Jindal Steel & Power Limited (NSE:JINDALSTEL)
India
· Delayed Price · Currency is INR | Market Cap | 966.53B |
| Revenue (ttm) | 497.65B |
| Net Income (ttm) | 28.12B |
| Shares Out | 1.02B |
| EPS (ttm) | 27.83 |
| PE Ratio | 34.05 |
| Forward PE | 15.70 |
| Dividend | 2.00 (0.21%) |
| Ex-Dividend Date | Aug 22, 2024 |
| Volume | 1,604,865 |
| Average Volume | 2,057,048 |
| Open | 964.00 |
| Previous Close | 954.80 |
| Day's Range | 946.65 - 964.00 |
| 52-Week Range | 723.35 - 1,097.00 |
| Beta | 0.98 |
| RSI | 56.94 |
| Earnings Date | Apr 30, 2025 |
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 2024, Jindal Steel & Power's revenue was 497.65 billion, a decrease of -0.52% compared to the previous year's 500.27 billion. Earnings were 28.12 billion, a decrease of -52.65%.
Financial StatementsNews
Citi raises JSPL share price target to Rs 800 but expects some downside risk to their FY26 volume estimates
Citi has maintained a ‘Sell’ rating on Jindal Steel & Power Ltd (JSPL) despite raising its target price to ₹800 from ₹675, flagging concerns around falling steel realisations, project execution delays...
Top stocks to buy tomorrow: Stock recommendations for April 21, 2025 - Jindal Steel & Reliance Infra
Stock market recommendations: Bajaj Broking Research suggests a positive outlook for the Indian stock market, highlighting Jindal Steel and Reliance Infra as top picks for April 21, 2025. Nifty and Ba...
Jindal Steel & Power acquires Allied Strips for Rs 217.5 crore
Jindal Steel & Power Limited (JSPL) has announced the acquisition of Allied Strips Limited (ASL) through its wholly owned subsidiary Jindal Steel Odisha Limited (JSO), marking a strategic move to expa...
Kotak Institutional Equities bullish on JSPL stock; maintains ‘Buy’
Kotak Institutional Equities has reiterated its bullish stance on Jindal Steel and Power Limited (JSPL), maintaining a ‘Buy’ rating with a target price of ₹1,055, implying an upside of nearly 16% from...
Jindal Steel & Power wins bid for Saradhapur Jalatap East Coal Block
Jindal Steel & Power (JSP) has emerged as the successful bidder for the Saradhapur Jalatap East coal block in Round-11 of the commercial coal block auctions conducted by the Ministry of Coal. The agre...
Buy calls for today: Stock recommendations for March 6, 2025
Top stock market recommendations: Aakash K Hindocha from Nuvama suggests buying Indigo, Jindal Steel, and Medanta. Nifty shows signs of recovery after 10 days of decline with support, while Bank Nifty...
Jindal Steel & Power stock declines 10% after weak Q3 earnings; Citi maintains ‘Sell’
Jindal Steel & Power Ltd (JSPL) saw its shares decline 10% to ₹756.05 during the trading session after the company reported a 51% year-on-year (YoY) drop in consolidated net profit for Q3 FY25 to ₹951...
Metal stocks today: SAIL up 5.56%, NMDC gains 5.02%, Hindustan Zinc adds 4.32%, Vedanta rises 4.06%
As of 2:42 PM, the metal stocks are shining bright on the trading charts, with key players in the sector recording notable gains. Here’s a detailed look at the top performers: Stock LTP (₹) % Change S...
Nuvama maintains ‘buy’ on JSPL stock, sees 40% upside potential
Nuvama has reiterated its “buy” rating on Jindal Steel & Power Limited (JSPL), assigning a target price of ₹1,292. This implies a potential upside of 40% from the current market price of ₹924.00. Key ...
Jindal Steel shares jump 2% after antique reiterates ‘Buy’ call with target price of Rs 1,183
Shares of Jindal Steel & Power Limited (JSPL) surged more than 2% after Antique maintained its Buy rating with a target price of ₹1,183, citing the company’s ambitious growth plans and robust financia...
Antique reiterates Buy call on JSPL, target price at Rs 1,183
Antique has reiterated its optimism for Jindal Steel & Power Limited (JSPL), maintaining a Buy rating and a target price of ₹1,183
Interarch Building shares surge 2% after strategic partnership with JSPL
Interarch Building’s stock rose 2% following its announcement of a strategic partnership with Jindal Steel & Power Ltd (JSPL). The company shares opened at 1,669.35, reaching a high of 1,745.00 and a ...
Interarch Building and Jindal Steel partner to transform India’s urban infrastructure
Interarch Building Products Limited, a leader in Pre-Engineered Building (PEB) solutions, has entered into a strategic partnership with Jindal Steel & Power Ltd (JSPL), a top steel manufacturer, to tr...
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...