Jindal Stainless Limited, India’s leading stainless steel manufacturer, has renewed its Lubricants Vendor Managed Inventory (VMI) partnership with Indian Oil Corporation Limited (IOCL) for another five years. This renewal signifies a new chapter in their long-standing association, reinforcing their commitment to quality, reliability, and technical excellence. The formal agreement signing ceremony was held at Jindal Stainless’ Hisar unit, attended by Executive Director, Northern Region & State Head, DSO, Indian Oil, Mr Hemant Rathore, and Unit Head – Hisar, Jindal Stainless, Mr Vijay Bindlish.

Reinforcing a Long-Standing Collaboration

Commenting on the renewal, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, emphasized the value of sustained collaboration between the two organizations. He stated, “Our long-standing association with Indian Oil reflects the value of sustained collaboration between two organizations with a shared focus on quality, reliability, and technical excellence. The renewal of this arrangement for another five years reinforces this relationship and provides an opportunity to deepen our engagement further. We look forward to continuing our collaboration with Indian Oil and exploring new avenues of technical cooperation as industry needs evolve.”

Broader Engagement Across Lubricants and Energy Supplies

Reflecting on the partnership, Executive Director, Northern Region & State Head, DSO, Indian Oil, Mr Hemant Rathore, highlighted the breadth and depth of the association between the two organizations. He said, “Indian Oil Corporation Limited and Jindal Stainless Limited share a long-standing and valued relationship, encompassing a wide range of lubricant and fuel requirements. The renewal of the Consumer’s Operated Lube Depot’s (COLD) agreement for another five years marks an important milestone in this enduring partnership. In addition to lubricants, Indian Oil also caters to Jindal Stainless’ energy requirements through supplies of LDO, HSD, LSHS, and Propane, further reflecting the breadth and depth of the association between the two organizations. We believe that such collaboration, built on mutual trust, reliability, and shared objectives, steers a true win-win proposition for both organizations. We look forward to further strengthening our association with Jindal Stainless and supporting its growth through dependable energy and high-end SERVO® lubricants for all its challenging applications.”

The renewed partnership builds on the organizations’ broader engagement across lubricants and energy supplies. With industrial operations increasingly focused on equipment reliability, operational efficiency, and performance, dependable lubrication and energy solutions play an important role in supporting manufacturing continuity. The extended arrangement reinforces the two organizations’ commitment to sustained technical collaboration and reliable supply solutions as industry requirements continue to evolve.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Jindal Stainless Limited

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

Jindal posts a 5.0% three-month gain, but softens in the last few weeks. Thin margins at 7.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The stock gives back 0.2% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 6.4% and profits at 14.7%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Jindal Stainless Limited.

Sambahv Steel Tubes Limited (NSE: SAMBHV) has achieved its highest-ever sales volume in Q2 FY27 for Value Added Products, marking a significant milestone for the company. The robust performance was driven by strong growth in the Structural Pipes and Tubes and Pre-Galvanised (GP) Coils & Pipes segments. Notably, the company successfully scaled its portfolio of high-value products while maintaining overall volume stability despite global disruptions arising from ongoing conflicts, which adversely impacted the broader industry.

Sales Volume Growth

The company reported a substantial increase in sales volume across various product categories. In the Structural Pipes and Tubes segment, sales volume reached 67,020 tons in Q2 FY27, up from 56,617 tons in Q1 FY27 and 57,788 tons in Q2 FY26. Similarly, Pre-Galvanised (GP) Coils and Pipes saw a significant rise, with sales volume hitting 32,126 tons in Q2 FY27, compared to 29,814 tons in Q1 FY27 and 20,207 tons in Q2 FY26.

Product Category Performance

The sales volume for Stainless Steel Coils was 14,445 tons in Q2 FY27, slightly lower than the previous quarter’s 14,760 tons but still reflecting a healthy growth trend. The overall sales volume for Value Added Products totaled 1,13,591 tons in Q2 FY27, a notable increase from 1,01,191 tons in Q1 FY27 and 89,562 tons in Q2 FY26.

As a result, Sambahv Steel Tubes Limited continues to strengthen its market position and expand its portfolio of high-value products, ensuring sustained growth and stability in the competitive steel industry.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Sambhv Steel Tubes Limited

Sambhv Steel Tubes Limited belongs to the Basic Materials › Steel sector. Here’s a quick read on where the business and the stock stand today.

Sambhv gains 40.3% over three months and trades near its 52-week highs. Thin margins at 6.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 37.1% and profits at 33.0% CAGR. Both numbers are exceptional. The stock trades at 93% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 37.1%, profits at 33.0%, and the PEG sits at 0.84 — below its growth rate. That combination is rare. Check Fundamentals of Sambhv Steel Tubes Limited.

Indo Borax & Chemicals Limited (INDOBORAX) has announced a significant leadership change in its recently acquired specialty chemicals company, Kronox Lab Sciences Limited. The company has appointed Mr. Suresh Kalra as Managing Director and CEO, marking a new phase in its growth strategy. This move follows the completion of the acquisition of a 64.26% stake in Kronox Lab Sciences on September 29, 2026. The new leadership aims to strengthen operations, expand capabilities, and pursue sustainable growth opportunities across India and global markets.

Leadership Transition at Kronox Lab Sciences

Mr. Kalra brings over 25 years of leadership experience in the chemicals industry, with expertise in global operations, P&L management, manufacturing, strategic planning, and international business expansion. His appointment is expected to leverage Kronox’s strong foundation in high-purity specialty chemicals, supported by its manufacturing capabilities, technical expertise, and growing presence in domestic and international markets.

New Board Brings Diverse Expertise

The new board at Kronox Lab Sciences brings together experience across chemicals, manufacturing, financial management, banking, legal, and corporate governance. The board has also reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee to ensure robust governance and strategic direction.

About Kronox Lab Sciences Ltd: Incorporated in 2008 and headquartered in Vadodara, Gujarat, Kronox Lab Sciences Limited manufactures high-purity specialty fine chemicals, including excipients, reagents, buffers, and intermediates, for various industries. The company operates multiple manufacturing units in Gujarat and markets a portfolio of more than 185 products across domestic and export markets. For FY2026, the company reported revenue of approximately INR 101 crore and profit after tax of approximately INR 28 crore.

About Indo Borax & Chemicals Ltd: Established in 1980, Indo Borax & Chemicals Ltd. is a manufacturer of boron-based chemicals and a producer of Boric Acid. The company operates manufacturing facilities at Pithampur, Madhya Pradesh, producing Boric Acid, Disodium Octaborate Tetrahydrate (D.O.T.), and Borax. Indo Borax also manufactures Pharma Grade Boric Acid as per the Indian Pharmacopoeia and was among the first companies in India to receive a BIS licence for manufacturing Technical Grade Boric Acid.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited belongs to the Basic Materials › Chemicals sector. Here’s a quick read on where the business and the stock stand today.

Indo gains 19.7% over three months and trades near its 52-week highs. Margins at 23.3% are impressive but need to be sustained — any compression would be a red flag. Revenue contracts at -1.4% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 9.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock holds up despite -1.4% revenue growth and a PEG of 99.00. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Indo Borax & Chemicals Limited.