Motilal Oswal maintains a positive outlook on Jindal Steel, increasing their price forecast to ₹1,450 and advising investors to consider purchasing shares.

Steel consumption in India increased by 8.1% year-on-year in April, reaching 12.99 million tonnes. Major domestic steel categories have witnessed price recovery as reported by the Steel Ministry.

Motilal Oswal has recommended buying Jindal Steel, suggesting a promising outlook for the company's shares, currently priced at Rs. 1260.85, as per a May 26 report.

CLSA maintains a positive stance on Jindal Steel, forecasting a price target of ₹1,420, based on robust Q4 earnings driven by a 23% increase in volume. The firm's optimism is bolstered by future production targets, the expansion of Angul operations, and an anticipated 40% EBITDA growth rate. However, potential execution risks have been acknowledged.

Elara Capital maintains a bullish stance on Jindal Steel, boosting its target price to ₹1,279, implying potential growth based on their optimistic view of the company's future performance. The previous target of ₹1,187 was adjusted upward due to an improved outlook. Investors might consider adding Jindal Steel to their portfolios, given this positive recommendation from Elara Capital.

Jindal Steel's shares experienced a 4% increase following the release of their Q4 results, buoyed by positive brokerage projections and revised price targets. This optimistic forecast suggests a promising outlook for the company.

Morgan Stanley maintains a positive outlook on Jindal Steel, predicting a potential price of INR 1,250 and encouraging investors to consider it as an overweight investment.

Citi has downgraded Jindal Steel to 'Sell', setting a target price of ₹980 due to stagnant earnings and escalating expenses. The near-term growth potential is limited by the company's focus on ramp-up, high valuations, and uncertainties in China's market and steel prices.

Despite Jindal Steel's inline Q4 performance, IDBI Capital has lowered its rating, indicating potential challenges ahead for the company. The revised target price has been shared with premium users, suggesting a closer look at the firm's financials might be necessary.

On May 2nd, 2026, Jindal Steel held their Q4 FY26 earnings discussion, facilitated by JM Financial.

Jindal Steel's Q4 earnings show a significant increase in EBITDA, up by 29% year-over-year at ₹29.4 billion. The improved performance is also reflected in the enhanced EBITDA margin, which has risen to 18.1%.

Jindal Steel's profit after tax for FY26 reached INR 3,361 crores on revenue of INR 62,412 crores, with Adjusted EBITDA at INR 9,099 crores. They aim to produce and sell 11-11.5 million tons in FY27.

Jindal Steel has announced a final dividend of INR 2 per share for the fiscal year 2025-2026, offering shareholders a significant payout.

Jindal Steel's Q4 profits significantly improved, recording a profit of ₹1045 crore compared to a loss of ₹339 crore in the same quarter last year. The company also experienced a 23% increase in revenue, reaching ₹16,218 crore from ₹13,183 crore in the previous year, demonstrating robust growth.

Jindal Steel & Power anticipates announcing a significant revenue increase of approximately 13.5% YoY in Q4FY25, with an estimated income of Rs 14,966 crore. Notably, the projected Profit After Tax (PAT) has rebounded substantially from last year's loss, standing at Rs 830 crore. However, it is expected that margins may slightly shrink to 15.7% due to market conditions.

Jindal Steel and Zen Technologies have released their Q4 financial results for the fiscal year 2025-2026, drawing attention. Meanwhile, Punjab Chemicals and Ramkrishna Forgings are under the spotlight as they prepare to announce their Q4 results soon.

Goldman Sachs advises buying JSW Steel and Shyam Metalics, predicting a 19% and 30% increase in their shares respectively. However, Tata Steel and Jindal Steel receive a neutral rating, while NMDC is suggested to be sold due to high valuations.

Goldman Sachs maintains a neutral outlook on Jindal Steel, with a price target of ₹1,335, indicating steady performance due to robust capacity growth and cost reduction. Despite promising demand trends, the current valuations suggest limited near-term growth potential for the steel company.

Jindal Steel's valuation has moved from costly to a reasonable level, primarily due to modifications in P/E and P/BV ratios. This shift makes the stock seem more appealing than its historical standards and competitors within the ferrous metals industry.

Nuvama has changed its recommendation for Jindal Steel from 'Buy' to 'Reduce'. The new target price is set at ₹1,154 per share, a decrease from the previous ₹1,293.

Jindal Steel's share price dropped to ₹1,277 following Nuvama's downgrade, with a predicted decline of up to 10% reaching ₹1,154. This downgrade comes as Nuvama revised its FY26-FY28 EBITDA estimates by 5%-11%, anticipating that profitability will peak in Q1 FY27.

Nuvama has adjusted its forecast for Jindal Steel, lowering the target price to INR 1,154 from INR 1,293, suggesting a more cautious approach towards the stock's future performance.

Jindal Steel Limited reaches a new record high of Rs 1,290.10 on April 21, 2026, indicating a thriving ferrous metals sector and impressive market performance.

Recommended top stocks for investment include Jindal Steel, ABB India, Federal Bank, and PowerGrid, according to analysts at ScoutQuest. These companies are deemed promising by the analysts due to their potential growth prospects.

Macquarie boosts its forecast for steel giants such as Tata Steel, JSW Steel, Hindalco, and Jindal Steel, citing robust domestic demand and recovering prices in Q4FY26. Notably, JSW Steel stands out with a new target price of ₹1,353. Meanwhile, Macquarie updates ratings for Hindalco, Jindal Steel, Coal India, and Tata Steel, acknowledging mixed sectors prospects and cost challenges.

Kush Bohra reveals his stock recommendations that include Tata Power, Laurus Labs, and Apollo Hospitals, offering buy/sell advice and target prices. He notes a positive outlook for Tata Steel and Jindal Steel but warns of sector rotation towards financials.

The Sensex and Nifty saw significant growth, up by 4% and 3.9% respectively, due to a decline in crude prices. Notably, financial analyst Ruchit Jain of Motilal Oswal suggests investors consider Jindal Steel and Ather Energy for potential short-term profits. The Reserve Bank of India decided to maintain the interest rate at 5.25%.

Metal stocks have seen a significant surge of 22% since March, with Lloyds Metals and Nalco driving the growth. Analysts anticipate further gains, predicting an additional 18% upside for Jindal Steel, Nalco, and NMDC due to market momentum.

Jindal Steel is paving the way in India by using innovative syngas technology for their DRI plant. This move reduces the need for imported coal and cuts down on emissions, demonstrating a commendable commitment to sustainable practices.

Jindal Steel has switched to using syngas in its furnaces to overcome issues with natural gas and LPG shortages, ensuring smooth operations even during supply interruptions.

Ajit Mishra from Religare Broking advises investors to consider a bullish stance for the BSE market, anticipating growth. On the other hand, Jindal Steel is projected to increase, signaling an uptrend. However, Asian Paints may face bearish conditions with a possible downward movement due to market pressure.

Tata Steel and Jindal Steel could see a boost in their Q4 earnings this fiscal year due to increased domestic prices, reduced imports, and robust demand. However, potential issues with LNG supply may impact JSW Steel's spreads.

The Supreme Court is set to determine whether coke breeze qualifies for a customs duty exemption, which could significantly affect steel manufacturers like Jindal Steel due to conflicting previous rulings. A favorable ruling could restructure the tax landscape for these companies.

Investment firm Emkay is optimistic about SAIL and Jindal Steel in the ferrous sector, as well as Vedanta in the non-ferrous sector, due to escalating steel prices resulting from geopolitical tensions. Moreover, supply disruptions have positively impacted aluminum, with Vedanta anticipated to profit. Despite a 11% decline in the Nifty Metal index since March 2026, it demonstrates a robust resilience.

Jindal Steel has secured a deal to supply structural steel for SPJ True Realty's Vedatam project in Gurugram. The commercial development, covering 4.15 acres, includes approximately 1.2 million square feet of space.