External broker reports(aggregated public sources), Axis Direct

Axis Direct

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Capacity expansion to drive growth: Jindal steel is on the cusp of expansion at its Angul facility.</li><li>It has recently (on 26th Sep’25) raised its iron making capacity to 15.02 MT from 10.42 MT by commissioning one of India’s largest blast furnaces of 4.6 MT (BF-II), almost doubling hot metal capacity at Angul from 6 MTPA to 10.65 MTPA.</li><li>Synchronizing with the iron making expansion it has commissioned a 3 MTPA of Basic Oxygen Furnace (BOF-II) under phase I, raising crude steelmaking capacity from 6 MTPA to 9 MTPA at Angul, taking total steel making capacity to 12.6 MT from 9.6 MTPA. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Capacity expansion to drive growth: Jindal steel is on the cusp of expansion at its Angul facility.It has recently (on 26th Sep’25) raised its iron making capacity to 15.02 MT from 10.42 MT by commissioning one of India’s largest blast furnaces of 4.6 MT (BF-II), almost doubling hot metal capacity at Angul from 6 MTPA to 10.65 MTPA.Synchronizing with the iron making expansion it has commissioned a 3 MTPA of Basic Oxygen Furnace (BOF-II) under phase I, raising crude steelmaking capacity from 6 MTPA to 9 MTPA at Angul, taking total steel making capacity to 12.6 MT from 9.6 MTPA. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Punch:Jindal Steel - 31st December, 2025