Jindal Stainless Share Price
Start SIP in Jindal Stainless
Start SIPJindal Stainless Performance
Day Range
- Low 751
- High 762
52 Week Range
- Low 427
- High 848
- Open Price758
- Previous Close759
- Volume488625
Jindal Stainless Investment Rating
-
Master Rating:
-
Jindal Stainless has an operating revenue of Rs. 37,808.27 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 9% is okay, ROE of 18% is exceptional. The company has a reasonable debt to equity of 32%, 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 12% 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 5% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 61 which is a FAIR score but needs to improve its earnings, a RS Rating of 45 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 133 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 mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 9,585 | 9,521 | 9,088 | 9,720 | 10,027 | 9,444 |
Operating Expenses Qtr Cr | 8,581 | 8,693 | 8,067 | 8,651 | 8,910 | 8,347 |
Operating Profit Qtr Cr | 1,004 | 827 | 1,021 | 1,070 | 1,118 | 1,097 |
Depreciation Qtr Cr | 179 | 181 | 182 | 178 | 174 | 169 |
Interest Qtr Cr | 97 | 103 | 93 | 104 | 93 | 75 |
Tax Qtr Cr | 210 | 159 | 196 | 213 | 230 | 227 |
Net Profit Qtr Cr | 578 | 476 | 779 | 609 | 666 | 659 |
Jindal Stainless Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹739.85
- 50 Day
- ₹739.84
- 100 Day
- ₹728.52
- 200 Day
- ₹671.22
- 20 Day
- ₹740.34
- 50 Day
- ₹738.99
- 100 Day
- ₹747.42
- 200 Day
- ₹683.28
Jindal Stainless Resistance and Support
Resistance | |
---|---|
First Resistance | 761.88 |
Second Resistance | 767.37 |
Third Resistance | 772.73 |
RSI | 55.42 |
MFI | 39.09 |
MACD Single Line | 2.03 |
MACD | 5.64 |
Support | |
---|---|
First Support | 751.03 |
Second Support | 745.67 |
Third Supoort | 740.18 |
Jindal Stainless Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 499,009 | 30,404,618 | 60.93 |
Week | 709,765 | 38,178,249 | 53.79 |
1 Month | 1,139,660 | 71,741,568 | 62.95 |
6 Month | 1,793,382 | 104,679,727 | 58.37 |
Jindal Stainless Result Highlights
Jindal Stainless Synopsis
NSE-Steel-Producers
Jindal Stainless is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 38356.00 Cr. and Equity Capital is Rs. 164.69 Cr. for the Year ended 31/03/2024. 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 | 62,536 |
Sales | 37,914 |
Shares in Float | 32.94 |
No of funds | 562 |
Yield | 0.4 |
Book Value | 4.56 |
U/D Vol ratio | 0.9 |
LTDebt / Equity | 19 |
Alpha | 0.06 |
Beta | 1.18 |
Jindal Stainless Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 60.49% | 60.49% | 58.69% | 57.94% |
Mutual Funds | 3.94% | 4.23% | 3.06% | 3.01% |
Insurance Companies | 0.94% | 0.78% | 0.76% | 0.31% |
Foreign Portfolio Investors | 22.49% | 20.83% | 22.56% | 23.37% |
Financial Institutions/ Banks | ||||
Individual Investors | 8.14% | 8.78% | 9.14% | 8.9% |
Others | 4% | 4.89% | 5.79% | 6.47% |
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. Jagmohan Sood | Whole Time Director & COO |
Mr. Anurag Mantri | Executive Director & Group CFO |
Mr. Praveen Kumar Malhotra | Non Executive Director |
Mr. Jayaram Easwaran | Independent Director |
Dr. Rajeev Uberoi | Independent Director |
Dr. Aarti Gupta | Independent Director |
Mr. Ajay Mankotia | Independent Director |
Mrs. Shruti Shrivastava | Independent Director |
Mrs. Arti Luniya | Independent Director |
Jindal Stainless Forecast
Price Estimates
Jindal Stainless Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-07-30 | Quarterly Results & Fund Raising | Inter alia, would also discuss and consider to provide an in-principle approval for the proposal for raising of further capital and to create, offer, issue and allot such number of equity shares. per share(50%)Special Dividend |
2024-06-27 | Others | |
2024-05-15 | Audited Results & Final Dividend | |
2024-01-18 | Quarterly Results | |
2023-10-19 | Quarterly Results & Interim Dividend |
Date | Purpose | Remarks |
---|---|---|
2024-08-30 | FINAL | Rs.2.00 per share(100%)Final Dividend |
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 FAQs
What is Share Price of Jindal Stainless ?
Jindal Stainless share price is ₹756 As on 18 September, 2024 | 02:30
What is the Market Cap of Jindal Stainless ?
The Market Cap of Jindal Stainless is ₹62284.6 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Jindal Stainless ?
The P/E ratio of Jindal Stainless is 23.8 As on 18 September, 2024 | 02:30
What is the PB ratio of Jindal Stainless ?
The PB ratio of Jindal Stainless is 4.3 As on 18 September, 2024 | 02:30