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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 1.062000
forwardPE 11.378509
debtToEquity 38.816000
earningsGrowth 0.000000
revenueGrowth -0.023000
grossMargins 0.533890
operatingMargins 0.119860
trailingEps 27.790000
forwardEps 20.330000

JINDALSTEL's current ratio being 1.062 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
Jindal Steel & Power Limited's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
JINDALSTEL'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 JINDALSTEL might struggle to maintain its current profit levels.
JINDALSTEL's forward EPS being lower than trailing EPS indicates reduced profitability in the upcoming year. This points to a potential decline in earnings, which could impact the company's financial strength.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

JINDALSTEL's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


JINDALSTEL experienced 14 sell transactions with market price of 952.4750017438616 per share.During the review period, no sell transactions were executed.More recent purchases than sales at current price levels for JINDALSTEL could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for JINDALSTEL
Recommendations trend for JINDALSTEL


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