Analyst Rating
based on 7 analysts
85.71%
Buy
14.29%
Hold
0.00%
Sell
Based on 7 analysts offering long term price targets for Jindal Stainless Ltd. An average target of ₹848.86
Source: S&P Global Market Intelligence
Jindal Stainless Ltd Share analysis
Jindal Stainless Ltd price forecast by 7 analysts
Upside of12.22%
High
₹955
Target
₹848.86
Low
₹700
Jindal Stainless Ltd target price ₹848.86, a slight upside of 12.22% compared to current price of ₹749.9. According to 7 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Stainless Ltd revenue growth forecast
Expected growth rate Q1, FY2026:38.49%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Stainless Ltd EPS growth forecast
EPS estimate Q1, FY2026:70.38%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹744₹764.9552 Week's Low
52 Week's High
₹427.15₹848
| Returns % | |
| 1 Month Return | + 4.6 % |
| 3 Month Return | -6.54 % |
| 1 Year Return | + 55.1 % |
| Market Stats | |
| Previous Close | ₹756.40 |
| Open | ₹752.40 |
| Volume | 4.55L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹62,284.59Cr |
Key Statistics
| P/E Ratio | 23.82 |
| PEG Ratio | 7.76 |
| Market Cap | ₹62,284.59 Cr |
| P/B Ratio | 4.17 |
| EPS | 32.71 |
| Dividend Yield | 0.43 |
| Sector | Steel |
| ROE | 20.12 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹62,284.59 Cr | 412.85% | 0.62 | ₹2,693 Cr | ₹38,562 Cr | |
| NA | ₹30,790.04 Cr | 152.81% | 0.60 | ₹295 Cr | ₹1,717 Cr | |
| BUY | ₹24,901.35 Cr | 27.43% | 0.51 | ₹1,029 Cr | ₹13,195 Cr | |
| HOLD | ₹7,950.17 Cr | 44.77% | 0.52 | ₹248 Cr | ₹1,038 Cr | |
| BUY | ₹26,487.77 Cr | 103.64% | 0.51 | ₹625 Cr | ₹5,059 Cr |
Company Information
Share Price: ₹749.90 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹62,284.59Cr as of today
Revenue: ₹9,429.76Cr as on June 2024 (Q2 24)
Net Profit: ₹646.07Cr as on June 2024 (Q2 24)
Listing date: 18 Nov, 2003
Chairperson Name: Ratan Jindal
| Organisation | Jindal Stainless Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jindal Stainless Ltd
Government Duty Benefits Jindal Stainless and Domestic Steel - 11 Sep, 2024
The government has imposed a countervailing duty on certain steel imports from China and Vietnam, which is expected to benefit Jindal Stainless and other domestic producers by reducing competition from subsidized imports.
Jindal Stainless AGM and Stock Performance Update - 10 Sep, 2024
On September 10, 2024, Jindal Stainless Limited held its 44th AGM, discussing dividend approvals. Shares opened at Rs 722, up 0.71%. The stock has shown significant growth over the past year, climbing 46.43%.
Jindal Stainless Supplies Steel for Vande Bharat Trains - 08 Sep, 2024
Jindal Stainless has provided high-strength tempered 301L grade stainless steel for Vande Bharat sleeper coaches, improving durability, safety, and energy efficiency. The first coaches are set for dispatch later this month.
Jindal Stainless Supplies Steel for Vande Bharat Coaches - 06 Sep, 2024
Jindal Stainless has commenced supplying high-strength stainless steel for Vande Bharat sleeper coaches, improving performance, durability, and safety. The first coaches are set for dispatch on September 20, 2024.
Jindal Stainless Supplies Steel for Vande Bharat Coaches - 05 Sep, 2024
Jindal Stainless has provided high-strength tempered 301LN stainless steel for Vande Bharat sleeper coaches, improving performance, safety, and sustainability. The first batch is set for dispatch on September 20, 2024.
Lotus Global Divests Stake in Jindal Stainless - 04 Sep, 2024
Lotus Global Investments divested a 0.62% stake in Jindal Stainless, valued at Rs 374.8 crore, while experts suggest buying the stock for potential gains.
Jindal Stainless Declares 100% Dividend for Shareholders - 24 Aug, 2024
Jindal Stainless Limited has declared a 100% dividend for the financial year 2023-24, with a record date of August 30. The dividend yield stands at 0.41%.
Jindal Stainless Declares 100% Dividend for 2024 - 21 Aug, 2024
Jindal Stainless has announced a final dividend of Rs 2 per equity share for FY 2023-24, with an ex-date of August 30, 2024. The stock has shown impressive long-term performance, gaining 491.98% over two years and 2517.19% over five years, significantly outperforming its benchmark BSE Metal. As of August 21, 2024, shares were trading at Rs 745.90, reflecting a 30.08% YTD gain.
Government Investigates Steel Dumping, Boosting Jindal Stainless - 20 Aug, 2024
The Indian government is investigating Vietnam's alleged steel dumping, which may extend to China. This could strengthen local steel prices and benefit producers like Jindal Stainless.
Jindal Stainless Secures Key Contract with BrahMos Aerospace - 13 Aug, 2024
Jindal Stainless has been accredited as a qualified vendor by BrahMos Aerospace and will supply customized stainless steel for defense projects. The stock rose 2% following this announcement.
Insights on Jindal Stainless Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Price Rise
In the last 3 years, JSL stock has moved up by 387.5%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 20.83% to 22.49% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 500.74 Cr → 648.06 Cr (in ₹), with an average increase of 22.7% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 60.49% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 12.05% to 10.77% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 4.23% to 3.94% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 9.50K Cr → 9.48K Cr (in ₹), with an average decrease of 0.3% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.49% | ||
| Foreign Institutions | 22.49% | 7.95 | |
| Mutual Funds | 3.94% | ||
| Retail Investors | 10.77% | ||
| Others | 2.31% |
Key Indicators
Jindal Stainless Ltd Valuation
Jindal Stainless Ltd in the last 5 years
Lowest (-73.53x)
December 29, 2020
Today (23.82x)
September 17, 2024
Industry (26.23x)
September 17, 2024
Highest (70.34x)
January 12, 2021
Earnings and Dividends
Jindal Stainless Ltd Earnings Results
Jindal Stainless Ltd’s net profit fell -13.11% since last year same period to ₹648.06Cr in the Q1 2024-2025. On a quarterly growth basis, Jindal Stainless Ltd has generated 29.42% jump in its net profits since last 3-months.
Read More about Earnings ResultsJindal Stainless Ltd Dividends May,2024
In the quarter ending March 2024, Jindal Stainless Ltd has declared dividend of ₹2 - translating a dividend yield of 0.59%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Jindal Stainless Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Jindal Stainless Ltd shares.
Jindal Stainless Ltd (JSL) share price today is ₹749.9
Jindal Stainless Ltd is listed on NSE
Jindal Stainless Ltd is listed on BSE
- Today’s highest price of Jindal Stainless Ltd is ₹764.95.
- Today’s lowest price of Jindal Stainless Ltd is ₹744.
PE Ratio of Jindal Stainless Ltd is 23.82
PE ratio = Jindal Stainless Ltd Market price per share / Jindal Stainless Ltd Earnings per share
Today’s traded volume of Jindal Stainless Ltd(JSL) is 4.55L.
Today’s market capitalisation of Jindal Stainless Ltd(JSL) is ₹62284.59Cr.
| Jindal Stainless Ltd(JSL | Price |
|---|---|
52 Week High | ₹848 |
52 Week Low | ₹427.15 |
Jindal Stainless Ltd(JSL) share price is ₹749.9. It is down -11.57% from its 52 Week High price of ₹848
Jindal Stainless Ltd(JSL) share price is ₹749.9. It is up 75.56% from its 52 Week Low price of ₹427.15
| Jindal Stainless Ltd(JSL | Returns |
|---|---|
1 Day Returns | -6.5% |
1 Month Returns | 4.6% |
3 Month Returns | -6.54% |
1 Year Returns | 55.1% |