Jindal Stainless Share PriceJindal Stainless

₹464.8
-3.4 (-0.73%)
As on 21 September, 2023 | 13:11 BSE: 532508 NSE: JSLISIN: INE220G01021

Jindal Stainless Performance

Day Range

  • Low 458.25
  • High 472
464.8

52 Week Range

  • Low 120
  • High 541
464.8
  • Open Price461.3
  • Previous Close468.2
  • Volume448483

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Jindal Stainless Share Price

  • Over 1 Month 11.07%
  • Over 3 Month 39.21%
  • Over 6 Month 62.06%
  • Over 1 Year 241.88%

Jindal Stainless Key Statistics

P/E Ratio 19.3
PEG Ratio 4.3
Market Cap Cr 38,273
Price to Book Ratio 3.2
EPS 24.4
Dividend 0.5
Relative Strength Index 52.99
Money Flow Index 51.39
MACD Signal 25.88
Average True Range 21.28

Jindal Stainless Investment Rating

  • Master Rating:
  • Jindal Stainless has an operating revenue of Rs. 31,903.26 Cr. on a trailing 12-month basis. An annual revenue growth of 68% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a reasonable debt to equity of 23%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 50% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 44 which is a POOR score indicating inconsistency in earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 60 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Jindal Stainless Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,0279,4446,2215,4425,3366,287
Operating Expenses Qtr Cr 8,9108,3475,5985,0314,8135,526
Operating Profit Qtr Cr 1,1181,097622411523761
Depreciation Qtr Cr 17416992918988
Interest Qtr Cr 937576796768
Tax Qtr Cr 2302271266996-47
Net Profit Qtr Cr 666659351189287669
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 35,13720,366
Operating Expenses Annual Cr 31,46317,521
Operating Profit Annual in Cr 3,5672,791
Depreciation Cr 675358
Interest Annual Cr 295317
Tax Annual Cr 690496
Net Profit Annual Cr 2,0141,674
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,136
Cash from Investing Activity Annual Cr -774
Cash from Financing Annual Activity Cr -223
Net Cash Flow Annual Cr 139
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,4574,935
Fixed Assets Annual Cr 9,9755,791
Total Non Current Assets Annual Cr 11,6727,083
Total Current Assets Annual Cr 14,4686,720
Total Assets Annual Cr 26,14013,803
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 13994
ROE Annual % 1834
ROCE Annual % 1934
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1014
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,1849,7656,3505,6055,4746,564
Operating Expenses Qtr Cr 8,9928,6215,8255,2364,9255,701
Operating Profit Qtr Cr 1,1921,144525368549863
Depreciation Qtr Cr 18818194939292
Interest Qtr Cr 1008380847272
Tax Qtr Cr 2432411095799-31
Net Profit Qtr Cr 746766314159321736
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 35,82321,279
Operating Expenses Annual Cr 32,11118,236
Operating Profit Annual in Cr 3,5862,987
Depreciation Cr 724371
Interest Annual Cr 325332
Tax Annual Cr 690533
Net Profit Annual Cr 2,1151,881
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,083
Cash from Investing Activity Annual Cr -783
Cash from Financing Annual Activity Cr -163
Net Cash Flow Annual Cr 137
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,9315,186
Fixed Assets Annual Cr 10,5715,965
Total Non Current Assets Annual Cr 12,0297,330
Total Current Assets Annual Cr 15,1127,532
Total Assets Annual Cr 27,14014,862
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 14599
ROE Annual % 1836
ROCE Annual % 1835
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1014

Jindal Stainless Technicals

EMA & SMA

Current Price
₹464.8
-3.4 (-0.73%)
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹471.73
  • 50 Day
  • ₹428.75
  • 100 Day
  • ₹381.9
  • 200 Day
  • ₹323.47
  • 20 Day
  • ₹470.06
  • 50 Day
  • ₹420.94
  • 100 Day
  • ₹365.06
  • 200 Day
  • ₹310.53

Jindal Stainless Resistance and Support

PIVOT
₹473.07
Resistance
First Resistance ₹485.14
Second Resistance ₹502.07
Third Resistance ₹514.14
RSI 52.99
MFI 51.39
MACD Single Line 25.88
MACD 23
Support
First Resistance ₹456.14
Second Resistance ₹444.07
Third Resistance ₹427.14

Jindal Stainless Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,104,009 50,475,291 45.72
Week 1,580,475 99,079,993 62.69
1 Month 1,031,079 66,442,725 64.44
6 Month 795,485 48,445,058 60.9

Jindal Stainless Result Highlights

Jindal Stainless Synopsis

NSE-Steel-Producers

Jindal Stainless is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 35030.35 Cr. and Equity Capital is Rs. 164.69 Cr. for the Year ended 31/03/2023. Jindal Stainless Ltd. is a Public Limited Listed company incorporated on 29/09/1980 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L26922HR1980PLC010901 and registration number is 010901.
Market Cap 38,755
Sales 31,135
Shares in Float 34.58
No of funds 254
Yield 0.32
Book Value 3.37
U/D Vol ratio 1.4
LTDebt / Equity 24
Alpha 0.48
Beta 1.04

Jindal Stainless

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 57.94%57.94%70.1%70.1%
Mutual Funds 2.99%3.25%6.27%2.94%
Insurance Companies 0.31%0.14%0.13%0.13%
Foreign Portfolio Investors 22.2%21.92%13.05%12.71%
Financial Institutions/ Banks
Individual Investors 8.96%9%7.1%8.02%
Others 7.6%7.75%3.35%6.1%

Jindal Stainless Management

Name Designation
Mrs. Savitri Devi Jindal Chairperson Emeritus
Mr. Ratan Jindal Chairman & Managing Director
Mr. Abhyuday Jindal Managing Director
Mr. Tarun Kumar Khulbe Whole Time Director
Mr. Suman Jyoti Khaitan Director
Ms. Bhaswati Mukherjee Director
Mr. Jayaram Easwaran Director
Mrs. Arti Luniya Director
Mr. Parveen Kumar Malhotra Nominee Director

Jindal Stainless Forecast

Price Estimates

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

Other Analyst Rating

Jindal Stainless Corporate Action

Date Purpose Remarks
2023-08-10 Others
2023-07-26 Quarterly Results
2023-05-17 Audited Results & Final Dividend
2023-04-18 Special Dividend
2023-01-23 Quarterly Results
Date Purpose Remarks
2023-04-28 SPECIAL Rs.1.00 per share(50%)Special Dividend

Jindal Stainless MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 36540
HSBC Value Growth 9237
Quant Small Cap Fund Growth 8075
Quant Tax Plan Growth 4606
ICICI Prudential MidCap Fund Growth 4317
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Jindal Stainless FAQs

What is Share Price of Jindal Stainless ?

Jindal Stainless share price is ₹464 As on 21 September, 2023 | 12:57

What is the Market Cap of Jindal Stainless ?

The Market Cap of Jindal Stainless is ₹38273.2 Cr As on 21 September, 2023 | 12:57

What is the P/E ratio of Jindal Stainless ?

The P/E ratio of Jindal Stainless is 19.3 As on 21 September, 2023 | 12:57

What is the PB ratio of Jindal Stainless ?

The PB ratio of Jindal Stainless is 3.2 As on 21 September, 2023 | 12:57

Q2FY23