Jindal Steel Ltd.

NSE: JINDALSTEL | BSE: 532286 | ISIN: INE749A01030 | Industry: Iron & Steel/Interm.Products
| Momentum Trap
1010.3000 -3.30 (-0.33%)
NSE Jan 09, 2026 15:31 PM
Volume: 994.4K
 

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Jindal Steel Ltd.
30 Oct 2025
1010.30
-0.33%
ICICI Direct
About the stock: Jindal Steel (JSL) is one of India's leading steel producers, having Higher volumes and domestic steel price stability to support profitability: In Q2FY26, JSL's EBITDA/ton fell to ~11k (vs 15.8k in Q1FY26), mainly due to higher operating costs of ~250 crore from planned maintenance and metallic purchases. While domestic steel prices are currently down 23% QoQ, management expects an improvement in NovDec'25. With higher volumes and potential price recovery, margins are likely to sustain, with EBITDA/ton projected at 12.9k/14k for...
Jindal Steel Ltd. is trading below its 30 day SMA of 1023.4
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