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Jindal Stainless Ltd share price logo

Jindal Stainless Ltd

(JSL)

₹719.82.62%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Jindal Stainless Ltd 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 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 of17.64%

High

₹1000

Target

₹869.60

Low

₹756

Jindal Stainless Ltd target price ₹869.6, a slight upside of 17.64% compared to current price of ₹719.8. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Jindal Stainless Ltd Performance

  • Day's Low

    Day's High

    ₹716.6
    Day's Price Range
    ₹746.9
  • 52 Week's Low

    52 Week's High

    ₹504.35
    52-Week Price Range
    ₹848
1 Month Return+ 12.79 %
3 Month Return-4.3 %
1 Year Return+ 37.14 %
Previous Close₹739.20
Open₹745.95
Volume7.68L
Upper Circuit-
Lower Circuit-
Market Cap₹60,876.57Cr

Jindal Stainless Ltd Key Statistics

P/E Ratio24.82
PEG Ratio-6.17
Market Cap₹60,876.57 Cr
P/B Ratio4.17
EPS32.71
Dividend Yield0.43
SectorSteel
ROE20.12

Jindal Stainless Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹60,876.57 Cr364.5%0.62₹2,693 Cr₹38,562 Cr
NA₹27,168.54 Cr123.78%0.60₹295 Cr₹1,717 Cr
BUY₹22,119.80 Cr22.49%0.51₹1,029 Cr₹13,195 Cr
BUY₹7,276.63 Cr29.17%0.52₹248 Cr₹1,038 Cr
BUY₹23,607.34 Cr77.64%0.51₹625 Cr₹5,059 Cr

About Jindal Stainless Ltd

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: ₹719.80 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹60,876.57Cr 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
OrganisationJindal Stainless Ltd
HeadquartersNew Delhi
IndustrySteel
E-voting on sharesClick here to vote

Key events for Jindal Stainless Ltd

  • Jindal Stainless Dominates Razor Blade Steel Market - 05 Dec, 2024

    Jindal Stainless Ltd is recognized as the largest manufacturer of specialized stainless steel for razor blades, supplying significant quantities to Procter & Gamble. Their steel is estimated to be 20-25% cheaper than competitors, giving them a competitive edge in the market.
  • 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.

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

    FII Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • 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

    Best in 1 Year

    img

    In the last 1 year, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, JSL stock has moved up by 315.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • 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

Jindal Stainless Ltd 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

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

S&P BSE Metal

₹29,624.43

-1.73 (-522.96%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty Alpha 50

₹56,427.75

-2.86 (-1661.65%)

BSE Mid-Cap

₹46,226.50

-2.43 (-1152.75%)

Nifty Metal

₹8,813.25

-1.83 (-163.95%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE Commodities

₹7,274.13

-1.88 (-139.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Jindal Stainless Ltd 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

Jindal Stainless Ltd Key Indicators

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
Details20202021202220232024
Earning Per Share (₹)1.498.6159.1725.3132.71

Jindal Stainless Ltd Valuation

Jindal Stainless Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-73.53x)

December 29, 2020

Industry (24.73x)

December 19, 2024

Today (24.82x)

December 19, 2024

Highest (70.34x)

January 12, 2021

LowHigh

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 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 0.63%.

    Read More about Dividends

Jindal Stainless Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Jindal Stainless Ltd (JSL) share price today is ₹719.8

Jindal Stainless Ltd is listed on NSE

Jindal Stainless Ltd is listed on BSE

  • Today’s highest price of Jindal Stainless Ltd is ₹746.9.
  • Today’s lowest price of Jindal Stainless Ltd is ₹716.6.

PE Ratio of Jindal Stainless Ltd is 24.82

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 7.68L.

Today’s market capitalisation of Jindal Stainless Ltd(JSL) is ₹60876.57Cr.

Jindal Stainless Ltd(JSLPrice
52 Week High
₹848
52 Week Low
₹504.35

Jindal Stainless Ltd(JSL) share price is ₹719.8. It is down -15.12% from its 52 Week High price of ₹848

Jindal Stainless Ltd(JSL) share price is ₹719.8. It is up 42.72% from its 52 Week Low price of ₹504.35

Jindal Stainless Ltd(JSLReturns
1 Day Returns
-19.4%
1 Month Returns
12.79%
3 Month Returns
-4.3%
1 Year Returns
37.14%