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JIST – Jindal Stainless Ltd

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Recommendation Rating

1.57

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 2.68

Low: 1.13

High: 3.78

Total Analysts: 7

Company Profile

Jindal Stainless Limited is engaged in the business of manufacturing of stainless-steel flat products in austenitic, ferritic, martensitic and duplex grades. Its product range includes ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. Its applications include architecture, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications, and precision strip and blade steel. It offers a range of stainless-steel products in 200 series, 300 series, 400 series, and duplex stainless steel grades. It is also engaged in the development of stainless-steel e rickshaw, food grade stainless steel, stainless steel fuel tanks, and exhaust systems in commercial vehicles, stainless steel bus body, railway coaches and wagons, and special finishes. It operates a stainless-steel plant at Jajpur, Odisha, with a capacity of 1.1 million tons per annum.

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