ICICI Direct's research report on Jindal Stainless Hisar
Jindal Stainless (Hisar) (JSHL) is one of the leading players in the Indian stainless steel market with its manufacturing facility located in Hisar, Haryana with an installed capacity of 0.8 million tonnes per annum (MTPA). JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio JSHL is the world's largest producer of SS strips for razor blades and India's largest producer of coin blanks
Outlook
We maintain our BUY rating on the stock We value JSHL at Rs 390, based on merger ratio.
For all recommendations report, click here
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