JTL Industries Stock Closes Up by More Than 3% Today
By Ankur Chandra | Published at: Jul 10, 2025 05:03 PM IST
Chandigarh, July 10, 2025 – JTL Industries Ltd (NSE: JTLIND, BSE: 534600) witnessed a sharp rally in its stock price on Thursday following the company’s announcement of a major capacity expansion initiative. The stock closed the day today, 10th July, up by 3.41%.
Stock Performance Snapshot
| Metric | Value (₹) |
|---|---|
| Last Traded Price | 83.65 ▲ (+3.41%) (As of 3:30 PM IST) |
| Previous Close | 80.89 |
| Day’s High | 84.90 |
| Day’s Low | 80.31 |
| Volume Traded (Lakhs) | 66.02 |
| VWAP | 82.63 |
| Market Cap (Cr.) | 3,329.40 |
| 52-Week High | 123.75 (03-Oct-2024) |
| 52-Week Low | 59.77 (09-May-2025) |
| Adjusted P/E Ratio | 32.17 |
The surge comes amid a strong buy interest, with total buy quantity reaching 48.11 lakh shares, far outweighing the sell quantity of 9.11 lakh shares.
Expansion Announcement Drives Optimism
JTL Industries announced plans to set up a new ASTM/API-grade ERW pipe manufacturing line with an annual capacity of 3,00,000 MTPA, aimed at bolstering its position in high-margin segments such as oil & gas, water transmission, and city gas distribution.
According to the company, the new line will:
- Support pipe sizes up to 20 inches in diameter and 16 mm in thickness.
- Offer over 500 SKUs, targeting infrastructure projects requiring large-diameter and thick-gauge steel pipes.
- Be operational within 12 months, generating EBITDA margins in the range of ₹7,000–₹8,000 per tonne.
The management said this move strategically positions JTL among a handful of Indian manufacturers capable of producing API-compliant ERW pipes, thus expanding its domestic and global competitiveness.
Management Commentary
“This strategic investment reflects our commitment to diversifying our product portfolio and expanding into high-grade segments. The new line strengthens our technical capabilities and market positioning significantly,” the company stated.
JTL Industries Stock Performance
JTL Industries shares closed at ₹83.65, which is a 3.41% gain on July 10, 2025. JTL Industries shares have dipped 23% in the last year, down 12% in the year-to-date, and surged 4.93% in the previous month.
About JTL Industries
JTL Industries Limited, listed on NSE and BSE, is one of India’s fastest-growing steel tube manufacturers. With facilities across Punjab, Maharashtra, and Chhattisgarh, it commands a total production capacity of 9.36 lakh MTPA, including 3 lakh MTPA for backward integration. The company serves diverse sectors through products such as GI Pipes, MS Black Pipes, Hollow Sections, and Solar Structures. JTL is also a recognised Star Export House.
REF: https://nsearchives.nseindia.com/corporate/JTLIND_10072025134207_PressRelease10072025FinalFinal.pdf
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