According to the quarterly results (Q1FY24), the company reported a net sales of Rs 59.65 crore, an operating loss of Rs 4.25 crore and a net loss of Rs 9.41 crore. In FY23, net sales increased by 62.85 per cent to Rs 513 crore compared to net sales of Rs 315 in FY22. The company reported a net profit of Rs 3 crore in FY23 compared to a net loss of Rs 25 crore in FY22.

Earlier, the company announced its quarterly results wherein the net sales increased by 49.14 per cent to Rs 297.18 crore and the net profit skyrocketed by 145.36 per cent to Rs 24.65 crore in Q1FY24 compared to Q1FY23. Additionally, the company's order book stood as of June 30, 2023, the order book has grown to Rs 3,000.40 crore. This represents a growth of 13.30 per cent over the three-month period.

The company has a market cap of Rs 7 crore. According to the shareholding pattern, promoters hold a majority stake of 55.40 per cent, followed by DIIs with 0.08 per cent. The remaining 44.52 per cent is held by the general public.

The company has a market capitalization of over Rs 3,500 crore. The company has been maintaining a healthy dividend payout of 29.8 per cent. At the closing bell, shares of the company were trading at Rs 376.65 per share, up 1.80 per cent with a spurt in volume by more than 4.08 times on BSE.

On August 25, 2023, the abrupt decline in the stock market resulted from substantial investor selling, aimed at booking profits being one of the reasons. Foreign Institutional Investors (FIIs) offloaded shares worth 4,638.21 crore, while Domestic Institutional Investors (DIIs) acquired shares worth 1,414.35 crore.

Earlier, Jindal Stainless Ltd, India's largest stainless-steel manufacturer, created a high-strength alloy steel for Chandrayaan-3's motor casing. Developed over 3 years, this heat-resistant grade aids ISRO by meeting quality standards, enhancing India's space endeavours.

According to the half-yearly results, the net sales increased by 51.25 per cent to Rs 62.01 crore and net profit increased by 51 per cent to Rs 2.88 crore in H2FY23 compared to H2FY22. In FY23, the net sales increased by 14.50 per cent to Rs 95.13 crore and net profit increased by 18.73 per cent to Rs 4.50 crore compared to FY22.

The company has a market cap of over Rs 30,000 crore with a 3-year stock price CAGR of 82 per cent. As of May 30, 2023, the cumulative order book stands at over 1,500 MW. This includes the order book as of March 31, 2023, of 652 MW plus orders secured subsequently of 890 MW.

Shares of the company have generated an impressive multibagger return of 1200 per cent in the last three years

In FY23, net sales increased by 44 per cent to Rs 2,780 crore compared to FY22. The company reported a net profit of Rs 126 crore in FY23, compared to a net loss of Rs 1 crore in FY22. The company has reduced its debt and delivered a strong profit growth of 24.1 per cent CAGR over the last 5 years.