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Jindal Stainless Hisar commissions 26,000 TPA capacity Precision Strip Mill

The capacity addition to JSHL’s Specialty Products Division is the first phase of the company’s brownfield expansion plan

Anthony Fernandes / Article rating: 4.4

On Wednesday, Jindal Stainless (Hisar) Limited (JSHL) announced the commissioning of the 26,000 tons per annum (TPA) capacity Precision Strip Mill as part of the first phase of its latest brownfield expansion plan at its state-of-the-art Specialty Products Division (SPD). This takes the total precision strip production capacity to 48,000 TPA from the existing 22,000 TPA. 

Overnight Digest: These small caps will be in focus on Thursday

Arihant Foundations and Housing, Ugro Capital, Transport Corporation of India, Mukta Arts, AMD Industries, Sangam (India), Art Nirman, Oriental Hotels and Rajnandini Metal made a fresh 52-week high today.

Armaan Madhani / Article rating: 3.1

On Wednesday, post a volatile session, headline benchmark indices Sensex and Nifty ended with losses of 0.74 per cent and 0.83 per cent. Consumer durables, metal and utility stocks saw steep corrections.


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