Jindal Steel & Power Ltd. News and Updates

Name: Latest research reports of Jindal Steel & Power Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Jindal Steel & Power Ltd.
Rating: 5
Author: Motilal Oswal

Keep track of all breaking news on Jindal Steel & Power Ltd. from all sources in a single place.

Jindal Steel & Power Ltd.

12 Mar 2025

889.70

-1.48%

2.73 to 307: Multibagger penny stock turns 1 lakh to 3.32 crore in 22 years

livemint

Jindal Steel and Power share price opened in red on Wednesday's trading session amid weak market sentiments. At 11:45 am, the stock touched an intraday low at 882.05 per share on NSE.

Jindal Steel & Power.. has an average target of 1055.17 from 6 brokers.

Jindal Steel & Power Ltd.

05 Mar 2025

889.70

-1.48%

Jindal Steel share price edges higher as promoter raises stake in metal and power company

livemint

Jindal Steel & Power stock price has gained 7% in one year, while it has rallied 50% in two years. JSPL shares have delivered multibagger returns of 472% in five years.

Promoters unpledged 0.34% of shares in last quarter. Total pledge stands at 12.77% of promoter holdings

Jindal Steel & Power Ltd.

20 Feb 2025

889.70

-1.48%

Jindal Steel and Power share price edge higher as promoters raise stake in metal company

livemint

Stock Market Today: Jindal Steel and Power share price edged higher in the morning trades on Thursday as the promoters raised stake in the metal company. As this instills investor confidence amidst fluctuating steel prices, analysts are also positive on long-term growth prospects for the company.

Number of FII/FPI investors decreased from 557 to 548 in Dec 2024 qtr

Jindal Steel & Power Ltd.

16 Feb 2025

889.70

-1.48%

Indian steel market may see dumping due to US tariffs: JSPL chairman

Business Line

Indian steel makers have been consistently raising the issue of dumping of steel into Indian market from select group of countries which has impacted their competitiveness

Jindal Steel & Power.. has an average target of 1055.17 from 6 brokers.

Indian steel market may see dumping due to US tariffs: JSPL chairman Jindal

Business Standard | 15 Feb 2025

Jindal Steel & Power Ltd.

04 Feb 2025

889.70

-1.48%

Jindal Steel and Power, 2 other companies win coal gasification incentive

Business Standard

The ministry announced the selected applicants under Category-II of the Financial Incentive Scheme

Jindal Steel & Power Ltd. is trading below its 100 day SMA of 898.9

Jindal Steel & Power Ltd.

31 Jan 2025

889.70

-1.48%

Jindal Steel shares slump 6% as Q3 profit drops 51%

Business Line

The steel manufacturer's consolidated gross revenue remained flat at 13,707 crore compared to 13,698 crore in the same quarter last year

Number of FII/FPI investors decreased from 557 to 548 in Dec 2024 qtr

Jindal Steel & Power Shares Tumble 14% Here's What Triggered The Fall

NDTV Profit | 31 Jan 2025 5 more

Jindal Steel & Power Ltd.

30 Jan 2025

889.70

-1.48%

3Q result hit by weak volumes; new capex plans announced

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

3QFY25 revenue stood at INR118b (flat YoY/+5% QoQ), below our estimate of INR134b, due to lower-than-expected sales volumes. Sales volume came in at 1.9mt (+5% YoY/+3% QoQ) vs. our est. of 2.18mt.

Promoters unpledged 0.34% of shares in last quarter. Total pledge stands at 12.77% of promoter holdings

Jindal Steel & Power Ltd.

28 Jan 2025

889.70

-1.48%

Jindal Steel and Power to invest an additional Rs 70,000 crore in Odisha

Business Standard

Jindal Steel & Power on Tuesday said it will invest an additional Rs 70,000 crore in Odisha in the coming years. The announcement was made by the company's Chairman Naveen Jindal during the Utkarsh Odisha-Make In Odisha Conclave' here. Our vision is to make Odisha a global industrial leader, while improving the quality of life for its people consistently. This additional Rs 70,000-crore investment will not only drive industrial growth, but also uplift the quality of life of thousands of families in Odisha, Jindal said. He also said the company was exploring the possibility of setting up a steel plant in Keonjhar district to fulfill the vision of Chief Minister Mohan Charan Majhi, he said. Jindal Steel & Power operates India's first coal gasification plant for steel production in Angul, with focus on reducing dependence on imported coking coal. The company's Angul plant, currently at 6-MTPA capacity, will double to 12 MTPA this year and is set to reach 25.2 MTPA by 2030,...

Jindal Steel & Power Ltd. is trading above its 50 day SMA of 873.6

Jindal Steel & Power Ltd.

13 Jan 2025, 02:27PM

889.70

-1.48%

Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks

livemint

JSPL and Hindalco are favoured among domestic metal firms as they navigate global price volatility in FY25. While JSPL performs well with long steel products, Hindalco faces headwinds from declining aluminium prices, though it remains a strong long-term investment option.