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Buy Jindal Stainless; target of Rs 810: Motilal Oswal

Motilal Oswal is bullish on Jindal Stainless recommended buy rating on the stock with a target price of Rs 810 in its research report dated June 16, 2025.

June 17, 2025 / 11:45 IST
buy

Motilal Oswal's research report on Jindal Stainless

We initiated coverage on Jindal Stainless (JSL) on 13th May’25 at a price of INR610 for a target price of INR770. The stock has gained 20% after our report in one month and we believe there is further steam left. The company’s expansion projects and cost-saving initiatives would ensure stable earnings growth ahead.

Outlook

We retain our positive stance on the stock with a TP of INR810.

For all recommendations report, click here

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Jindal Stainless - 17062025 - moti

Broker Research
first published: Jun 17, 2025 11:45 am

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