{"id":93778,"date":"2023-03-06T14:55:00","date_gmt":"2023-03-06T09:25:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=93778"},"modified":"2023-03-06T14:46:30","modified_gmt":"2023-03-06T09:16:30","slug":"2-multibagger-jindal-group-stocks-at-52-week-high-do-you-hold-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-multibagger-jindal-group-stocks-at-52-week-high-do-you-hold-any\/","title":{"rendered":"2 Multibagger Jindal Group stocks at 52-week high; Are you holding them?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1767258842\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>As one of India&#8217;s leading business conglomerates, the Jindal Group is engaged in a diverse portfolio of businesses and achieved rapid growth over the years. Two stocks of the group, namely Jindal Stainless (Hisar) Limited and Jindal Stainless Limited are set to merge and the same will be done by the end of FY2023.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3801962229\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Here are the 2 Jindal group multibagger stocks that have reached a 52-week high: <\/p><h4 class=\"wp-block-heading\"><strong><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/JSLHISAR\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Jindal Stainless (Hisar) Limited<\/a><\/strong>&nbsp;<\/strong><\/h4><p> Jindal Stainless (Hisar) Limitedopened its trading session at Rs 520.95 and gained 5 percent to reach a 52-week high of Rs 548.90 in the early hours of Monday. The stock has delivered a multibagger return of 112 percent over a horizon of 6 months.&nbsp;<\/p><p>Jindal Stainless (Hisar) Limited (JSHL), established in 1975, is India&#8217;s first stainless steel manufacturing unit. It has an integrated stainless steel plant with a melting capacity of 8 lakh tonnes per annum.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1504017805\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Revenues of the company have shown improvement from Rs 3,926 crores in Q2 to Rs 4,285 crores in Q3 which is a 9.14 percent upside. Net profits have also shown an increase from Rs 201 crores in Q2 to Rs 242 crores in Q3 which is a huge 20.3 percent upside.&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-jindal-stainless-limited\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/JSL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Jindal Stainless Limited<\/a>&nbsp;<\/strong><\/h4><p>Jindal Stainless Limited opened its trading session at Rs 282.25 levels and shot up by 6 percent to reach a 52-week high of Rs 297 in the early hours. The stock has logged a multibar return of 125 percent over a horizon of 6 months.&nbsp;<\/p><p>As a part of the USD 35 billion Jindal group, Jindal Stainless is the largest stainless steel company in India and ranks amongst the top 10 stainless steel conglomerates in the world. The company has an annual crude stainless steel capacity of 1.9 MTPA.&nbsp;<\/p><p>The revenues of the company have shown improvement from Rs 5,605 crores in Q2 to Rs 6,350 crores in Q3 which is a 13.3 percent increase. Similarly, the net profits have also shown an increase from Rs 142 crores in Q2 to Rs 263 crores in Q3 which is a huge 85 percent increase.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4135452678\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>As one of India&#8217;s leading business conglomerates, the Jindal Group is engaged in a diverse portfolio of businesses and achieved rapid growth over the years. Two stocks of the group, namely Jindal Stainless (Hisar) Limited and Jindal Stainless Limited are set to merge and the same will be done by the end of FY2023.&nbsp; Here [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":39466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[7078,7080,7079,7066,7069,7068,7070,7067,7071,7075,7073,7074,7076,7072,7077,6652,6653,948,936,3153,3157,7081,2597],"class_list":["post-93778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-jindal-group","tag-jindal-group-52-week-high","tag-jindal-group-latest-news","tag-jindal-stainless-hisar-limited","tag-jindal-stainless-hisar-limited-deals","tag-jindal-stainless-hisar-limited-latest-news","tag-jindal-stainless-hisar-limited-orders","tag-jindal-stainless-hisar-limited-share-price","tag-jindal-stainless-limited","tag-jindal-stainless-limited-deals","tag-jindal-stainless-limited-latest-news","tag-jindal-stainless-limited-orders","tag-jindal-stainless-limited-q3-results","tag-jindal-stainless-limited-share-price","tag-steel-stocks","tag-steel-stocks-to-buy-in-india","tag-steel-stocks-with-high-return","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-that-touched-52-week-high-today","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 Multibagger Jindal Group stocks at 52-week high; Are you holding them? - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"As one of India&#039;s leading business conglomerates, the Jindal Group is engaged in a diverse portfolio of businesses and achieved rapid growth over the years. 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