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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