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    HomeNewsBusinessStocksBuy Jindal Stainless Hisar; target of Rs 351: ICICI Direct

    Buy Jindal Stainless Hisar; target of Rs 351: ICICI Direct

    ICICI Direct is bullish on Jindal Stainless Hisar recommended buy rating on the stock with a target price of Rs 351 in its research report dated November 05, 2022.

    Broker Research
    November 09, 2022 / 15:11 IST
       
       
      26 Aug, 2025 12:21
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      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. JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio • JSHL operates an integrated stainless steel plant at Hisar, Haryana. JSHL has a total melting capacity of 0.8 million tonnes per annum (MTPA).

      Outlook

      We maintain our BUY rating on the stock. We value JSHL at Rs 351, based on merger ratio.

      For all recommendations report, click here

      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.

      Jindal Stainless Hisar - 07-11-2022 - icici
      Broker Research
      first published: Nov 9, 2022 03:11 pm

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