3 stories mentioning BOM:532286Updated 48d ago
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Jindal Steel & Power (NSE:JINDALSTEL, BOM:532286) has an average rating of overweight and mean price target of 1,270.34 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Jindal Steel (NSE:JINDALSTEL, BOM:532286) returned to profit in the fiscal fourth quarter ended March 31 of 10.4 billion Indian rupees from a loss of 3.39 billion rupees a year ago.Earnings per share stood at 10.30 rupees compared with a loss per share of 3.35 rupees a year earlier, the steel manufacturer said in a filing with the Indian bourses on Friday. The EPS is higher than the 9.33 rupees estimated by analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 increased to 162.2 billion rupees from 131.8 billion rupees a year ago.The company's board recommended a final dividend of 2 rupees per equity share of face value of 1 rupee each for the financial year 2025-26.
