Jindal Stainless Ltd. News and Updates

Name: Latest research reports of Jindal Stainless Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Jindal Stainless Ltd.
Rating: 5
Author: ICICI Securities Limited

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

Load latest

Jindal Stainless Ltd.

25 Mar 2025

660.35

-0.41%

'Buy' Jindal Stainless Maintains ICICI Securities But Lowers Target Price Here's Why

NDTV Profit

On the RoE front, while the Jindal Stainless stock is likely to clock better returns compared to peers, the valuation gap compared to carbon steel players has narrowed, says ICICI Securities.

Number of FII/FPI investors decreased from 592 to 586 in Mar 2025 qtr

Jindal Stainless shares slip 5%; stock nears 52-week low in firm market

Business Standard | 24 Mar 2025 2 more

Jindal Stainless Ltd.

25 Mar 2025

660.35

-0.41%

Long-term prospects remain intact

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Despite relatively stable profitability, Jindal Stainless (JSL) has underperformed its carbon steel players over the past 12 months, primarily due to the concerns on earnings growth.

Jindal Stainless Ltd. has an average target of 787.00 from 2 brokers.

Jindal Stainless Ltd.

21 Mar 2025

660.35

-0.41%

Jindal Stainless Group CFO Anurag Mantri Resigns

NDTV Profit

JSL is India's largest stainless steel producing company.

Jindal Stainless Ltd. is trading above its 150 day SMA of 649.3

Jindal Stainless Ltd.

11 Mar 2025

660.35

-0.41%

Jindal Stainless investing Rs 700 crore on decarbonisation projects

Business Standard

Jindal Stainless Ltd (JSL) on Tuesday said the company is in the process of investing Rs 700 crore in decarbonisation projects to achieve its net-zero goals by 2050. The investments will continue over next five years to set up various environment-friendly projects, which include renewable energy, green hydrogen, biodiversity conservation, waste management and adoption of carbon capture technologies, JSL said in a statement. "By investing Rs 700 crore in decarbonisation projects over the next five years...aim is to achieve financial and environmental goals, significantly reducing GHG emissions and carbon intensity by 50 per cent by FY35, and accomplishing net-zero emissions by 2050," the company said. JSL also said that it launched a task force on nature-related financial disclosure (TNFD) report aims to identify, assess, and mitigate nature-related risks while capitalising on opportunities to ensure business resilience and environmental stewardship. TNFD framework focuses on the fo

Jindal Stainless Ltd. is trading below its 200 day SMA of 671.3

Jindal Stainless To Invest Rs 700 Crore On Decarbonisation Projects

NDTV Profit | 11 Mar 2025

Jindal Stainless Ltd.

06 Mar 2025

660.35

-0.41%

Jindal Stainless Exits Jindal Coke, Sells 26% Stake For Rs 195 Crore

NDTV Profit

JSL's board of directors had approved the divestment in principle on Jan. 18, 2024.

Jindal Stainless Ltd. has gained 13.93% in the last 1 Week

Jindal Stainless Ltd.

28 Feb 2025

660.35

-0.41%

Jindal Stainless Shares Slip After Acquisition Of AGH Dreams And Utkrisht Dream Ventures

NDTV Profit

Jindal Stainless acquired 100% stake in AGH Dreams Pvt., and Utkrisht Dream Ventures Pvt., each for an aggregate consideration of Rs 1 lakh.

Jindal Stainless Ltd. has gained 17.62% in the last 1 Month

Jindal Stainless Ltd.

13 Feb 2025

660.35

-0.41%

Fearing dumping of stainless steel, JSL MD presses for 25% imports duty

Business Standard

Jindal Stainless' managing director Abhyuday Jindal on Thursday pressed for a duty of up to 25 per cent for imports to protect domestic manufacturers against a possible dumping of goods into the country. US President Donald Trump's decision to impose a 25 per cent import tax on steel and aluminum will be beneficial for the domestic industry, he said, explaining that such a tariff has been slapped on India since Trump's first term and the latest move will create a level playing field. However, the US move may lead to products from across the world reaching India, which continues to be a growing market, he said. "If other markets are all getting closed, then they will come to India because India is growing. There is only a basic 7.5 per cent customs duty which is not enough," Jindal told reporters on the sidelines of an event here. "We need some kind of support from the government, some kind of protection, some support to Indian manufacturers needs to be given," he added. The indust