647.0500 -0.80 (-0.12%)
NSE May 28, 2025 15:31 PM
Volume: 607.2K
 

647.05
-0.12%
ICICI Securities Limited
Jindal Stainless (JSL)’s Q2FY24 performance lagged our estimates marginally, mainly due to lower-than-expected sales volume. Key points: 1) Exports volume was impacted by a subdued global (particularly European) market. 2) Profitability was also impacted by a transient lag between ferrochrome and chrome price movements.
Jindal Stainless Ltd. is trading above its 150 day SMA of 644.2
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