657.2500 -13.80 (-2.06%)
NSE Jun 19, 2025 15:31 PM
Volume: 372.7K
 

657.25
-2.06%
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 below its 30 day SMA of 664.3
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