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'Buy' Jindal Stainless Shares Maintains Motilal Oswal, Revises Target Price — Here's Why
Jindal Stainless’ three-pronged investment strategy, totaling Rs 57 billion, focuses on capacity expansion, downstream enhancement, and diversification, adds the brokerage.
17 Jun 2025, 12:18 PM IST 
At current market price, Jindal Stainless stock trades at 9.6x EV/Ebitda and 2.5x price/book value on FY27E.
(Photo source: Company website)
From being solely a flat stainless steel producer to a diversified long stainless steel player, Jindal Stainless has expanded into rebar, wire rods, and others, unlocking significant infrastructure opportunities.
