JSL

Jindal Stainless Share PriceJindal Stainless

₹513.4
-9.3 (-1.78%)
As on 29 November, 2023 | 21:51 BSE: 532508 NSE: JSLISIN: INE220G01021

Jindal Stainless Performance

Day Range

  • Low 505.20
  • High 524.65
₹ 513.4

52 Week Range

  • Low 169.15
  • High 547.65
₹ 513.4
  • Open Price524.65
  • Previous Close522.70
  • Volume1490778

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Jindal Stainless Share Price

  • Over 1 Month 14.11%
  • Over 3 Month 18.65%
  • Over 6 Month 76.4%
  • Over 1 Year 202.27%

Jindal Stainless Key Statistics

P/E Ratio 16.3
PEG Ratio 0.3
Market Cap Cr 42,275
Price to Book Ratio 3.5
EPS 24.4
Dividend 0.7
Relative Strength Index 57.31
Money Flow Index 53.95
MACD Signal 13.41
Average True Range 22.35

Jindal Stainless Investment Rating

  • Master Rating:
  • Jindal Stainless has an operating revenue of Rs. 36,095.79 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 10% and 42% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 56 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of A is the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Jindal Stainless Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,72010,0279,4446,2215,4425,3366,287
Operating Expenses Qtr Cr 8,6518,9108,3475,5985,0314,8135,526
Operating Profit Qtr Cr 1,0701,1181,097622411523761
Depreciation Qtr Cr 17817416992918988
Interest Qtr Cr 104937576796768
Tax Qtr Cr 2132302271266996-47
Net Profit Qtr Cr 609666659351189287669
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 2,8341,136
Cash from Investing Activity Annual Cr -2,367-774
Cash from Financing Annual Activity Cr -225-223
Net Cash Flow Annual Cr 242139
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
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,79710,1849,7656,3505,6055,4746,564
Operating Expenses Qtr Cr 8,5668,9928,6215,8255,2364,9255,701
Operating Profit Qtr Cr 1,2311,1921,144525368549863
Depreciation Qtr Cr 22218818194939292
Interest Qtr Cr 1561008380847272
Tax Qtr Cr 2292432411095799-31
Net Profit Qtr Cr 774746766314159321736
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 3,0961,083
Cash from Investing Activity Annual Cr -2,482-783
Cash from Financing Annual Activity Cr -386-163
Net Cash Flow Annual Cr 228137
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
₹513.4
-9.3 (-1.78%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹496.40
  • 50 Day
  • ₹473.93
  • 100 Day
  • ₹440.04
  • 200 Day
  • ₹380.36
  • 20 Day
  • ₹486.46
  • 50 Day
  • ₹473.80
  • 100 Day
  • ₹443.74
  • 200 Day
  • ₹367.61

Jindal Stainless Resistance and Support

PIVOT
₹514.42
Resistance
First Resistance 523.63
Second Resistance 533.87
Third Resistance 543.08
RSI 57.31
MFI 53.95
MACD Single Line 13.41
MACD 17.43
Support
First Resistance 504.18
Second Resistance 494.97
Third Resistance 484.73

Jindal Stainless Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,524,996 103,074,480 67.59
Week 2,281,013 149,725,693 65.64
1 Month 1,667,751 103,583,994 62.11
6 Month 970,344 60,374,795 62.22

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 42,160
Sales 35,413
Shares in Float 34.58
No of funds 270
Yield 0.48
Book Value 3.76
U/D Vol ratio 1.3
LTDebt / Equity 24
Alpha 0.46
Beta 0.73

Jindal Stainless

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 57.94%57.94%57.94%70.1%
Mutual Funds 3.01%2.99%3.25%6.27%
Insurance Companies 0.31%0.31%0.14%0.13%
Foreign Portfolio Investors 23.37%22.2%21.92%13.05%
Financial Institutions/ Banks
Individual Investors 8.9%8.96%9%7.1%
Others 6.47%7.6%7.75%3.35%

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
2023-10-19 Quarterly Results & Interim Dividend
2023-08-10 Others
2023-07-26 Quarterly Results
2023-05-17 Audited Results & Final Dividend
2023-04-18 Special Dividend
Date Purpose Remarks
2023-10-28 INTERIM Rs.1.00 per share(50%)Interim Dividend
2023-04-28 SPECIAL Rs.1.00 per share(50%)Special Dividend

Jindal Stainless MF Shareholding

Name Amount(cr)
Quant Small Cap Fund Growth 9,521
HSBC Value Growth 9,289
HSBC Midcap Fund Growth 8,008
Quant Tax Plan Growth 4,957
ICICI Prudential MidCap Fund Growth 4,252

Jindal Stainless FAQs

What is Share Price of Jindal Stainless ?

Jindal Stainless share price is ₹513 As on 29 November, 2023 | 21:37

What is the Market Cap of Jindal Stainless ?

The Market Cap of Jindal Stainless is ₹42275.1 Cr As on 29 November, 2023 | 21:37

What is the P/E ratio of Jindal Stainless ?

The P/E ratio of Jindal Stainless is 16.3 As on 29 November, 2023 | 21:37

What is the PB ratio of Jindal Stainless ?

The PB ratio of Jindal Stainless is 3.5 As on 29 November, 2023 | 21:37

Q2FY23