Jindal Steel & Power Limited (NSE: JINDALSTEL)
India
· Delayed Price · Currency is INR | Market Cap | 904.56B |
| Revenue (ttm) | 500.19B |
| Net Income (ttm) | 50.65B |
| Shares Out | 1.02B |
| EPS (ttm) | 50.33 |
| PE Ratio | 17.62 |
| Forward PE | 13.03 |
| Dividend | 2.00 (0.23%) |
| Ex-Dividend Date | Aug 22, 2024 |
| Volume | 1,348,913 |
| Open | 880.00 |
| Previous Close | 877.40 |
| Day's Range | 875.25 - 903.95 |
| 52-Week Range | 647.20 - 1,097.00 |
| Beta | 1.30 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 14, 2024 |
About Jindal Steel & Power
Jindal Steel & Power Limited operates in the steel, mining, and infrastructure sectors in India and internationally. The company offers TMT rebars, wire rods, round bars, track and head-hardened rails, sheet piles, plates, and hot-rolled coils, as well as medium and heavy hot-rolled parallel flange beams, angles, channels, and column sections. It also provides cathode bars used in the aluminium industry; Jindal Speedfloor System, a suspended concrete flooring solution; track shoes are used for heavy-duty undercarriages; fabricated sections, inc... [Read more]
Financial Performance
In 2023, Jindal Steel & Power's revenue was 500.27 billion, a decrease of -5.09% compared to the previous year's 527.11 billion. Earnings were 59.38 billion, an increase of 87.10%.
Financial StatementsNews
Morgan Stanley maintains overweight on JSPL with target of Rs 1,200; sees 26% upside
Morgan Stanley has maintained its overweight rating on Jindal Steel & Power Limited (JSPL), setting a target price of ₹1,200, which suggests a 26% upside from the current market price of ₹951.95. JSPL...
Jindal Steel & Power Q2 FY25 Results: Revenue declines 8.46% to ₹11,213.31 crore, Net Profit falls 38.11%
Jindal Steel & Power Limited reported its unaudited consolidated financial results for the second quarter of the fiscal year 2025, ending on September 30, 2024. Here are the key highlights: Revenue Qu...
Key Q2 FY24-25 results to watch today: Power Grid Corp, Tata Steel, Apollo Hospitals, Jindal Steel, Gujarat Gas, Chambal Fertilizers and more
Several notable companies are set to announce their Q2 FY24-25 results today, and investors will be keen to analyze the performance across different sectors. Here’s a list of key companies releasing t...
Diwali stock pick: JM Financial recommends buying Jindal Steel & Power, sees 19% upside to ₹1,150
JM Financial has placed a ‘Buy’ rating on Jindal Steel & Power (JSPL), with a target price of ₹1,150, forecasting a 19% upside over the next 6-12 months. The recommendation is based on the company’s s...
Man creates fake website using steel company’s name to cheat buyers, held
A 25-year-old man was arrested for operating a fraudulent website mimicking Jindal Steel and Power Limited, cheating consumers out of large sums. The scam involved fake invoices and additional user fe...
Metal Stocks Update: National Aluminium up 5.01%, NMDC down 2.33%, and Jindal Steel falls 2.33%
Metal stocks traded mixed on Thursday, with National Aluminium leading the gainers while stocks like NMDC and Jindal Steel saw notable declines. Top Gainers: National Aluminium (NATIONALUM): Up 5.01% ...
JMFS Research Diwali Stock Picks for 2024: Key Stocks to Watch
As part of the Diwali 2024 stock picks, JMFS Research has provided in-depth analysis of various stocks, including Reliance Industries, Power Grid Corporation, Bajaj Finance, ICICI Lombard, Jindal Stee...
Jindal Steel & Power Block Deal: 40.77 lakh shares change hands on NSE, worth ₹398.47 crore
Jindal Steel & Power Ltd witnessed two significant block deals on the National Stock Exchange (NSE) today, with large volumes of shares changing hands. At 11:16 AM, a block of 2,062,479 shares was tra...
Top losers today: NMDC, Tata Steel, Finolex, Caplin Point, JSW Steel, and Jindal Steel lead declines
In early trade today, several stocks have posted significant losses, with metals and industrial sectors taking a hit. Here is a look at the top losers as of 9:44 AM: NMDC Ltd: ₹215.39 (-5.84%) Tata St...
Metal stocks update: Jindal Steel, Hindustan Zinc show gains; NMDC, Adani Enterprises, and Hindalco lead the losses
The metal sector faced mixed performances during today’s trading session, with the majority of stocks slipping into the red. Some key players managed to hold their ground, showing signs of resilience....
Stocks hitting 52-week highs: BSE, Jubilant Ingrevia, Amber Enterprises, Deepak Fertilizers, JSW Steel, and Jindal Steel
Several stocks reached their 52-week highs in today’s trading session, showcasing strong upward momentum: BSE Ltd. surged 7.96% to ₹4,166.10, marking a new high. Jubilant Ingrevia hit ₹824.45, up 6.37...
Market movers: BSE rises 6.90%, JP Power up 4.96%, JSW Steel gains 1.98%, Jindal Steel climbs 2.43%, Eris Lifesciences up 3.56%, Just Dial adds 2.53% among key gainers
The Indian stock market saw strong early trading action today, with several key stocks experiencing significant price movements across various sectors: BSE Ltd. emerged as one of the top gainers, surg...
Jindal Steel & Power: Rs 97.09 crore block deal pushes stock up by 1%
Shares of Jindal Steel and Power Limited (JSPL) rose by over 1% after a significant block deal worth ₹97.09 crore. Around 950,560 shares were traded at an average price of ₹1021.40. As of 2:34 pm the ...
Tata Steel, JSW Steel and Hindalco shares surge today after Macquarie turns bullish
At 9:17 AM today, shares of Tata Steel, JSW Steel, and Hindalco saw strong upward momentum following a bullish update from Macquarie. The brokerage upgraded its outlook on multiple metal stocks, raisi...
Jindal Steel signs MOU with Jindal Renewable Power to invest in green hydrogen production
Jindal Steel (JSPL) and Jindal Renewables (JRPL) have signed a major Memorandum of Understanding (MOU) to carry out India’s largest investment in green hydrogen by any Indian steelmaker to date. This ...
Jindal, Zimbabwe in Talks for $800 Million Power-Plant Revamp
Zimbabwe’s state-owned power utility is in talks with Jindal Steel & Power Ltd. over a $800 million upgrade of six units at its Hwange facility as it seeks to reduce blackouts.