Jindal Steel & Power Ltd Analyst Rating
based on 26 analysts
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.
Excluding Excise Duty and Other Income, represents Net Revenue
Jindal Steel & Power Ltd revenue growth forecast
Expected growth rate Q1, FY2026:30.44%
Forecast
Actual
Including amortisation and stock based compensations
Jindal Steel & Power Ltd EPS growth forecast
EPS estimate Q1, FY2026:35.43%
Forecast
Actual
Source: S&P Global Market Intelligence
Jindal Steel & Power Ltd Performance
Day's Low
Day's High
₹932.65₹951.7552 Week's Low
52 Week's High
₹674.3₹1,097
| Returns % | |
| 1 Month Return | -1.83 % |
| 3 Month Return | -2.04 % |
| 1 Year Return | + 36.05 % |
| Market Stats | |
| Previous Close | ₹934.45 |
| Open | ₹935.00 |
| Volume | 11.79L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹95,322.13Cr |
Jindal Steel & Power Ltd Key Statistics
| P/E Ratio | 18.56 |
| PEG Ratio | 1.86 |
| Market Cap | ₹95,322.13 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 | ₹95,322.13 Cr | 113.64% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹50,586.54 Cr | 43.95% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| BUY | ₹45,693.56 Cr | 95.05% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| ₹2,11,519.47 Cr | 27.47% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹43,525.56 Cr | 180.38% | 0.54 | ₹732 Cr | ₹18,118 Cr |
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: ₹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
| 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 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.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.33% to 12.60% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.19% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 10.02% to 9.76% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 13.65K Cr → 11.24K Cr (in ₹), with an average decrease of 17.6% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, JINDALSTEL stock has moved down by -9.2%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.34K Cr → 860.9 Cr (in ₹), with an average decrease of 35.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.63% to 12.19% in Sep 2024 quarter
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 (18.56x)
December 5, 2024
Industry (25.07x)
December 5, 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 -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 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 0.43%.
Read More about Dividends
Jindal Steel & Power Ltd Technicals Summary
Bearish
Neutral
Bullish
Jindal Steel & Power Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Jindal Steel & Power Ltd
- 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 Steel & Power Ltd shares.
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(JINDALSTEL | Price |
|---|---|
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(JINDALSTEL | Returns |
|---|---|
1 Day Returns | 14.65% |
1 Month Returns | -1.83% |
3 Month Returns | -2.04% |
1 Year Returns | 36.05% |