Vardhman Special Steels stock rises on unveiling ₹475 Cr investment plan in steel forgingsVardhman Special Steels stock rises on unveiling ₹475 Cr investment plan in steel forgings

Introduction

Leading special steel manufacturer plans a ₹475 crore forging and machining facility in Ludhiana, Punjab, to expand into automotive components, enhance supply reliability, and strengthen value-added product offerings.

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Share price movement of Vardhman Special Steels

On December 23, 2025, Vardhman Special Steels Ltd opened at ₹291.05, down 0.34% from its previous close of ₹292.05. The stock reached a high of ₹294.30 (0.77%) and a low of ₹291.00. By 2:50 PM, it traded at ₹291.85, a 0.07% decline, with a market cap of ₹2,818.16 crore.

Vardhman Special Steels Approves Investment for Steel Forging

Vardhman Special Steels Limited announced a ₹475 crore investment to set up a steel forging and machining facility in Ludhiana, Punjab. The new facility will expand the company into value-added automotive components, utilizing technical expertise from Aichi Steel Corporation.

It will integrate with existing steelmaking operations to enhance supply reliability. The expansion aims to offer a one-stop solution to automotive OEMs, improving quality consistency and aligning with Japanese manufacturing standards. It will strengthen Vardhman’s automotive supply chain presence and product portfolio.

Stock performance of Vardhman Special Steels for Period of 1 week, 6 months, and 1 year

Vardhman Special Steels Ltd delivered a 1.48% return over the past week. It gained 7.75% in the past six months and 23.6% over the past year.

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Shareholding pattern of Vardhman Special Steels

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	51.10%	51.10%	60.40%
FII	0.50%	0.50%	0.60%
DII	3.60%	3.50%	4%
Public	44.70%	44.90%	35%

About Vardhman Special Steels

Vardhman Special Steels Limited (NSE: VSSL) produces special and alloy steels, serving automotive, engineering, and international markets. Products include billets, bars, and rods, with clients like Toyota, Maruti, and Hyundai.

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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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