663.9000 20.85 (3.24%)
NSE Jun 03, 2025 15:59 PM
Volume: 1.2M
 

663.90
3.24%
Prabhudas Lilladhar
Jindal Stainless (JDSL) reported largely in-line standalone operating performance in Q4FY25 led by strong volume growth. Volumes grew 13% YoY to 643kt led by strong 17% YoY domestic volume growth led by infra, metro and railways sector. Exports volume continued to remain weak and contributed ~8% to total volumes however mgmt. is seeing good traction in key quality conscious markets of EU and US in near to medium term. Average realization declined 2% QoQ as domestic pricing came under pressure post US tariff talks amid continued cheap imports from Vietnam & China. Mgmt. indicated SS...
Jindal Stainless Ltd. has an average target of 719.00 from 2 brokers.
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