JINDALSTEL

Jindal Steel & Power Share Price

₹999.5
+ 16.6 (1.69%)
  • Advice
  • Hold
10 October, 2024 04:34 BSE: 532286 NSE: JINDALSTEL ISIN: INE749A01030

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Jindal Steel & Power Performance

Day Range

  • Low 966
  • High 1,010
₹ 999

52 Week Range

  • Low 582
  • High 1,097
₹ 999
  • Open Price986
  • Previous Close983
  • Volume2166137

Jindal Steel & Power Chart

  • Over 1 Month + 4.77%
  • Over 3 Month -2.58%
  • Over 6 Month + 9.65%
  • Over 1 Year + 46.24%

Jindal Steel & Power Key Statistics

P/E Ratio 18.2
PEG Ratio 0.2
Market Cap Cr 101,958
Price to Book Ratio 2.3
EPS 51.4
Dividend 0.2
Relative Strength Index 48.47
Money Flow Index 51.17
MACD Signal 13.41
Average True Range 33.58

Jindal Steel & Power Investment Rating

  • Master Rating:
  • Jindal Steel & Pwr.(Nse) has an operating revenue of Rs. 51,056.28 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 12% is healthy, ROE of 13% is good. The company has a reasonable debt to equity of 23%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 46 which is a POOR score indicating inconsistency in earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 107 indicates it belongs to a poor industry group of Steel-Specialty Alloys 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.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Jindal Steel & Power Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 12,84313,77311,51612,08212,31113,392
Operating Expenses Qtr Cr 10,14411,2548,7979,7709,65711,252
Operating Profit Qtr Cr 2,6992,5192,7192,3122,6532,140
Depreciation Qtr Cr 564563559555540538
Interest Qtr Cr 183210195258258365
Tax Qtr Cr 518480510417470313
Net Profit Qtr Cr 1,4571,2821,4841,1091,400789
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 49,76651,229
Operating Expenses Annual Cr 39,47841,647
Operating Profit Annual in Cr 10,2039,533
Depreciation Cr 2,2162,166
Interest Annual Cr 9211,286
Tax Annual Cr 1,877445
Net Profit Annual Cr 5,2732,427
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 6,9096,351
Cash from Investing Activity Annual Cr -5,081-3,778
Cash from Financing Annual Activity Cr -2,544-1,850
Net Cash Flow Annual Cr -716723
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 45,49440,557
Fixed Assets Annual Cr 43,27542,202
Total Non Current Assets Annual Cr 57,09753,546
Total Current Assets Annual Cr 14,92013,484
Total Assets Annual Cr 72,01767,030
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 454404
ROE Annual % 126
ROCE Annual % 1414
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2119
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13,61813,48711,70112,25012,58813,692
Operating Expenses Qtr Cr 10,77911,0428,8599,9649,96011,505
Operating Profit Qtr Cr 2,8392,4442,8432,2862,6282,187
Depreciation Qtr Cr 683995636604588873
Interest Qtr Cr 332321315329329371
Tax Qtr Cr 521230-1-675340
Net Profit Qtr Cr 1,3409351,9281,3881,687463
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 50,18352,768
Operating Expenses Annual Cr 39,82642,776
Operating Profit Annual in Cr 10,2019,935
Depreciation Cr 2,8222,691
Interest Annual Cr 1,2941,446
Tax Annual Cr 2981,292
Net Profit Annual Cr 5,9383,174
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 6,0087,276
Cash from Investing Activity Annual Cr -8,344-4,019
Cash from Financing Annual Activity Cr 1,381-2,500
Net Cash Flow Annual Cr -955757
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 44,31638,707
Fixed Assets Annual Cr 57,94051,356
Total Non Current Assets Annual Cr 60,96753,952
Total Current Assets Annual Cr 17,74815,476
Total Assets Annual Cr 78,71569,427
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 446388
ROE Annual % 138
ROCE Annual % 1214
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2119

Jindal Steel & Power Technicals

EMA & SMA

Current Price
₹999.5
+ 16.6 (1.69%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹1,009.96
  • 50 Day
  • ₹995.48
  • 100 Day
  • ₹973.86
  • 200 Day
  • ₹910.39
  • 20 Day
  • ₹1,020.28
  • 50 Day
  • ₹978.78
  • 100 Day
  • ₹1,002.37
  • 200 Day
  • ₹908.36

Jindal Steel & Power Resistance and Support

PIVOT
₹991.57
Resistance
First Resistance 1,017.58
Second Resistance 1,035.67
Third Resistance 1,061.68
RSI 48.47
MFI 51.17
MACD Single Line 13.41
MACD 7.52
Support
First Support 973.48
Second Support 947.47
Third Supoort 929.38

Jindal Steel & Power Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,707,846 143,326,289 52.93
Week 3,406,603 160,314,756 47.06
1 Month 3,154,969 165,698,962 52.52
6 Month 2,343,374 112,786,591 48.13

Jindal Steel & Power Result Highlights

Jindal Steel & Power Synopsis

NSE-Steel-Specialty Alloys

Jindal St & Pwr is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 49681.70 Cr. and Equity Capital is Rs. 100.24 Cr. for the Year ended 31/03/2024. Jindal Steel & Power Ltd. is a Public Limited Listed company incorporated on 28/09/1979 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L27105HR1979PLC009913 and registration number is 009913.
Market Cap 100,264
Sales 50,214
Shares in Float 39.78
No of funds 548
Yield 0.2
Book Value 2.17
U/D Vol ratio 1.3
LTDebt / Equity 14
Alpha
Beta 1.31

Jindal Steel & Power Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 61.19%61.2%61.2%61.2%
Mutual Funds 12.33%11.43%12.11%11.72%
Insurance Companies 2.25%2.54%2.58%2.9%
Foreign Portfolio Investors 12.64%11.93%11.75%12.23%
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 6.45%6.26%6.27%6.29%
Others 5.13%6.63%6.08%5.65%

Jindal Steel & Power Management

Name Designation
Mrs. Savitri Jindal Chairman Emeritus
Mr. Naveen Jindal Chairman
Mr. Bimlendra Jha Managing Director
Mr. Sabyasachi Bandyopadhyay Whole Time Director
Mr. Damodar Mittal Whole Time Director
Ms. Kanika Agnihotri Independent Director
Mr. Rohit Kumar Independent Director
Mrs. Shivani Wazir Pasrich Independent Director
Dr. Bhaskar Chatterjee Independent Director
Mr. Sunjay Kapur Independent Director

Jindal Steel & Power Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Jindal Steel & Power Corporate Action

Date Purpose Remarks
2024-07-24 Quarterly Results
2024-05-13 Audited Results & Final Dividend
2024-01-31 Quarterly Results
2023-10-31 Quarterly Results
2023-08-11 Quarterly Results
Date Purpose Remarks
2024-08-22 FINAL Rs.2.00 per share(200%)Final Dividend
2023-08-18 FINAL Rs.2.00 per share(200%)Final Dividend
2022-09-21 FINAL Rs.2.00 per share(200%)Final Dividend
2022-03-19 INTERIM Rs.1.00 per share(100%)Interim Dividend

About Jindal Steel & Power

Jindal Steel & Power Limited is major player in steel, mining and infrastructure industries, both in India and globally. They offers wide range of products including track rails, heavy and medium hot rolled beams and columns, plates, hot rolled coils, angles, channels, wire rods and round bars. They also provide suspended concrete flooring systems, TMT rebars, coal-based sponge iron and fabricated sections, along with semi-finished steel products.

Additionally Jindal Steel & Power produces and sells various types of cement under Jindal Panther Cement brand. This includes Portland slag cement, Portland composite cement and ground-granulated blast-furnace slag. Their operations are not limited to steel and cement, they also run coal and iron ore mines at several locations across India and internationally.
Founded in 1979, company is headquartered in New Delhi, India. With decades of experience Jindal Steel & Power has established itself as versatile and reliable provider of high-quality steel and cement products, contributing significantly to infrastructure development both domestically and abroad.

Jindal Steel & Power FAQs

What is Share Price of Jindal Steel & Power ?

Jindal Steel & Power share price is ₹999 As on 10 October, 2024 | 04:20

What is the Market Cap of Jindal Steel & Power ?

The Market Cap of Jindal Steel & Power is ₹101957.8 Cr As on 10 October, 2024 | 04:20

What is the P/E ratio of Jindal Steel & Power ?

The P/E ratio of Jindal Steel & Power is 18.2 As on 10 October, 2024 | 04:20

What is the PB ratio of Jindal Steel & Power ?

The PB ratio of Jindal Steel & Power is 2.3 As on 10 October, 2024 | 04:20

What are most important metrics that can help to analyze share price of “Jindal Steel & Power Limited”?

To analyze Jindal Steel & Power Limited share price, key metrics include market cap, enterprise value, P/E ratio, P/B ratio, dividend yield, book value, EPS, sales growth, ROE, ROCE and promoter holding. Additionally consider their cash reserves and debt levels to understand financial health and potential growth.

How can you buy shares from “Jindal Steel & Power Limited”?

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Q2FY23