Jindal Steel Ltd.- BUY – Quant Funda Report (22nd January 2026)

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Jindal Steel Limited (JSL), founded in 1979 and headquartered in New Delhi, is one of India’s leading steel producers and a major player in infrastructure and energy. It operates integrated plants in Raigarh (Chhattisgarh), Angul and Barbil (Odisha), and Patratu (Jharkhand), producing rails, rebars, plates, coils, and wire rods. Notably, it is the only private company in India manufacturing railway rails and has pioneered technologies like the MXCOL plant, which uses high-ash coal for steelmaking.

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