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JSL reports Q3FY22: Consolidated net profit jumps 160 pc YoY to Rs 442 cr

Jindal Stainless Limited (JSL) reported a consolidated net profit of Rs 442 crore in the quarter ending December 2021, up 160 percent YoY compared to the same period last year.

CRISIL Ratings upgrades JSL’s rating to ‘CRISIL AA-/Stable’

New Delhi/IBNS: Jindal Stainless Limited (JSL) earned a major rating upgrade from CRISIL Ratings, with the agency assigning ‘CRISIL AA-/Stable’ rating to the long-term bank facilities of the company. 

Investec rates JSL as Buy @ Target Price of 314

Jindal Stainless Steel (JSL), post-merger, would rank amongst the top 10 global stainless steel mills, offering a simplified structure and high liquidity, according to the Initial Coverage Report by Investec.