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Jindal Steel & Power Ltd
BSE Code 532286 ISIN Demat INE749A01030 Book Value (₹) 445.99 NSE Symbol JINDALSTEL Div & Yield % 0.2 Market Cap ( Cr.) 102,549.46 P/E * 19.45 EPS * 51.69 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Jindal Steel & Power commissions its state-of-the-art Hot Strip Mill complex at Angul Back
(19 Jan 2024)
Jindal Steel & Power announced the successful commissioning of its State-of-the-art Hot Strip Mill complex at its Angul plant. Today, Jindal Steel & Power marks the date with the first-ever rake dispatch from the newly commissioned mill. Commissioned in a worldrecord period of 29 months from the groundbreaking date of 7th Aug 2021, the HSM produced its first coils on January 10, 2024. The first dispatch of the coils took place on 15th January 2024.

Supplied by SMS SIEMAG, the HSM is capable of producing up to 6 MTPA 1.00mm thick and 1680mm wide coils and is equipped with advanced features like Transfer bar cooling, edge heater, coil box, and heat shields, ensuring top-notch flatness, uniform mechanical properties, and production of superior value-added grades. This positions Jindal Steel & Power to cater to various sectors including auto, construction, oil, downstream cold rolling, galvanizing, colour coating, etc.