Metal Stock Under Rs 100: JTL Industries To Invest Rs 15 Crore To Double HR Coil Capacity | Check Info

Metal Stock Under Rs 100: Shares of JTL Industries ended flat on Monday after seeing strong momentum in the first-half of the trading session. The company, on Monday, had announced that its subsidiary, JTL Engineering Limited, will undertake a capital expenditure of approximately Rs 15 crore. The capex would help in expanding its narrow-width HR coil manufacturing capacity.

JTL Industries share price closed 0.15% lower at Rs 79.45 per share on BSE with a market capitalisation of Rs 3,123.03 crore on Monday. The stock had touched an intraday high of Rs 80.88 per share and an intraday low of Rs 78.50 per share.

JTL Industries Business Update

The company, on Monday, had announced that its subsidiary, JTL Engineering Limited, will undertake a capital expenditure of approximately Rs. 15 Crore to expand its narrow-width HR coil manufacturing capacity.

The planned expansion will double JTL Engineering Limited's HR coil manufacturing capacity from the current 5,000 MT per month to 10,000 MT per month. "With the proposed expansion, JTL Engineering Limited will enhance its capability to manufacture wider narrow-width HR coils. The maximum coil width will increase from the current 9 inches (228.6 mm) to 11 inches (279.4 mm)," stated the firm in its BSE filing.

"The proposed expansion reflects our focus on strengthening JTL Engineering Limited's manufacturing capabilities and expanding the range of products that we can offer. The additional capacity and wider coil capability will enable us to cater to a broader range of product specifications and customer requirements," stated Madan Mohan, Managing Director of JTL Industries Limited.

JTL Industries Share Price Trend

The stock closed lower on Monday. Its share price value touched its 52-week high of Rs 87.09 per share on July 6, 2026. The stock dipped to its 52-week low of Rs 40.31 per share on March 30, 2026. THe stock has a return on equity (ROE) of 8.54 %. Its share price value has surged around 34.62 year to date (YTD) and around 23.85% in six months. However, its stock value has declined around 30.31 % in two years.

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