Jindal stainless share price

Jindal Stainless Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Jindal Stainless Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/42719/jindal-stainless-ltd/ Get Jindal Stainless Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Jindal Stainless Limited engages in the manufacture and sale of stainless-steel flat products in India and internationally. It provides ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. The company's products are used in architecture, building and construction, automotive and transport, railway, consumer durable, process industry, precision strip and blade steel, coin blank, nuclear, and plumbing applications. Jindal Stainless Limited was founded in 1970 and is based in New Delhi, India.

Jindal Stainless share price was Rs 562.80 as on 08 Mar, 2023, 03:52 PM IST. Jindal Stainless share price was up by 4.02% based on previous share price of Rs 541.05. Jindal Stainless share price trend: • Last 1 Month: Jindal Stainless share price moved up by 15.95% • Last 3 Months: Jindal Stainless share price moved up by 49.46% • Last 12 Months: Jindal Stainless share price moved up 62.59% • • Promoter holding has not changed in last 9 months and holds 58.88 stake as on 31 Dec 2022 • Domestic Institutional Investors holding has gone up from 4.11 (31 Dec 2021) to 4.72 (31 Dec 2022) • Foreign Institutional Investors holding has gone up from 20.13 (31 Dec 2021) to 21.07 (31 Dec 2022) • Other investor holding have gone down from 16.88 (31 Dec 2021) to 15.33 (31 Dec 2022) •

• The company has shown a good profit growth of 129.215584147535% for the Past 3 years. • The company has shown a good revenue growth of 17.3001552762419% for the Past 3 years. • Company has been maintaining healthy ROE of 20.8357960202029% over the past 3 years. • Company has been maintaining healthy ROCE of 22.4977994971585% over the past 3 years. • Company’s PEG ratio is 0.0516246396432758. • The company has an efficient Cash Conversion Cycle of 0.979537009716395 days. • The company has a good cash flow management; CFO/PAT stands at 2.33509304863303. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 9596.17 5336.41 5442.44 6220.61 9444.31 Total Expenditure 8312.9 4813.15 5031.28 5598.28 8347.31 Operating Profit 1283.27 523.26 411.16 622.33 1097 Other Income 22.59 16.39 17.32 22.3 32.29 Interest 71.2 67.35 79.48 75.58 74.58 Depreciation 172.19 89.12 90.84 91.75 168.72 Exceptional Items 0 0 0 0 0 Profit Before Tax 1062.47 383.18 258.16 477.3 885.99 Tax 276.92 96.44 68.95 126.08 226.84 Profit After Tax 785.55 286.74 189.21 351.22 659.15 Adjusted EPS (Rs) 14.95 5.46 3.6 6.68 8 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 10784.55 12585.01 12320.11 11679.14 20311.94 Total Expenditure 9503.62 11449.07 11145.29 10283.29 17727.92 Operating Profit 1280.93 1135.94 1174.82 1395.85 2584.02 Other Income 45.41 27.58 36.98 42.3 260.48 Interest 540.63 61...

Shares of In terms of technicals, the relative strength index (RSI) of Jindal Stainless stands at 58.8, signaling it's trading neither in the overbought nor in the oversold zone. Jindal Stainless stock has a one-year beta of 0.9, indicating low volatility during the period. Jindal Stainless shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Jindal Stainless Ltd has manufacturing facilities at Jajpur, Odisha and Hisar, Haryana and an overseas unit in Indonesia, ICICI Direct said, reiterating its buy call with a target price of Rs 350. Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher said, "The stock has just come out of the rectangular box pattern on the daily chart to indicate a breakthrough with improving bias and volume participation and a fresh upward move can be anticipated with near-term target of Rs 328 level. The near term support would be around Rs 298-300 zone which one can maintain as the stop loss level." The stock is also among the top picks of B&K Securities. In a report dated May 18, the brokerage upgraded its target price from the earlier Rs 315 to Rs 352. It assigned EV/EBITDA of 5.7 times on FY25E EBITDA considering the upcoming volume growth, stable pricing, combination of Jindal United Steel Ltd (JUSL) and exports. Jindal Stainless reported a 20% fall in net profit to Rs 716.29 crore in the March 2023 quarter. However on a quarter-on-quarter basis, the firm reported a 40% rise in profit...

• Stock Returns vs Nifty Midcap 100 Stock gave a 3 year return of 931.88% as compared to Nifty Midcap 100 which gave a return of 142.42%. (as of last trading session) • Stock Returns vs Nifty Metal Stock generated 931.88% return as compared to Nifty Metal which gave investors 211.67% return over 3 year time period. (as of last trading session) NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 17.54 2.29 17.72 18.46 7.79 39.76 8.37 5.52 25.68 1.38 0.32 0.00 24.81 4.27 17.24 19.93 11.34 14.15 14.50 10.36 11.51 2.47 0.17 0.00 30.03 3.65 12.15 11.75 5.45 6.61 27.78 17.87 8.34 2.18 0.30 0.00 10.71 2.20 20.11 15.03 5.40 26.88 6.38 3.20 11.89 3.06 1.76 0.00 -25.62 2.71 -10.55 -6.27 -1.07 8.51 -0.51 -0.71 -1.63 0.52 2.42 0.00 Add More • Stock Returns vs Nifty Midcap 100 Stock gave a 3 year return of 931.88% as compared to Nifty Midcap 100 which gave a return of 142.42%. (as of last trading session) • Stock Returns vs Nifty Metal Stock generated 931.88% return as compared to Nifty Metal which gave investors 211.67% return over 3 year time period. (as of last trading session) Meeting Date Announced on Purpose Details May 17, 2023 May 10, 2023 Board Meeting Audited Results & Final Dividend Apr 18, 2023 Apr 12, 2023 Board Meeting Special Dividend Jan 23, 2023 Jan 16, 2023 Board Meeting Quarterly Results Nov 02, 2022 Oct 26, 2022 Board Meeting Quarterly Results Jul 25, 2022 Jul 18, 2022 Board Meeting Quarte...