Jindal Group, a leading Indian conglomerate, is reportedly in advanced discussions to acquire a 100% stake in Czech-based Vitkovice Steel through its subsidiary Jindal Steel International.
JSW Steel, one of India’s leading steel producers, has shown strong momentum in the stock market. On October 3, 2024, it opened at Rs 1,028.00 and reached an intraday high of Rs 1,060.
Hem Securities has issued a BUY recommendation for Jindal Steel & Power Limited (JINDALSTEL) with a target price of ₹1,182, implying a potential upside of 16% from the current market price of ₹