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 revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

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

With a current ratio of 1.062, JINDALSTEL has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that JINDALSTEL is in a strong position to meet its immediate financial obligations without difficulty.
JINDALSTEL's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
JINDALSTEL's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
JINDALSTEL's lower forward EPS compared to trailing EPS suggests the company's earnings are expected to decline. This indicates that JINDALSTEL may be less profitable in the upcoming year, raising questions about its financial trajectory.

Price projections:

Price projections for JINDALSTEL
Price projections for JINDALSTEL

The price of Jindal Steel & Power Limited has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


There were 21 JINDALSTEL stock sales, with market price at 983.3857073102679.During the review period, no sell transactions were executed.JINDALSTEL has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.

Recommendation changes over time:

Recommendations trend for JINDALSTEL
Recommendations trend for JINDALSTEL


A recent buy bias from analysts toward JINDALSTEL may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that JINDALSTEL might be an appealing option for those looking to grow their wealth through stock market investments.