Jindal Stainless Ltd Analyst Rating
based on 10 analysts
90.00%
Buy
10.00%
Hold
0.00%
Sell
Based on 10 analysts offering long term price targets for Jindal Stainless Ltd. An average target of ₹869.6
Source: S&P Global Market Intelligence
Jindal Stainless Ltd Share analysis
Jindal Stainless Ltd price forecast by 10 analysts
Upside of26.76%
High
₹1000
Target
₹869.60
Low
₹756
Jindal Stainless Ltd target price ₹869.6, a slight upside of 26.76% compared to current price of ₹655.35. According to 10 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Stainless Ltd revenue growth forecast
Expected growth rate Q1, FY2026:36.99%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Stainless Ltd EPS growth forecast
EPS estimate Q1, FY2026:61.21%
Forecast
Actual
Source: S&P Global Market Intelligence
Jindal Stainless Ltd Performance
Day's Low
Day's High
₹653.8₹683.152 Week's Low
52 Week's High
₹492.6₹848
| Returns % | |
| 1 Month Return | -1.84 % |
| 3 Month Return | -7.78 % |
| 1 Year Return | + 28.77 % |
| Market Stats | |
| Previous Close | ₹686.00 |
| Open | ₹680.00 |
| Volume | 9.09L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹56,487.61Cr |
Jindal Stainless Ltd Key Statistics
| P/E Ratio | 23.04 |
| PEG Ratio | -5.73 |
| Market Cap | ₹56,487.61 Cr |
| P/B Ratio | 4.17 |
| EPS | 32.71 |
| Dividend Yield | 0.43 |
| Sector | Steel |
| ROE | 20.12 |
Jindal Stainless Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹56,487.61 Cr | 335.44% | 0.62 | ₹2,693 Cr | ₹38,562 Cr | |
| NA | ₹25,452.07 Cr | 115.15% | 0.60 | ₹295 Cr | ₹1,717 Cr | |
| BUY | ₹22,939.06 Cr | 23.7% | 0.51 | ₹1,029 Cr | ₹13,195 Cr | |
| BUY | ₹5,897.00 Cr | 20.52% | 0.52 | ₹248 Cr | ₹1,038 Cr | |
| BUY | ₹23,857.91 Cr | 86.36% | 0.51 | ₹625 Cr | ₹5,059 Cr |
Jindal Stainless Ltd Mutual Fund Holdings
About Jindal Stainless Ltd
Share Price: ₹655.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹56,487.61Cr as of today
Revenue: ₹9,776.83Cr as on September 2024 (Q3 24)
Net Profit: ₹609.42Cr as on September 2024 (Q3 24)
Listing date: 17 Nov, 2003
Chairperson Name: Ratan Jindal
| Organisation | Jindal Stainless Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jindal Stainless Ltd
Jindal Stainless Stock Performance Overview - 17 Nov, 2024
On November 14, Jindal Stainless closed at ₹694.55, 16.94% below its 52-week high of ₹833.45 and 50.59% above its low of ₹461.30. The stock traded between ₹687.00 and ₹704.10 with a volume of 4,77,721 shares.
Jindal Stainless Ltd Continues Upward Trend - 05 Nov, 2024
Jindal Stainless Ltd gained 2.11% today, marking its third consecutive session of gains. The stock is up 56.24% over the past year, despite a recent 7.92% decline in the last month. The Nifty Metal index has also seen a slight increase today.
Jindal Stainless Faces Challenges Amid Growth Prospects - 22 Oct, 2024
Jindal Stainless anticipates 8-9% growth in the stainless steel sector driven by domestic demand, despite challenges from rising imports and geopolitical tensions affecting exports. The company aims for a Net Zero target by 2050 and has successfully commissioned a nickel pig iron smelter in Indonesia ahead of schedule.
Jindal Stainless Faces Challenges but Maintains Growth Outlook - 21 Oct, 2024
Jindal Stainless reported weak Q2FY25 performance with a decline in export volumes. Despite challenges, domestic demand remains strong. The target price is revised to Rs 814, maintaining an Accumulate rating.
Abhyuday Jindal Becomes ICC President, Promotes Sustainability - 19 Oct, 2024
Abhyuday Jindal, Managing Director of Jindal Stainless, has been appointed as the new President of the Indian Chamber of Commerce, aiming to promote sustainable practices and support India's goal of becoming a $35 trillion economy by 2047.
Insights on Jindal Stainless Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 10.77% to 10.86% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, JSL stock has moved up by 309.7%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 22.49% to 22.78% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 9.48K Cr → 9.82K Cr (in ₹), with an average increase of 3.5% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Jindal Steel & Power Ltd has given 32.2% return, outperforming this stock by 3.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 60.49% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 648.06 Cr → 611.31 Cr (in ₹), with an average decrease of 5.7% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.94% to 3.65% in Sep 2024 quarter
Jindal Stainless Ltd Financials
Index Inclusions
Jindal Stainless Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.49% | 0.00 | |
| Foreign Institutions | 22.78% | 1.30 | |
| Mutual Funds | 3.65% | ||
| Retail Investors | 10.86% | 0.82 | |
| Others | 2.22% |
Jindal Stainless Ltd Key Indicators
Jindal Stainless Ltd Valuation
Jindal Stainless Ltd in the last 5 years
Lowest (-73.53x)
December 29, 2020
Today (23.04x)
November 19, 2024
Industry (23.70x)
November 19, 2024
Highest (70.34x)
January 12, 2021
Jindal Stainless Ltd Earnings and Dividends
Jindal Stainless Ltd Earnings Results
Jindal Stainless Ltd’s net profit fell -21.05% since last year same period to ₹611.31Cr in the Q2 2024-2025. On a quarterly growth basis, Jindal Stainless Ltd has generated -5.67% fall in its net profits since last 3-months.
Read More about Earnings ResultsJindal Stainless Ltd Dividends May,2024
In the quarter ending March 2024, Jindal Stainless Ltd has declared dividend of ₹2 - translating a dividend yield of 0.66%.
Read More about Dividends
Jindal Stainless Ltd Technicals Summary
Bearish
Neutral
Bullish
Jindal Stainless Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Jindal Stainless Ltd
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Jindal Stainless Ltd (JSL) share price today is ₹655.35
Jindal Stainless Ltd is listed on NSE
Jindal Stainless Ltd is listed on BSE
- Today’s highest price of Jindal Stainless Ltd is ₹683.1.
- Today’s lowest price of Jindal Stainless Ltd is ₹653.8.
PE Ratio of Jindal Stainless Ltd is 23.04
PE ratio = Jindal Stainless Ltd Market price per share / Jindal Stainless Ltd Earnings per share
Today’s traded volume of Jindal Stainless Ltd(JSL) is 9.09L.
Today’s market capitalisation of Jindal Stainless Ltd(JSL) is ₹56487.61Cr.
| Jindal Stainless Ltd(JSL | Price |
|---|---|
52 Week High | ₹848 |
52 Week Low | ₹492.6 |
Jindal Stainless Ltd(JSL) share price is ₹655.35. It is down -22.72% from its 52 Week High price of ₹848
Jindal Stainless Ltd(JSL) share price is ₹655.35. It is up 33.04% from its 52 Week Low price of ₹492.6
| Jindal Stainless Ltd(JSL | Returns |
|---|---|
1 Day Returns | -30.65% |
1 Month Returns | -1.84% |
3 Month Returns | -7.78% |
1 Year Returns | 28.77% |