JTL Industries Share Price Rises 6% After NCLT Clears RCI Industries Acquisition

JTL Industries share price rose 6.2% on the BSE to an intra-day high of ₹72.2, following the NCLT’s approval for the company’s acquisition of RCI Industries & Technologies. By noon, the stock traded at ₹69.12, while the Sensex slipped 0.33%. The company’s market value now stands at around ₹2,640 crore.

What the Acquisition Means

Earlier, in Q4 FY25, JTL had signed an MoU with RCI Industries to produce 200 MT per month of copper and brass alloys through job-work. With this approval, JTL now has full ownership of the RCI plant, which is expected to add significantly to revenues by FY27.

The deal gives JTL access to new markets such as defence manufacturing (bullet shells and coin components for Mint Factory) and non-ferrous metal production, expanding beyond its core steel business.

Strategic Benefits for JTL

• Diversified product portfolio: RCI’s base in Baddi and its copper product line help JTL enter new, value-added markets.
• Reduced steel dependency: Copper products will reduce JTL’s exposure to steel price fluctuations, ensuring more stable profits.
• Enhanced capacity and capabilities: The acquisition strengthens JTL’s manufacturing scale and technological base.

JTL’s Vision Going Forward

According to the company, this acquisition marks a strategic expansion into the high-demand copper and non-ferrous metals sector, driven by growth in infrastructure, electrical, and defence industries. JTL expects smooth integration and a significant boost in revenue and earnings by FY27.

Read More: Tata Motors Share Price in Focus as Commercial Unit to be Renamed Tata Motors Limited.

Conclusion

The NCLT’s approval for acquiring RCI Industries gives JTL a powerful edge in new markets and materials. With increased capacity, product diversification, and access to the fast-growing copper segment, JTL is set for steady long-term growth and stronger financial performance.

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