Moneycontrol PRO
UPCOMING EVENT:Moneycontrol Pro & Espresso presents Nifty Banker 2.0 - India's First Retail Index Traders Online Conference. 12 Webinars at Early bird offer of just Rs.50/- per webinar exclusive for Moneycontrol Pro subscribers. Register now!

Buy Jindal Stainless Hisar; target of Rs 390: ICICI Direct

ICICI Direct is bullish on Jindal Stainless Hisar has recommended buy rating on the stock with a target price of Rs 390 in its research report dated August 02, 2021.

August 05, 2021 / 09:53 AM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

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

Close

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Broker Research
first published: Aug 5, 2021 09:53 am

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark