Risk factor
Modest price volatility
Profitability factor
Strong margins and returns
About
Jindal Stainless Limited manufactures and sells stainless steel products in India and internationally. The company provides ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. Its products are used in automobile, railway and transport, architecture, building and construction, chemical and petrochemical, capital goods, consumer durables, nuclear, precision strip and blade steel, coin blanks, plumbing, and process markets. The company was founded in 1970 and is based in New Delhi, India.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of JSL.NS is 817 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell