Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Buy Jindal Steel & Power, target price Rs 238: Motilal Oswal.

Date: 28-09-2020
Subject: Buy Jindal Steel & Power, target price Rs 238: Motilal Oswal
Motilal Oswal has given buy rating to Jindal Steel & Power with a target price of Rs 238. The share price moved up by 3.41 per cent from its previous close of Rs 175.90. The stock’s last traded price is Rs 181.90.

Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 17936.98 Crore) operating in Metals - Ferrous sector.

Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items which contributed Rs 27578.86 Crore to Sales Value (98.97 % of Total Sales), Other Operating Revenue which contributed Rs 205.06 Crore to Sales Value (0.73 % of Total Sales), Export Incentives which contributed Rs 61.91 Crore to Sales Value (0.22 % of Total Sales) and Scrap which contributed Rs 17.50 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 9278.77 Crore, up 5.31 % from last quarter Sales of Rs 8810.68 Crore and down -6.70 % from last year same quarter Sales of Rs 9945.58 Crore. Company reported net profit after tax of Rs 267.58 Crore in latest quarter.

Investment Rationale

The brokerage has raised Jindal Steel and Power standalone EBITDA by 9% in FY21 and 8% in FY22 and TP by 5% to INR 238. However, it now factors in the divestment of Oman business and thus consolidated EBITDA is lower by 6% in FY22.

Promoter/FII Holdings

Promoters held 60.48 per cent stake in the company as of March 31, 2020, while FIIs held 13.40 per cent, DIIs 12.35 per cent and public and others 13.77 per cent.


Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 24-10-2020

Date: 21-10-2020
Notification No. 38/2020-Customs
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors.

Date: 21-10-2020
Notification No. 07/2020 – Central Excise
Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors

Date: 20-10-2020
Notification No. 37/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

Date: 15-10-2020
Notification No. 99/2020 - Customs (N.T.)
Exchange rate Notification No.99/2020-Cus (NT) dated 15.10.2020- regd.

Date: 13-10-2020
Trade Notice No. 30/2020-2021-DGFT
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Date: 09-10-2020
Notification No. 39/2015-2020
Amendment in Export Policy of Onions

Date: 08-10-2020
Circular No. 44/2020-Customs
Procedure for inspection of ICDs/CFSs/AFSs -reg

Date: 08-10-2020
Notification No. 49/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 07-10-2020
Public Notice No.24 /2015-20
Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001