Who owns Jindal Stainless?

Ratan Jindal is the Chairman of India’s largest stainless steel manufacturing group, Jindal Stainless. Part of the USD 25 billion (March’19) OP Jindal Group, the foundation of Jindal Stainless was laid with its incorporation in 1970.

Is Jindal Stainless a good buy?

Jindal Stainless Limited (NSE: JSL)

As on 30th Sep 2022 JSL SHARE Price closed @ 125.25 and we RECOMMEND Sell for LONG-TERM with Stoploss of 160.20 & Buy for SHORT-TERM with Stoploss of 124.41 we also expect STOCK to react on Following IMPORTANT LEVELS.

What does Jindal Stainless do?

Jindal Stainless Limited is India’s largest stainless steel producer with a melt capacity of 1.1 million tonnes per annum.

What are the products of Jindal?


  • Rails.
  • Parallel Flange Beams & Columns.
  • Plates & Coils.
  • Angles & Channels.
  • Wire Rods.
  • Round Bars.
  • Speedfloors.
  • Jindal Panther TMT Rebars.

What is Jsw full form?

JSW Steel Ltd was originally incorporated as Jindal Vijayanagar Steel Ltd on March 15 1994.

Is Jindal and JSW same?

Sajjan Jindal, the reclusive 60-year-old billionaire chairman of JSW Group, began his career with a steel plant in 1982 and is now head of the country’s largest steel company, JSW Steel.

Is Jindal Stainless good for long-term?

Crisil Ratings has upgraded the long-term bank facilities ratings of Jindal Stainless (JSL) to AA-/Stable. The previous assigned rating was Crisil A+/Stable. The rating of JSL’s short-term bank facilities have been reaffirmed at Crisil A1+.

Does Jindal Steel gives dividend?

The Board has proposed a final dividend of ₹2/-per equity share for the financial year 2021-22, subject to approval of the members at the ensuing Annual General Meeting (taking together dividend for the financial year 2021-22 to ₹3/-per equity share) on shares of ₹1 each.

How many types of Jindal steel are there?

Jindal Stainless is India’s largest manufacturer of stainless steel in 200, 300, 400 and duplex stainless steel products. Our product range includes stainless steel slab, bloom, coils, plates, sheets, precision strips, blade steel, and coin blanks.

Is JSW and Jindal same?

JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and part of the O.P. Jindal Group. The Group’s diverse businesses include Steel, Energy, Mining, Ports, and Cement, across India, the United States, South America, and Africa.

Which is the largest steel company in India?

Steel Authority of India Limited (SAIL) is the largest steel-making company in India and one of the seven Maharatna’s of the country’s Central Public Sector Enterprises.

Which steel is best Tata or Jindal?

This indicates JSW Steel has a better sales performance than Tata Steel. It’s also managing its inventory better.

Which steel is best in India?

Top 10 Steel companies in India

  • JSW Steel.
  • Steel Authority of India Limited (SAIL)
  • Jindal Steel and Power.
  • Hindalco Industries.
  • TATA Steel BSL.
  • Jindal Stainless.
  • TATA Steel Long Products. Tata Steel Long Products (TSLP), previously known as Tata Sponge Iron Limited, is a high alloy steel manufacturer.
  • Godawari Power and Ispat.

Is JSL debt free?

As you can see below, Jindal Stainless had ₹30.9b of debt, at September 2021, which is about the same as the year before. You can click the chart for greater detail. However, it does have ₹2.11b in cash offsetting this, leading to net debt of about ₹28.7b.

Will Jindal Steel share price go up?

Jindal Steel & Power Ltd. quote is equal to 418.300 INR at 2022-09-29. Based on our forecasts, a long-term increase is expected, the “Jindal Steel Amp Power Ltd” stock price prognosis for 2027-09-24 is 930.973 INR. With a 5-year investment, the revenue is expected to be around +122.56%.

Is Tata Power giving dividend?

For the year ending March 2022 Tata Power Company has declared an equity dividend of 175.00% amounting to Rs 1.75 per share.

What is JSW full form?

Which is the No 1 steel in India?

Sajjan Jindal-owned JSW Steel is now the largest steel maker in the country ahead of long-time market leader Steel Authority of India (SAIL). Last year, the company had overtaken Tata Steel to become the number two in the industry.

Which steel is no1?

As per the Ministry of Steel, India is the second-largest crude steel producer globally, with a capacity of over 138 million tonnes.

10. Jindal Stainless (Hisar) Ltd.

No Company Name
1 Tata Steel Ltd
2 JSW Steel Ltd
3 Steel Authority of India Ltd
4 Essar Steel India Ltd

Which brand TMT is best?

List of top 10 TMT Bar manufacturers from India:

  • Prime Gold Group.
  • TATA Tiscon 550 SD.
  • JSW Neosteel Fe 550D.
  • Jindal Panther Fe 550D TMT.
  • Kamdhenu Nxt.
  • SRMB 500+ SR.
  • Essar TMT Bars.

Who is India’s No 1 steel company?

Is JSW Steel debt free?

What Is JSW Steel’s Net Debt? The image below, which you can click on for greater detail, shows that at March 2022 JSW Steel had debt of ₹699.8b, up from ₹611.4b in one year. However, because it has a cash reserve of ₹173.9b, its net debt is less, at about ₹525.9b.

How much debt does Tata Steel have?

The steelmaker has reduced ₹24,340 crore net debt in the financial year 2021-22 (FY22).

Is Jindal Steel good for long term?

“Jindal Stainless is a fundamentally strong company well positioned among stainless steel makers. It is a good stock and very attractive from a long-term investment perspective,” AK Prabhakar, Head of Research at IDBI Capital Markets, told CNBCTV18.com.

Is Jindal Steel in loss?

Company has reported net profit after tax of Rs 2,770.92 Crore in latest quarter.