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Jindal Steel & Power Ltd.
Share Price Target & Analysis

NSE:JINDALSTEL

873.48

VWAP

873.7

Open

871.2

Close

884

High

858.5

Low

1097

52 Week High

878.95 ⇧
7.75 (0.89%)

JINDALSTEL

(METALS)
50.4% Momentum

Turnaround Potential

652.25

52 Week Low

50.15

EPS

21.01

PE

1.97

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: JINDALSTEL Share Price Financial Analysis & Valuation

Jindal Steel & Power Ltd. (JINDALSTEL) is broadly categorized in METALS segment industry which deals in Steel - Sponge Iron vertical. It is one of Large Cap company with Market Capitalization of Rs 38289.1 (in Cr). Total number of free float shares are 96.8 (in Lacs). Jindal Steel & Power Ltd. is listed on NSE with Exchange ID - INE749A01030 and trading code is NSE:JINDALSTEL with short name Jindal Steel.

Jindal Steel & Power Ltd. is good enough to Outperformed the market. JINDALSTEL gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Jindal Steel & Power Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Jindal Steel & Power Ltd. has declared an equity dividend of Rs 2 per share. At the current share price of JINDALSTEL at Rs 878.95, this results in a dividend yield of 0.23 %.

As per the Fundamental Analysis of NSE:JINDALSTEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine JINDALSTEL underlying value and future prospects. All of this data is available in JINDALSTEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:JINDALSTEL, it is clearly understood that JINDALSTEL is Standard performer in terms of earnings and profit margins with an EPS of 50.15. NSE:JINDALSTEL book value per share as of today is 445.99. The current price to book ratio for JINDALSTEL as of Nov 23, 2024 is 1.97.

Valuation of the Stock: The current valuation of JINDALSTEL stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of JINDALSTEL whether to BUY this stock at current valuation. The delivery percentage of JINDALSTEL is 31.45% is very crucial parameter which shows that 31.45% investors are anticipating that the price of JINDALSTEL share should go up with VWAP at 873.48.

Now, the main question is whether to BUY or SELL, NSE:JINDALSTEL at current valuation.
As per latest Analysis No. #1069:-

⇑ STRONG BUY JINDALSTEL if All Greens

⇗ BUY JINDALSTEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD JINDALSTEL (With Stop Loss) if only 1 Green

⇘ SELL JINDALSTEL if NO Green Indicator

NSE: JINDALSTEL Share Price Today (Nov 23, 2024)

(Jindal Steel & Power Ltd. Daily Analysis on the basis of JINDALSTEL Intraday Graph & Trend)

Jindal Steel & Power Ltd. share price moved Up by 0.89% from its previous close of Rs 871.2. JINDALSTEL stock last traded price is 878.95. JINDALSTEL share price trend is Up with a total of 895031 stocks traded till now. It has touched an intraday high of Rs 884 and an intraday low of Rs 858.5. The JINDALSTEL trading at 878.95, Up by Rs. 7.75, or 0.89 percent which suggests that most of the Traders are anticipating that the price of JINDALSTEL share should go Up.

NSE: JINDALSTEL Share Price Tomorrow Prediction

(Jindal Steel & Power Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of JINDALSTEL)

Jindal Steel & Power Ltd. share price moved Up by 0.89%. JINDALSTEL share price short term trend is Up. It suggests that JINDALSTEL Share Price for Tomorrow remains the same with VWAP at 873.48 will be treated as stop loss for intraday traders. Jindal Steel & Power Ltd. Long term investors can follow the JINDALSTEL long term trend as mentiond in future forecast table.

NSE Code

NSE: JINDALSTEL

JINDALSTEL Share Price Today

 878.95

JINDALSTEL Share Price Target Prediction for 2024 ^

 840.9 - 1102.4

JINDALSTEL Share Price Target Prediction for 2025*^

 1102.4 - 1174.4

JINDALSTEL Share Price Target Prediction for 2026*^

 1174.4 - 1256.6

JINDALSTEL Share Price Target Prediction for 2027*^

 1319

JINDALSTEL Share Price Target Prediction for 2028*^

 1357

JINDALSTEL Share Price Target Prediction for 2030*^

 1479
JINDALSTEL Current Book Value 2023
443.8

*Jindal Steel & Power Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^JINDALSTEL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

JINDALSTEL Technical Analysis

Candlestick Pattern: @877.4

JINDALSTEL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 891.59 SELL 888.89 SELL
MA_12 914.36 SELL 909.73 SELL
MA_20 918.41 SELL 921.61 SELL
MA_32 952.21 SELL 938.29 SELL
MA_50 968.7 SELL 949.26 SELL
MA_100 965.19 SELL 956.45 SELL
MA_200 934.82 SELL 915.17 SELL

JINDALSTEL Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 918.41 Downtrend
MACD -3.73 SELL
ADX 27.63 Strong Trend
DMI (+/-) 12.46 / 29.4 Downtrend

JINDALSTEL Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 37.82 Neutral
STOCHASTIC_K (Fast) 13.54 Oversold
STOCHASTIC_D (Slow) 4.88 Oversold
CCI -159.15 SELL
PSAR 957.73 SELL
TRUE RANGE 29.35 Neutral
ATR 31.84 Neutral
WILLIAMS R -80.34 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 42.97 Neutral
STOCHASTIC RSI D 14.32 Oversold
MOMENTUM -82.85 SELL

JINDALSTEL Last 1 Year Trend

Duration Value
1 Year 37.97%
3 Months -3.47%
1 Month -8.63%
1 Week -7.41%

JINDALSTEL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 17%
SELL 80%

Most popular Questions & Answers about JINDALSTEL


Jindal Steel & Power Ltd. stock last traded price is 878.95. JINDALSTEL share price moved Up by 0.89% from its previous close of Rs 871.2.

Jindal Steel & Power Ltd. share price trend is Up with a total of 895031 stocks traded till now. It has touched an intraday high of Rs 1107.97 and an intraday low of Rs 858.5. The JINDALSTEL trading at 878.95, Up by Rs. 7.75, or 0.89 percent which suggests that most of the Traders are anticipating that the price of JINDALSTEL share should go Up and the Stop Loss will be around 873.48.

The market cap of Jindal Steel & Power Ltd. is ₹38289.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Jindal Steel & Power Ltd. as of Nov 22, 2024 is 21.01.

The current price to book ratio for Jindal Steel & Power Ltd. as of Nov 22, 2024 is 1.97.

The highest price of Jindal Steel & Power Ltd. stock is ₹1097 in the last 52-week.

The lowest price of Jindal Steel & Power Ltd. stock is ₹652.25 in the last 52-week.

Jindal Steel & Power Ltd. share trading at ₹878.95, Up by Rs. 7.75, or 0.89 percent which suggests that most of the traders are anticipating that the price of JINDALSTEL share should go Up.

In 2023, Stock price target for Jindal Steel & Power Ltd. (JINDALSTEL) are ₹840.9 on downside and ₹1102.4 on upside. Jindal Steel & Power Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Jindal Steel & Power Ltd. (JINDALSTEL) are ₹1102.4 on downside and ₹1174.4 on upside. Jindal Steel & Power Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Jindal Steel & Power Ltd. (JINDALSTEL) are ₹1174.4 on downside and ₹1256.6 on upside. Jindal Steel & Power Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Jindal Steel & Power Ltd. (JINDALSTEL) will be around ₹1357 Jindal Steel & Power Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of JINDALSTEL.

The price of Jindal Steel & Power Ltd. (JINDALSTEL) shares moved by 0.89%. The short-term trend for JINDALSTEL share price is Up. It implies that the share price of JINDALSTEL will stay the same tomorrow and that intraday traders should treat VWAP at 873.48 as a stop loss. Investors with a long-term outlook can track JINDALSTEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of JINDALSTEL stock is 601.3. Compared to the current market price of 878.95 INR, the JINDALSTEL stock is Overvalued by 31.6%.

As per the fundamental analysis of Jindal Steel & Power Ltd. (JINDALSTEL), it is of Standard quality in terms of earnings and profit margins with an EPS of 50.15. Jindal Steel & Power Ltd. book value per share as of today is 445.99. The current price to book ratio for JINDALSTEL as of Nov 23, 2024 is 1.97.


NSE:JINDALSTEL News & Other Useful Information about JINDALSTEL Share Price


Peer Comparison of NSE: JINDALSTEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Sponge Iron

Company Price EPS BV
JINDALSTEL 878.95 50.15 445.99
GPIL 182.71 12.76 63.58
TATASTLLP 829.95 0 456.63
SARDAEN 414.00 14.68 99.79
JSWISPL 39.00 0 9.93
GALLISPAT 64.15 5 32.82
MSPL 42.03 0.3 7.68
JAIBALAJI 923.40 47.66 83.47
ANKITMETAL 3.41 0 -62.55
VASWANI 48.20 3.28 36.8
Updated at: 22 Nov 2024 15:31

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