NSE: JSL | BSE: 532508

Mid-range Performer

Download real time

644.75 -24.45 (-3.65%)

29.83% Gain from 52W Low

1.9M NSE+BSE Volume

NSE 30 May, 2025 3:31 PM (IST)

53,112.5

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Analyst Buy

Jefferies initiates coverage on Jindal Stainless with a 'Buy' rating and a target price of Rs 800 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.

15 May 2023

644.75

-3.65%

Transient decline provides fresh opportunity

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Despite tumbling 13% in past one month, the Jindal Stainless (JSL) stock has delivered 112% return in past six months. We believe the stock deserves a fresh look as the fundamentals post-merger remain robust and we see a semblance of regulatory support emerging.

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

Jindal Stainless Ltd.

25 Jan 2023

644.75

-3.65%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. is trading below its 200 day SMA of 668.7

Jindal Stainless Ltd.

25 Jan 2023

644.75

-3.65%

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 150 day SMA of 643.4

Jindal Stainless Ltd.

23 Dec 2022

644.75

-3.65%

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 150 day SMA of 643.4

Jindal Stainless Ltd.

07 Nov 2022

644.75

-3.65%

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

644.75

-3.65%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. has an average target of 719.00 from 2 brokers.

Jindal Stainless Ltd.

04 Nov 2022

644.75

-3.65%

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

644.75

-3.65%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. has an average target of 719.00 from 2 brokers.

Jindal Stainless Ltd.

12 Jul 2022

644.75

-3.65%

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.