NSE: JSL | BSE: 532508

Mid-range Performer

Download real time

585.10 -3.15 (-0.54%)

31.00% Fall from 52W High

991.4K NSE+BSE Volume

NSE 09 May, 2025 1:11 PM (IST)

48,198.8

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Rapid Results

Q4FY25 & FY25 Result Announced for Jindal Stainless Ltd. 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.

13 Feb 2022

585.10

-0.54%

Jindal Stainless Hisar

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Consolidated EBITDA was at | 569 crore, up 47% YoY and flattish QoQ, higher than our estimate of | 558 crore. Consolidated PAT was at | 515 crore, up 91% YoY and 3% QoQ, higher than our estimate of | 482 crore...

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

Jindal Stainless Ltd.

13 Feb 2022

585.10

-0.54%

Jindal Stainless

Buy: Jindal Stainless Ltd.

ICICI Securities Limited

Consolidated EBITDA was at | 797 crore, up 68% YoY and 7% QoQ, higher than our estimate of | 740 crore. Consolidated PAT was at | 442 crore, up 160% YoY and 7% QoQ, higher than our estimate of | 408 crore What should investors do? Jindal Stainless' share price has given a return of...

Jindal Stainless Ltd. is trading above its 30 day SMA of 572.1

Jindal Stainless Ltd.

22 Dec 2021

585.10

-0.54%

Look downstream, look converter series – case for value creation intact

Buy: Jindal Stainless Ltd.

ICICI Securities Limited

Decline in Chinese stainless steel prices has compressed the converter spreads (Chart 1). We are not sure when exactly the spot will percolate into Jindal Stainless (JSL) or Jindal Stainless (Hissar) (JSHL) spreads, but we continue to build in ~Rs17,500/te of normalised spreads for FY23/24E (from Rs27,000/te expected in Q3FY22).

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

Jindal Stainless Ltd.

01 Nov 2021

585.10

-0.54%

Jindal Stainless Hisar

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

During Q2FY22, JSHL reported a consolidated topline of | 3743 crore, up 63% YoY and 35% QoQ, higher than our estimate of | 3465 crore Consolidated EBITDA was at | 567 crore, up 95% YoY and 37% QoQ, higher than our estimate of | 475 crore. Consolidated PAT was at | 499 crore, up...

Jindal Stainless Ltd. is trading below its 50 day SMA of 593.5

Jindal Stainless Ltd.

01 Nov 2021

585.10

-0.54%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

JSL has a 1.1 MTPA integrated facility with backward integration (ferro chrome and captive power plant) The company has readily leveragable infrastructure for cost efficient brownfield expansion (800+ acre of land)...

Jindal Stainless Ltd.'s price crossed above 50Day SMA today

Jindal Stainless Ltd.

04 Oct 2021

585.10

-0.54%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

About the stock: Jindal Stainless (JSL) is India's largest stainless steel We maintain our BUY rating on the stock Target Price and Valuation: We value JSL at | 200, based on a merged entity basis...

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

Jindal Stainless Ltd.

24 Sep 2021

585.10

-0.54%

On steady track

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

We hosted the management of Jindal Stainless (JSL). Management clarified the company’s product level strategy underlining the resurgence in demand that the 400 series sees in India. Expansion from 1.9mtpa to 2.9mtpa stays on track. Existing capacity will lead to 15-20% volume growth in FY22. Management pointed
at its continued focus on deleveraging and guided for start of dividend payout as merger between JSL and Jindal Stainless (Hissar) (JSHL) concludes, likely in the
near term.

Jindal Stainless Ltd. is trading above its 30 day SMA of 572.1

Jindal Stainless Ltd.

02 Aug 2021

585.10

-0.54%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

JSL is augmenting is stainless steel melt capacity from 1.1 MTPA to 2.1 MTPA and also enhancing downstream capacity with 1.6x expansion of hot rolled annealed pickled (HRAP) from 0.8 MTPA to 1.25 MTPA and 1.7x expansion of cold rolled annealed pickled (CRAP) from 0.45 MTPA to 0.75 MTPA. It is also expanding backward integration with 1.4x expansion of ferro chrome from 0.25 MTPA to 0.35 MTPA The estimated total growth capex is ~| 2150 crore wherein melting capex is | 530 crore (to be completed by Q3FY23), downstream enhancement...

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

Jindal Stainless Ltd.

21 May 2021

585.10

-0.54%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

The merger process of JSHL into JSL is progressing well and is expected to be completed in H2FY22. Hence, we value JSL on a merged entity basis and arrive at a target price for JSHL based on the announced swap ratio. We arrive at a target price of | 125 for JSL (earlier | 90), maintaining our BUY recommendation on the stock. Subsequently, as per the announced swap ratio, we arrive at a target price of | 244 for JSHL (earlier target price | 170), maintaining our BUY recommendation on the stock....