Jindal Steel & Power Share Price

Jindal Steel & Power Investment Rating

• Master Rating:

• Jindal Steel & Pwr.(Nse) has an operating revenue of Rs. 53,521.47 Cr. on a trailing 12-month basis. An annual revenue growth of 29% is outstanding, Pre-tax margin of 22% is great, ROE of 18% is exceptional. The company has a reasonable debt to equity of 24%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 12% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 41 which is a POOR score indicating inconsistency in earnings, a RS Rating of 27 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 106 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.