NSE: JINDALSTEL | BSE: 532286

Turnaround Potential

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938.40 -6.15 (-0.65%)

29.73% Gain from 52W Low

1.7M NSE+BSE Volume

NSE 11 Jul, 2025 3:31 PM (IST)

95,725.1

Market Cap

High in industry

1.2

Beta 1Year

High 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.

01 Feb 2024

938.40

-0.65%

Jindal Steel & Power | Q3FY24 Result Review

Hold: Jindal Steel & Power Ltd.

Recommendation Target

IDBI Capital

Jindal Steel & Power Ltd. is trading below its 30 day SMA of 938.8

Jindal Steel & Power Ltd.

01 Nov 2023

938.40

-0.65%

Pressing the capex pedal

Buy: Jindal Steel & Power Ltd.

Target

ICICI Securities Limited

Jindal Steel & Power (JSPL)’s performance missed our estimates, but was in line with consensus. Key points: 1) Sales volume was aided by opportunistic export sales. 2) EBITDA/te was impacted by negative price-cost spread. 3) Angul-II capex plan until FY27 raised to INR 310bn (earlier INR240 bn).

Jindal Steel & Power Ltd. is trading below its 30 day SMA of 938.8

Jindal Steel & Power Ltd.

31 Oct 2023

938.40

-0.65%

JINDAL STEEL & POWER

Buy: Jindal Steel & Power Ltd.

Target

Prabhudas Lilladhar

Jindal Steel & Power Ltd. is trading below its 30 day SMA of 938.8

Jindal Steel & Power Ltd.

13 Aug 2023, 12:00AM

938.40

-0.65%

Capacity expansion has been slightly delayed; enablers gathering steam

Buy: Jindal Steel & Power Ltd.

Target

ICICI Securities Limited

Jindal Steel & Power’s (JSPL) Q1FY24 EBITDA of INR 26.3bn was 6% and 16% ahead of our and consensus’ estimates. Key points: 1) EBITDA/t (adj.) of INR 14,485 was ahead of our estimate of INR 12,080; 2) net debt at a 15-year low level of INR 68.1bn; 3) commissioning of 6mtpa pellet plant at Angul (in Odisha) and mining leases for Utkal C and Gare Palma IV/6 have been concluded; and 4) key facilities for Angul-II have been delayed by a quarter on average.

Jindal Steel & Power Ltd. is trading above its 200 day SMA of 916.8

Jindal Steel & Power Ltd.

22 Jun 2023

938.40

-0.65%

Capacity expansion to drive growth, boost margin

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

Number of FII/FPI investors decreased from 548 to 539 in Mar 2025 qtr

Jindal Steel & Power Ltd.

17 May 2023

938.40

-0.65%

Meets with estimates sans one-offs

Buy: Jindal Steel & Power Ltd.

ICICI Securities Limited

Jindal Steel and Power’s (JSPL) Q4FY23 EBITDA met street estimates adjusted for inventory write-offs of Rs2.5bn. Key points: 1) realisation rose 3% QoQ, partially offset by 2% QoQ rise in steel melting costs ; 2) production was impacted by operating issues at heat exchanger in DRI plant at Angul.

Jindal Steel & Power Ltd. is trading below its 30 day SMA of 938.8

Jindal Steel & Power Ltd.

16 May 2023

938.40

-0.65%

Earnings hit by inventory write-down and impairment in subsidiary

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

Jindal Steel & Power.. has an average target of 1048.38 from 8 brokers.

Jindal Steel & Power Ltd.

01 Feb 2023

938.40

-0.65%

EBITDA in line; volumes set to rise

Buy: Jindal Steel & Power Ltd.

Target

Motilal Oswal

Jindal Steel & Power Ltd. is trading below its 30 day SMA of 938.8

Jindal Steel & Power Ltd.

01 Feb 2023

938.40

-0.65%

Solid performance; exciting prospects ahead

Buy: Jindal Steel & Power Ltd.

ICICI Securities Limited

Jindal Steel and Power’s (JSPL) Q3FY23 performance surpassed street estimates by 5%, mainly on slightly lower cost. Key points: 1) EBITDA/te (adj. for forex gains) was Rs11,381 (up 60.5% QoQ) on positive price-cost spread; 2) sales volume was impacted by rake/wheel shortages and lower export opportunities.