Jindal Stainless Deploys Electric Trucks; Shares Rise 0.55%

Mumbai, October 15: Jindal Stainless has put 10 electric trucks into service for finished goods transportation for the first time, adding another leg to its shift towards cleaner logistics. The trucks will run on routes connecting its Jajpur plant with Kharagpur and Kolkata.

The new trucks join a fleet that already includes vehicles running on alternative fuels. Jindal Stainless operates 80 LNG trucks to move finished goods from its Jajpur and Hisar facilities to western India. It has also started deploying CNG trucks to carry imported cargo from Dhamra to Jaipur and runs 60 CNG buses for employee transport.

The company expects its mix of electric, LNG and CNG vehicles to move around 8,000 to 10,000 tonnes of cargo each month. Based on estimated cargo volumes and travel distances, the shift is expected to reduce carbon dioxide emissions by about 71 tonnes a month compared with diesel-powered transportation.

Stock Market SnapshotJindal Stainless Deploys Electric Trucks; Shares Rise 0.55%

The Jindal Stainless share price rose ₹3.95, or 0.55%, to ₹718.00 as of 9:27:50 AM IST on October 15, 2026.

The shares were trading higher in early deals. While the deployment adds to the company’s sustainability initiatives, the available information does not establish that the announcement directly drove the price movement.

Company Background

Jindal Stainless manufactures stainless steel and operates production and processing facilities in India and Indonesia. The company reported turnover of ₹42,955 crore in FY26 and annual melt capacity of 4.2 million tonnes.

Alongside its manufacturing operations, it has been working to reduce the environmental impact of moving goods between plants, ports and customers. The electric truck deployment builds on its existing use of LNG and CNG vehicles.

Conclusion

The introduction of 10 electric trucks gives Jindal Stainless another option for moving finished goods while reducing its reliance on diesel transport. The company expects its broader alternative-fuel fleet to save around 71 tonnes of CO₂ emissions each month, based on its operating estimates.

Jindal Stainless shares rose 0.55% to ₹718.00 as of 9:27:50 AM IST on October 15, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/JSL/Jindal-Stainless-Limited
• https://nsearchives.nseindia.com/corporate/JSL_15102026090632_JSLSEPR151026sd.pdf