Jindal Stainless
Jindal Stainless Performance
Day Range
- Low 458.25
- High 472
52 Week Range
- Low 120
- High 541
- Open Price461.3
- Previous Close468.2
- Volume448483
Start SIP in Jindal Stainless
Start SIPJindal 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
Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 10,027 | 9,444 | 6,221 | 5,442 | 5,336 | 6,287 |
Operating Expenses Qtr Cr | 8,910 | 8,347 | 5,598 | 5,031 | 4,813 | 5,526 |
Operating Profit Qtr Cr | 1,118 | 1,097 | 622 | 411 | 523 | 761 |
Depreciation Qtr Cr | 174 | 169 | 92 | 91 | 89 | 88 |
Interest Qtr Cr | 93 | 75 | 76 | 79 | 67 | 68 |
Tax Qtr Cr | 230 | 227 | 126 | 69 | 96 | -47 |
Net Profit Qtr Cr | 666 | 659 | 351 | 189 | 287 | 669 |
Jindal Stainless Technicals
EMA & SMA

- 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
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 Name | Jun-23 | Mar-23 | Dec-22 | Sep-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
- Company Name
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- Chg(%)
- Company Name
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- Chg(%)
- M & M
- 1583
- -3.1
- St Bk of India
- 586
- -2.4
- Grasim Inds
- 1903
- -2.1
- Hero Motocorp
- 2997
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- Cipla
- 1214
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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