{"id":299882,"date":"2026-10-09T17:47:14","date_gmt":"2026-10-09T12:17:14","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299882"},"modified":"2026-10-09T17:47:14","modified_gmt":"2026-10-09T12:17:14","slug":"jindal-stainless-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/","title":{"rendered":"Jindal Stainless Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jindal Stainless share price Rs 707.55 (9 October 2026). Base target Rs 765, bull Rs 929, downside risk Rs 565. PE 17.97. 52W range Rs 652.25 to Rs 884.00.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Jindal Stainless share price target for 2027 is Rs 765, about 8.1% above the current price of Rs 707.55. The bull case is Rs 929, and the downside risk level, which is not a target, is Rs 565. The base case assumes earnings per share grow 8.4% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 17.97. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Jindal Stainless target price for 2027 should start with where the stock sits today. At Rs 707.55 on 9 October 2026, it is 20.0% below its 52-week high of Rs 884.00 and 8.5% above its 52-week low of Rs 652.25. That range spans 36% from low to high, so the entry point matters as much as the Jindal Stainless price forecast itself.<\/p>\n<p>This article builds the Jindal Stainless share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 765 base case and the Rs 929 bull case were reached, along with a downside risk level of Rs 565.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=jindal-stainless-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Jindal_Stainless_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Jindal Stainless Stock Analysis: Company Overview and Key Stats\">Jindal Stainless Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Why_Is_Jindal_Stainless_Share_Price_Target_Set_at_Rs_765_for_2027\" title=\"Why Is Jindal Stainless Share Price Target Set at Rs 765 for 2027?\">Why Is Jindal Stainless Share Price Target Set at Rs 765 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Earnings_Growth_Behind_the_Jindal_Stainless_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Jindal Stainless Target Price: Five Years of Results\">Earnings Growth Behind the Jindal Stainless Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Valuation_Check_for_the_Jindal_Stainless_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Jindal Stainless Stock Target: PE, Price to Book and ROE\">Valuation Check for the Jindal Stainless Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Jindal_Stainless_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Jindal Stainless Share Price Targets for the Short Term and 12 Months\">Jindal Stainless Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Short_Term_Jindal_Stainless_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Jindal Stainless Stock Target Levels: Technical Setup\">Short Term Jindal Stainless Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#12_Month_Jindal_Stainless_Target_Price_for_2027\" title=\"12 Month Jindal Stainless Target Price for 2027\">12 Month Jindal Stainless Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Jindal_Stainless_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Jindal Stainless Target Price\">How EPS Growth and PE Multiple Change the Jindal Stainless Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Jindal_Stainless_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Jindal Stainless Stock Target in 2027\">Bull Case and Downside Risk for Jindal Stainless Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Bull_Case_Rs_929\" title=\"Bull Case Rs 929\">Bull Case Rs 929<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Downside_Risk_Level_Rs_565\" title=\"Downside Risk Level Rs 565\">Downside Risk Level Rs 565<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Key_Risks_to_the_Jindal_Stainless_Target_Price_for_2027\" title=\"Key Risks to the Jindal Stainless Target Price for 2027\">Key Risks to the Jindal Stainless Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Jindal_Stainless_Price_Target\" title=\"Growth Slowdown Risk for the Jindal Stainless Price Target\">Growth Slowdown Risk for the Jindal Stainless Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#How_to_Invest_in_Jindal_Stainless\" title=\"How to Invest in Jindal Stainless\">How to Invest in Jindal Stainless<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#FAQs_on_Jindal_Stainless_Share_Price_Target_2027\" title=\"FAQs on Jindal Stainless Share Price Target 2027\">FAQs on Jindal Stainless Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_is_the_Jindal_Stainless_share_price_target_for_2027\" title=\"What is the Jindal Stainless share price target for 2027?\">What is the Jindal Stainless share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_is_the_Jindal_Stainless_share_price_today\" title=\"What is the Jindal Stainless share price today?\">What is the Jindal Stainless share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Is_Jindal_Stainless_a_buy_or_sell_at_the_current_price\" title=\"Is Jindal Stainless a buy or sell at the current price?\">Is Jindal Stainless a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Jindal_Stainless_shares\" title=\"What are the bull case target and downside risk level for Jindal Stainless shares?\">What are the bull case target and downside risk level for Jindal Stainless shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_are_the_main_risks_to_the_Jindal_Stainless_price_target\" title=\"What are the main risks to the Jindal Stainless price target?\">What are the main risks to the Jindal Stainless price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_is_the_PE_ratio_of_Jindal_Stainless_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Jindal Stainless and how does it compare with the industry?\">What is the PE ratio of Jindal Stainless and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#Who_owns_Jindal_Stainless_and_what_is_the_promoter_holding\" title=\"Who owns Jindal Stainless, and what is the promoter holding?\">Who owns Jindal Stainless, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/jindal-stainless-share-price-target-2027\/#What_were_Jindal_Stainless_latest_quarterly_results\" title=\"What were Jindal Stainless&#8217; latest quarterly results?\">What were Jindal Stainless&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Jindal Stainless Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Stainless (NSE: JSL) has a market capitalisation of Rs 58,192 crore. In FY26 it reported revenue of Rs 43,385 crore and net profit of Rs 3,185 crore. The table collects the figures the Jindal Stainless share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\">Jindal Stainless<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>JSL<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 707.55<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 884.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 652.25<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 58,192 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>17.97<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>22.91<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>2.95<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>16.14%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.38<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 39.28<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.57%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 765<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 929<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 565<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Jindal_Stainless_Share_Price_Target_Set_at_Rs_765_for_2027\"><\/span><strong>Why Is Jindal Stainless Share Price Target Set at Rs 765 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Jindal Stainless stock target of Rs 765 applies a PE multiple of 17.97 to a forward EPS estimate of Rs 42.58. That EPS assumes 8.4% yearly growth, the pace from FY24 to FY26, and puts the target 8.1% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Jindal_Stainless_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Jindal Stainless Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Jindal Stainless grew revenue from Rs 32,803 crore in FY22 to Rs 43,385 crore in FY26, a compound annual growth rate of 7.2%. Net profit grew more slowly, from Rs 3,109 crore to Rs 3,185 crore (0.6% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>32,803.33<\/td>\n<td>3,109.39<\/td>\n<td>38.78<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>35,823.32<\/td>\n<td>2,083.83<\/td>\n<td>25.68<\/td>\n<td>2.50<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>38,925.09<\/td>\n<td>2,693.48<\/td>\n<td>32.94<\/td>\n<td>3.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>39,757.43<\/td>\n<td>2,499.72<\/td>\n<td>30.41<\/td>\n<td>3.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>43,384.55<\/td>\n<td>3,184.57<\/td>\n<td>38.70<\/td>\n<td>4.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 9.1%, close to the four-year average of 7.2%, and net profit moved up 27.4%. EPS rose from Rs 32.94 in FY24 to Rs 38.70 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Jindal Stainless converted 7.3% of FY26 revenue into net profit, against 6.3% in FY25, within a five-year range of 5.8% to 9.5%. EBITDA margin was 13.5% in FY26 versus 12.3% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 11,397 crore, up 10.9% from the same quarter a year earlier, while net profit of Rs 768.66 crore was up 7.6%. EBITDA came in at Rs 1,448 crore, up 5.0% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.38, and shareholders&#8217; equity grew from Rs 9,890 crore in FY22 to Rs 19,882 crore in FY26. Operating cash flow in FY26 was Rs 3,395 crore against capital expenditure of Rs 2,658 crore, leaving free cash flow of Rs 736.83 crore, or 1.3% of the current market capitalisation. In FY25 free cash flow was Rs 2,833 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Jindal_Stainless_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Jindal Stainless Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 17.97 against an industry PE of 22.91, Jindal Stainless trades at a discount to its industry. Price to book is 2.95 on a book value of Rs 239.17 per share, and return on equity is 16.14%. A PE of 17.97 equals an earnings yield of 5.6%, and the FY26 dividend of Rs 4.00 per share gives a yield of 0.57%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 62.05% of Jindal Stainless in June 2026, and promoter holding rose from 61.10% in June 2025 to 62.05% in June 2026. Foreign institutional investors (FII) held 20.45% and domestic institutions (DII) held 7.35%, which puts total institutional holding at 27.80%. FII holding fell from 21.25% in June 2025 to 20.45% in June 2026. Public shareholders own the remaining 10.15%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Jindal Stainless Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Jindal_Stainless_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Jindal Stainless Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 707.55 on 9 October 2026, Jindal Stainless trades below its 50-day simple moving average of Rs 733.29 and below its 200-day exponential moving average of Rs 734.29. The 14-day RSI reads 35.7, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 733.29 (50-day simple moving average) and the nearest support is Rs 652.25 (52-week low). A sustained move above Rs 733.29 would improve the short-term setup, while a close below Rs 652.25 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Jindal_Stainless_Target_Price_for_2027\"><\/span><strong>12 Month Jindal Stainless Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Jindal Stainless is Rs 765: forward EPS of Rs 42.58 at a PE of 17.97. That is 8.1% above Rs 707.55. It would still leave the stock 13.5% below its 52-week high of Rs 884.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Jindal_Stainless_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Jindal Stainless Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 14.38<\/th>\n<th>PE 17.97<\/th>\n<th>PE 20.67<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 39.28)<\/td>\n<td>Rs 565<\/td>\n<td>Rs 706<\/td>\n<td>Rs 812<\/td>\n<\/tr>\n<tr>\n<td>8.4% (EPS Rs 42.58)<\/td>\n<td>Rs 612<\/td>\n<td>Rs 765<\/td>\n<td>Rs 880<\/td>\n<\/tr>\n<tr>\n<td>14.4% (EPS Rs 44.93)<\/td>\n<td>Rs 646<\/td>\n<td>Rs 807<\/td>\n<td>Rs 929<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Jindal Stainless price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Jindal_Stainless_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Jindal Stainless Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_929\"><\/span><strong>Bull Case Rs 929<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Jindal Stainless price target needs EPS growth of 14.4%, which lifts forward EPS to Rs 44.93, and a PE multiple that rises 15% to 20.67. That gives Rs 929, 31.3% above the current price and above the 52-week high of Rs 884.00, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_565\"><\/span><strong>Downside Risk Level Rs 565<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 39.28 and the PE falls 20% to 14.38. That gives Rs 565, 20.1% below the current price and below the 52-week low of Rs 652.25.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>14.4%<\/td>\n<td>20.67<\/td>\n<td>Rs 929<\/td>\n<td>+31.3%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>8.4%<\/td>\n<td>17.97<\/td>\n<td>Rs 765<\/td>\n<td>+8.1%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>14.38<\/td>\n<td>Rs 565<\/td>\n<td>-20.1%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Jindal_Stainless_Target_Price_for_2027\"><\/span><strong>Key Risks to the Jindal Stainless Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Jindal_Stainless_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Jindal Stainless Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 10.9% year on year, and FY26 revenue growth was 9.1%. If growth slows from here, the EPS estimate behind the Jindal Stainless stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Jindal Stainless has a market capitalisation of Rs 58,192 crore. Institutional holding is 27.80%, and promoters hold 62.05%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 7.3% in FY26, so a small slip in costs moves profit noticeably. At a PE of 17.97 versus an industry PE of 22.91, a de-rating toward the downside-risk PE of 14.38 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 20.0% below its 52-week high, with an RSI of 35.7 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Jindal_Stainless\"><\/span><strong>How to Invest in Jindal Stainless<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Jindal Stainless share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 707.55 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Jindal Stainless&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Jindal Stainless fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Jindal Stainless target price scenarios with your own view. If you expect EPS growth below 8.4%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Jindal Stainless live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Jindal Stainless share price target for 2027 is Rs 765 in the base case, with Rs 929 as the bull case. The support for that view is arithmetic you can check: EPS grew 8.4% a year over FY24 to FY26, and the stock trades at a PE of 17.97. The risks are equally concrete, including a stock that sits 20.0% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Jindal_Stainless_Share_Price_Target_2027\"><\/span><strong>FAQs on Jindal Stainless Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jindal_Stainless_share_price_target_for_2027\"><\/span><strong>What is the Jindal Stainless share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Jindal Stainless share price target for 2027 is Rs 765, with Rs 929 as the bull case. The downside risk level, which is not a target, is Rs 565. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jindal_Stainless_share_price_today\"><\/span><strong>What is the Jindal Stainless share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:29 PM IST, Jindal Stainless trades at Rs 707.55, up 0.28% on the day. The 52-week range is Rs 652.25 to Rs 884.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Jindal_Stainless_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Jindal Stainless a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 8.4% a year over FY24 to FY26, but the stock is 20.0% below its 52-week high. Whether Jindal Stainless fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Jindal_Stainless_shares\"><\/span><strong>What are the bull case target and downside risk level for Jindal Stainless shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 929, which assumes 14.4% EPS growth and a PE of 20.67. The downside risk level is Rs 565, which assumes flat EPS and a PE of 14.38. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Jindal_Stainless_price_target\"><\/span><strong>What are the main risks to the Jindal Stainless price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 58,192 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Jindal_Stainless_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Jindal Stainless and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Jindal Stainless is 17.97 against an industry PE of 22.91. Price to book is 2.95 and return on equity is 16.14%. The base case in the Jindal Stainless price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Jindal_Stainless_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Jindal Stainless, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 62.05% of Jindal Stainless in June 2026. FII held 20.45%, DII held 7.35% and the public held 10.15%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Jindal_Stainless_latest_quarterly_results\"><\/span><strong>What were Jindal Stainless&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Jindal Stainless reported revenue of Rs 11,397 crore (up 10.9% year on year) and net profit of Rs 768.66 crore (up 7.6%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Jindal Stainless share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Jindal Stainless share price target for 2027 is Rs 765, with Rs 929 as the bull case. The downside risk level, which is not a target, is Rs 565. 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FII held 20.45%, DII held 7.35% and the public held 10.15%.\"}},{\"@type\":\"Question\",\"name\":\"What were Jindal Stainless' latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Jindal Stainless reported revenue of Rs 11,397 crore (up 10.9% year on year) and net profit of Rs 768.66 crore (up 7.6%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Stainless share price target 2027: base Rs 765, bull Rs 929, downside risk level Rs 565, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":28,"featured_media":299881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299881"],"rank_math_title":["Jindal Stainless Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Jindal Stainless share price target for 2027 is Rs 765 versus Rs 707.55 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Jindal Stainless share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/jindal-stainless-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299882"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299882\/revisions"}],"predecessor-version":[{"id":299883,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299882\/revisions\/299883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299881"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}