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Jindal Stainless Share Price in Focus After Deploying First Electric Trucks

Written by: Team Angel OneUpdated on: 15 Oct 2026, 9:10 pm IST
Jindal Stainless has put 10 electric trucks into service to transport finished steel products from its Jajpur plant to Kharagpur and Kolkata.
Jindal Stainless Share Price
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Jindal Stainless has started using electric trucks to move finished goods for the first time. The company has deployed 10 trucks on routes linking its Jajpur plant in Odisha with Kharagpur and Kolkata. 

Electric Trucks Join Existing LNG and CNG Fleet 

The company already uses 80 LNG trucks to move finished goods from its Jajpur and Hisar plants to western India.  

It has also started using CNG trucks to carry imported cargo from Dhamra to Jajpur. In addition, 60 CNG buses are used to transport employees at its Jajpur and Hisar facilities. 

Company Expects Lower Transport Emissions 

Jindal Stainless expects its electric, LNG and CNG vehicles to carry around 8,000 to 10,000 tonnes of cargo each month. Based on its estimates, the combined fleet could cut carbon dioxide emissions by around 71 tonnes per month, about 26% less than diesel-based transport. 

The company plans to add more electric and alternative-fuel vehicles on routes where they can be used effectively. 

Read More: Leela Palaces Share Price in Focus After Q2 FY27 Earnings Results; Q2 Profit Rises 27%! 

Jindal Stainless Share Price Performance 

As of October 15, 2026, at 3:20 PM, Jindal Stainless share price was trading at ₹724.10 per share, reflecting a 1.41% surge from the previous trading session. 

Conclusion 

Jindal Stainless has added 10 electric trucks to its transport operations, alongside its existing LNG and CNG vehicles. The company expects the combined fleet to reduce transport-related emissions by around 71 tonnes of CO₂ per month. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 15, 2026, 3:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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