NSE: JSL | BSE: 532508

Mid-range Performer

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588.30 2.30 (0.39%)

30.62% Fall from 52W High

833.2K NSE+BSE Volume

NSE 06 May, 2025 3:31 PM (IST)

48,462.4

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Board Meeting

The next board meeting for Jindal Stainless Ltd. is on 08 May 2025 for the purpose of Audited Results & Final Dividend See details

Jindal Stainless Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JSL, BSE:532508 Jindal Stainless Ltd.

Jindal Stainless Ltd.

25 Jan 2023

588.30

0.39%

Volume growth a major positive

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Jindal Stainless’ (JSL) Q3FY23 performance was 22% ahead of our and street estimates. Key points: 1) Sales volumes were up 33% YoY (22% QoQ) to an all- time high of 330.4kte aided by the rolling of third-party stainless steel flats; 2) blended realisation however was down 13% QoQ tracking international raw material prices and higher hollow-ware sales in the domestic market.

Jindal Stainless Ltd. is trading above its 30 day SMA of 576.3

Jindal Stainless Ltd.

23 Dec 2022

588.30

0.39%

Growth in the offing

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

We hosted Jindal Stainless’ (JSL) management for a roadshow in Mumbai (on Dec 19, 2022). Key takeaways: 1) Expect volume CAGR of ~20% by FY25; 2) expect FY23 EBITDA margin to sustain at Rs18,000-20,000/te.

Jindal Stainless Ltd. is trading above its 30 day SMA of 576.3

Jindal Stainless Ltd.

07 Nov 2022, 12:00AM

588.30

0.39%

Growth in the offing

Buy: Jindal Stainless Ltd.

ICICI Securities Limited

We attended the analyst call of Jindal Stainless’ (JSL) to discuss the Q2FY23 performance.

Number of FII/FPI investors decreased from 592 to 586 in Mar 2025 qtr

Jindal Stainless Ltd.

05 Nov 2022

588.30

0.39%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. has an average target of 787.00 from 2 brokers.

Jindal Stainless Ltd.

04 Nov 2022

588.30

0.39%

Volume growth a major positive

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Jindal Stainless’ (JSL) Q2FY23 performance was ahead of street estimates. Sales volumes were up 5% YoY (14% QoQ) to an all-time high of 270.4kte.

Number of FII/FPI investors decreased from 592 to 586 in Mar 2025 qtr

Jindal Stainless Ltd.

03 Aug 2022

588.30

0.39%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. has an average target of 787.00 from 2 brokers.

Jindal Stainless Ltd.

12 Jul 2022

588.30

0.39%

Value unlocking can happen through prudent capital allocation

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Jindal Stainless (JSL) management meeting takeaways include: i) Exports can be maintained at 16,000tpm (down from peak run-rate of 30,000tpm) despite the export duty of 15%, mainly on account of higher margins in the US. ii) Blast furnace capex in JUSL is being reconsidered; leverage, holding on to the environmental benefits of running a secondary steel operation and investor feedback has played its part in our view.

Jindal Stainless Ltd. is trading above its 30 day SMA of 576.3

Jindal Stainless Ltd.

11 Jul 2022

588.30

0.39%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Number of FII/FPI investors decreased from 592 to 586 in Mar 2025 qtr

Jindal Stainless Ltd.

09 May 2022

588.30

0.39%

Jindal Stainless

Buy: Jindal Stainless Ltd.

ICICI Direct

Jindal Stainless Ltd. is trading above its 30 day SMA of 576.3

Jindal Stainless Ltd.

23 Feb 2022

588.30

0.39%

Jindal Stainless Ltd. - Crme de la Crme

Buy: Jindal Stainless Ltd.

Monarch Networth Capital Limited

We present a stock idea Jindal Stainless Ltd. (JSL), the gold standard in stainless steel and on the verge of business evolution, with a fair value of Rs260. With its merger with Jindal Stainless Hisar (JSHL), the merged entity will command a towering 55% share, with limited competition. JSL's port and raw material proximity, international finishing capabilities coupled with JSHL's strategically located facility in key domestic consumption centres will drive synergies in the merged entity. The doubling of JSL's steel melt shop capacity and expansion of JSHL's value added Special Product division should be a growth accelerator, with emerging sources of demand such as Auto, railways and infrastructure. JSL's...

Number of FII/FPI investors decreased from 592 to 586 in Mar 2025 qtr

Is Jindal Stainless Ltd. worth buying?

301 Votes:

Buy 81.06%

Sell 10.63%

Hold 8.31%

RESEARCH REPORTS

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