NSE: JINDALSTEL | BSE: 532286

Mid-range Performer

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911.30 2.50 (0.28%)

25.98% Gain from 52W Low

143.5K NSE+BSE Volume

NSE 26 Mar, 2025 9:35 AM (IST)

92,960.6

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

Jindal Steel & Power Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JINDALSTEL, BSE:532286 Jindal Steel & Power Ltd.

Jindal Steel & Power Ltd.

06 Dec 2021

911.30

0.28%

Cautious near-term demand, but pent-up demand inevitable

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

Near-term demand is tepid and demand decline is seen (especially last month) due to (a) the ban on construction in the NCR region due to severe pollution levels, (b) an extended monsoon, (c) weak sentiment in the international market consumers are adopting the wait-and-watch policy, and (d) sufficient inventory lying with traders, who, in a falling market, would try and liquidate rather than accumulate....

Jindal Steel & Power Ltd. is trading below its 150 day SMA of 925.9

Jindal Steel & Power Ltd.

03 Nov 2021

911.30

0.28%

Q2FY22 Result Update - Margins in line; Strong show on debt reduction - BUY

Buy: Jindal Steel & Power Ltd.

Target

Prabhudas Lilladhar

Coking coal cost would increase by US$50/t QoQ in Q3FY22 Jindal steel & Power (JSP) reported Q2FY22 EBITDA in line with our estimates; above consensus estimates by 4%. EBITDA margins came in line...

Number of FII/FPI investors decreased from 557 to 548 in Dec 2024 qtr

Jindal Steel & Power Ltd.

03 Nov 2021

911.30

0.28%

Jindal Steel & Power: Q2FY22 Result Review

Buy: Jindal Steel & Power Ltd.

Target

IDBI Capital

Jindal Steel & Power (JSPL) Q2FY22 EBITDA was in line with our forecast. Its EBITDA was flat QoQ (despite domestic sales volumes increasing by 32% QoQ to 2.1 mn tonnes) on fall in pellet realizations and sharp increase in prices of coking coal. The company's volumes jumped QoQ despite sluggish demand in the domestic market as it stepped up exports. Importantly, JSPL's net debt fell by Rs41 bn QoQ to Rs112 bn and it aims to become net debt free company by FY23. Lastly, Jindal Power divestment is approved by...

Jindal Steel & Power.. has an average target of 1055.17 from 6 brokers.

Jindal Steel & Power Ltd.

11 Aug 2021

911.30

0.28%

Q1FY22 Result Update - Beat on margins; Underperformance, valuations and fall in iron ore drives upgrade - BUY

Buy: Jindal Steel & Power Ltd.

Recommendation

Prabhudas Lilladhar

Zero cost iron ore inventory fully exhausted in the quarter Jindal steel & Power (JSP) reported Q1FY22 EBITDA above our/consensus estimates by 7%. The beat was primarily on count of higher realisations....

Promoters unpledged 0.34% of shares in last quarter. Total pledge stands at 12.77% of promoter holdings

Jindal Steel & Power Ltd.

11 Aug 2021

911.30

0.28%

Q1FY22 Result Review : Jindal Steel & Power

Buy: Jindal Steel & Power Ltd.

Target

IDBI Capital

Jindal Steel & Power (JSPL) reported lower than expected Q1FY22 EBIDTA on weaker than expected sales volumes. Its standalone EBITDA decreased 7% QoQ to Rs45 bn as its volumes fell 16% to 1.6 mn tonnes. Exports contributed 34% to its sales in 1QFY22 compared to 27% in Q1FY21 as lockdown affected domestic demand. Nevertheless, its...

Number of FII/FPI investors decreased from 557 to 548 in Dec 2024 qtr

Jindal Steel & Power Ltd.

14 May 2021

911.30

0.28%

Jindal Steel & Power: Q4FY21 Result Review

Buy: Jindal Steel & Power Ltd.

Target

IDBI Capital

Jindal Steel & Power (JSPL) Q4FY21 profitability was a beat. It reported highest ever consolidated EBITDA of Rs53 bn (+153% YoY) mainly driven by higher realizations and operating efficiencies. Its net debt fell by Rs35 bn QoQ to Rs138 bn. Importantly, JSPL announced its intention to double its steel capacity at Angul from 6 mtpa to 12 mtpa...

Jindal Steel & Power Ltd. is trading below its 150 day SMA of 925.9

Jindal Steel & Power Ltd.

14 May 2021

911.30

0.28%

Deleveraging to continue on strong earnings

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

It has announced an INR180b capex at Angul to expand its Steel capacity by 85% to 15.9mtpa by FY25, at a very competitive cost of ~USD390/t. With the proposed sale of Jindal Power (JPL), JSP would become a pure play Indian Steel company, which should also aid in better value discovery as the Steel business is still under-valued at 4.1x FY23E EV/EBITDA. We raise our FY22E/FY23E EBITDA by 15%/11% to factor in strong Steel prices. Despite the announced capex, we expect net debt to fall further to INR126b (excluding the ~INR50b net debt reduction from the Power...

Promoters unpledged 0.34% of shares in last quarter. Total pledge stands at 12.77% of promoter holdings

Jindal Steel & Power Ltd.

14 May 2021

911.30

0.28%

Deleveraging to continue on strong earnings

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

Number of FII/FPI investors decreased from 557 to 548 in Dec 2024 qtr

Jindal Steel & Power Ltd.

29 Apr 2021

911.30

0.28%

Event Update - Divestment of JPL in right direction but issues on funding remains - Downgrade to 'ACCUMULATE'

Accumulate: Jindal Steel & Power Ltd.

Recommendation Target

Prabhudas Lilladhar

comes at Rs92bn (Rs27mn/MW), considering present value of preference shares of Rs70.5bn (redeemable after 20 years) at Rs40.5bn, debt transfer of Rs21bn and equity component of Rs30.2bn. Valuation is broadly in line with our estimate. We believe that funding of equity component would be a concern in near term, as it could increase pledging of shares by promoter and may add unwanted risk to the stock. We remain positive on steel sector given the structural supply restrictions in China and improved demand. However, due to limited upside potential, we downgrade JSP to Accumulate with TP of...

Jindal Steel & Power Ltd. is trading below its 150 day SMA of 925.9

Jindal Steel & Power Ltd.

27 Jan 2021

911.30

0.28%

Sector Update | Steel | Time to SELL

Sell: Jindal Steel & Power Ltd.

Edelweiss

We have taken a non-consensus call on the steel industry and recommend SELL on all Indian steel players with more than 25% downside from current levels.

Promoters unpledged 0.34% of shares in last quarter. Total pledge stands at 12.77% of promoter holdings

No results found

Is Jindal Steel & Power Ltd. worth buying?

504 Votes:

Buy 75.79%

Sell 16.87%

Hold 7.34%

RESEARCH REPORTS

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