Jindal Stainless Ltd Share Price – NSE  / BSE

Steel, Small Cap

The appointment was approved based on the recommendations of the Nomination & Remuneration Committee and the Audit Committee, the company said in a regulatory filing.

Following Mehta's appointment, Tarun Kumar Khulbe will cease to hold the additional charge of CFO, while continuing as Chief Executive Officer (CEO) and Whole-time Director of the company. Khulbe had been entrusted with the additional responsibility of CFO since June 25, 2025.

The board also approved the reclassification of PT Glory Metal Indonesia as an associate of the company with effect from July 1, 2026.

Mehta is a Chartered Accountant and Cost Accountant with more than 25 years of experience across sectors such as power, steel, ports and logistics, technology and IT-enabled services.

Before joining Jindal Stainless, he served as CFO of Adani Energy Solutions Ltd. During his career, he has also held leadership roles at Adani Electricity Mumbai Ltd, Adani Ports & Special Economic Zone and Essar Steel India.

His expertise spans corporate finance, treasury and working capital management, financial planning and analysis, budgeting, governance, risk management, fundraising, investor relations, financial restructuring and finance transformation initiatives.

The company said Mehta is not related to any director on the board.

Jindal Stainless manufactures stainless steel using electric arc furnace. The company?s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2026.

The company reported 3.61% decline in standalone net profit to Rs 891.57 crore despite a 0.38% rise in revenue from operations to Rs 10,826.47 crore in Q4 FY26 over Q4 FY25.

The scrip rose 0.06% to Rs 695.10 on the BSE.

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Jindal Stainless Ltd rose for a fifth straight session today. The stock is quoting at Rs 725.35, up 2.18% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 24044.25. The Sensex is at 77027.5, up 0.29%. Jindal Stainless Ltd has dropped around 3.11% in last one month.

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has dropped around 1.52% in last one month and is currently quoting at 12881.5, up 0.68% on the day. The volume in the stock stood at 4.18 lakh shares today, compared to the daily average of 6.89 lakh shares in last one month.

The PE of the stock is 21.47 based on TTM earnings ending March 26.

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Jindal Stainless Ltd is up for a third straight session in a row. The stock is quoting at Rs 709.2, up 2.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.17% on the day, quoting at 23899.6. The Sensex is at 76443.32, up 1.21%. Jindal Stainless Ltd has dropped around 5.27% in last one month.

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has dropped around 0.28% in last one month and is currently quoting at 12854.5, up 2.17% on the day. The volume in the stock stood at 2.46 lakh shares today, compared to the daily average of 6.99 lakh shares in last one month.

The PE of the stock is 21.04 based on TTM earnings ending March 26.

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Jindal Stainless' Hisar plant has been awarded the Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating. The certification, verified by Bureau Veritas India, highlights the Hisar unit's robust waste management framework and its efforts towards strengthening waste segregation, minimising landfill disposal, and embedding sustainable waste management practices across the plant.

During the reporting period from FY 2024-25, the facility achieved an exceptional waste diversion rate of 99.99%, ensuring that nearly all waste generated was effectively recycled, reused, or recovered, with negligible quantities directed to landfill. The assessment, conducted as per mass balance methodology, acknowledges the unit's strong alignment with circular economy principles and its ongoing commitment to responsible industrial operations.