Add Jindal Stainless, target price Rs 211: Centrum Broking
Time period given by analyst is one year when Jindal Stainless Ltd. price can reach defined target.
Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 8928.15 Crore) operating in Metals – Ferrous sector.
Jindal Stainless Ltd. key Products/Revenue Segments include Steel, Job Work, Sale of services, Export Incentives, Other Operating Revenue and Gases for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 5041.26 Crore, up 24.71 % from last quarter Total Income of Rs 4042.32 Crore and up 51.61 % from last year same quarter Total Income of Rs 3325.15 Crore. Company reported net profit after tax of Rs 385.32 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 68.6 per cent stake in the company as of 30-Sep-2021, while FIIs owned 14.33 per cent, DIIs 6.63 per cent.
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