Jindal Steel Limited (NSE:JINDALSTEL)
India · Delayed Price · Currency is INR 1,142.00
-7.50 (-0.65%)
Jun 16, 2026, 3:30 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 ₹1,286. The average 1-year stock price forecast is 12.61% higher than the current stock price, while the lowest is ₹595.00 (-47.90%) and the highest is ₹1,450 (+26.97%).
Price Target: ₹1,286 (+12.61%)
Analyst Consensus: Buy
* 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 12 | 13 | 12 |
| Buy | 7 | 8 | 8 | 8 | 9 | 9 |
| Hold | 4 | 3 | 3 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 3 | 2 | 2 |
| Total | 28 | 28 | 28 | 29 | 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 | +13.57% | May 3, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Initiates ₹1,335 | Hold | Initiates | ₹1,335 | +16.90% | Apr 26, 2026 |
| ICICI Securities | ICICI Securities | Hold Maintains ₹1,200 | Hold | Maintains | ₹1,200 | +5.08% | Feb 5, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹1,301 | Buy | Maintains | ₹1,301 | +13.92% | Feb 1, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Buy Maintains ₹1,290 | Buy | Maintains | ₹1,290 | +12.96% | Jan 31, 2026 |
Financial Forecast
Revenue This Year
690.19B
from 532.25B
Increased by 29.67%
Revenue Next Year
810.52B
from 690.19B
Increased by 17.43%
EPS This Year
67.95
from 39.69
Increased by 71.19%
EPS Next Year
94.57
from 67.95
Increased by 39.16%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 748.2B | ||
| Avg | 690.2B | ||
| Low | 618.4B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 40.6% | ||
| Avg | 29.7% | ||
| Low | 16.2% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 82.30 | ||
| Avg | 67.95 | ||
| Low | 53.70 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 107.3% | ||
| Avg | 71.2% | ||
| Low | 35.3% |