NSE: JSL | BSE: 532508

Mid-range Performer

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760.65 -0.60 (-0.08%)

New 52W High in past week

1.5M NSE+BSE Volume

NSE 03 Sep, 2025 3:31 PM (IST)

62,709.5

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.

21 May 2021

760.65

-0.08%

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....

Jindal Stainless Ltd. has gained 30.06% in the last 6 Months

Jindal Stainless Ltd.

21 May 2021

760.65

-0.08%

Jindal Stainless Hisar

Buy: Jindal Stainless Ltd.

Target

ICICI Securities Limited

Jindal Stainless Ltd. is trading above all available SMAs

Jindal Stainless Ltd.

31 Dec 2020

760.65

-0.08%

Jindal Stainless Hisar

Buy: Jindal Stainless Ltd.

ICICI Securities Limited

Both boards approve merger of JSHL into JSL Key highlights of proposed scheme The board of directors of Jindal Stainless (JSL) and Jindal Stainless (Hisar) (JSHL) have accepted the recommendations of the respective board committees and approved the merger of JSHL into JSL. The transaction between Jindal Stainless (Hisar) and Jindal Stainless Ltd is an all-equity merger. As per the approved share swap ratio, 195 equity shares of JSL will be issued for every 100 equity shares of JSHL. Furthermore, as per the...

Jindal Stainless Ltd. has gained 30.06% in the last 6 Months

Jindal Stainless Ltd.

31 Dec 2020

760.65

-0.08%

Jindal Stainless

Buy: Jindal Stainless Ltd.

ICICI Securities Limited

Jindal Stainless Ltd. has an average target of 756.00 from 3 brokers.

Jindal Stainless Ltd.

24 Dec 2020

760.65

-0.08%

Jindal Stainless: Company Update

Not Rated: Jindal Stainless Ltd.

IDBI Capital

JSL mulls consolidating its stainless steel business: JSL's Board had appointed a committee to explore and evaluate various options of consolidating of the stainless steel business of JSL and Jindal Stainless (Hisar) by the way of a scheme of arrangement. Hisar has a capacity of 0.8 mtpa. The merger/ scheme of arrangement, if it happens, will have...

Jindal Stainless Ltd. has an average target of 756.00 from 3 brokers.

Jindal Stainless Ltd.

08 Sep 2018

760.65

-0.08%

JINDAL STAINLESS LTD.

Buy: Jindal Stainless Ltd.

Ventura

At the CMP of Rs.64, JSL is trading at an EV/EBITDA of 5.2 x FY19E. We initiate with a BUY on JSL with a target price of Rs.127 (FY21 EV/EBITDA of 5x), which represents an upside of 98.4% over 18 months.

Jindal Stainless Ltd. has gained 30.06% in the last 6 Months

Jindal Stainless Ltd.

03 May 2018, 12:00AM

760.65

-0.08%

Jindal Stainless Hisar Ltd - Q4FY18 Result Update

Buy: Jindal Stainless Ltd.

Edelweiss

Jindal stainless (Hisar) Ltd (JSHL) reported healthy growth of 10% in net revenues to reach INR 2254 cr as company's volumes grew at 9% on yoy basis while sales per ton increased by 1% over...

Jindal Stainless Ltd. has gained 30.06% in the last 6 Months

Jindal Stainless Ltd.

15 Feb 2018

760.65

-0.08%

Revenue stood at Rs30bn (+43% yoy/+15% qoq) and was better than our estimate. Both sales...

Buy: Jindal Stainless Ltd.

Emkay

Revenue stood at Rs30bn (+43% yoy/+15% qoq) and was better than our estimate. Both sales volume and realization remained strong. Sales volume rose by 38% yoy to 213kt while realization stood at Rs140,373/tonne vs our expectation of Rs135,000/tonne. Consequently, EBITDA increased by 13% yoy to Rs3.9bn (+50% qoq). EBITDA/tn stood at Rs18,106/tn (-18% yoy) due to higher base; lower Raw Material costs in Q3FY17....

Jindal Stainless Ltd. has an average target of 756.00 from 3 brokers.

Jindal Stainless Ltd.

31 Oct 2017

760.65

-0.08%

Jindal Stainless (Hisar) Ltd. - Embarking on a stainless' Performance

Jindal Stainless Ltd.

Edelweiss

Our experts provide an insight on how Jindal Stainless (Hisar) (JSHL)

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

Jindal Stainless Ltd.

18 Oct 2017

760.65

-0.08%

Jindal Stainless (Hisar) Ltd. - Embarking on a stainless

Buy: Jindal Stainless Ltd.

Edelweiss

Jindal Stainless (Hisar) (JSHL), an entity carved out of the erstwhile Jindal Stainless (JSL), is a leading player in the domestic stainless steel market.

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

Is Jindal Stainless Ltd. worth buying?

314 Votes:

Buy 80.89%

Sell 10.51%

Hold 8.6%

RESEARCH REPORTS

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