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 0.991000
forwardPE 12.465716
debtToEquity 38.018000
earningsGrowth -0.260000
revenueGrowth 0.042000
grossMargins 0.541090
operatingMargins 0.113950
trailingEps 27.060000
forwardEps 20.330000

With JINDALSTEL's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
JINDALSTEL's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
JINDALSTEL's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.
Jindal Steel & Power Limited's forward EPS is lower than its trailing EPS, indicating that the company is expected to be less profitable this year. This suggests a potential slowdown in financial performance.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

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

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


13 separate sales of Jindal Steel & Power Limited shares were executed, with the market price hovering at 959.6230844350962.No sell transactions were carried out during the period under review.The recent buying activity at current JINDALSTEL price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.

Recommendation changes over time:

Recommendations trend for JINDALSTEL
Recommendations trend for JINDALSTEL


Jindal Steel & Power Limited has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view Jindal Steel & Power Limited as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.