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

Revenues for JINDALSTEL are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

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

Jindal Steel & Power Limited's current ratio of 1.062, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Jindal Steel & Power Limited has enough cash and current assets to handle its immediate liabilities comfortably.
JINDALSTEL's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
Jindal Steel & Power Limited's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for Jindal Steel & Power Limited's future profitability.
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

Over time, JINDALSTEL's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for JINDALSTEL.

Insider Transactions:

Insider Transactions for JINDALSTEL
Insider Transactions for JINDALSTEL


JINDALSTEL saw 23 transactions in which shares were sold with market price at 995.9673886506454.No sell transactions were completed during the period under review.The higher volume of buys compared to sells near current JINDALSTEL price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

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.