₹915.65
0.03%
Low
Day's Volatility:0.08%
High
0.05%
45.07%
Low
52 Weeks Volatility:48.29%
High
3.22%
Returns % | |
1 Month Return | 9.61 % |
3 Month Return | 32.1 % |
1 Year Return | 59.15 % |
Market Stats | |
Previous Close | ₹917.70 |
Open | ₹916.10 |
Volume | 17.54L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹93,608.38Cr |
based on 24 analysts
Based on 24 analysts offering long term price targets for Jindal Steel & Power Ltd. An average target of ₹858.62
Source: S&P Global Market Intelligence
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
ICICI Securities has recommended a buy call on Jindal Steel & Power with a target price of Rs 985. The company reported a net profit after tax of Rs 1927.87 crore in the latest quarter, and promoters held 61.2% stake in the company as of March 31, 2024.
Jindal Steel & Power Ltd Stock Up by 27% in Three Months - 20 Apr, 2024
Jindal Steel & Power Ltd stock has seen a significant increase of 27% over the past three months. The company's financials may have played a role in this price change, with ROE being studied as a potential factor.
Jindal Steel & Power Ltd Rises for Third Straight Session - 19 Apr, 2024
Jindal Steel & Power Ltd's stock continues to rise, adding 1.72% on the day and 17.77% in the last month. The company has a PE of 18.9 based on TTM earnings ending December 23.
Jindal Steel & Power Shares Reach Record High - 18 Apr, 2024
Shares of Jindal Steel & Power rose nearly 4% to a record high of Rs 935.50 on BSE, with a market cap of Rs 94,347 crore. The stock has risen 25% since the beginning of this year and delivered multibagger returns of 123.39% in the last three years. Brokerage Anand Rathi expects the stock to hit a target of Rs 1,070 in a year and has initiated coverage on the metal stock with a buy call.
Jindal Steel & Power Ltd Expected to Report 130% YoY Net Profit Growth - 15 Apr, 2024
Prabhudas Lilladher expects Jindal Steel & Power to report a net profit of Rs. 1,070 crore, up 130% YoY, with EBITDA likely to rise by 14.5% YoY to Rs. 2,500 crore. However, net sales are expected to decrease by 14.9% YoY to Rs. 11,650 crore.
JSPL Stock Hits Record High on Buy Ratings - 09 Apr, 2024
Shares of Jindal Steel and Power Ltd (JSPL) hit a record high of Rs 924, rising 67.66% YoY. Brokerages Anand Rathi and Nuvama Wealth assign buy ratings with target prices of Rs 1,070 and Rs 1030 respectively.
Taurus Armas and Jindal Defence Systems establish manufacturing facility in India - 08 Apr, 2024
Brazilian small arms manufacturer Taurus Armas has partnered with Jindal Defence Systems to set up a manufacturing facility in India, which began production in March. The initial annual production capacity of the facility will be 250,000 weapons.
Jindal Steel & Power Ltd. Receives Buy Rating with Target Price of Rs 1,070 - 05 Apr, 2024
Jindal Steel & Power Ltd.'s strategic expansion is expected to increase its crude steel capacity by 65% and achieve a ~24% sales volume CAGR over FY24-26. With strong focus on margin expansion and one of the strongest balance sheets among domestic peers, it has received a Buy rating with a target price of Rs 1,070.
Jindal Steel & Power Ltd Up 0.34% on NSE - 04 Apr, 2024
Jindal Steel & Power Ltd is trading at Rs 905.5, up 0.34% on the day and has gained 66.65% in the last year compared to a 27.97% jump in NIFTY and a 57.82% jump in the Nifty Metal.
Private Companies Own 60% of Jindal Steel & Power Ltd - 30 Mar, 2024
Private companies own the majority stake in Jindal Steel & Power Ltd, with institutions owning 20%. The top 5 shareholders control over half of the company, indicating significant influence on business decisions. Insiders hold ₹18b worth of shares. Researching institutional ownership and analyst sentiments can help gauge expected performance.
Indian Steel Players to Face Ebitda Margin Compression - 28 Mar, 2024
Analysts at JM Financial Institutional Securities estimate an Ebitda margin compression of over ₹1,500 per tonne sequentially for Indian steel players. Jindal Steel and Power Ltd expects coking coal costs to increase by $10-12 per tonne in Q4.
Jindal Steel & Power Receives Buy Call from Nuvama Wealth Brokerage - 27 Mar, 2024
Nuvama Wealth brokerage has issued a buy call on Jindal Steel & Power with a target price of Rs 1030. The company aims to complete 6.3mtpa steel expansion by end-FY25, which would lift its earnings orbit.
Jindal Steel & Power Shares Hit All-Time High on Positive News - 26 Mar, 2024
Jindal Steel & Power shares reach an all-time high after a brokerage assigned a 24% upside to the company and it posted a 272% rise in consolidated net profit for Q3FY24. Additionally, Visco Orinoco, related to Naveen Jindal, takes control of Venezuela's largest iron-ore facility.
JSW Group's Total Market Capitalization is Approximately $25.77 Billion - 24 Mar, 2024
The JSW Group, which owns a 50% stake in Delhi Capitals, has various listed companies with a total market capitalization of approximately $25.77 billion. This includes JSW Steel, Jindal Steel and Power, JSW Energy, Jindal Stainless, and Jindal Stainless.
Fundamentals of 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.
Best in 3 Years
In the last 3 years, JINDALSTEL has outperformed top 5 stocks with highest market-cap in Iron & Steel
Retail Holding Up
Retail Investor have increased holdings from 10.00% to 10.41% in Mar 2024 quarter
Price Rise
In the last 3 months, JINDALSTEL stock has moved up by 32.1%
FII Holding Up
Foreign Institutions have increased holdings from 11.75% to 11.93% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 1.38K Cr → 1.92K Cr (in ₹), with an average increase of 28.0% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.20% of holdings in Mar 2024 quarter
Against Peers
In the last 1 year, NMDC Ltd has given 116.5% return, outperforming this stock by 57.3%
Revenue Fall
Revenue is down for the last 4 quarters, 13.70K Cr → 11.73K Cr (in ₹), with an average decrease of 5.0% per quarter
MF Holding Down
Mutual Funds have decreased holdings from 12.11% to 11.43% in Mar 2024 quarter
Jindal Steel & Power Ltd in the last 5 years
Lowest (-230.65x)
October 1, 2018
Today (16.87x)
April 22, 2024
Industry (25.08x)
April 22, 2024
Highest (398.05x)
August 20, 2020
Funds | Holdings |
Kotak Flexicap Fund Direct Growth | 3.7% |
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 2.11% |
Kotak Equity Opportunities Direct Growth | 2.22% |
Quant ELSS Tax Saver Growth Option Direct Plan | 3.69% |
Quant Active Fund Growth Option Direct Plan | 3.12% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 61.2% | 0.00 | |
Foreign Institutions | 11.93% | 0.00 | |
Mutual Funds | 11.43% | 0.00 | |
Retail Investors | 10.41% | 0.00 | |
Others | 5.03% | 0.00 |
Technicals of Jindal Steel & Power Ltd share
News & Events of Jindal Steel & Power Ltd
Jindal Steel & Power Ltd (JINDALSTEL) share price today is ₹915.65
Jindal Steel & Power Ltd is listed on NSE
Jindal Steel & Power Ltd is listed on BSE
PE Ratio of Jindal Steel & Power Ltd is 16.87
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 17.54L.
Today’s market capitalisation of Jindal Steel & Power Ltd(JINDALSTEL) is ₹93608.38Cr.
Jindal Steel & Power Ltd(JINDALSTEL | Price |
---|---|
52 Week High | ₹945.15 |
52 Week Low | ₹503 |
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹915.65. It is down -3.12% from its 52 Week High price of ₹945.15
Jindal Steel & Power Ltd(JINDALSTEL) share price is ₹915.65. It is up 82.04% from its 52 Week Low price of ₹503
Jindal Steel & Power Ltd(JINDALSTEL | Returns |
---|---|
1 Day Returns | -2% |
1 Month Returns | 9.61% |
3 Month Returns | 32.1% |
1 Year Returns | 59.15% |