Jindal Stainless (Hisar) Ltd. share price target and research reports

Name: Latest research reports of Jindal Stainless (Hisar) Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: Jindal Stainless (Hisar) Ltd.
Rating: 5
Author: ICICI Direct

Latest analyst research reports with target prices and PDF download for JSLHISAR, BSE:539597 Jindal Stainless (Hisar) Ltd.

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Jindal Stainless (Hisar) Ltd.

25 Jan 2023

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

Target

ICICI Direct

Jindal Stainless (Hisar) Ltd.

05 Nov 2022

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

Target

ICICI Direct

Jindal Stainless (Hisar) Ltd.

03 Aug 2022

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

Target

ICICI Direct

Jindal Stainless (Hisar) Ltd.

11 Jul 2022

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

Target

ICICI Direct

Jindal Stainless (Hisar) Ltd.

09 May 2022

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

ICICI Direct

Jindal Stainless (Hisar) Ltd.

02 Aug 2021

Jindal Stainless Hisar

Buy: Jindal Stainless (Hisar) Ltd.

ICICI Securities Limited

JSHL is the world's largest producer of SS strips for razor blades and India's largest producer of coin blanks Q1FY22 Results: JSHL reported a healthy performance in Q1FY22. During Q1FY22, JSHL's standalone operation's EBITDA/tonne was at | 25278/tonne (standalone EBITDA/tonne of | 19952/tonne in Q4FY21) What should investors do? JSHL's share price has grown by ~4x over the last 18...

Jindal Stainless (Hisar) Ltd.

30 Jan 2019

JSHL reported a weak set of numbers, driven by lower production/sales volumes

Hold: Jindal Stainless (Hisar) Ltd.

Emkay

have shot up by Rs600mn on a yoy basis and the company also continued to book inventory loss (adjusted in raw material costs). JSHL also reported exceptionally high Effective Tax Rate (ETR) of 48.6% in the quarter, resulting in a slump in PAT. However, the bottom-line was shored up through exceptional MTM FX gain of Rs218mn as rupee appreciated 3.5% through the quarter as compared with loss of Rs58mn sequentially. Revise estimates; downgrade to Hold: Though the domestic demand should structurally remain strong given the low per capita consumption of Stainless Steel, the threat of dumping...

Jindal Stainless (Hisar) Ltd.

06 Nov 2018

Jindal Stainless Hisar Ltd | Q2FY19 Result Update

Buy: Jindal Stainless (Hisar) Ltd.

Target

Edelweiss

Jindal Stainless Hisar Ltd (JSHL), reported net revenue de-growth of 5% to INR 2,229cr during Q2FY19 as volumes declined by 17% on yoy basis.

Jindal Stainless (Hisar) Ltd.

23 Jul 2018

Jindal Stainles

Buy: Jindal Stainless (Hisar) Ltd.

Target

Kotak Securities

Hisar unit (JSHL) of Jindal stainless (JSL) has always been a profitable unit even in the turbulent times, despite being located in a landlocked area. Given JSHL's market position and 7.5% demand (improving infrastructure) CAGR for the next decade, we believe the group is well poised to capture higher market share. Besides this, the increase in contribution from VAP to 65% of the overall sales mix, will help the company to sustain its earnings. We continue to remain positive on the company given its sustainable earnings, however...

Jindal Stainless (Hisar) Ltd.

02 May 2018

Jindal (Hisar)

Buy: Jindal Stainless (Hisar) Ltd.

Kotak Securities

JSHL's Q4FY18 standalone numbers were below our estimates, due to lower than expected realisation. The volume during the quarter continues to remain strong. FY18 consolidated PAT doubled to Rs5.91 bn, supported by strong performance in standalone operations and improved performance from Jindal Stainless Steelway (JSSL) and Jindal Lifestyle (JLL)....

Is Jindal Stainless (Hisar) Ltd. worth buying?

127 Votes:

Buy 80.31%

Sell 10.24%

Hold 9.45%