Support and Resistance Levels
Past performance
About Jayaswal Neco Industries Ltd Jayaswal Neco Industries Limited, established in 1972, is a prominent company within the NECO Group, primarily involved in the manufacturing and supply of pig iron, sponge iron, pellets, steel, and iron & steel castings. With production facilities in Chhattisgarh and Maharashtra, the company began commercial operations in 1976, specializing in grey iron castings for railways and municipal works. Over the years, they have expanded their operations, adding multiple foundries and diversifying into coal washery and solvent extraction.
The company's significant growth includes mergers with Inertia Iron and Steel Industries, Corporate Ispat Alloys, and Abhijeet Infrastructure, enhancing its steel production capabilities. ISO 9002 certified for its engineering and steel divisions, Jayaswal Neco also established NECO GLOBAL INC. in the USA to expand its export market. The company continues to upgrade and expand its facilities, including setting up an iron ore pelletization plant in 2015, and has implemented several facility enhancements to support its operations and market reach.