Connect with us

Basic Materials

Jindal Stainless Hisar Unit Achieves Zero Waste to Landfill

Jindal Stainless’ Hisar unit achieves Zero Waste to Landfill certification with Platinum+ rating, highlighting its commitment to environmental responsibility.

Manas shah, Analyst — IT & Software

Published

on

Jindal Stainless Hisar Unit Achieves Zero Waste to Landfill - TradeAlone

Jindal Stainless’ Hisar unit has achieved the prestigious Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating, underscoring its dedication to environmental responsibility and sustainable manufacturing. This certification, verified by Bureau Veritas India Pvt. Ltd, highlights the Hisar plant’s robust waste management framework and its efforts towards minimizing landfill disposal and embedding sustainable waste management practices.

Exceptional Waste Diversion

During the reporting period from FY 2024-25, the facility achieved an exceptional waste diversion rate of 99.99%, ensuring that nearly all waste generated was effectively recycled, reused, or recovered, with negligible quantities directed to landfill. The assessment, conducted as per mass balance methodology, acknowledges the unit’s strong alignment with circular economy principles and its ongoing commitment to responsible industrial operations.

Management Comments

Speaking on the achievement, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said, “At Jindal Stainless, responsible manufacturing is a core business imperative shaping the way we operate and grow. This certification reflects our long-term commitment to aligning operational excellence with environmental responsibility. Achievements such as this further strengthen our resolve to build globally competitive, resource-efficient, and future-ready manufacturing ecosystems.”

Commenting on the achievement, Unit Head – Hisar, Jindal Stainless, Mr Vijay Bindlish, said, “Achieving a 99.99% waste diversion rate is a significant milestone for the Hisar plant, reflecting our teams’ sustained focus on operational excellence and responsible manufacturing. The Platinum+ certification further encourages us to drive higher efficiencies and advance environmentally conscious practices across our operations.”

The Zero Waste to Landfill certification is a globally recognized benchmark that evaluates how effectively an organization eliminates landfill disposal through reduction, reuse, recycling, and recovery initiatives. The Platinum+ rating represents the highest level of performance, reserved for organizations achieving near-total waste diversion.

Jindal Stainless, India’s leading stainless steel manufacturer, had an annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27. With 16 stainless steel manufacturing and processing facilities in India and abroad, the company remains focused on a greener and sustainable future.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Jindal Stainless Limited

Jindal Stainless Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

JSL
Basic Materials › Steel
APPROACHING RESISTANCE
72
Fundamental
50
Technical
61
Overall

1W +1.97%
1M -0.21%
3M -3.43%
P/E: 17.6 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Jindal moves sideways over three months, with neither buyers nor sellers taking control. Thin margins at 7.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gains 0.2% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 6.6% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Jindal Stainless Limited.

Basic Materials

Galaxy Surfactants Limited (galaxysurf) Signs Mou with LG Electronics for Sustainable Cleaning Solutions

Galaxy Surfactants Limited (GALAXYSURF) announces a strategic MoU with LG Electronics to co-develop next-generation sustainable cleaning solutions.

abhinav tiwari

Published

on

Galaxy Surfactants Limited Galaxysurf Q4 FY26 Results

Galaxy Surfactants Limited (GALAXYSURF) announced today a significant strategic partnership with LG Electronics to co-develop next-generation sustainable cleaning solutions. This collaboration aims to leverage the expertise of both companies to advance innovation in the field of sustainable cleaning.

Strategic Partnership

The Memorandum of Understanding (MoU) signed between Galaxy Surfactants Limited and LG Electronics signifies a shared commitment to sustainability and innovation. Mr. Vaijanath Kulkarni, Executive Director & Chief Operating Officer of Galaxy Surfactants, expressed his delight in the partnership, highlighting the potential for meaningful contributions to global sustainable cleaning solutions.

Leadership Commentary

Commenting on the partnership, Mr. Vaijanath Kulkarni emphasized the importance of collaboration between two organizations with a common belief in the advancement of innovation and sustainability. He praised LG Electronics for its technology excellence, innovation culture, and commitment to sustainability. The partnership is seen as a long-term journey where both companies can make significant contributions to the evolution of sustainable cleaning solutions.

Future Prospects

The collaboration with LG Electronics is expected to bring about technological innovation and research excellence, reinforcing the possibilities that emerge from sustained investment in science and technology. Galaxy Surfactants Limited looks forward to building a relationship founded on trust and a commitment to delivering lasting impact in the sustainable cleaning sector.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Galaxy Surfactants Limited

Galaxy Surfactants Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

GALAXYSURF
Basic Materials › Specialty Chemicals
APPROACHING SUPPORT
56
Fundamental
70
Technical
64
Overall

1W +1.6%
1M -15.15%
3M -11.74%
P/E: 19.3 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Galaxy falls 11.7% over three months and has not found a floor yet. Thin margins at 6.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at 5.7% CAGR. That signals structural headwinds, not a short-term blip. Buyers show up with 1.8x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises -11.7% in three months on 5.7% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Galaxy Surfactants Limited.

Continue Reading

Basic Materials

Prakash Industries Limited (prakash) Q2fy2027: Net Sales Up 24%, Ebitda Rises 30%

Prakash Industries Limited (PRAKASH) reports Q2FY2027 results with net sales at ₹896 Cr, up 24%, and EBITDA at ₹149 Cr, up 30% over Q2FY2026.

preety tomer tradealone

Published

on

Prakash Industries Limited Prakash Q2fy2027 Results

Prakash Industries Limited (PRAKASH) has announced its financial results for the quarter and half-year ended 30th September, 2026. The company reported a significant growth in net sales and EBITDA for Q2FY2027 compared to the same period last year.

Strong Financial Performance

During the quarter, the company achieved net sales of ₹896 crores, reflecting a robust growth of 24% over the corresponding quarter of the last financial year. The EBITDA also saw a notable increase of 30% to ₹149 crores. Profit after tax for the quarter stood at ₹65 crores, up from ₹62 crores in the same quarter last year. This growth is attributed to the company’s strategic decisions and operational efficiencies.

Half-Year Achievements

For the half-year ended 30th September, 2026, Prakash Industries Limited reported net sales of ₹1928 crores, marking a 10% growth over the corresponding period of the previous financial year. The EBITDA for the half-year was ₹303 crores, showing a 17% increase. The company has also seen a positive impact from its mining operations, with coal extraction from its Bhaskarpara Coal Mine contributing to the overall growth.

Future Outlook

The company is optimistic about achieving its target of 1.2 million tonnes of coal extraction in FY2027, up from 1.0 million tonnes in the previous financial year. However, the management cautions that forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause actual results to differ materially from the implied results.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Prakash Industries Limited

Prakash Industries Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

PRAKASH
Basic Materials › Steel
APPROACHING SUPPORT
60
Fundamental
54
Technical
57
Overall

1W +0.64%
1M -3.06%
3M -17.07%
P/E: 6.5 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Prakash falls 13.8% over three months and has not found a floor yet. The PEG of 0.33 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 9.0% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gains 0.1% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 0.3% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Prakash Industries Limited.

Continue Reading

Basic Materials

Man Industries (india) Limited Q2 FY27: Delivers Highest Ever Core Business Ebitda

Man Industries (India) Limited (NSE: MANINDS) reports Q2 FY27 with consolidated EBITDA at ₹190 crore, up 86.6% YoY.

preety tomer tradealone

Published

on

Man Industries (india) Limited Q2 FY27 Core Business Ebitda

Man Industries (India) Limited (NSE: MANINDS) announced its financial results for the quarter and half year ended September 30, 2026, showcasing a record-breaking performance. The company’s consolidated EBITDA reached ₹190 crore, marking the highest-ever quarterly figure and reflecting an impressive 86.6% year-on-year growth.

Record Core Business Revenue & EBITDA

The company’s consolidated EBITDA of ₹190 crore was driven by a 49.3% year-on-year increase in consolidated revenue from operations, reaching ₹1,216 crore. The EBITDA margin expanded by 310 basis points to 15.6%, primarily due to the contribution of National Pipe Company (NPC), which has been consolidated since its acquisition on May 21, 2026.

Impact of Shipping Disruption

Geopolitical conflict in West Asia disrupted key maritime routes, causing port congestion and delays in dispatches of finished goods. As a result, revenue of approximately ₹320 crore was deferred beyond Q2 FY27. The customer has since nominated alternate ports, and these shipments are being executed.

Consolidated Order Book

The consolidated order book stands at ~₹3,500 crore across India and Saudi Arabia, with the majority executable over the next 6–9 months. With ongoing projects in Jammu and Dammam, MAN Industries is well-positioned to build a larger, more integrated global pipeline solutions business.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Man Industries (India) Limited

Man Industries (India) Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

MANINDS
Basic Materials › Steel
APPROACHING SUPPORT
58
Fundamental
74
Technical
66
Overall

1W +2.98%
1M -8.63%
3M +37.03%
P/E: 30.1 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Man gains 45.9% over three months and trades near its 52-week highs. Thin margins at 5.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 16.5% and profits at 36.5% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.8x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises 45.9% in three months on 16.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Man Industries (India) Limited.

Continue Reading

Trending

Exit mobile version