Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Jindal Steel & Power Limited operates in the steel, mining, and infrastructure sectors in India and internationally. The company offers TMT rebars, wire rods, round bars, track and head-hardened rails, sheet piles, plates, and hot-rolled coils, as well as medium and heavy hot-rolled parallel flange beams, angles, channels, and column sections. It also provides cathode bars used in the aluminium industry; Jindal Speedfloor System, a suspended concrete flooring solution; track shoes are used for heavy-duty undercarriages; fabricated sections, including H-beams, I-beams, and trusses; semi-finished products, such as slabs, billets, blooms, beam blanks, and rounds; and coal-based sponge iron products. In addition, the company produces and sells Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag under the Jindal Panther Cement brand name. Further, it operates coal and iron ore mines located at various locations in India and internationally. The company was founded in 1952 and is based in New Delhi, India.

Revenue projections:

Revenue projections for JINDALSTEL
Revenue projections for JINDALSTEL

With JINDALSTEL's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 1.253000
forwardPE 12.763676
debtToEquity 43.613000
earningsGrowth 0.000000
revenueGrowth 0.230000
grossMargins 0.525320
operatingMargins 0.128090
trailingEps 33.100000
forwardEps 95.810960

Jindal Steel & Power Limited's current ratio is 1.253, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as Jindal Steel & Power Limited should not face any issues meeting its short-term liabilities with available resources.
JINDALSTEL's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
JINDALSTEL's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that JINDALSTEL's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

The price of JINDALSTEL has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


13 JINDALSTEL transactions were recorded, when the market price was 959.6230844350962.1 purchases of JINDALSTEL stock were recorded, with market price of 1217.0999755859375 per share.JINDALSTEL is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.

Recommendation changes over time:

Recommendations trend for JINDALSTEL
Recommendations trend for JINDALSTEL


Analysts have been favoring JINDALSTEL with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning JINDALSTEL as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.