Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company provides ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets, as well as razor blade steel, precision strips, and long products. Its products are used in architecture, building and construction, automotive and transport, railway, consumer durable, and process industry applications. Jindal Stainless Limited was founded in 1970 and is based in New Delhi, India.

Revenue projections:

Revenue projections for JSL
Revenue projections for JSL

With Jindal Stainless Limited'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 1.268000
forwardPE 16.304853
debtToEquity 38.316000
earningsGrowth 0.181000
revenueGrowth 0.079000
grossMargins 0.205910
operatingMargins 0.080370
trailingEps 30.400000
forwardEps 54.290000

JSL's current ratio of 1.268 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as JSL can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
JSL's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
Jindal Stainless Limited's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that Jindal Stainless Limited is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.

Price projections:

Price projections for JSL
Price projections for JSL

The price of Jindal Stainless 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 JSL
Insider Transactions for JSL


5 JSL sales were executed, with market price at 733.3500122070312.During the period under review, no sell transactions were recorded.More buys than sells near the current price levels of JSL might signal a favorable outlook for the stock. Investors seem to be showing confidence by purchasing more, potentially expecting positive future performance.

Recommendation changes over time:

Recommendations trend for JSL
Recommendations trend for JSL


Analysts' buy bias toward JSL suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, JSL is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.