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Jindal Stainless Ltd share price logo

JSL Share Price

(JSL)

₹634.351.43%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

JSL Analyst Rating

based on 10 analysts

BUY

90.00%

Buy

10.00%

Hold

0.00%

Sell

Based on 10 analysts offering long term price targets for JSL. An average target of ₹870.1

Source: S&P Global Market Intelligence

JSL Share analysis

JSL price forecast by 10 analysts

Upside of37.16%

High

₹1000

Target

₹870.10

Low

₹756

JSL target price ₹870.1, a slight upside of 37.16% compared to current price of ₹634.35. According to 10 analysts rating.

Source: S&P Global Market Intelligence

JSL Performance

  • Day's Low

    Day's High

    ₹620.6
    Day's Price Range
    ₹638
  • 52 Week's Low

    52 Week's High

    ₹513.5
    52-Week Price Range
    ₹848
1 Month Return-14.16 %
3 Month Return-14.62 %
1 Year Return+ 11.82 %
Previous Close₹625.40
Open₹623.00
Volume3.90L
Upper Circuit-
Lower Circuit-
Market Cap₹51,518.55Cr

JSL Key Statistics

P/E Ratio21.3
PEG Ratio-5.3
Market Cap₹51,518.55 Cr
P/B Ratio4.17
EPS32.71
Dividend Yield0.43
SectorSteel
ROE20.12

JSL Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹51,518.55 Cr273%0.62₹2,693 Cr₹38,562 Cr
NA₹22,367.27 Cr88.04%0.60₹295 Cr₹1,717 Cr
BUY₹21,373.13 Cr20.99%0.51₹1,029 Cr₹13,195 Cr
BUY₹7,298.00 Cr23.8%0.52₹248 Cr₹1,038 Cr
BUY₹21,106.45 Cr54.39%0.51₹625 Cr₹5,059 Cr

About JSL

Jindal Stainless Limited, formerly known as Jindal Ceramics Limited, is India's leading stainless steel producing company. It has integrated melting capacities up to 3.2 MTPA and manufactures and sells a broad range of stainless steel flat products. Jindal Stainless operations span across four Indian states and multiple international markets. It has acquired an Indonesian subsidiary, PT Maspion Stainless Steel in 2004 and has entered technical assistance with Nisshin Company Ltd, Japan in 2005. The company also reorganized its business of Jindal Strips Limited, as well as amalgamating two businesses, Austenitic Creations Pvt. Ltd and Jinox Creations Ltd. In 2012 it joined the Corporate Debt Restructuring mechanism and raised Rs. 1000 Cr in 2014. Through the Asset Monetization cum Business Reorganisation Plan of 2015, the company reduced debt by Rs.2600 Cr and Rs.2355 Cr from JUSL and Rs.490 Cr from JCL. Further, in 2017 it allotted 60570320 equity shares and 142830637 Optionally Convertible Redeemable Preference Shares on conversion of Funded Interest Term Loan I and Funded Interest Term Loan II amounting to Rs.2368299512 and Rs.5584677906.70 respectively. As of March 2021, it had 5 direct subsidiaries, and it has developed specialized grades for many new applications, such as Armour and ballistic applications along with nuclear submarine metro and railways, and automobile.

Share Price: ₹634.35 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹51,518.55Cr 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
OrganisationJSL
HeadquartersNew Delhi
IndustrySteel
E-voting on sharesClick here to vote

Key events for Jindal Stainless Ltd

  • Jindal Stainless Upgraded to 'Buy' by Nuvama - 14 Jan, 2025

    Jindal Stainless shares surged 4% following Nuvama's upgrade to 'Buy' and a target price increase to ₹836, citing long-term growth potential despite recent challenges.
  • Jindal Stainless Grants Stock Options to Employees - 31 Dec, 2024

    Jindal Stainless Ltd has granted 12,42,736 stock options under its Employee Stock Option scheme to recognize employee performance and attract talent. The options will vest over four years and are aimed at empowering employees and creating value for stakeholders.
  • Jindal Stainless Experiences Gains and Subsequent Decline - 30 Dec, 2024

    Jindal Stainless Ltd initially rose for five consecutive sessions, up 28.38% year-over-year. However, on December 30, 2024, it faced a 3.54% decline, underperforming its sector.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.77% to 10.86% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 9.48K Cr → 9.82K Cr (in ₹), with an average increase of 3.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 22.49% to 22.78% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Lloyds Metals & Energy Ltd has given 1015.9% return, outperforming this stock by 820.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.49% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Lloyds Metals & Energy Ltd has given 138.3% return, outperforming this stock by 135.5%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, JSL stock has moved down by -19.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 648.06 Cr → 611.31 Cr (in ₹), with an average decrease of 5.7% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.94% to 3.65% in Sep 2024 quarter

JSL Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹9,797.04Cr (-)₹9,127.45Cr (↓6.83%)₹9,454.02Cr (↑3.58%)₹9,429.76Cr (↓0.26%)₹9,776.83Cr (↑3.68%)
Net Income₹764.03Cr (-)₹691.22Cr (↓9.53%)₹500.65Cr (↓27.57%)₹646.07Cr (↑29.05%)₹609.42Cr (↓5.67%)
Net Profit Margin7.80% (-)7.57% (↓2.95%)5.30% (↓29.99%)6.85% (↑29.25%)6.23% (↓9.05%)
Value in ₹ crore
Details2021202220232024
Total Assets₹11,037.67Cr (-)₹21,423.21Cr (↑94.09%)₹26,190.32Cr (↑22.25%)₹27,600.09Cr (↑5.38%)
Total Liabilities₹7,884.89Cr (-)₹11,976.83Cr (↑51.90%)₹14,733.43Cr (↑23.02%)₹13,900.10Cr (↓5.66%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,123.04Cr (-)₹1,294.61Cr (↑15.28%)₹1,111.24Cr (↓14.16%)₹2,833.58Cr (↑154.99%)₹3,683.24Cr (↑29.99%)

Index Inclusions

BSE 200

₹10,639.68

-0.17 (-18.25%)

S&P BSE Commodities

₹7,019.99

0.56 (39.32%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

Nifty Midcap 150

₹20,195.90

0.12 (23.25%)

S&P BSE 150 MidCap

₹15,138.10

0.09 (13.37%)

Nifty LargeMidcap 250

₹15,180.20

-0.07 (-10.05%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE Metal

₹28,706.91

1.54 (435.14%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

Nifty Metal

₹8,521.70

1.18 (99.7%)

S&P BSE 250 LargeMidCap

₹10,088.08

-0.17 (-17.11%)

BSE Mid-Cap

₹43,761.23

0.04 (17.54%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

JSL Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.49%
0.00
Foreign Institutions
22.78%
1.30
Mutual Funds
3.65%
-7.38
Retail Investors
10.86%
0.82
Others
2.22%
-3.88

JSL Key Indicators

Details20202021202220232024
Earning Per Share (₹)1.498.6159.1725.3132.71
Details20202021202220232024
Return On Equity %5.9612.6344.2919.2720.12
Details20202021202220232024
Return On Assets %0.643.814.378.079.83
Details20202021202220232024
Book Value Per Share (₹)55.7764.68131.25144.89174.36

JSL Valuation

JSL in the last 5 years

  • Overview

  • Trends

Lowest (-73.53x)

December 29, 2020

Today (21.30x)

January 17, 2025

Industry (22.82x)

January 17, 2025

Highest (70.34x)

January 12, 2021

LowHigh

JSL 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 Results
  • Jindal Stainless Ltd Dividends May,2024

    In the quarter ending March 2024, Jindal Stainless Ltd has declared dividend of ₹2 - translating a dividend yield of 0.71%.

    Read More about Dividends

JSL Technicals Summary

Bearish

Neutral

Bullish

Bearish

Jindal Stainless Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Jindal Stainless Ltd

Jindal Stainless Ltd share price today stands at ₹634.35, Open. ₹623 ; Previous Close. ₹625.4 ; High. ₹638 ; Low. ₹620.6 ; 52 Week High. ₹848 ; 52 Week Low: ₹513.5.

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Jindal Stainless Ltd is listed on NSE

Jindal Stainless Ltd is listed on BSE

  • Today’s highest price of Jindal Stainless Ltd is ₹638.
  • Today’s lowest price of Jindal Stainless Ltd is ₹620.6.

PE Ratio of Jindal Stainless Ltd is 21.3

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 3.90L.

Today’s market capitalisation of Jindal Stainless Ltd(JSL) is ₹51518.55Cr.

Jindal Stainless Ltd(JSLPrice
52 Week High
₹848
52 Week Low
₹513.5

Jindal Stainless Ltd(JSL) share price is ₹634.35. It is down -25.19% from its 52 Week High price of ₹848

Jindal Stainless Ltd(JSL) share price is ₹634.35. It is up 23.53% from its 52 Week Low price of ₹513.5

Jindal Stainless Ltd(JSLReturns
1 Day Returns
8.95%
1 Month Returns
-14.16%
3 Month Returns
-14.62%
1 Year Returns
11.82%