🔔 Regulatory Alert
Indian Steel Association, including Jindal Steel and Power, seeks safeguard duty on imports of Non-Alloy and Alloy Steel Flat Products into India.
Jindal Steel & Power Ltd Analyst Rating
based on 26 analysts
73.08%
Buy
11.54%
Hold
15.38%
Sell
Based on 26 analysts offering long term price targets for Jindal Steel & Power Ltd. An average target of ₹1072.85
Source: S&P Global Market Intelligence
Jindal Steel & Power Ltd Share analysis
Jindal Steel & Power Ltd price forecast by 26 analysts
Upside of16.31%
High
₹1300
Target
₹1072.85
Low
₹500
Jindal Steel & Power Ltd target price ₹1072.85, a slight upside of 16.31% compared to current price of ₹908.05. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Steel & Power Ltd revenue growth forecast
Expected growth rate Q1, FY2026:30.61%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Steel & Power Ltd EPS growth forecast
EPS estimate Q1, FY2026:35.33%
Forecast
Actual
Source: S&P Global Market Intelligence
Jindal Steel & Power Ltd Performance
Day's Low
Day's High
₹904Day's Price Range₹934.452 Week's Low
52 Week's High
₹685.0552-Week Price Range₹1,097
| Returns % | |
| 1 Month Return | + 5.88 % |
| 3 Month Return | -9.69 % |
| 1 Year Return | + 30.64 % |
| Market Stats | |
| Previous Close | ₹922.40 |
| Open | ₹925.00 |
| Volume | 11.00L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹95,016.11Cr |
Jindal Steel & Power Ltd Key Statistics
| P/E Ratio | 18.32 |
| PEG Ratio | 1.83 |
| Market Cap | ₹95,016.11 Cr |
| P/B Ratio | 1.87 |
| EPS | 59.29 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 12.26 |
Jindal Steel & Power Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹95,016.11 Cr | 96.91% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹49,487.82 Cr | 38% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| BUY | ₹41,669.50 Cr | 87.35% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| ₹2,05,075.86 Cr | 25.33% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹43,800.31 Cr | 166.96% | 0.54 | ₹732 Cr | ₹18,118 Cr |
About Jindal Steel & Power Ltd
JSPL is a leading manufacturer of steel products such as bars, plates, coils, and structural steel. It also produces a range of value-added products such as hot-rolled coils, cold-rolled coils, galvanized coils, and pre-painted galvanized coils. JSPL's popular steel brands include Jindal Panther, Jindal U-Tuf, and Jindal SAW. The company also produces and supplies electricity to over 4 million households in India.
JSPL also has a strong presence in the oil and gas exploration and production sector. It is one of the leading players in the Indian oil and gas sector and produces a variety of oil and gas products such as crude oil, natural gas, and petroleum products.
Share Price: ₹908.05 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹95,016.11Cr as of today
Revenue: ₹11,213.31Cr as on September 2024 (Q3 24)
Net Profit: ₹860.47Cr as on September 2024 (Q3 24)
Listing date: 22 Sep, 1999
Chairperson Name: Naveen Jindal
| Organisation | Jindal Steel & Power Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jindal Steel & Power Ltd
DGTR Investigates Steel Imports Impacting Jindal Steel - 20 Dec, 2024
The Directorate General of Trade Remedies has launched a safeguard investigation into steel imports following a petition from the Indian Steel Association, which includes Jindal Steel and Power. The investigation addresses concerns over significant import increases affecting the domestic industry.Interarch Partners with Jindal Steel for Urban Development - 18 Dec, 2024
Interarch Building Products has formed a strategic partnership with Jindal Steel & Power to promote steel in urban infrastructure, focusing on sustainability and efficiency. However, Jindal Steel shares experienced a decline of up to 2% earlier in the day.Jindal Steel & Power Shows Recovery Potential - 16 Dec, 2024
Jindal Steel & Power has broken above the key resistance level of Rs 980, indicating a potential upward trend. Analysts suggest accumulating the stock for targets of Rs 1,095-1,100.JSPL's Expansion Projects Boost Competitive Edge - 13 Dec, 2024
Jindal Steel & Power Ltd (JSPL) shares surged 15% due to strong demand for long steel and ongoing expansion projects, expected to enhance earnings growth. Despite challenges from imports, the company maintains a solid outlook with manageable debt levels and strategic initiatives to improve margins.Morgan Stanley Bullish on Jindal Steel's Growth - 12 Dec, 2024
Morgan Stanley has an overweight rating on Jindal Steel & Power Ltd, with a target price of Rs 1,200, highlighting strong capacity expansion and improved financials.Jindal Steel & Power Sees Positive Momentum - 10 Dec, 2024
Jindal Steel & Power is experiencing upward momentum with a BUY rating from Motilal Oswal, a significant rise in share price, and improved market conditions due to reduced steel imports.Jindal Steel Faces Rising Debt Concerns - 28 Nov, 2024
A CRISIL Ratings report indicates that net leverage for domestic primary steel makers, including Jindal Steel, will reach a five-year high of over 3x due to rising debt and impacted profitability from cheaper imports.
Insights on Jindal Steel & Power Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.33% to 12.60% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.19% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 13.65K Cr → 11.24K Cr (in ₹), with an average decrease of 17.6% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.02% to 9.76% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.34K Cr → 860.9 Cr (in ₹), with an average decrease of 35.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.63% to 12.19% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, JINDALSTEL stock has moved down by -6.9%
Jindal Steel & Power Ltd Financials
Index Inclusions
Jindal Steel & Power Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.19% | ||
| Foreign Institutions | 12.19% | ||
| Mutual Funds | 12.6% | 2.16 | |
| Retail Investors | 9.76% | ||
| Others | 4.27% | 11.78 |
Jindal Steel & Power Ltd Key Indicators
Jindal Steel & Power Ltd Valuation
Jindal Steel & Power Ltd in the last 5 years
Lowest (-230.65x)
October 1, 2018
Today (18.32x)
December 19, 2024
Industry (24.73x)
December 19, 2024
Highest (398.05x)
August 20, 2020
Jindal Steel & Power Ltd Earnings and Dividends
Jindal Steel & Power Ltd Earnings Results
Jindal Steel & Power Ltd’s net profit fell -37.97% since last year same period to ₹860.90Cr in the Q2 2024-2025. On a quarterly growth basis, Jindal Steel & Power Ltd has generated -35.76% fall in its net profits since last 3-months.
Read More about Earnings ResultsJindal Steel & Power Ltd Dividends May,2024
In the quarter ending March 2024, Jindal Steel & Power Ltd has declared dividend of ₹2 - translating a dividend yield of 0.44%.
Read More about Dividends
Jindal Steel & Power Ltd Technicals Summary
Bearish
Neutral
Bullish
Jindal Steel & Power Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Jindal Steel & Power Ltd (JINDALSTEL) share price today is ₹908.05
Jindal Steel & Power Ltd is listed on NSE
Jindal Steel & Power Ltd is listed on BSE
- Today’s highest price of Jindal Steel & Power Ltd is ₹934.4.
- Today’s lowest price of Jindal Steel & Power Ltd is ₹904.
PE Ratio of Jindal Steel & Power Ltd is 18.32
PE ratio = Jindal Steel & Power Ltd Market price per share / Jindal Steel & Power Ltd Earnings per share
Today’s traded volume of Jindal Steel & Power Ltd(JINDALSTEL) is 11.00L.
Today’s market capitalisation of Jindal Steel & Power Ltd(JINDALSTEL) is ₹95016.11Cr.
| Jindal Steel & Power Ltd(JINDALSTEL | Price |
|---|---|
52 Week High | ₹1097 |
52 Week Low | ₹685.05 |
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹908.05. It is down -17.22% from its 52 Week High price of ₹1097
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹908.05. It is up 32.55% from its 52 Week Low price of ₹685.05
| Jindal Steel & Power Ltd(JINDALSTEL | Returns |
|---|---|
1 Day Returns | -14.35% |
1 Month Returns | 5.88% |
3 Month Returns | -9.69% |
1 Year Returns | 30.64% |