Introduction
Leading steel manufacturer signed an MoU with the Maharashtra government to establish a two million tonnes per annum integrated steel plant at Gadchiroli with major investment.
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Share price movement of Jayaswal Neco
On January 27, 2026, Jayaswal Neco Industries Ltd opened at ₹70.23, down 2.08% from its previous close of ₹71.72. The stock reached a high of ₹72.55 (1.16%) and a low of ₹70.23. By 12:59 PM, it traded at ₹71.55, a 0.24% decline, with a market cap of ₹6,947.49 crore.
Jayaswal Neco Steel Plant MoU
Jayaswal Neco Industries Limited signed an MoU with the Government of Maharashtra on January 22, 2026, to set up a two million tonnes per annum integrated steel plant.
The proposed world class steel plant will be located in Gadchiroli district, Maharashtra, and involves a planned investment of ₹12,262 crore for the project development.
The project is expected to generate direct employment for about 2,600 staff and workers, with the state government facilitating approvals, clearances, and incentives as per applicable policies.
Stock performance of Jayaswal Neco for Period of 1 week, 6 months, and 1 year
Jayaswal Neco Industries Ltd delivered a -3.61% return over the past week, gained 36.0% over the past six months, and rose 93.5% over the past one year.
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Shareholding pattern of Jayaswal Neco
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 55.20% | 55.20% | 55.20% |
| FII | 1.30% | 1.10% | 0.00% |
| DII | 0.20% | 1% | 0% |
| Public | 43.40% | 43.30% | 44.80% |
About Jayaswal Neco
Jayaswal Neco Industries Ltd (NSE: JAYNECOIND) produces iron and steel castings, billets, rolled products, pig iron, sponge iron, pellets, and steel, operating as NECO Group’s flagship company since 1976.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Jayaswal Neco Industries Ltd share price rising today?
A: Jayaswal Neco Industries Ltd signed an MoU with Maharashtra government to set up a two million tonnes per annum steel plant.
Q: What is Jayaswal Neco Industries Ltd’s main business focus?
A: Jayaswal Neco Industries Ltd manufactures and supplies iron and steel castings, billets, rolled products, pig iron, sponge iron, pellets, and steel products.
Q: What is the 52-week high and low of Jayaswal Neco Industries Ltd stock?
A: Jayaswal Neco Industries Ltd stock has a 52-week high of ₹94.30 and a 52-week low of ₹26.06.
