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Jindal Steel & Power Ltd share price logo

Jindal Steel & Power Ltd

(JINDALSTEL)

₹949.11.57%

as on 04:01PM, 06 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Jindal Steel & Power Ltd Analyst Rating

based on 26 analysts

BUY

73.08%

Buy

11.54%

Hold

15.38%

Sell

Based on 26 analysts offering long term price targets for Jindal Steel & Power Ltd. An average target of ₹1070

Source: S&P Global Market Intelligence

Jindal Steel & Power Ltd Share analysis

Jindal Steel & Power Ltd price forecast by 26 analysts

Upside of14.51%

High

₹1300

Target

₹1070.00

Low

₹500

Jindal Steel & Power Ltd target price ₹1070, a slight upside of 14.51% compared to current price of ₹949.1. According to 26 analysts rating.

Source: S&P Global Market Intelligence

Jindal Steel & Power Ltd Performance

  • Day's Low

    Day's High

    ₹932.65
    ₹951.75
  • 52 Week's Low

    52 Week's High

    ₹674.3
    ₹1,097
1 Month Return-1.83 %
3 Month Return-2.04 %
1 Year Return+ 36.05 %
Previous Close₹934.45
Open₹935.00
Volume11.79L
Upper Circuit-
Lower Circuit-
Market Cap₹95,322.13Cr

Jindal Steel & Power Ltd Key Statistics

P/E Ratio18.56
PEG Ratio1.86
Market Cap₹95,322.13 Cr
P/B Ratio1.87
EPS59.29
Dividend Yield0
SectorSteel
ROE12.26

Jindal Steel & Power Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹95,322.13 Cr113.64%0.60₹5,943 Cr₹50,354 Cr
SELL₹50,586.54 Cr43.95%0.73₹3,066 Cr₹1,05,378 Cr
BUY₹45,693.56 Cr95.05%0.53₹1,988 Cr₹13,149 Cr
SELL₹2,11,519.47 Cr27.47%0.70₹7,759 Cr₹28,932 Cr
BUY₹43,525.56 Cr180.38%0.54₹732 Cr₹18,118 Cr

About Jindal Steel & Power Ltd

Jindal Steel & Power Ltd (JSPL) is an Indian steel and energy company based in New Delhi, India. It was incorporated in the year 1952 and operates in various lines of business including steel and power production, mining, oil and gas exploration and production, and infrastructure. JSPL is one of the top steel producers in India and is the largest producer of sponge iron in the world.

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: ₹949.10 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹95,322.13Cr as of today
Revenue: ₹11,213.31Cr as on September 2024 (Q3 24)
Net Profit: ₹860.47Cr as on September 2024 (Q3 24)
Listing date: 22 Sep, 1999
Chairperson Name: Naveen Jindal
OrganisationJindal Steel & Power Ltd
HeadquartersNew Delhi
IndustrySteel
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Key events for Jindal Steel & Power Ltd

  • Jindal Steel Faces Rising Debt Concerns - 28 Nov, 2024

    A CRISIL Ratings report indicates that net leverage for domestic primary steel makers, including Jindal Steel, will reach a five-year high of over 3x due to rising debt and impacted profitability from cheaper imports.
  • Jindal Steel Advocates Shift to Green Steel - 18 Nov, 2024

    Jindal Steel and Power Ltd highlights the steel industry's significant carbon emissions and emphasizes the importance of transitioning to green steel using hydrogen and renewable energy to enhance competitiveness in a carbon-neutral future.
  • Jindal Steel Targets Significant Capacity Growth - 16 Nov, 2024

    Jindal Steel plans to increase its production capacity from 9.6 mtpa to 15.9 mtpa by FY26, primarily at its Angul facility. The company has also acquired four coal mines, enhancing production and reducing reliance on open market coal procurement.
  • Jindal Steel Reports Decline in Sales and Profit - 08 Nov, 2024

    Jindal Steel & Power Ltd reported a significant decline in both consolidated and standalone net sales for September 2024, with net profit also decreasing sharply. The company faces challenges amid weak steel prices and muted demand.
  • Jindal Steel Q2 Earnings Show Mixed Analyst Reactions - 07 Nov, 2024

    Jindal Steel & Power's Q2 profit fell 38% to Rs 860 crore, with revenue also declining. Analysts are divided, with Citi cautious and Nuvama optimistic.
  • Jindal Steel Reports Significant Q2 Profit Decline - 06 Nov, 2024

    Jindal Steel & Power Limited reported a 38% decline in Q2 profit to Rs 860 crore, impacted by lower sales volumes and steel prices. Revenue also fell, reflecting challenging market conditions.
  • Jindal Steel Chairman Highlights India-Germany Relations - 04 Nov, 2024

    Mr. Navin Jindal, Chairman of Jindal Steel & Power, spoke at the Indo-German Summit, emphasizing India's development and the strengthening ties between India and Germany, particularly in automotive and steel sectors.

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.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.33% to 12.60% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.19% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.02% to 9.76% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 13.65K Cr → 11.24K Cr (in ₹), with an average decrease of 17.6% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, JINDALSTEL stock has moved down by -9.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 1.34K Cr → 860.9 Cr (in ₹), with an average decrease of 35.8% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 12.63% to 12.19% in Sep 2024 quarter

Jindal Steel & Power Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹12,250.16Cr (-)₹11,701.32Cr (↓4.48%)₹13,486.96Cr (↑15.26%)₹13,617.84Cr (↑0.97%)₹11,213.31Cr (↓17.66%)
Net Income₹1,390.10Cr (-)₹1,927.99Cr (↑38.69%)₹933.46Cr (↓51.58%)₹1,337.92Cr (↑43.33%)₹860.47Cr (↓35.69%)
Net Profit Margin11.35% (-)16.48% (↑45.20%)6.92% (↓58.01%)9.82% (↑41.91%)7.67% (↓21.89%)
Value in ₹ crore
Details2021202220232024
Total Assets₹69,941.38Cr (-)₹75,570.56Cr (↑8.05%)₹69,377.33Cr (↓8.20%)₹72,655.00Cr (↑4.72%)
Total Liabilities₹37,299.27Cr (-)₹35,210.08Cr (↓5.60%)₹28,820.48Cr (↓18.15%)₹27,161.40Cr (↓5.76%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹7,060.98Cr (-)₹9,760.12Cr (↑38.23%)₹14,185.27Cr (↑45.34%)₹6,415.85Cr (↓54.77%)₹6,909.07Cr (↑7.69%)

Index Inclusions

S&P BSE Enhanced Value

₹951.87

0.44 (4.15%)

S&P BSE 100 LargeCap TMC

₹9,245.25

0.07 (6.59%)

S&P BSE Largecap

₹9,626.83

0.08 (8%)

Nifty100 Eq Weig

₹32,869.20

0.32 (104.1%)

BSE 500

₹36,681.01

0.17 (61.77%)

BSE 200

₹11,413.25

0.13 (15.23%)

S&P BSE 250 LargeMidCap

₹10,831.91

0.13 (14.52%)

Nifty Metal

₹9,397.15

1.23 (114.4%)

NIFTY 100

₹25,663.90

0.02 (6.05%)

S&P BSE Commodities

₹7,674.31

0.45 (34.62%)

Nifty LargeMidcap 250

₹16,280.10

0.22 (35.35%)

S&P BSE Metal

₹31,688.29

1.17 (367.45%)

Nifty Commodities

₹8,764.30

0.4 (35.2%)

Nifty Next 50

₹73,040.40

0.76 (553.35%)

Nifty 500

₹23,312.10

0.15 (34.15%)

Nifty 200

₹13,996.80

0.1 (13.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Jindal Steel & Power Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.19%
-0.01
Foreign Institutions
12.19%
-3.53
Mutual Funds
12.6%
2.16
Retail Investors
9.76%
-2.66
Others
4.27%
11.78

Jindal Steel & Power Ltd Key Indicators

Details20202021202220232024
Return On Equity %2.6725.3922.696.7612.26
Details20202021202220232024
Return On Assets %-0.185.27.614.578.17
Details20202021202220232024
Book Value Per Share (₹)315.07311.32351.88384.54441.5
Details20202021202220232024
Earning Per Share (₹)-3.9241.8366.9439.5459.29

Jindal Steel & Power Ltd Valuation

Jindal Steel & Power Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-230.65x)

October 1, 2018

Today (18.56x)

December 5, 2024

Industry (25.07x)

December 5, 2024

Highest (398.05x)

August 20, 2020

LowHigh

Jindal Steel & Power Ltd Earnings and Dividends

  • Jindal Steel & Power Ltd Earnings Results

    Jindal Steel & Power Ltd’s net profit fell -37.97% since last year same period to ₹860.90Cr in the Q2 2024-2025. On a quarterly growth basis, Jindal Steel & Power Ltd has generated -35.76% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Jindal 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 0.43%.

    Read More about Dividends

Jindal Steel & Power Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Jindal Steel & Power Ltd is currently in a Bullish 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 ₹949.1

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 ₹951.75.
  • Today’s lowest price of Jindal Steel & Power Ltd is ₹932.65.

PE Ratio of Jindal Steel & Power Ltd is 18.56

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 11.79L.

Today’s market capitalisation of Jindal Steel & Power Ltd(JINDALSTEL) is ₹95322.13Cr.

Jindal Steel & Power Ltd(JINDALSTELPrice
52 Week High
₹1097
52 Week Low
₹674.3

Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹949.1. It is down -13.48% from its 52 Week High price of ₹1097

Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹949.1. It is up 40.75% from its 52 Week Low price of ₹674.3

Jindal Steel & Power Ltd(JINDALSTELReturns
1 Day Returns
14.65%
1 Month Returns
-1.83%
3 Month Returns
-2.04%
1 Year Returns
36.05%