Jindal Steel wins edge in Odisha, declared preferred bidder for Thakurani-A1 block; stock up 2%Jindal Steel wins edge in Odisha, declared preferred bidder for Thakurani-A1 block; stock up 2%

Introduction

Leading steel company was declared preferred bidder for Thakurani-A1 Iron Ore Block in Odisha, covering 202 hectares with approximately 50 million tonnes of G3-level explored iron ore.

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Share price movement of Jindal Steel

On March 11, 2026, Jindal Steel Ltd opened at ₹1,187.10, up 0.84% from its previous close of ₹1,187.00. The stock reached a high of ₹1,204.65 (1.48%) and a low of ₹1,187.10. By 1:13 PM, it traded at ₹1,197.00, a 0.84% increase, with a market cap of ₹1,22,104.55 crore.

Jindal Steel Wins Thakurani-A1 Block

Jindal Steel Limited was declared the preferred bidder for the Thakurani-A1 Iron Ore Block in Keonjhar, Odisha. The 202-hectare block was offered in a government online auction.

The company committed to pay a 101.20% premium to the Odisha Government. The G3-level explored block contains approximately 50 million tonnes of iron ore resources, as per government documents.

Stock performance of Jindal Steel for period of 1 week, 6 months, and 1 year

Jindal Steel Ltd delivered a 1.61% return over the past week, gained 14.6% over the past six months, and rose 31.2% over the past one year.

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Shareholding pattern of Jindal Steel

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	62.70%	62.40%	62.40%
FII	9.00%	9.40%	9.80%
DII	19.10%	18.70%	18.10%
Public	9%	9%	9.50%

About Jindal Steel

Jindal Steel Ltd (NSE: JINDALSTEL) is a leading Indian steel producer with operations in steel and mining, and a global presence across multiple countries through subsidiaries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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