Introduction
Leading steel producer announced expansion at Raigarh to double structural steel capacity to 2.4 MTPA by mid 2028 supporting heavy and ultra heavy section supply for infrastructure energy refinery construction.
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Share price movement of Jindal Steel
On December 29, 2025, Jindal Steel Ltd opened at ₹988.50, up 0.20% from its previous close of ₹986.50. The stock reached a high of ₹1,010.00 (2.37%) and a low of ₹988.50. By 10:48 AM, it traded at ₹1,001.15, up 1.49%, with a market capitalization of ₹1,02,126.12 crore.
Jindal Steel Expands Raigarh Capacity
Jindal Steel announced plans to double structural steel capacity at its Raigarh facility from 1.2 MTPA to 2.4 MTPA by mid 2028. It will strengthen its domestic supply of heavy steel sections.
The expansion includes a new structural steel mill and technology upgrades, enabling production of parallel flange sections up to 1,100 mm depth and weights reaching 1,500 kg per metre.
The expanded product range will support infrastructure energy refinery and high rise construction projects, while reducing India’s reliance on imported heavy and ultra heavy structural steel sections.
Stock performance of Jindal Steel for Period of 1 week, 6 months, and 1 year
Jindal Steel Ltd declined 1.56% over the past week, rose 1.84% in the past six months, and gained 6.82% over the past one year.
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Shareholding pattern of Jindal Steel
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 62.40% | 62.40% | 62.20% |
| FII | 9.40% | 9.80% | 9.60% |
| DII | 18.70% | 18.10% | 17.70% |
| Public | 9.20% | 9.50% | 9.70% |
| Others | 0% | 0% | 0.80% |
About Jindal Steel
Jindal Steel Limited (NSE: JINDALSTEL) is an integrated steel producer with advanced manufacturing facilities in India, offering high-performance steel solutions for infrastructure, construction, and manufacturing, leveraging captive resources and a global distribution network.
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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 Jindal Steel Ltd share price going up today?
A: Jindal Steel Ltd share price is rising after the company announced plans to double structural steel capacity at Raigarh to 2.4 MTPA by mid 2028.
Q: What does Jindal Steel Ltd specialize in?
A: Jindal Steel Ltd specializes in integrated steel production, offering high-performance steel solutions for infrastructure, construction, and manufacturing sectors.
Q: What is the market capitalization of Jindal Steel Ltd?
A: Jindal Steel Ltd has a market capitalization of ₹1,02,126.12 crore as of December 29, 2025.
