Jindal Stainless Ltd. News and Updates

Name: Latest research reports of Jindal Stainless Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Jindal Stainless Ltd.
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Author: Prabhudas Lilladhar

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Jindal Stainless Ltd.

27 Jan 2025

643.40

0.26%

Jindal Stainless seeks nil import duty on molybdenum ore, raw materials

Business Standard

Ahead of the Union budget, Jindal Stainless has pitched for bringing down to nil the import duties on critical raw materials such as molybdenum ore, and continuing with zero duties on pure nickel, ferro-nickel, stainless steel scrap and mild steel scrap. Union Finance Minister Nirmala Sitharaman will present the Budget in the Parliament on February 1. Molybdenum is used in alloys like ultra-strong steel which is resistant to corrosion and wear. The prevailing customs duty on molybdenum ore is five per cent. In a statement Jindal Stainless Managing Director Abhyuday Jindal said, "We recommend reducing import duties to zero on critical raw materials unavailable in India, such as molybdenum ore, and continuing with zero duties on pure nickel, ferro-nickel, stainless steel scrap, and mild steel scrap." In a bid to give a boost to the demand of stainless steel, Jindal said that the government should continue to prioritise infrastructure spending, with a strong focus on developing mobili

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

Jindal Stainless Ltd.

05 Nov 2024

643.40

0.26%

Jindal Stainless Get A 'Buy' As Anand Rathi Initiates Coverage

NDTV Profit

Fluctuations in nickel prices, more imports from China and other Asian countries, slowing domestic demand, are the key risk factors to the brokerages' call.

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

Jindal Stainless Ltd.

24 Oct 2024

643.40

0.26%

Jindal Stainless Q2 Results Review - Near Term Stress; Capex Completion To Drive Growth: Centrum

NDTV Profit

In medium to long term view, the brokerage believes the company's profitability to remain solid on account of commissioning of capacity expansion as well as forward integration.

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

Jindal Stainless Ltd.

18 Oct 2024

643.40

0.26%

Jindal Stainless: White Goods And Two-Wheelers To Outperform | NDTV Profit

NDTV Profit

Jindal Stainless Ltd. is trading below its 150 day SMA of 647.9

Jindal Stainless Ltd.

18 Oct 2024

643.40

0.26%