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

JINDALSTEL's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.99100
forwardPE 13.45433
debtToEquity 38.01800
earningsGrowth -0.26000
revenueGrowth 0.04200
grossMargins 0.54109
operatingMargins 0.11395
trailingEps 27.02000
forwardEps 79.05262

Jindal Steel & Power Limited's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
JINDALSTEL's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for JINDALSTEL to sustain its current profitability.
JINDALSTEL's negative gross and operating margins point to financial difficulties, as the company is incurring losses at both the production and operational levels. This suggests a potential decline in profitability and raises concerns about its financial outlook.
JINDALSTEL's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for JINDALSTEL's financial performance.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

Price projections for JINDALSTEL have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for JINDALSTEL's future.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


There were 13 transactions selling JINDALSTEL stock, with prevailing market price of 959.6230844350962.No sell transactions were completed during the period under review.The recent trend of increased buying at JINDALSTEL's current price levels may indicate a favorable market sentiment. This could point to a positive outlook for the stock, as investors show growing confidence through higher buy activity.

Recommendation changes over time:

Recommendations trend for JINDALSTEL
Recommendations trend for JINDALSTEL


Analysts are favoring Jindal Steel & Power Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Jindal Steel & Power Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.