Jindal Stainless (Hisar) share price history, delisted

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Mar 2023
- 6 Mar · Suspension of Trading
  Members of the Exchange are hereby informed that the trading in Equity Shares of Jindal Stainless (Hisar) Limited shall be suspended w.e.f. March 09, 2023 (i.e., closing hours of trading on March 08, 2023) on account of Scheme of Amalgamation.
- 2 Mar · Business
  Update on Scheme of Arrangement (opens in a new tab)
- 2 Mar · Business
  Intimation under Regulations 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ("SEBI Listing Regulations") - Update on Merger (opens in a new tab)
Feb 2023

Daily closes since Jan 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Dec 2022, against the quarter beforeFiled 24 Jan

Revenue: ₹4,285 Crup 9.15%
Net profit: ₹344 Crup 35.95%
Net margin: 8.0%

Revenue by year

Peak revenue ₹15,011 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ crore	Mar 2021Filed 19 May	Jun 2021Filed 30 Jul	Sep 2021Filed 29 Oct	Dec 2021Filed 10 Feb	Mar 2022Filed 6 May	Jun 2022Filed 8 Aug	Sep 2022Filed 21 Nov	Dec 2022Filed 24 Jan
Revenue	3,103	2,776	3,743	4,173	4,318	3,454	3,926	4,285
Net profit	351	359	499	515	575	308	253	344
Net margin	11.3%	12.9%	13.3%	12.3%	13.3%	8.9%	6.4%	8.0%

Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2022 the company reports one business segment, STAINLESS STEEL MANUFACTURER, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2022, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	+211.4%	+180.0%	+11.2%	0.0%
3 years	+60.7%	+72.1%	−6.6%	0.0%
5 years	+22.3%	+46.4%	−16.4%	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Dec 2022.Shareholding pattern

Shareholding by group

Promoters58.88%
Foreign institutions22.50%
Indian institutions4.74%
Individuals and others13.88%

Holder
JSL OVERSEAS LIMITEDPromoter	16.07%
JSL OVERSEAS HOLDING LIMITEDPromoter	15.23%
ELM PARK FUND LIMITEDForeign portfolio investors, category II	7.75%
HYPNOS FUND LIMITEDForeign portfolio investors, category II	4.60%
ALBULA INVESTMENT FUND LTDForeign portfolio investors, category II	4.34%
SUN INVESTMENTS PVT LIMITEDPromoter	3.94%

Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Jindal Stainless (Hisar) share price by year

Each calendar year to 2023.

Year	Close at year end	Change	Highest close	Lowest close
2023	562.80	+28.3%	562.80	427.65
2022	438.50	+25.6%	438.50	195.65
2021	349.10	+146.6%	349.10	114.65
2020	141.55	+87.1%	152.40	31.70
2019	75.65	−18.0%	98.65	59.20
2018	92.30	−59.1%	241.85	82.20
2017	225.80	+152.1%	234.00	93.15
2016	89.55	–	105.35	25.75

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 28 Jan 2016. The 2023 close is its last trade, on 8 Mar 2023.

Recent sessions

The last 10 trading days to 8 Mar 2023, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
8 Mar 2023	543.00	576.90	536.90	562.80	556.90	8,30,836
6 Mar 2023	520.95	548.90	520.85	541.05	536.96	4,25,045
3 Mar 2023	519.40	523.00	508.00	520.85	519.14	1,67,062
2 Mar 2023	506.55	517.25	503.30	515.30	511.66	2,54,535
1 Mar 2023	495.00	507.90	492.05	506.50	504.14	2,64,649
28 Feb 2023	478.80	495.00	476.40	490.25	488.33	3,41,225
27 Feb 2023	486.00	492.00	466.10	474.55	479.23	3,25,968
24 Feb 2023	493.00	504.00	486.00	489.10	495.68	3,67,046
23 Feb 2023	483.40	491.00	483.00	488.90	489.27	2,92,111
22 Feb 2023	483.20	492.65	479.95	486.90	488.26	2,88,609

Prices in ₹ per share as traded, not adjusted.

Company details

Legal name: Jindal Stainless (Hisar) Limited
BSE code: 539597
ISIN: INE455T01018
Industry: Industrial Products
Listed: Jan 2016
Face value: ₹2
Former symbols: JSLHISAR
Website: www.jshlstainless.com (opens in a new tab)
CIN: L27205HR2013PLC049963; Corporate identity number, the registrar of companies' code for it