Jindal Steel Limited (NSE:JINDALSTEL)
India · Delayed Price · Currency is INR 1,028.80
-22.50 (-2.14%)
Jul 13, 2026, 3:29 PM IST
Jindal Steel Stock Forecast
Stock Price Forecast
According to 33 analysts polled by S&P Global, Jindal Steel stock has a consensus rating of "Buy" and an average price target of ₹1,276. The average 1-year stock price forecast is 24.02% higher than the current stock price, while the lowest is ₹595.00 (-42.17%) and the highest is ₹1,450 (+40.94%).
Price Target: ₹1,276 (+24.02%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 12 | 13 | 12 | 12 |
| Buy | 8 | 8 | 8 | 9 | 9 | 9 |
| Hold | 3 | 3 | 5 | 5 | 6 | 6 |
| Sell | 1 | 1 | 1 | 2 | 2 | 1 |
| Strong Sell | 2 | 2 | 3 | 2 | 2 | 3 |
| Total | 28 | 28 | 29 | 31 | 31 | 31 |
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 | +26.07% | May 3, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Initiates ₹1,335 | Hold | Initiates | ₹1,335 | +29.76% | Apr 26, 2026 |
| ICICI Securities | ICICI Securities | Hold Maintains ₹1,200 | Hold | Maintains | ₹1,200 | +16.64% | Feb 5, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹1,301 | Buy | Maintains | ₹1,301 | +26.46% | Feb 1, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Buy Maintains ₹1,290 | Buy | Maintains | ₹1,290 | +25.39% | Jan 31, 2026 |
Financial Forecast
Revenue This Year
685.22B
from 532.25B
Increased by 28.74%
Revenue Next Year
811.44B
from 685.22B
Increased by 18.42%
EPS This Year
65.90
from 39.69
Increased by 66.03%
EPS Next Year
93.74
from 65.90
Increased by 42.23%
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 | 685.2B | ||
| Low | 612.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 40.6% | ||
| Avg | 28.7% | ||
| Low | 15.0% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 82.30 | ||
| Avg | 65.90 | ||
| Low | 34.60 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 107.3% | ||
| Avg | 66.0% | ||
| Low | -12.8% |