Jindal Steel 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. An average target of ₹1078.77
Source: S&P Global Market Intelligence
Jindal Steel Share analysis
Jindal Steel price forecast by 26 analysts
Upside of16.67%
High
₹1300
Target
₹1078.77
Low
₹490
Jindal Steel target price ₹1078.77, a slight upside of 16.67% compared to current price of ₹924.65. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Steel revenue growth forecast
Expected growth rate Q1, FY2027:53.25%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Steel EPS growth forecast
EPS estimate Q1, FY2027:76.81%
Forecast
Actual
Source: S&P Global Market Intelligence
Jindal Steel Performance
Day's Low
Day's High
₹912.6Day's Price Range₹930.952 Week's Low
52 Week's High
₹687.852-Week Price Range₹1,097
| Returns % | |
| 1 Month Return | -0.73 % |
| 3 Month Return | -4.13 % |
| 1 Year Return | + 28.48 % |
| Market Stats | |
| Previous Close | ₹917.85 |
| Open | ₹915.00 |
| Volume | 13.74L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹93,628.79Cr |
Jindal Steel Key Statistics
| P/E Ratio | 18.36 |
| PEG Ratio | 1.84 |
| Market Cap | ₹93,628.79 Cr |
| P/B Ratio | 1.87 |
| EPS | 59.29 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 12.26 |
Jindal Steel Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹93,628.79 Cr | 83.14% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹44,411.41 Cr | 22.88% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| BUY | ₹36,481.02 Cr | 69.07% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| ₹1,92,421.03 Cr | 22.23% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹42,983.00 Cr | 141.59% | 0.54 | ₹732 Cr | ₹18,118 Cr |
About Jindal Steel
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: ₹924.65 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹93,628.79Cr 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 |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jindal Steel & Power Ltd
Jindal Steel & Power Ltd Continues Upward Trend - 16 Jan, 2025
Jindal Steel & Power Ltd rose 1.28% today, marking its third consecutive session of gains. The stock is up 27.67% over the past year, outperforming both NIFTY and the Nifty Metal index. However, it has seen a decline of 3.11% in the last month.Jindal Steel & Power Wins State-Level Flower Exhibition - 13 Jan, 2025
Jindal Steel & Power (JSP) won 1st Prize at the State-Level Flower Exhibition-2025 in Bhubaneswar, showcasing exotic plants under the theme 'Pravashi Bharti'. This achievement reflects JSP's commitment to environmental sustainability and community engagement in Odisha.Jindal Steel Receives Offers for Acquisition - 11 Jan, 2025
Jindal Steel International is among three bidders for the entire business of an Italian steelmaker, alongside Baku Steel and Bedrock Industries. This indicates potential expansion opportunities for Jindal Steel.Jindal Steel Sees Significant Gains in BSE METAL - 06 Jan, 2025
On January 6, 2025, Jindal Steel & Power Ltd was noted as a top gainer in the BSE METAL index, rising 24.9%. This reflects positive market sentiment towards the company amidst broader industry developments.Jindal Steel Positioned for Stronger Margins - 03 Jan, 2025
Jindal Steel and Power Ltd (JSPL) is expected to outperform competitors in margins due to its product mix, with an estimated EBITDA of Rs 12,562 per tonne for FY25.Nuvama Upgrades Target for Jindal Steel & Power - 31 Dec, 2024
Nuvama has reiterated its buy rating on Jindal Steel & Power, raising the target price to ₹1,292, citing potential volume growth and government capex push. Despite lowering EBITDA estimates for FY25 and FY26, the outlook remains positive.Jindal Steel & Power Gains on Positive Outlook - 23 Dec, 2024
Jindal Steel & Power (JSPL) received a Buy rating from Antique with a target of ₹1,183, driven by strong expansion plans and favorable market conditions. The stock surged due to an investigation into steel imports, enhancing demand and investor sentiment. Overall, JSPL's financial health and growth trajectory remain promising.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.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 12.60% to 13.38% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Lloyds Metals & Energy Ltd has given 1015.9% return, outperforming this stock by 906.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.19% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Lloyds Metals & Energy Ltd has given 138.3% return, outperforming this stock by 119.0%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 9.76% to 9.75% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, JINDALSTEL stock has moved down by -13.1%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.19% to 10.99% in Dec 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
Revenue 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
Jindal Steel Financials
Index Inclusions
Jindal Steel Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.19% | 0.00 | |
| Foreign Institutions | 10.99% | ||
| Mutual Funds | 13.38% | 6.26 | |
| Retail Investors | 9.75% | ||
| Others | 4.69% | 9.77 |
Jindal Steel Key Indicators
Jindal Steel Valuation
Jindal Steel in the last 5 years
Lowest (-230.65x)
October 1, 2018
Today (18.36x)
January 17, 2025
Industry (22.82x)
January 17, 2025
Highest (398.05x)
August 20, 2020
Jindal Steel 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 0.43%.
Read More about Dividends
Jindal Steel Technicals Summary
Bearish
Neutral
Bullish
Jindal Steel & Power Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Jindal Steel & Power Ltd
Jindal Steel & Power Ltd share price today stands at ₹924.65, Open. ₹915 ; Previous Close. ₹917.85 ; High. ₹930.9 ; Low. ₹912.6 ; 52 Week High. ₹1097 ; 52 Week Low: ₹687.8.
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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 ₹930.9.
- Today’s lowest price of Jindal Steel & Power Ltd is ₹912.6.
PE Ratio of Jindal Steel & Power Ltd is 18.36
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 13.74L.
Today’s market capitalisation of Jindal Steel & Power Ltd(JINDALSTEL) is ₹93628.79Cr.
| Jindal Steel & Power Ltd(JINDALSTEL | Price |
|---|---|
52 Week High | ₹1097 |
52 Week Low | ₹687.8 |
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹924.65. It is down -15.71% from its 52 Week High price of ₹1097
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹924.65. It is up 34.44% from its 52 Week Low price of ₹687.8
| Jindal Steel & Power Ltd(JINDALSTEL | Returns |
|---|---|
1 Day Returns | 6.8% |
1 Month Returns | -0.73% |
3 Month Returns | -4.13% |
1 Year Returns | 28.48% |