NSE: JSL | BSE: 532508

Mid-range Performer

Download real time

762.20 1.60 (0.21%)

53.48% Gain from 52W Low

411.0K NSE+BSE Volume

NSE 18 Sep, 2025 3:31 PM (IST)

62,837.3

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

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.

03 Aug 2022

762.20

0.21%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Jindal Stainless Ltd. has an average target of 802.00 from 4 brokers.

Jindal Stainless Ltd.

12 Jul 2022

762.20

0.21%

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.

ICICI Direct increased Buy price target of Jindal Stainless Ltd. to 940.0 on 17 Sep, 2025.

Jindal Stainless Ltd.

11 Jul 2022

762.20

0.21%

Jindal Stainless

Buy: Jindal Stainless Ltd.

Target

ICICI Direct

Number of FII/FPI investors increased from 586 to 607 in Jun 2025 qtr.

Jindal Stainless Ltd.

09 May 2022

762.20

0.21%

Jindal Stainless

Buy: Jindal Stainless Ltd.

ICICI Direct

ICICI Direct increased Buy price target of Jindal Stainless Ltd. to 940.0 on 17 Sep, 2025.

Jindal Stainless Ltd.

23 Feb 2022

762.20

0.21%

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 increased from 586 to 607 in Jun 2025 qtr.

Jindal Stainless Ltd.

13 Feb 2022

762.20

0.21%

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...

ICICI Direct increased Buy price target of Jindal Stainless Ltd. to 940.0 on 17 Sep, 2025.

Jindal Stainless Ltd.

13 Feb 2022

762.20

0.21%

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 all available SMAs

Jindal Stainless Ltd.

22 Dec 2021

762.20

0.21%

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).

Jindal Stainless Ltd. is trading above all available SMAs

Jindal Stainless Ltd.

01 Nov 2021

762.20

0.21%

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...

Number of FII/FPI investors increased from 586 to 607 in Jun 2025 qtr.

Jindal Stainless Ltd.

01 Nov 2021

762.20

0.21%

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. has an average target of 802.00 from 4 brokers.

Is Jindal Stainless Ltd. worth buying?

317 Votes:

Buy 81.07%

Sell 10.41%

Hold 8.52%

RESEARCH REPORTS

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