JSL
JINDAL STAINLESS LIMITED
Each stock's 10,000-path forecast, rendered as light.
JINDAL STAINLESS LIMITED (JSL) Stock Analysis & Case Study
Is JSL a good buy? The data-driven verdict.
JINDAL STAINLESS LIMITED (JSL) trades at ₹735,on the numbers it worth a closer look, a Downstox Snapshot Score of 61/100.
On the numbers, JINDAL STAINLESS LIMITED (JSL) worth a closer look, a Downstox Snapshot Score of 61/100, weighing fairly valued at 18.4× earnings, ROE of 17.8%, a 60% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
JSL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How JSL ranks against the 2,373 companies in our screener
- JSL's market cap of 60,566 Cr ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's book value of ₹240 ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's promoter holding of 62.0% ranks in the 56th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's 3-year profit (PAT) growth of 15.0% ranks in the 49th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's 3-year revenue growth of 6.0% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's debt-to-equity ratio of 0.38x is lower than 44% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is JSL overvalued? JSL P/E vs peers
JSL trades at 18.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
JSL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of JSL history (34%/yr drift, 34%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| JSL 2027 | ₹516 | ₹800 | ₹1,239 | +9% |
| JSL 2028 | ₹473 | ₹870 | ₹1,601 | +18% |
| JSL 2029 | ₹450 | ₹947 | ₹1,991 | +29% |
| JSL 2030 | ₹436 | ₹1,031 | ₹2,436 | +40% |
| JSL 2031 | ₹428 | ₹1,122 | ₹2,936 | +53% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability JSL goes up, or doubles?
The bull case for JSL
- JSL's P/E of 18.4x is lower than 66% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JSL's return on capital employed of 19.3% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,991.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹450.
JSL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years JSL compounded at 34%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹516-₹1,239, the honest backbone behind any single price target.
JSL price forecast, the full 60-month probability fan
JSL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds JSL hits common targets within the simulated horizon?
Full multi-horizon detail on the JSL price target & forecast page.
JSL Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. JSL scores 6/8, mixed financial health.
JSL MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy JSL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 30.85% | 3.2× |
| ZerodhaCHEAPEST | 30.81% | 3.2× |
| Groww | 30.96% | 3.2× |
| Dhan | 30.81% | 3.2× |
| Kotak Neo | 30.86% | 3.2× |
| Paytm Money | 31.10% | 3.2× |
| Pocketful | 31.24% | 3.2× |
| Anand RathiCHEAPEST | 30.81% | 3.2× |
| Bajaj Broking | 33.00% | 3.0× |
| Share India | 30.92% | 3.2× |
Compare every broker on the JSL MTF page.
About JINDAL STAINLESS LIMITED: sector, index & market-cap context
JINDAL STAINLESS LIMITED (JSL) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹60,566 Cr. See more stocks on our screener.
How the JSL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of JINDAL STAINLESS LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
JSL analysis, FAQs
Is JINDAL STAINLESS LIMITED (JSL) a good buy?
On the numbers, JINDAL STAINLESS LIMITED (JSL) worth a closer look, a Downstox Snapshot Score of 61/100, weighing fairly valued at 18.4× earnings, ROE of 17.8%, a 60% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is JSL overvalued or undervalued?
JSL trades at 18.4× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the JSL share price target for 2031?
JSL's probability-weighted 2031 median target is ₹1,122, with an 80% range of ₹428-₹2,936 (10,000-path Monte-Carlo).
What is the probability JSL doubles in 5 years?
The modelled probability of JSL reaching ₹1,469 (2×) within 5 years is 36%.
What is the bull case for JSL?
JSL's P/E of 18.4x is lower than 66% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. JSL's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. JSL's return on capital employed of 19.3% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in JSL?
No model or past record guarantees future returns, treat this as one input, not a decision.