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Vardhman Special Steels stock rises on unveiling ₹475 Cr investment plan in steel forgings

Vardhman Special Steels Limited plans a ₹475 crore steel forging and machining facility in Ludhiana, Punjab, to expand into automotive components with Aichi Steel technical expertise.

Introduction

Leading special steel manufacturer plans a ₹475 crore forging and machining facility in Ludhiana, Punjab, to expand into automotive components, enhance supply reliability, and strengthen value-added product offerings.

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Share price movement of Vardhman Special Steels

On December 23, 2025, Vardhman Special Steels Ltd opened at ₹291.05, down 0.34% from its previous close of ₹292.05. The stock reached a high of ₹294.30 (0.77%) and a low of ₹291.00. By 2:50 PM, it traded at ₹291.85, a 0.07% decline, with a market cap of ₹2,818.16 crore.

Vardhman Special Steels Approves Investment for Steel Forging

Vardhman Special Steels Limited announced a ₹475 crore investment to set up a steel forging and machining facility in Ludhiana, Punjab. The new facility will expand the company into value-added automotive components, utilizing technical expertise from Aichi Steel Corporation.

It will integrate with existing steelmaking operations to enhance supply reliability. The expansion aims to offer a one-stop solution to automotive OEMs, improving quality consistency and aligning with Japanese manufacturing standards. It will strengthen Vardhman’s automotive supply chain presence and product portfolio.

Stock performance of Vardhman Special Steels for Period of 1 week, 6 months, and 1 year

Vardhman Special Steels Ltd delivered a 1.48% return over the past week. It gained 7.75% in the past six months and 23.6% over the past year.

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Shareholding pattern of Vardhman Special Steels

ParticularsSep 2025Jun 2025Mar 2025
Promoter51.10%51.10%60.40%
FII0.50%0.50%0.60%
DII3.60%3.50%4%
Public44.70%44.90%35%

About Vardhman Special Steels

Vardhman Special Steels Limited (NSE: VSSL) produces special and alloy steels, serving automotive, engineering, and international markets. Products include billets, bars, and rods, with clients like Toyota, Maruti, and Hyundai.

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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 Vardhman Special Steels Ltd share price going up today?

A: Vardhman Special Steels Ltd announced ₹475 crore investment for a new steel forging and machining facility in Ludhiana, Punjab.

Q: What does Vardhman Special Steels Ltd specialize in?

A: Vardhman Special Steels Ltd specializes in producing special and alloy steels for automotive, engineering, and international markets.

Q: What is the market capitalization of Vardhman Special Steels Ltd as of today?

A: The market capitalization of Vardhman Special Steels Ltd is ₹2,818.16 crore as of December 23, 2025.

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