Jindal Stainless Ltd Share Price – NSE /  BSE

Steel, Small Cap

Jindal Stainless Ltd gained for a third straight session today. The stock is quoting at Rs 770.15, up 1.72% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.99% on the day, quoting at 24011.35. The Sensex is at 77413.31, up 1.02%. Jindal Stainless Ltd has gained around 4.56% in last one month.

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has gained around 3.52% in last one month and is currently quoting at 12229.7, up 0.07% on the day. The volume in the stock stood at 2.87 lakh shares today, compared to the daily average of 8.45 lakh shares in last one month.

The PE of the stock is 22.56 based on TTM earnings ending December 25.

Jindal Stainless has announced Ranveer Singh, one of India's most celebrated actors and cultural icons, as its first ever brand ambassador and nationwide celebrity endorser. The association marks a significant step in the company's efforts to expand brand visibility and strengthen its connect with consumers. Known for his grit, performance, and reliability, Ranveer Singh's persona mirrors the brand's core ethos. Through this association, Ranveer Singh will lead campaigns across television, digital, and social media, reinforcing stainless steel's position as a trusted material powering India's growth.

Commenting on the announcement, Managing Director, Jindal Stainless, Abhyuday Jindal, said, ?Ranveer Singh represents not only the present but also the future of Indian cinema, deeply committed to the work behind performance. As Jindal Stainless embarks on its next phase of growth, his dynamic personality and strong connect with audiences make him a fitting partner, to help bring the versatility of stainless steel closer to people across the country.

The project, developed by Oyster Renewable at an investment of over Rs 2,000 crore, includes a committed investment of Rs 132 crore from Jindal Stainless. It spans Madhya Pradesh and Gujarat, with around 216 MW of solar and wind capacity in Madhya Pradesh and an additional 99 MW in Gujarat.

The facility is being commissioned in phases, beginning with the Madhya Pradesh unit, followed by the Gujarat installation. The project is aimed at supporting Jindal Stainless? transition towards a cleaner and more resilient energy mix, underscoring the increasing role of large-scale renewable infrastructure in industrial decarbonisation.

The hybrid project combines bifacial solar modules with tracker systems and advanced 3.15 MW wind turbines supplied by Suzlon Energy in a co-located configuration. The design is expected to enable a more balanced generation profile by leveraging both solar and wind resources, improving power availability and ensuring a more stable supply of renewable energy for industrial use.

Jindal Stainless is India?s leading stainless-steel manufacturer of stainless steel flat products, in austenitic, ferritic, martensitic and duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods, etc.

The company?s consolidated net profit jumped 26.56% to Rs 828.79 crore on 6.16% increase in revenue from operations to Rs 10,517.55 crore in Q3 FY26 over Q3 FY25.

Shares of Jindal Stainless fell 2.64% to Rs 705.25 on the BSE.

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Jindal Stainless and Oyster Renewable Energy today announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh, marking a significant milestone in advancing clean energy adoption within India's industrial sector.

The project, developed by Oyster Renewable and set at a total investment of over Rs 2,000 crore, includes a committed investment of Rs 132 crore from Jindal Stainless. It spans Madhya Pradesh and Gujarat, with ~216 MW of solar and wind power to be generated in Madhya Pradesh and an additional 99 MW in Gujarat. The project is currently being commissioned in phases, starting with the Madhya Pradesh facility, to be followed by the commissioning of the Gujarat facility. Designed to support Jindal Stainless' transition towards a cleaner and more resilient energy mix, the project reinforces the growing role of large-scale renewable infrastructure in driving industrial decarbonisation.

The project integrates bifacial solar modules with tracker systems alongside advanced Suzlon 3.15 MW wind turbines in a co-located hybrid configuration. This design enables a more balanced renewable generation profile by harnessing both solar and wind resources, helping improve power availability and supporting the delivery of more stable renewable energy for industrial consumption.

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