2 weeks Ago
JM Financial has buy call on Jindal Stainless with a target price of Rs 910. The current market price of Jindal Stainless is Rs 787.75.
Jindal Stainless, incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 64,849.59 Crore) operating in Metals - Ferrous sector. Jindal Stainless key Products/Revenue Segments include Steel, Sale of services, Export Incentives, Other Operating Revenue and Job Work for the year ending 31-Mar-2024.
Financials For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 9,480.50 Crore, down -.30 % from last quarter Total Income of Rs 9509.
00 Crore and down -7.30 % from last year same quarter Total Income of Rs 10,227.20 crore.
Company has reported net profit after tax of Rs 647.50 Crore in latest quarter. Promoter/FII Holdings Promoters held 60.
49% stake in the company as of 30-Jun-2024, while FIIs owned 22.49%, DIIs 6.25%.
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