
Jindal Steel and Power

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About Jindal Steel and Power

Jindal Steel and Power (JSP) is one of India’s leading business houses, with a significant presence in steel, mining, power and infrastructure. With business operations spanning across India, Africa, and Australia, JSP has firmly established itself as a global player in its chosen industries.
Under the visionary leadership of Mr Naveen Jindal, JSP has achieved remarkable growth. Currently, the company offers a product portfolio that caters to markets across the entire steel value chain and contributes to realising the vision of Make in India. The organisation’s focus on innovation, enhancing capabilities and enriching lives continue to propel its growth and commitment towards building a self-reliant nation.

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Overall Rating | 3.9/5 based on 3.4k reviews | 4.0/5 based on 8.5k reviews | 3.9/5 based on 6.5k reviews | 4.1/5 based on 2.9k reviews |
Highly Rated for | Skill development | Work-life balance Job security Skill development | Job security Skill development | Job security Skill development Work-life balance |
Critically Rated for | Promotions | Promotions | Promotions | ![]() No critically rated category |
Primary Work Policy | Work from office 81% employees reported | Work from office 67% employees reported | Work from office 87% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 3.6 Good rated by 176 women | 3.9 Good rated by 545 women | 3.7 Good rated by 319 women | 3.8 Good rated by 134 women |
Rating by Men Employees | 3.9 Good rated by 3.1k men | 4.0 Good rated by 7.4k men | 3.9 Good rated by 5.9k men | 4.1 Good rated by 2.6k men |
Job security | 3.7 Good | 4.0 Good | 4.1 Good | 4.0 Good |
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Jindal Steel and Power News
Adani nears $1.4 billion buyout of Jaiprakash in M&A comeback
- Adani Group is leading the bid to acquire Jaiprakash with an unconditional bid of at least $1.4 billion.
- Other companies like Dalmia Bharat Ltd, Jindal Steel & Power Ltd, and Vedanta Ltd also submitted bids with certain conditions.
- Adani plans to fund the acquisition internally without external financing.
- The acquisition, if approved, will mark a significant comeback for Adani in big ticket acquisitions and further strengthen its position in various sectors, including cement.
JSPL, Hindalco, Jindal Stainless — Anand Rathi's Top Stock Picks In Metals & Mining Sector; Q1 Results Preview
- Anand Rathi is positive on Jindal Steel, Hindalco Industries, and Jindal Stainless in the Metals and Mining sector for Q1 results.
- Anand Rathi anticipates Jindal Steel and Power Ltd. to outperform the sector with Rs 13,214 Ebitda/tonne and sector-leading ~20.6% Ebitda margins.
- Jindal Stainless Ltd.'s Ebitda is expected to have improved the most quarter-over-quarter (QoQ) by 30% to Rs 11,066/tonne.
- In Q1 FY26, primary long steel prices commanded an 8% premium to HRC, reaching a high of Rs 57,200 a tonne.

Jindal Steel Bags 50-year Mining Lease For Roida-I Iron, Manganese Block In Odisha
- Jindal Steel has secured a 50-year mining lease for the Roida-I iron ore and Manganese block in Odisha from the state government.
- The mining lease covers an area of 104.84 hectares, enhancing Jindal Steel's raw material security and commitment to sustainable steel production in India's mineral-rich eastern corridor.
- The block has an environmental clearance capacity of 3 Million Tonnes Per Annum (MnTPA) and a mineral deposit of 126.05 Million Tonnes.
- Jindal Steel emerged as the Preferred Bidder in the e-auction and views this mining lease as a critical step towards securing long-term iron ore and manganese supplies.

Jindal Steel bags 50-year mining lease for Roida-I iron, manganese block in Odisha
- Jindal Steel has secured a 50-year mining lease for the Roida-I iron and manganese block in Odisha.
- The mining lease covers an area of 104.84 hectares and enhances the company's raw material security for steel production.
- The block has an environmental clearance capacity of 3 million tonnes per annum and a mineral deposit of 126.05 million tonnes.
- The company's successful participation in an e-auction led to it being the Preferred Bidder as per mining regulations.
Adani Group's Rs 14,000-Crore Offer For Jaiprakash Associates Tops The List
- Adani Group has made a Rs 14,000-crore offer to acquire Jaiprakash Associates Ltd. in insolvency proceedings, topping the list of potential bidders.
- The offer includes around Rs 11,000 crore to be paid upfront, with Dalmia Bharat's Rs 11,000 crore offer being the second highest.
- Jaiprakash Associates' cement business is currently being targeted by both bidders, with the company owing creditors over Rs 57,000 crore.
- Other bidders in consideration include PNC Infratech, Vedanta Group, and Jindal Steel & Power, with creditors set to negotiate final prices for the assets.

Jindal Steel commissions first galvanising line at Angul; value added product ramp-up underway
- Jindal Steel and Power Ltd (JSPL) has commissioned its first galvanising line at Angul to produce galvanised and galvalume products under 'Jindal Panther Galvanised' and 'Zinkalume' brands.
- The continuous galvanising line can process steel thicknesses ranging from 0.15 mm to 1.50 mm and widths from 700 mm to 1400 mm, maintaining high precision and consistent quality for various applications.
- Jindal Panther Galvanised Products include steel variants used in appliances, automotive, infrastructure, and construction, while Zinkalume products cater to industries like refrigeration, solar structures, and pre-painted applications.
- Jindal Steel plans to expand its crude steel capacity at the Angul plant to 12 mtpa by 2025, reinforcing its commitment to providing high-quality, value-added steel products for diverse industry needs.
F&O Query: Should you hold Jindal Steel futures long?
- Jindal Steel & Power stock has seen a 5% gain this week and has been in an uptrend since February.
- Technical analysis suggests a potential shift in trend with higher highs and higher lows.
- An inverted head and shoulder pattern on the weekly chart hints at a possible rise to ₹985 and further to ₹1,050.
- Recommendation advises holding long positions in Jindal Steel futures (Jul) at ₹950 with a stop-loss at ₹875 and profit booking at ₹1,050.

Jindal Steel & Power Changes Name To Jindal Steel
- Jindal Steel & Power Ltd. changes its name to Jindal Steel Ltd. in alignment with its core business and strategic focus, approved by the board of directors.
- Lodha Developers Ltd., previously known as Macrotech Developers Ltd., also changed its name with sanction from the Registrar of Companies.
- Jindal Steel has a significant presence in steel, mining, power, and infrastructure industries, with operations in various continents including India, Africa, and Australia.
- The stock price of Jindal Steel closed 0.20% higher at Rs 922.60 apiece on the NSE, with analysts giving varying ratings and a 5.7% potential upside according to Bloomberg data.

12th round of commercial coal blocks’ auction: NLC India, DVC, JSPL among 27 firms bid for 11 blocks
- The 12th round of commercial coal blocks' auction, launched in March this year, attracted bids for 11 out of the total 22 blocks.
- A total of 27 firms, including NLC India, DVC, JSPL, participated in the auction process, with more than 10 new companies joining for the first time.
- During the bidding process, 41 bids were received online and in physical form for the 11 coal blocks.
- DVC submitted the highest number of bids, with 4, followed by Jharkhand Exploration, Penna Shipping, Oriental Quarries, and Mines, and Amalgam Steel and Power each submitting three bids.
- Orissa Alloy Steel, Saisurya Professional Services, and Sunflag Iron & Steel placed bids for two coal blocks each, while NLC India and JSPL bid for one block each.
- One of the blocks available for extraction is for coking coal, specifically Tambia South.
- The participation of new companies highlights the industry's interest in the commercial coal block auction, aiming to boost the economy.
- The bidding process will involve evaluation by a Technical Evaluation Committee, with technically qualified bidders progressing to the electronic auction on the MSTC portal.
- Since the start of commercial coal mining in 2020, the Ministry has auctioned 125 mines, totaling a production capacity of 273.06 million tonnes per annum.
- The coal sector is expected to play a significant role in the economy, supporting India's ambition to become the world's third-largest economy.

Who Was Sunjay Kapur? Karisma Kapoor’s Ex-Husband And Sona Comstar Chairman Who Died In UK
- Sunjay Kapur, actress Karishma Kapoor's ex-husband and Sona Comstar Chairman, passed away at 53 in England.
- Kapur and Karishma had a troubled marriage, divorcing in 2016 after marrying in 2003. He later married Priya Sachdev in 2017.
- Their two children are Samaira, born in 2005, and Kiaan Raj Kapur, born in 2010. Sunjay Kapur was also survived by two siblings.
- Sunjay Kapur, an alumnus of Harvard Business School, was Chairman of Sona Comstar with extensive automotive and manufacturing experience.
- He was involved with various companies and served on boards, including Jindal Steel and Power Ltd. and The Doon School in Dehradun.
- Kapur expressed grief over the Ahmedabad plane crash in his last social media post before his death.
- He was passionate about Polo and had completed the Owner-President Management Program at Harvard Business School.
- Sunjay Kapur's death followed his last social media post expressing condolences for the Air India crash in Ahmedabad.
- The passing of Sunjay Kapur marks the loss of a prominent figure in the automotive industry and a personality known for his diverse interests.
- His legacy includes his role as Chairman of Sona Comstar and his contributions to the field of auto components.


Jindal Steel and Power Subsidiaries

Jindal Power

Jindal Shadeed Iron & Steel

Jindal Infosolutions

Jindal Petroleum
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