₹706.95▲1.01%
1.35%
Low
Day's Volatility:2.96%
High
1.61%
61.75%
Low
52 Weeks Volatility:67.56%
High
5.81%
Returns % | |
1 Month Return | -1.75 % |
3 Month Return | 25.21 % |
1 Year Return | 148.05 % |
Market Stats | |
Previous Close | ₹699.85 |
Open | ₹701.15 |
Volume | 14.49L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹58,212.71Cr |
based on 8 analysts
Based on 8 analysts offering long term price targets for Jindal Stainless Ltd. An average target of ₹662.25
Source: S&P Global Market Intelligence
Organisation | Jindal Stainless Ltd |
Headquarters | New Delhi |
Industry | Steel |
E-voting on shares | Click here to vote |
Key events for Jindal Stainless Ltd
Jindal Stainless Ltd rose 1.3% to trade at Rs 710.1 amidst a surge in the S&P BSE Metal index, which is up 12.54% over the last month and went up 57.6% over the last year compared to the benchmark SENSEX's 21.06% surge. The stock hit a record high of Rs 747.9 on April 24, 2024, and a 52-week low of Rs 270.55 on May 15, 2023.
Jindal Stainless Stock Up on NSE - 24 Apr, 2024
Jindal Stainless Ltd's stock is up by 2.17% on the NSE and has a PE ratio of 21.99 based on TTM earnings ending December 23.
Jindal Stainless Stock Up 2.91% - 22 Apr, 2024
Jindal Stainless Ltd's stock is up by 2.91% on the NSE, trading at Rs 712.75. The company has also secured the 9th spot among the top 25 shareholder returns with an impressive 5-year annualized TSR of 76%.
Jindal Stainless Reduces 2.4 Lakh Tonnes of Carbon Emissions - 17 Apr, 2024
Jindal Stainless Ltd has successfully reduced 2.4 lakh tonnes of CO2 emissions in the last two fiscal years, bringing it closer to carbon neutrality and responsible manufacturing. The company plans to generate over 1.9 billion units of clean electricity per annum with a target to reduce over 13.52 lakh tonnes of carbon emissions annually by 2050. JSL has also joined the SBTi initiative to develop measures for meeting its net-zero emission targets.
Jindal Stainless Commits to Science-Based Emissions Reduction Targets - 16 Apr, 2024
Jindal Stainless, India's largest stainless steel manufacturer, has committed to near-term science-based emissions reduction and Net Zero targets outlined by the Science-Based Targets initiative (SBTi). The company aims to significantly reduce its carbon footprint and inspire positive change within the industry. Jindal Stainless has taken several steps in its decarbonisation strategy in recent months, including establishing a green hydrogen plant and entering into a contract for a 300 MW wind-solar hybrid renewable energy project.
Jindal Stainless Expected to Report Decrease in Net Profit - 15 Apr, 2024
Prabhudas Lilladher expects Jindal Stainless to report a net profit of Rs. 620 crore, down 19% YoY and 10.4% QoQ. However, net sales are expected to increase by 0.2% YoY and 7.2% QoQ to Rs. 9,780 crore.
Jindal Stainless Ltd's P/E Ratio Suggests a Buy Opportunity - 11 Apr, 2024
Jindal Stainless Ltd's P/E ratio of 19.3x is lower than the market average, making it an attractive buy opportunity. Recent earnings growth has been in line with the market, but some investors may be concerned about future performance.
Jindal Stainless Launches Cookware Range, Credit Rating Reaffirmed - 08 Apr, 2024
Jindal Stainless has launched a new premium cookware range and its credit rating has been reaffirmed by CARE Ratings at CARE AA with a stable outlook. The rating factors in the company's resilient operational and profitability performance, sustained improvement in financial risk profile, and steady-state improvement in sales volumes over the last three fiscals.
Jindal Stainless Divests Stake in Jindal Coke, Targets Cookware Business Growth - 04 Apr, 2024
Jindal Stainless plans to divest its entire 26% stake in Jindal Coke and has already sold 4.87% shares for over Rs 36.49 crore. Meanwhile, Jindal Lifestyle targets Rs 1,000 crore turnover from the cookware business by 2029 under its Arttdinox brand.
Jindal Stainless to Divest Entire Stake in Jindal Coke - 03 Apr, 2024
Jindal Stainless plans to complete divestment of its entire 26% stake in Jindal Coke by September, with the first tranche already offloaded for over Rs 36.49 crore. The company has also acquired a majority stake in Spanish entity lberjindal and is set to acquire the remaining 5% stake held by other minority shareholders.
Fundamentals of Jindal Stainless Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Best in 1 Year
In the last 1 year, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel
Best in 3 Years
In the last 3 years, JSL has outperformed top 5 stocks with highest market-cap in Iron & Steel
Promoter Holding Up
Promoters have increased holdings from 58.69% to 60.49% in Mar 2024 quarter
MF Holding Up
Mutual Funds have increased holdings from 3.06% to 4.23% in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 12.95% to 12.05% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 774.33 Cr → 692.33 Cr (in ₹), with an average decrease of 10.6% per quarter
Revenue Fall
Revenue is down for the last 3 quarters, 10.25K Cr → 9.17K Cr (in ₹), with an average decrease of 5.4% per quarter
Price Dip
In the last 7 days, JSL stock has moved down by -4.2%
FII Holding Down
Foreign Institutions have decreased holdings from 22.56% to 20.83% in Mar 2024 quarter
Jindal Stainless Ltd in the last 5 years
Lowest (-73.53x)
December 29, 2020
Today (19.55x)
April 30, 2024
Industry (26.15x)
April 30, 2024
Highest (70.34x)
January 12, 2021
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 60.49% | 0.00 | |
Foreign Institutions | 20.83% | 0.00 | |
Mutual Funds | 4.23% | 0.00 | |
Retail Investors | 12.05% | 0.00 | |
Others | 2.4% | 0.00 |
Technicals of Jindal Stainless Ltd share
News & Events of Jindal Stainless Ltd
Jindal Stainless Ltd (JSL) share price today is ₹706.95
Jindal Stainless Ltd is listed on NSE
Jindal Stainless Ltd is listed on BSE
PE Ratio of Jindal Stainless Ltd is 19.55
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 14.49L.
Today’s market capitalisation of Jindal Stainless Ltd(JSL) is ₹58212.71Cr.
Jindal Stainless Ltd(JSL | Price |
---|---|
52 Week High | ₹748 |
52 Week Low | ₹270.4 |
Jindal Stainless Ltd(JSL) share price is ₹706.95. It is down -5.49% from its 52 Week High price of ₹748
Jindal Stainless Ltd(JSL) share price is ₹706.95. It is up 161.45% from its 52 Week Low price of ₹270.4
Jindal Stainless Ltd(JSL | Returns |
---|---|
1 Day Returns | 7.1% |
1 Month Returns | -1.75% |
3 Month Returns | 25.21% |
1 Year Returns | 148.05% |