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

Investors may be wary of Jindal Steel & Power Limited as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 1.062000
forwardPE 10.738514
debtToEquity 38.816000
earningsGrowth 0.000000
revenueGrowth -0.023000
grossMargins 0.533890
operatingMargins 0.119860
trailingEps 27.860000
forwardEps 20.330000

A current ratio of 1.062 for JINDALSTEL implies that the company has ample liquidity to meet its short-term debts. JINDALSTEL's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
Jindal Steel & Power Limited's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
Jindal Steel & Power Limited's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that Jindal Steel & Power Limited might struggle to maintain its current profit levels.
JINDALSTEL's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

JINDALSTEL's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about JINDALSTEL's ability to generate strong results going forward.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


Recent trading of JINDALSTEL stock saw 23 sales, with market price at 995.9673886506454 per share.No sell transactions occurred during the period under consideration.The recent trend of increased buying at Jindal Steel & Power Limited'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


The analysts' recent buy bias for JINDALSTEL indicates strong confidence in the stock's future performance. This could encourage more investors to view JINDALSTEL as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.