Jindal Stainless Ltd.
Share Price Target & Analysis
NSE:JSL
VWAP
Open
Close
High
Low
52 Week High
16.20 (2.47%)
JSL
(METALS)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: JSL Share Price Financial Analysis & Valuation
Jindal Stainless Ltd. (JSL) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical.
It is one of Mid Cap company with Market Capitalization of Rs 10224.1 (in Cr). Total number of free float shares are 47.9 (in Lacs).
Jindal Stainless Ltd. is listed on NSE with Exchange ID - INE220G01021 and trading code is NSE:JSL with short name Jindal Stainles.
In the past 1 year, Jindal Stainless Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of JSL at Rs 671.55, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:JSL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine JSL underlying value and future prospects. All of this data is available in JSL financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:JSL, it is clearly understood that JSL is Economical performer in terms of earnings and profit margins with an EPS of 29.43. NSE:JSL book value per share as of today is 166.26. The current price to book ratio for JSL as of Nov 23, 2024 is 4.04.
Valuation of the Stock: The current valuation of JSL 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 JSL whether to BUY this stock at current valuation. The delivery percentage of JSL is 54.83% is very crucial parameter which shows that 54.83% investors are anticipating that the price of JSL share should go up with VWAP at 668.57.
Now, the main question is whether to BUY or SELL, NSE:JSL at current valuation.
As per latest Analysis No. #2094:-
⇑ STRONG BUY JSL if All Greens
⇗ BUY JSL (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD JSL (With Stop Loss) if only 1 Green
⇘ SELL JSL if NO Green Indicator
NSE: JSL Share Price Today (Nov 23, 2024)
(Jindal Stainless Ltd. Daily Analysis on the basis of JSL Intraday Graph & Trend)
Jindal Stainless Ltd. share price moved Up by 2.47% from its previous close of Rs 655.35. JSL stock last traded price is 671.55. JSL share price trend is Up with a total of 369544 stocks traded till now. It has touched an intraday high of Rs 677 and an intraday low of Rs 655.55. The JSL trading at 671.55, Up by Rs. 16.20, or 2.47 percent which suggests that most of the Traders are anticipating that the price of JSL share should go Up.
NSE: JSL Share Price Tomorrow Prediction
(Jindal Stainless Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of JSL)
Jindal Stainless Ltd. share price moved Up by 2.47%. JSL share price short term trend is Up. It suggests that JSL Share Price for Tomorrow remains the same with VWAP at 668.57 will be treated as stop loss for intraday traders. Jindal Stainless Ltd. Long term investors can follow the JSL long term trend as mentiond in future forecast table.
NSE Code |
NSE: JSL |
JSL Share Price Today |
671.55 |
JSL Share Price Target Prediction for 2024 ^ |
516.4 - 711.7 |
JSL Share Price Target Prediction for 2025*^ |
711.7 - 907.9 |
JSL Share Price Target Prediction for 2026*^ |
907.9 - 971.5 |
JSL Share Price Target Prediction for 2027*^ |
1020 |
JSL Share Price Target Prediction for 2028*^ |
1049 |
JSL Share Price Target Prediction for 2030*^ |
1144 |
JSL Current Book Value 2023 |
165.4 |
*Jindal Stainless Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^JSL 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.
JSL Technical Analysis
Candlestick Pattern: @694.55MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 700.02 | SELL | 697.86 | SELL |
MA_12 | 694.9 | SELL | 698.69 | SELL |
MA_20 | 689.23 | BUY | 702.64 | SELL |
MA_32 | 719.69 | SELL | 711.8 | SELL |
MA_50 | 730.64 | SELL | 719.2 | SELL |
MA_100 | 732.35 | SELL | 725.07 | SELL |
MA_200 | 717.19 | SELL | 688.63 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 689.23 | Uptrend |
MACD | 3.21 | BUY |
ADX | 18.37 | NO or Weak Trend |
DMI (+/-) | 16.73 / 17.62 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 44.68 | Neutral |
STOCHASTIC_K (Fast) | 16.99 | Oversold |
STOCHASTIC_D (Slow) | 20.33 | Neutral |
CCI | 16.31 | Neutral |
PSAR | 660.95 | BUY |
TRUE RANGE | 17.1 | BUY |
ATR | 23.67 | Neutral |
WILLIAMS R | -41.15 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 17.28 | Oversold |
STOCHASTIC RSI D | 5.76 | Oversold |
MOMENTUM | -69.2 | SELL |
Duration | Value |
---|---|
1 Year | 43.75% |
3 Months | 0.04% |
1 Month | -9.06% |
1 Week | -3.94% |
Action | Overall (%) |
---|---|
BUY | 20% |
NEUTRAL / HOLD | 23% |
SELL | 57% |
Most popular Questions & Answers about JSL
Jindal Stainless Ltd. stock last traded price is 671.55. JSL share price moved Up by 2.47% from its previous close of Rs 655.35.
Jindal Stainless Ltd. share price trend is Up with a total of 369544 stocks traded till now. It has touched an intraday high of Rs 856.48 and an intraday low of Rs 655.55. The JSL trading at 671.55, Up by Rs. 16.20, or 2.47 percent which suggests that most of the Traders are anticipating that the price of JSL share should go Up and the Stop Loss will be around 668.57.
The market cap of Jindal Stainless Ltd. is ₹10224.1 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Jindal Stainless Ltd. as of Nov 22, 2024 is 23.1.
The current price to book ratio for Jindal Stainless Ltd. as of Nov 22, 2024 is 4.04.
The highest price of Jindal Stainless Ltd. stock is ₹848 in the last 52-week.
The lowest price of Jindal Stainless Ltd. stock is ₹492.6 in the last 52-week.
Jindal Stainless Ltd. share trading at ₹671.55, Up by Rs. 16.20, or 2.47 percent which suggests that most of the traders are anticipating that the price of JSL share should go Up.
In 2023, Stock price target for Jindal Stainless Ltd. (JSL) are ₹516.4 on downside and ₹711.7 on upside. Jindal Stainless Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Jindal Stainless Ltd. (JSL) are ₹711.7 on downside and ₹907.9 on upside. Jindal Stainless Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Jindal Stainless Ltd. (JSL) are ₹907.9 on downside and ₹971.5 on upside. Jindal Stainless 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 Stainless Ltd. (JSL) will be around ₹1049 Jindal Stainless Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of JSL.
The price of Jindal Stainless Ltd. (JSL) shares moved by 2.47%. The short-term trend for JSL share price is Up. It implies that the share price of JSL will stay the same tomorrow and that intraday traders should treat VWAP at 668.57 as a stop loss. Investors with a long-term outlook can track JSL long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of JSL stock is 352.9. Compared to the current market price of 671.55 INR, the JSL stock is Overvalued by 47.4%.
As per the fundamental analysis of Jindal Stainless Ltd. (JSL), it is of Economical quality in terms of earnings and profit margins with an EPS of 29.43. Jindal Stainless Ltd. book value per share as of today is 166.26. The current price to book ratio for JSL as of Nov 23, 2024 is 4.04.
NSE:JSL News & Other Useful Information about JSL Share Price
Peer Comparison of NSE: JSL
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Steel - Medium & Small
Company | Price | EPS | BV |
---|---|---|---|
SBCL | 567.35 | 13.33 | 56.93 |
JSL | 671.55 | 29.43 | 166.26 |
INCREDIBLE | 51.62 | 1.65 | 28.36 |
USHAMART | 392.90 | 9.83 | 43.31 |
TIIL | 2496.10 | 90.34 | 594.02 |
MUKANDLTD | 131.08 | 6.84 | 65.49 |
LSIL | 65.98 | 0.84 | 3.55 |
VSSL | 262.45 | 13.07 | 88.27 |
RAMASTEEL | 11.97 | 0.12 | 1.88 |
KAMDHENU | 462.75 | 21.35 | 85.87 |