{
  "type": "article",
  "title": "JTL Industries Announces Rs 15 Crore Capex to Double HR Coil Capacity as Stock Trades Under Rs 100",
  "summary": "JTL Industries plans to invest approximately Rs 15 crore through its subsidiary to double its narrow-width HR coil manufacturing capacity.",
  "content": "Shares of JTL Industries ended flat on Monday following robust momentum during the earlier half of the trading session. The company announced on Monday that its subsidiary, JTL Engineering Limited, will deploy a capital expenditure of approximately Rs 15 crore aimed at expanding its narrow-width HR coil manufacturing operations.\n\nExpanding Manufacturing and Coil Width\nThe planned facility expansion will effectively double JTL Engineering Limited's HR coil production capacity from the current 5,000 metric tonnes per month to 10,000 metric tonnes per month. In its regulatory filing with the BSE, the firm noted that the proposed enhancement will improve its capability to manufacture wider narrow-width HR coils, increasing the maximum coil width from 9 inches or 228.6 millimeters up to 11 inches or 279.4 millimeters.\n\nLeadership Commentary on Growth\nMadan Mohan, Managing Director of JTL Industries Limited, stated that the proposed expansion reflects the organization's focus on strengthening manufacturing capabilities and broadening the portfolio of products offered to the market. The additional capacity and wider coil specifications will allow the company to cater to a wider range of customer requirements and product standards.\n\nMarket Performance and Price Movement\nThe company's stock closed slightly lower on Monday, settling down 0.15% at Rs 79.45 per share on the BSE, resulting in a market capitalization of Rs 3,123.03 crore. During the trading session, the equity touched an intraday high of Rs 80.88 and a low of Rs 78.50 per share. Over the past year, the stock recorded its 52-week high of Rs 87.09 on July 6, 2026, and a 52-week low of Rs 40.31 on March 30, 2026.\n\nReturns and Financial Ratios\nThe stock demonstrates a return on equity of 8.54%. On a year-to-date basis, the share price has appreciated by approximately 34.62%, alongside a gain of roughly 23.85% over the past six months. Conversely, looking at a two-year timeframe, the stock value has experienced a contraction of around 30.31%.\n\nWhat this means for you\nAcross India: Investors tracking metal and manufacturing sector stocks should monitor capital expenditure announcements as indicators of operational growth.\n\nIn the market: The capacity expansion by JTL Engineering could influence the company's long-term output and ability to address broader customer requirements.\n\nQuestions & Answers\n\n1. What is the name of the subsidiary undertaking the expansion?\nThe subsidiary is JTL Engineering Limited.\n\n2. To what level will the HR coil manufacturing capacity double?\nCapacity will double from 5,000 metric tonnes per month to 10,000 metric tonnes per month.\n\n3. How much capital expenditure is allocated for this project?\nThe company will undertake a capex of approximately Rs 15 crore.\n\n4. Who is the managing director of JTL Industries Limited?\nMadan Mohan serves as the Managing Director of JTL Industries Limited.",
  "url": "https://trendkia.com/en/market/jtl-industries-announces-rs-15-crore-capex-to-double-hr-coil-capacity-as-stock-trades-under-rs-100-21311",
  "category": "Market",
  "publishedAt": "2026-08-24",
  "tags": [
    "JTL Industries",
    "Stock Market",
    "Capex",
    "HR Coil",
    "BSE"
  ],
  "language": "en",
  "site": "TrendKia"
}