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New Delhi, May 14, 2025 — Jindal Stainless Limited (JSL) has demonstrated a robust performance in the fiscal year 2024–25, aligning with the broader gains observed in the steel sector. The company's strategic initiatives and favorable market conditions have contributed to its upward trend.
Record Sales Volume: JSL achieved a sales volume of 2.37 million tonnes in FY2024–25, marking a 9% increase over the previous fiscal year.
Financial Performance: The company reported a standalone net revenue of ₹40,182 crore, a 5% year-on-year growth. EBITDA stood at ₹3,905 crore, and PAT increased by 7% to ₹2,711 crore.
Dividend Declaration: JSL's Board of Directors recommended a final dividend of ₹2 per share for FY2024–25, totaling a 150% dividend payout.
Stock Performance: The company's stock has shown positive momentum, with analysts from Motilal Oswal initiating coverage with a 'Buy' rating and a target price of ₹770, indicating a potential upside of approximately 24%.
Jindal Stainless has shown notable activity today, gaining 3.09% as of May 14, 2025. This increase aligns with the broader performance of the Steel/Sponge Iron/Pig Iron sector, which has risen by 2.59%. Over the past three days, Jindal Stainless has demonstrated a strong upward trend, accumulating a total return of 10.55%.
The stock reached an intraday high of Rs 642.9, marking a 2.78% increase during the trading session. In terms of moving averages, Jindal Stainless is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the context of the overall market, the Sensex has continued its upward trajectory, climbing 306.49 points to reach 81,584.98. The index is trading above its 50-day moving average, while the 50-day moving average is below the 200-day moving average.
Despite a challenging year-to-date performance of -7.27%, Jindal Stainless has shown impressive long-term growth, with a remarkable 344.47% increase over the past three years and an extraordinary 2148.61% rise over the last five years.
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