Press Release.

JSL · price

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Price reaction · full curve 14 horizons · vs prior close

-2.2%1-day move

₹754.40

prior close

₹736.00

base price

In-mkt

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AI summary

Jindal Stainless' Hisar plant has been awarded the Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating by Bureau Veritas India Pvt. Ltd. During FY 2024-25, the facility achieved a 99.99% waste diversion rate, meaning nearly all waste was recycled, reused, or recovered with negligible quantities sent to landfill. The assessment was conducted using mass balance methodology, highlighting the unit's alignment with circular economy principles. The company is India's leading stainless steel manufacturer with an annual turnover of INR 42,955 crore in FY26 and operates 16 manufacturing facilities across India, Spain, and Indonesia.

Likely market impact

This certification demonstrates Jindal Stainless' commitment to sustainable manufacturing, potentially attracting ESG-focused investors and strengthening its reputation as an environmentally responsible industrial company.