New Delhi, Aug. 13 -- Jindal Steel & Power share price traded higher on Wednesday amid a positive momentum on Dalal Street. Jindal Steel stock has recently given a breakout on the technical charts, and analysts expect it to see an upside of more than 20% from the current market price.

Sumeet Bagadia, Executive Director at Choice Broking has recommended Jindal Steel & Power shares as his stock pick for Independence Day, 15 August 2025.

Bagadia has a 'Buy' call on Jindal Steel shares for a target price of Rs.1,160 - Rs.1,220, implying an upside potential of up to 22% from Tuesday's closing price.

Jindal Steel share price, on the daily chart, has undergone a brief retracement followed by a consolidation phase after marking its record high...