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Jindal Stainless Ltd.
Share Price Target & Analysis

NSE:JSL

708.11

VWAP

706.40

Open

683.75

Close

713.00

High

700.30

Low

748.00

52 Week High

706.50 ⇩
-0.60 (-0.08%)

JSL

(METALS)
91.2% Momentum

Trending & Favourite

276.10

52 Week Low

30.73

EPS

24.22

PE

4.25

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: JSL Share Price Financial Analysis & Valuation

Jindal Stainless Ltd. (JSL) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Mid Cap company with Market Capitalization of Rs 10224.1 (in Cr). Total number of free float shares are 47.9 (in Lacs). Jindal Stainless Ltd. is listed on NSE with Exchange ID - INE220G01021 and trading code is NSE:JSL with short name Jindal Stainles.

In the past 1 year, Jindal Stainless Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of JSL at Rs 706.50, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:JSL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine JSL underlying value and future prospects. All of this data is available in JSL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:JSL, it is clearly understood that JSL is Economical performer in terms of earnings and profit margins with an EPS of 30.73. NSE:JSL book value per share as of today is 166.38. The current price to book ratio for JSL as of May 18, 2024 is 4.25.

Valuation of the Stock: The current valuation of JSL stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of JSL whether to BUY this stock at current valuation. The delivery percentage of JSL is 54.85% is very crucial parameter which shows that 54.85% investors are anticipating that the price of JSL share should go up with VWAP at 708.11.

Now, the main question is whether to BUY or SELL, NSE:JSL at current valuation.
As per latest Analysis No. #1780:-

⇑ STRONG BUY JSL if All Greens

⇗ BUY JSL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD JSL (With Stop Loss) if only 1 Green

⇘ SELL JSL if NO Green Indicator

NSE: JSL Share Price Today (May 18, 2024)

(Jindal Stainless Ltd. Daily Analysis on the basis of JSL Intraday Graph & Trend)

Jindal Stainless Ltd. share price moved Down by -0.08% from its previous close of Rs 683.75. JSL stock last traded price is 706.50. JSL share price trend is Down with a total of 42311 stocks traded till now. It has touched an intraday high of Rs 713.00 and an intraday low of Rs 700.30. The JSL trading at 706.50, Down by Rs. -0.60, or -0.08 percent which suggests that most of the Traders are anticipating that the price of JSL share should go Down.

NSE: JSL Share Price Tomorrow Prediction

(Jindal Stainless Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of JSL)

Jindal Stainless Ltd. share price moved Down by -0.08%. JSL share price short term trend is Down. It suggests that JSL Share Price for Tomorrow remains the same with VWAP at 708.11 will be treated as stop loss for intraday traders. Jindal Stainless Ltd. Long term investors can follow the JSL long term trend as mentiond in future forecast table.

NSE Code

NSE: JSL

JSL Share Price Today

 706.50

JSL Share Price Target Prediction for 2024 ^

 493.3 - 751.7

JSL Share Price Target Prediction for 2025*^

 751.7 - 800.8

JSL Share Price Target Prediction for 2026*^

 800.8 - 856.9

JSL Share Price Target Prediction for 2027*^

 900

JSL Share Price Target Prediction for 2028*^

 926

JSL Share Price Target Prediction for 2030*^

 1009
JSL Current Book Value 2023
165.5

*Jindal Stainless Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^JSL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

JSL Technical Analysis

Candlestick Pattern: @682.85

JSL Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 688.34 SELL 692.39 SELL
MA_12 702.56 SELL 698.7 SELL
MA_20 703.96 SELL 699.59 SELL
MA_32 703.39 SELL 694.51 SELL
MA_50 691.95 SELL 683.66 SELL
MA_100 652.72 BUY 651.2 BUY
MA_200 554.55 BUY 561.1 BUY

JSL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 703.96 Downtrend
MACD -4.26 SELL
ADX 17.81 NO or Weak Trend
DMI (+/-) 16.28 / 21.67 Downtrend

JSL Momentum Oscillators

BUY (0) NEUTRAL (10) SELL (2)
Momentum Oscillators Value Action
RSI 45.89 Neutral
STOCHASTIC_K (Fast) 57.01 Neutral
STOCHASTIC_D (Slow) 55.41 Neutral
CCI -64.74 Neutral
PSAR 728.35 SELL
TRUE RANGE 33.05 Neutral
ATR 28.46 Neutral
WILLIAMS R -69.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 24.35 Neutral
STOCHASTIC RSI D 44.89 Neutral
MOMENTUM -0.05 SELL

JSL Last 1 Year Trend

Duration Value
1 Year 130.61%
3 Months 8.57%
1 Month -0.01%
1 Week -1.55%

JSL Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 37%
SELL 50%

Most popular Questions & Answers about JSL


Jindal Stainless Ltd. stock last traded price is 706.50. JSL share price moved Down by -0.08% from its previous close of Rs 683.75.

Jindal Stainless Ltd. share price trend is Down with a total of 42311 stocks traded till now. It has touched an intraday high of Rs 755.48 and an intraday low of Rs 700.30. The JSL trading at 706.50, Down by Rs. -0.60, or -0.08 percent which suggests that most of the Traders are anticipating that the price of JSL share should go Down and the Stop Loss will be around 708.11.

The market cap of Jindal Stainless Ltd. is ₹10224.1 (in Cr) as of May 17, 2024.

The current price to earning ratio for Jindal Stainless Ltd. as of May 17, 2024 is 24.22.

The current price to book ratio for Jindal Stainless Ltd. as of May 17, 2024 is 4.25.

The highest price of Jindal Stainless Ltd. stock is ₹748.00 in the last 52-week.

The lowest price of Jindal Stainless Ltd. stock is ₹276.10 in the last 52-week.

Jindal Stainless Ltd. share trading at ₹706.50, Down by Rs. -0.60, or -0.08 percent which suggests that most of the traders are anticipating that the price of JSL share should go Down.

In 2023, Stock price target for Jindal Stainless Ltd. (JSL) are ₹493.3 on downside and ₹751.7 on upside. Jindal Stainless Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Jindal Stainless Ltd. (JSL) are ₹751.7 on downside and ₹800.8 on upside. Jindal Stainless Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Jindal Stainless Ltd. (JSL) are ₹800.8 on downside and ₹856.9 on upside. Jindal Stainless Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Jindal Stainless Ltd. (JSL) will be around ₹926 Jindal Stainless Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of JSL.

As per the fundamental analysis of Jindal Stainless Ltd. (JSL), it is of Economical quality in terms of earnings and profit margins with an EPS of 30.73. Jindal Stainless Ltd. book value per share as of today is 166.38. The current price to book ratio for JSL as of May 18, 2024 is 4.25.


NSE:JSL News & Other Useful Information about JSL Share Price


Peer Comparison of NSE: JSL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 523.35 12.97 32.49
JSL 706.50 30.73 166.38
INCREDIBLE 38.80 1.23 27.08
USHAMART 352.60 10.57 43.31
TIIL 2372.25 76.36 513.41
MUKANDLTD 165.00 7.17 65.49
LSIL 62.45 0.7 3.2
VSSL 318.50 11.26 78.91
RAMASTEEL 12.85 0.16 58.43
KAMDHENU 508.50 18.61 88.13
Updated at: 17 May 2024 15:41

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