🔔 Acquisition Alert
Jindal Group in talks to acquire 100% stake in Czech-based Vitkovice Steel to strengthen global presence.
Jindal Steel & Power Ltd Analyst Rating
based on 25 analysts
72.00%
Buy
12.00%
Hold
16.00%
Sell
Based on 25 analysts offering long term price targets for Jindal Steel & Power Ltd. An average target of ₹1066.16
Source: S&P Global Market Intelligence
Jindal Steel & Power Ltd Share analysis
Jindal Steel & Power Ltd price forecast by 25 analysts
Upside of10.54%
High
₹1240
Target
₹1066.16
Low
₹500
Jindal Steel & Power Ltd target price ₹1066.16, a slight upside of 10.54% compared to current price of ₹948.95. According to 25 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Steel & Power Ltd revenue growth forecast
Expected growth rate Q1, FY2026:31.50%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Steel & Power Ltd EPS growth forecast
EPS estimate Q1, FY2026:44.70%
Forecast
Actual
Source: S&P Global Market Intelligence
Jindal Steel & Power Ltd Performance
Day's Low
Day's High
₹946₹973.6552 Week's Low
52 Week's High
₹581.6₹1,097
| Returns % | |
| 1 Month Return | -5.57 % |
| 3 Month Return | + 1.25 % |
| 1 Year Return | + 50.67 % |
| Market Stats | |
| Previous Close | ₹964.50 |
| Open | ₹969.15 |
| Volume | 16.59L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹98,387.50Cr |
Jindal Steel & Power Ltd Key Statistics
| P/E Ratio | 17.33 |
| PEG Ratio | 0.64 |
| Market Cap | ₹98,387.50 Cr |
| P/B Ratio | 1.87 |
| EPS | 59.29 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 12.26 |
Jindal Steel & Power Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹98,387.50 Cr | 166.56% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹53,296.17 Cr | 52.49% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| HOLD | ₹42,631.90 Cr | 85.99% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| ₹2,14,012.41 Cr | 28.26% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹43,739.26 Cr | 207.31% | 0.54 | ₹732 Cr | ₹18,118 Cr |
Jindal Steel & Power Ltd Mutual Fund Holdings
About Jindal Steel & Power Ltd
JSPL is a leading manufacturer of steel products such as bars, plates, coils, and structural steel. It also produces a range of value-added products such as hot-rolled coils, cold-rolled coils, galvanized coils, and pre-painted galvanized coils. JSPL's popular steel brands include Jindal Panther, Jindal U-Tuf, and Jindal SAW. The company also produces and supplies electricity to over 4 million households in India.
JSPL also has a strong presence in the oil and gas exploration and production sector. It is one of the leading players in the Indian oil and gas sector and produces a variety of oil and gas products such as crude oil, natural gas, and petroleum products.
Share Price: ₹948.95 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹98,387.50Cr as of today
Revenue: ₹13,617.84Cr as on June 2024 (Q2 24)
Net Profit: ₹1,337.92Cr as on June 2024 (Q2 24)
Listing date: 22 Sep, 1999
Chairperson Name: Naveen Jindal
| Organisation | Jindal Steel & Power Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jindal Steel & Power Ltd
Jindal Group Pursues Acquisition of Vitkovice Steel - 21 Oct, 2024
Jindal Steel & Power's parent company, Jindal Group, is negotiating to acquire a full stake in Vitkovice Steel, enhancing its global footprint.
Jindal Steel Faces Profit Decline Amid Low Prices - 17 Oct, 2024
Analysts predict a significant drop in profits for Jindal Steel & Power in the September quarter, with net profits expected to plunge between 40-100% due to low steel prices and weak demand.
Jindal Steel Faces EBITDA Drop Amid Weak Prices - 16 Oct, 2024
Elara Capital analysts forecast a sequential decline of around 2% in EBITDA for Jindal Steel & Power Ltd in the second quarter, attributed to weak steel prices.
Significant Block Deals for Jindal Steel & Power - 15 Oct, 2024
Jindal Steel & Power Ltd experienced two major block deals on the NSE, totaling ₹398.47 crore, indicating strong investor interest in the stock.
Jindal Steel & Power Q2 Profit Forecast Decline - 11 Oct, 2024
PL Capital estimates Jindal Steel & Power's Q2 net profit may drop 41% YoY to Rs. 820 crore, with net sales expected to decrease by 4.7% YoY.
Jindal Steel Advances Green Hydrogen Initiatives - 09 Oct, 2024
Jindal Steel & Power is focusing on green hydrogen production for steel manufacturing, targeting net zero emissions by 2047. A significant project in Odisha is underway, alongside efforts to reduce coal dependence and diversify product offerings.
Analysts Upgrade Jindal Steel & Power Ratings - 04 Oct, 2024
Morgan Stanley upgraded Jindal Steel and Power to overweight, while Nomura initiated coverage with a buy rating, indicating positive market sentiment and potential growth.
Jindal Steel Receives Positive Ratings and Growth Outlook - 03 Oct, 2024
Jindal Steel & Power Ltd sees positive sentiment as Morgan Stanley and Nomura initiate buy ratings with targets of Rs 1,200, despite concerns over project timelines. The stock gains 3% amid optimistic growth forecasts.
Jindal Steel's Expansion to Enhance Market Position - 01 Oct, 2024
Jindal Steel & Power Ltd plans a significant capacity expansion at its Angul facility, increasing crude steel capacity to 15.9 mtpa. The company aims to complete this by Q1 FY27, positioning itself as India's fourth-largest steel producer. With a capex of Rs 31,000 crore, Jindal Steel is also focusing on cost-effective measures and expects robust steel demand driven by infrastructure projects and construction activity.
Jindal Steel & Power Receives Buy Recommendation - 27 Sep, 2024
Hem Securities has recommended buying Jindal Steel & Power stocks with a target price of Rs 1182. As of June 30, 2024, promoters held 61.19% stake, while FIIs and DIIs owned 12.63% and 15.33%, respectively.
Jindal Steel & Power Ltd Sees Notable Gains - 24 Sep, 2024
Jindal Steel & Power Ltd shares rose 2.32% to Rs 1045.05, marking a 50.32% increase over the past year. The stock has gained 6.03% in the last month and is up for the third consecutive session. Trading volume today was 21.44 lakh shares, exceeding the monthly average.
Insights on Jindal Steel & Power 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, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 935.37 Cr → 1.34K Cr (in ₹), with an average increase of 30.2% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.33% to 12.60% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 11.73K Cr → 13.65K Cr (in ₹), with an average increase of 7.1% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.19% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 12.63% to 12.19% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.02% to 9.76% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, JINDALSTEL stock has moved down by -2.9%
Jindal Steel & Power Ltd Infographics
Jindal Steel & Power Ltd Q1 FY2024-2025 Results: Key Insights
Jindal Steel's net profit falls 21% to ₹1,338 cr on weak steel demand
Jindal Steel & Power Ltd Financials
Index Inclusions
Jindal Steel & Power Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.19% | ||
| Foreign Institutions | 12.19% | ||
| Mutual Funds | 12.6% | 2.16 | |
| Retail Investors | 9.76% | ||
| Others | 4.27% | 11.78 |
Jindal Steel & Power Ltd Key Indicators
Jindal Steel & Power Ltd Valuation
Jindal Steel & Power Ltd in the last 5 years
Lowest (-230.65x)
October 1, 2018
Today (17.33x)
October 18, 2024
Industry (25.87x)
October 18, 2024
Highest (398.05x)
August 20, 2020
Jindal Steel & Power Ltd Earnings and Dividends
Jindal Steel & Power Ltd Earnings Results
Jindal Steel & Power Ltd’s net profit fell -20.56% since last year same period to ₹1,340.15Cr in the Q1 2024-2025. On a quarterly growth basis, Jindal Steel & Power Ltd has generated 43.27% jump in its net profits since last 3-months.
Read More about Earnings ResultsJindal Steel & Power Ltd Dividends May,2024
In the quarter ending March 2024, Jindal Steel & Power Ltd has declared dividend of ₹2 - translating a dividend yield of 0.42%.
Read More about Dividends
Jindal Steel & Power Ltd Technicals Summary
Bearish
Neutral
Bullish
Jindal Steel & Power Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Jindal Steel & Power Ltd
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Jindal Steel & Power Ltd (JINDALSTEL) share price today is ₹948.95
Jindal Steel & Power Ltd is listed on NSE
Jindal Steel & Power Ltd is listed on BSE
- Today’s highest price of Jindal Steel & Power Ltd is ₹973.65.
- Today’s lowest price of Jindal Steel & Power Ltd is ₹946.
PE Ratio of Jindal Steel & Power Ltd is 17.33
PE ratio = Jindal Steel & Power Ltd Market price per share / Jindal Steel & Power Ltd Earnings per share
Today’s traded volume of Jindal Steel & Power Ltd(JINDALSTEL) is 16.59L.
Today’s market capitalisation of Jindal Steel & Power Ltd(JINDALSTEL) is ₹98387.5Cr.
| Jindal Steel & Power Ltd(JINDALSTEL | Price |
|---|---|
52 Week High | ₹1097 |
52 Week Low | ₹581.6 |
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹948.95. It is down -13.50% from its 52 Week High price of ₹1097
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹948.95. It is up 63.16% from its 52 Week Low price of ₹581.6
| Jindal Steel & Power Ltd(JINDALSTEL | Returns |
|---|---|
1 Day Returns | -15.55% |
1 Month Returns | -5.57% |
3 Month Returns | 1.25% |
1 Year Returns | 50.67% |