Jindal Steel Limited (NSE:JINDALSTEL)
India · Delayed Price · Currency is INR 1,009.80
-27.20 (-2.62%)
Oct 23, 2026, 1:30 PM IST
Jindal Steel Stock Forecast
Stock Price Forecast
According to 32 analysts polled by S&P Global, Jindal Steel stock has a consensus rating of "Buy" and an average price target of ₹1,223. The average 1-year stock price forecast is 21.10% higher than the current stock price, while the lowest is ₹590.00 (-41.57%) and the highest is ₹1,410 (+39.63%).
Price Target: ₹1,223 (+21.10%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on May 3, 2026.
Analyst Ratings
The average analyst rating for Jindal Steel stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 13 | 12 | 18 | 17 | 17 |
| Buy | 8 | 9 | 9 | 6 | 6 | 5 |
| Hold | 5 | 5 | 6 | 4 | 4 | 4 |
| Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 3 | 2 | 2 | 2 | 2 | 2 |
| Total | 29 | 31 | 31 | 32 | 31 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst BOB Capital Markets No rating | BOB Capital Markets | Hold Maintains ₹1,297 | Hold | Maintains | ₹1,297 | +28.44% | May 3, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Initiates ₹1,335 | Hold | Initiates | ₹1,335 | +32.20% | Apr 26, 2026 |
Financial Forecast
Revenue This Year
692.56B
from 532.25B
Increased by 30.12%
Revenue Next Year
816.75B
from 692.56B
Increased by 17.93%
EPS This Year
57.57
from 39.69
Increased by 45.04%
EPS Next Year
87.37
from 57.57
Increased by 51.75%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.