday high of Rs. 703.70 and a low of Rs. 684.25. A total of 25,021 shares have been traded so far.

With a face value of Rs. 2, the BSE group 'A' stock has seen a 52-week high of Rs. 848.00 on 9th July 2024 and a 52-week low of Rs. 400.10 on 16th August 2023.

Over the last week, the stock peaked at Rs. 704.70 and dipped to Rs. 631.00. The company's current market capitalization stands at Rs. 57,599.25 crore.

The company's promoter holdings are at 60.49%, with institutional and non-institutional holdings at 28.74% and 10.77% respectively.

In collaboration with New Yaking Pte., Jindal Stainless has commissioned a Nickel Pig Iron smelter in Halmahera Islands, Indonesia, eight months ahead of schedule. This joint venture secures a long-term nickel supply for stainless steel production. The partnership, announced in March 2023, saw Jindal Stainless acquire a 49% stake for approximately $157 million.

Jindal Stainless is a leading stainless steel conglomerate in India and ranks among the top 10 globally.