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Jindal Steel & Power Ltd.
Share Price Target & Analysis

NSE:JINDALSTEL

1017.40

VWAP

1017.50

Open

1015.5

Close

1024.70

High

1010.05

Low

1028.00

52 Week High

1017.50 ⇧
2.00 (0.20%)

JINDALSTEL

(METALS)
97.1% Momentum

Trending & Favourite

503.00

52 Week Low

51.69

EPS

20.41

PE

2.28

PB

Standard
Quality

Silver
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 1017.50, this results in a dividend yield of 0.2 %.

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 51.69. NSE:JINDALSTEL book value per share as of today is 445.99. The current price to book ratio for JINDALSTEL as of May 18, 2024 is 2.28.

Valuation of the Stock: The current valuation of JINDALSTEL stock is like Silver which means currently the stock is at Premium. 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 36.79% is very crucial parameter which shows that 36.79% investors are anticipating that the price of JINDALSTEL share should go up with VWAP at 1017.40.

Now, the main question is whether to BUY or SELL, NSE:JINDALSTEL at current valuation.
As per latest Analysis No. #864:-

⇑ 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 (May 18, 2024)

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

Jindal Steel & Power Ltd. share price moved Up by 0.20% from its previous close of Rs 1015.5. JINDALSTEL stock last traded price is 1017.50. JINDALSTEL share price trend is Up with a total of 31 stocks traded till now. It has touched an intraday high of Rs 1024.70 and an intraday low of Rs 1010.05. The JINDALSTEL trading at 1017.50, Up by Rs. 2.00, or 0.20 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 0.20%. JINDALSTEL share price short term trend is Up. It suggests that JINDALSTEL Share Price for Tomorrow remains the same with VWAP at 1017.40 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

 1017.50

JINDALSTEL Share Price Target Prediction for 2024 ^

 736.6 - 1033.1

JINDALSTEL Share Price Target Prediction for 2025*^

 1033.1 - 1100.6

JINDALSTEL Share Price Target Prediction for 2026*^

 1100.6 - 1177.6

JINDALSTEL Share Price Target Prediction for 2027*^

 1236

JINDALSTEL Share Price Target Prediction for 2028*^

 1272

JINDALSTEL Share Price Target Prediction for 2030*^

 1386
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: @993.55

JINDALSTEL Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 952.66 BUY 963.53 BUY
MA_12 941.84 BUY 944.32 BUY
MA_20 934.25 BUY 932.55 BUY
MA_32 912.57 BUY 909.34 BUY
MA_50 879.05 BUY 885.24 BUY
MA_100 821.72 BUY 839.15 BUY
MA_200 741.64 BUY 755.42 BUY

JINDALSTEL Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 976.38 OverBought
MACD 1.49 BUY
ADX 23.43 NO or Weak Trend
DMI (+/-) 25.56 / 9.93 Uptrend

JINDALSTEL Momentum Oscillators

BUY (8) NEUTRAL (3) SELL (1)
Momentum Oscillators Value Action
RSI 69.92 Neutral
STOCHASTIC_K (Fast) 96.51 Overbought
STOCHASTIC_D (Slow) 85.55 Overbought
CCI 304.77 BUY
PSAR 908.6 BUY
TRUE RANGE 23.25 SELL
ATR 29.17 Neutral
WILLIAMS R -5.72 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 86.39 Overbought
MOMENTUM 96 BUY

JINDALSTEL Last 1 Year Trend

Duration Value
1 Year 70.73%
3 Months 27.27%
1 Month 10.7%
1 Week 5.29%

JINDALSTEL Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 13%
SELL 3%

Most popular Questions & Answers about JINDALSTEL


Jindal Steel & Power Ltd. stock last traded price is 1017.50. JINDALSTEL share price moved Up by 0.20% from its previous close of Rs 1015.5.

Jindal Steel & Power Ltd. share price trend is Up with a total of 31 stocks traded till now. It has touched an intraday high of Rs 1038.28 and an intraday low of Rs 1010.05. The JINDALSTEL trading at 1017.50, Up by Rs. 2.00, or 0.20 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 1017.40.

The market cap of Jindal Steel & Power Ltd. is ₹38289.1 (in Cr) as of May 17, 2024.

The current price to earning ratio for Jindal Steel & Power Ltd. as of May 17, 2024 is 20.41.

The current price to book ratio for Jindal Steel & Power Ltd. as of May 17, 2024 is 2.28.

The highest price of Jindal Steel & Power Ltd. stock is ₹1028.00 in the last 52-week.

The lowest price of Jindal Steel & Power Ltd. stock is ₹503.00 in the last 52-week.

Jindal Steel & Power Ltd. share trading at ₹1017.50, Up by Rs. 2.00, or 0.20 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 ₹736.6 on downside and ₹1033.1 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 ₹1033.1 on downside and ₹1100.6 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 ₹1100.6 on downside and ₹1177.6 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 ₹1272 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.

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 51.69. Jindal Steel & Power Ltd. book value per share as of today is 445.99. The current price to book ratio for JINDALSTEL as of May 18, 2024 is 2.28.


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 1017.50 51.69 445.99
KIOCL 458.00 0.69 32.94
GPIL 908.50 66.21 276.73
TATASTLLP 829.95 0 456.63
SARDAEN 267.60 14.57 88.05
JSWISPL 39.00 0 9.93
GALLISPAT 64.15 5 32.82
MSPL 26.25 0.53 7.32
JAIBALAJI 967.50 51 33.82
ANKITMETAL 3.95 0 -62.55
Updated at: 18 May 2024 09:29

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