Jindal Steel

Ajit Mishra expects upside momentum to continue in metal shares for now. Among individual stocks he predicts up to 18% upside in Jindal Steel, National Aluminium and NMDC.

The companies could decide to officially stop negotiations as soon as next month, one of the people said

While talks over a sale of Thyssenkrupp Steel Europe (TKSE) are ongoing and could ‌still result in an agreement, a deal is now seen as less likely after nearly six months of discussions

Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions

According to Shrikant Chouhan of Kotak Securities, JSL remains a leading integrated steel and mining player with strong operational capabilities

Juergen Kerner said labour representatives ‌had presented Jindal, which has been doing due diligence on Thyssenkrupp's steel unit since October, with a detailed questionnaire

Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each

In the ferrous space, analysts at ICICI Securities don't foresee any major impact due to ongoing geopolitical tensions as exports share of total steel production is pegged at <6 per cent.

Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600

The policy support, safeguard measures, and the likelihood of regulatory adjustments are improving industry visibility, say analysts.

Jindal Stainless has partnered with the Indian Railways to manufacture stainless steel salt containers in the country. The integration of stainless steel into salt transport logistics marks remarkable milestone indicating growing consumption of corrosion free value-added steel in the Railways industry, Jindal Stainless said. In a statement, the company said it has partnered with Indian Railways to develop India's first corrosion-resistant stainless steel salt container. A prototype successfully underwent loading and unloading trials at Bhimasar, Gandhidham, Gujarat on February 10, 2026. The 20-foot salt container has been fabricated entirely in 304 grade stainless steel. Commenting on the partnership, company's Managing Director Abhyuday Jindal said salt transportation is highly vulnerable to corrosion, particularly in coastal environments, leads to frequent repairs, premature asset failure, and significant resource wastage. "With India's container market growing steadily, driven

Aakash Shah, technical analyst at Choice Equity Broking expects Jindal Steel stock to rally towards ₹1,180-1,220 target zone in the coming weeks.

Axis Securities bets on JSW Steel's position at the brink of capacity expansion, its growing product portfolio, and attractive valuation

Jindal Steel plans to double its structural steel manufacturing capacity to 2.4 MTPA by mid-2028, aimed at addressing the growing demand for heavy and ultra-heavy structural steel sections.

In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely overshadows the preceding day's price action on the charts.

Indian steelmakers may see weaker Q3FY26 margins, but Jindal Steel's capacity expansion, rising volumes and higher share of value-added products could aid recovery

The brokerage believes that cost efficiencies from increased captive coal, a slurry pipeline, and higher captive power generation will support margins

Jindal Steel has made an indicative bid for TKSE, Europe's second-largest steelmaker, and is currently carrying out detailed due diligence to assess whether to launch a formal offer for business

Nomura says the broad-based slowdown validates earlier expectations of a sharper demand slump in the second half of the year.

Jindal Stainless posted a 32% rise in Q2 profit to Rs 807 crore, driven by higher sales and strong domestic demand, even as the company flagged pressure from low-cost imports