Jindal Stainles Share Price, Jindal Stainles Price, Jindal Stainless Ltd Stock Price, Share Price, Live Bse


jindal stainless steel

Over the years, we have efficiently positioned our aims with farsightedness and consistency. With clear concentrate on buyer wants and cross market expertise we have grown from to energy building belief of our traders and stakeholders. The company stated it has seen an improvement in web debt-equity ratio which stood at 1.3 as on December 31, 2019, as compared to 3.2 in March 2017. “The CDR tenure was prolonged as sustained imports impacted our prime-line progress. We are grateful to all our stakeholders, especially our lenders, for his or her continued faith in us,” Jindal added. An official assertion issued by JSL said it had received a letter from the consortium of CDR Lenders to this effect on March 4.

ground stainless steel plate

We have thousands tons stock of stainless steel sheet and coil with various size and grade,mainly include austenitic stainless steel, martens stainless steel (including precipitation hardened stainless steel sheet & coil), ferritic stainless steel, and duplex stainless steel.

Characteristics of Stainless Steel Sheet and Plate:
High corrosion resistance
High strength
High toughness and impact resistance
Temperature resistance
High workability, including machining, stamping, fabricating and welding
Smooth surface finish that can be easily clean

“JSL’s Q4 FY20 witnessed a decline in growth on all accounts, largely due to muted financial sentiments given the COVID-19 outbreak,” said the corporate in a press release on Saturday. The company’s net debt stood at Rs 2,000 crore as on March 2020 compared with Rs 2,162 crore as on March 2019. By the tip of May, its capacity utilization reached 40 per cent, and with the gradual easing of lockdown, the company plans to increase it further in coming weeks. Given the government”s concentrate on revival of MSMEs together with deliberate rest of lockdown, JSL stated the domestic demand for chrome steel is expected to select up within the next few months.

Jindal Stainless Ltd is India`s largest and the only fully built-in Stainless Steel producer. The product consists of Ferro , Stainless Steel Slabs and Blooms, Hot Rolled Coils, Plates, Cold Rolled Coils and specialty merchandise corresponding to razor blade steel, precision strips and coin blanks. At JSL, we firmly consider that corporate progress is strengthened purchase our efforts in the areas of societal improvement, protecting our planet and making a greener tomorrow.

Stock Thickness: 0.1-200.0mm
Production thickness: 0.5.0-
Width: 600-3900mm
Length: 1000-12000mm
Grade:
200 series: 201,202
300 series: 301,304,304L,304H,309,309S,310S,316L,316Ti,321,321H,330
400 series: 409,409l,410,420J1,420J2,430,436,439,440A/B/C
Duplex: 329,2205,2507,904L,2304
Surface: No.1,1D,2D,2B,NO.4/4K/hairline,satin,6k,BA,mirror/8K

  • “KSSF has also acquired approximately 5% equity stake in JSL via the secondary market, which demonstrates elevated traders’ confidence within the firm’s operations and growth outlook,” the statement stated.
  • Earlier, promoter group entity had infused fairness and subsequently JSL issued Non-convertible Debentures worth Rs 400 crore to Kotak Special Situations Fund .
  • Trade remedial measures like anti-dumping duty and countervailing obligation imposed on imports by the federal government to create a stage-taking part in subject are being persistently circumvented, rendering these remedial measures ineffective, JSL said.
  • “However, de-bottlenecking and inner course of improvements helped JSL maintain its operations. Currently, the corporate has an installed capability of 1.1 million tonnes every year (MTPA. the statement mentioned.
  • Surplus production in these nations is being diiverted to rising markets like India.

A steadily falling nickel value in the course of the second and third quarter negatively impacted inventory valuation additional affecting the profitability, the corporate added. “We are optimising operations at our vegetation to align with the market circumstances and we”ll be swift to answer domestic demand upon revival,” he added. “In June, the company is slated to dispatch over 18,000 tonnes, taking the export volume again to pre-COVID-19 period. In normal months, it hovers around per cent ,” it stated. “With India but to completely lift the lockdown, JSL”s strategic initiative to recapture volumes in the export markets is yielding encouraging results.

Surplus production in these international locations is being diiverted to rising markets like India. Trade remedial measures like anti-dumping duty and countervailing duty imposed on imports by the government to create a -enjoying field are being constantly circumvented, rendering these remedial measures ineffective, JSL stated. “However, de-bottlenecking and inside process improvements helped JSL maintain its operations. Currently, the corporate has an put in capacity of 1.1 million tonnes each year (MTPA. the statement mentioned.

We produce ASTM/ASME Grade 304, Grade 304L,304h, 316, 316L, 316H, 316TI, 321, 321H, 309S, 309H, 310S, 310H, 410S, 2205, 904L, 2507, 254, gh3030, 625, 253MA, S30815, 317L, Type 317, 316lN, 8020, 800, 800H, C276, S32304 and others special requirement stainless steel grade.

Standard��ASTM,AISI,SUS,JIS,EN,DIN,GB,ASME,ETC

Our education policy for employees supplies them a platform for career enhancements. During FY19-20, JSL informed BSE that it has obtained all requisite approvals from authorities and has exited the company debt restructuring framework. A steadily falling nickel price throughout Q4 over Q3 negatively impacted stock valuation, which additional affected profitability, it added. The firm has a great dividend track report and has consistently declared dividends for the final 5 years.

duplex stainless-steel plate

Stock Thickness: 0.1-200.0mm
Production thickness: 0.5.0-200mm
Width: 600-3900mm
Length: 1000-12000mm
Grade:
200 series: 201,202
300 series: 301,304,304L,304H,309,309S,310S,316L,316Ti,321,321H,330
400 series: 409,409l,410,420J1,420J2,430,436,439,440A/B/C
Duplex: 329,2205,2507,904L,2304
Surface: No.1,1D,2D,2B,NO.4/4K/hairline,satin,6k,BA,mirror/8K

jindal stainless steel
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