Jindal Stainless Ltd Share Price (JSL)

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.

Jindal Stainless Ltd Registers High Volume on BSE - 28 Mar, 2024

Jindal Stainless Ltd registered a volume of 3.39 lakh shares, which is a 6.43 fold spurt over the two-week average daily volume of 52742 shares. The stock slipped 0.63% to Rs.698.90.

Jindal Stainless Signs MoU with IIT Kharagpur for Metallurgical Research - 27 Mar, 2024

Jindal Stainless has signed an MoU with IIT Kharagpur to collaborate on metallurgical research and development projects, including process optimization and materials characterization. The partnership will enable Jindal Stainless to enhance productivity and process improvement through technical consultancy and academic and industrial research provided by IIT Kharagpur.

Jindal Stainless Collaborates with IIT Kharagpur for Metallurgical Projects - 26 Mar, 2024

Jindal Stainless Ltd has partnered with IIT Kharagpur for an industry-academia collaboration to work on metallurgical projects such as process optimization, materials characterization, and primary alloy production. The partnership will enable the company to harness research in metallurgy and translate it into tangible solutions that benefit the industry.