JINDALSTEL Share Price Discussion

Jindal Steel & Power Ltd.
Sector: Iron and Steel

JINDALSTEL Share Price *

144.5 +0.05 (0.03%)

* (quote may be delayed)

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JINDALSTEL Discussion Forum

Balaji consultants @crudeoilhun...

JINDALSTEL

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Dec 9 4:57 PM

Sell Jindal steel 143 sl 145 Tgt 138.80

Anvesh @anvesh-B1ok...

JINDALSTEL

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Dec 5 2:46 AM

Q. JINDALSTEL

JINDALSTEL DEC145 PE view please. I have 1 lot at 6 rupees.

Reply (3)

Latest replies

SAFE PORTFOLIO @safe

•

Dec 5 3:58 AM

Exit if sustain above 155

vijay jaria @vijayjaria

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Dec 5 12:59 PM

If it does not breaks above 156.5 than downside coming till 136 if that breaks than more downside till 132 and 124 . There is a gap between 124-125 it may come down to fill that gap but if sustain above 156-157 than it will be Sideways

Anvesh @anvesh-B1okcYljS

•

Dec 5 2:39 PM

Thanks for your advices 

Commodity Biz @commodityBiz

JINDALSTEL

•

Dec 4 10:23 PM

# JINDALSTEL OVERVIEW
Jindalstel target 158 and find support at 142

Mohammed Hossain @mohammedhos...

JINDALSTEL

•

Dec 3 5:04 PM

BSC News
JINDAL STEEL & POWER: INDIA TOP COURT REFUSES TO ALLOW SALE OF JINDAL IRON ORE STOCK

#Hansraj pandey @ENRITCHansraj

JINDALSTEL

•

Dec 3 5:03 PM

BSC News
JINDAL STEEL & POWER: INDIA TOP COURT REFUSES TO ALLOW SALE OF JINDAL IRON ORE STOCK

TTA @TTA

JINDALSTEL

•

Dec 3 4:50 PM

Sarda Mining Case | No relief for JSPL, Supreme Court refuses to allow sale or transport of Rs 2,000 cr iron ore claimed by JSPLCorporate . Next hearing is scheduled for January 17
JSPL - Next hearing is scheduled for January 17

Balaji @balaji3516

JINDALSTEL

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Nov 29 5:47 PM

Balaji in JINDALSTEL
Sell 162.5 Target 161 Sl 163

It went down to 158 but because of very small stop loss it triggered

Balaji @balaji3516

JINDALSTEL

•

Nov 29 3:16 PM

Balaji in JINDALSTEL
Sell 162.5 Target 161 Sl 163

Sl hit

Balaji @balaji3516

JINDALSTEL

•

Nov 29 3:04 PM

Sell 162.5
Target 161
Sl 163

Balaji @balaji3516

JINDALSTEL

•

Nov 28 8:28 PM

Balaji in JINDALSTEL
161 buy Target 163 Sl 159

Made day high 166+

Balaji @balaji3516

JINDALSTEL

•

Nov 28 5:40 PM

Balaji in JINDALSTEL
161 buy Target 163 Sl 159

Target reached

TradeAdda @nishantshah91

JINDALSTEL

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Nov 28 5:20 PM

JindalSteel
The stock that keeps giving we bought this positionally on Monday around 144.25 with targets 170/180 . Made high 162.90 today heading towards T1 170 up Almost 18+ points in four days. Lot Size 3200. Keep Booking Positional as per comfort profit 50k+ per Lot. 
#TRADEA...

King Harry @kingharry

JINDALSTEL

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Nov 4 8:51 PM

#Jindalsteel Fireeeeee frm 121 to 141.40...keep Book profit 
#Lotsize=3200
#Profit=64000/lot 
Told U our tgt BIG only...#Intraday only 11% Up.
H Koi #Market mein Jo aise tgts deta ho wo bhi intraday?
Kaam bolta h & Like karna na bhule !!!
#kingresearch #Nifty #MondayMotivation

TradeAdda @nishantshah91

JINDALSTEL

•

Nov 4 8:47 PM

TradeAdda in JINDALSTEL
JindalSteel #Nse #Bse #equity #Positional #Tra...

Jindalsteel
#Update
Made Super high 141.30 from Open=Low 125.25 Intraday Almost near Target 145 . Keep booking super Intraday Gains. 
#TradeAdda #jindalstel

TradeAdda @nishantshah91

JINDALSTEL

•

Nov 4 6:18 PM

Jindalsteel
#Update
Moving again made new high 134. 60 from Open=Low 125.25 Intraday Metals Rocking. 
#Nse #Bse #equity #Positional #TradeAdda #stockmarket #breakout #bullish
For Educational Purposes only.
#TradeAdda #jindalstel

TradeAdda @nishantshah91

JINDALSTEL

•

Nov 4 5:19 PM

Jindalsteel
#Update
Open=Low 125.25 Made High 131.40 Intraday Cmp 130 Part Book excellent Intraday gains and Trail to 115.
#Nse #Bse #equity #Positional #TradeAdda #stockmarket #breakout #bullish
For Educational Purposes only.
#TradeAdda #jindalstel

Reply (1)

Latest replies

TradeAdda @nishantshah91

•

Nov 4 6:17 PM

Jindalsteel
#Update
Moving again made new high 134. 60 from Open=Low 125.25 Intraday Metals Rocking. 
#Nse #Bse #equity #Positional #TradeAdda #stockmarket #breakout #bullish
For Educational Purposes only.
#TradeAdda #jindalstel

King Harry @kingharry

JINDALSTEL

•

Nov 4 4:57 PM

#Jindalsteel Fireeeeeee frm 121 to 131.50 .....now cmp @ 131 keeep Book profit & remaining Hold With Sl @ 123.... but important keep booking..!!
Lotsize= 3200
Profit= 32000/lot 
Keep booking Profit...yes our tgt big but small traders book as per your pocket size.
#kingresearch

TradeAdda @nishantshah91

JINDALSTEL

•

Nov 4 3:29 AM

JindalSteel
#Nse #Bse #equity #Positional #TradeAdda #stockmarket #breakout #bullish
For Educational Purposes only.
#TradeAdda

Reply (1)

Latest replies

TradeAdda @nishantshah91

•

Nov 4 5:20 PM

Jindalsteel
#Update
Open=Low 125.25 Made High 131.40 Intraday Cmp 130 Part Book excellent Intraday gains and Trail to 115.
#Nse #Bse #equity #Positional #TradeAdda #stockmarket #breakout #bullish
For Educational Purposes only.
#TradeAdda #jindalstel

JINDALSTEL - Share Price - Fundamentals
Market Capitalization 17,378.64
Enterprise Value 34,872.84
Price to Earnings 20.63
Price to Book Value 0.77
Return on Capital Employed 0.04
Return on Equity -0.02
Face Value 1
Dividend Yield NA
JINDALSTEL Share Price - Technicals
JINDALSTEL - 52 Week High ₹191.2
JINDALSTEL - 52 Week Low ₹91.05
JINDALSTEL - Brokerage Reports
Date Brokerage Call Target
6-Nov-19 Prabhudas Lilladher Buy 170
5-Nov-19 Prabhudas Lilladher Buy 170
12-Sep-19 Prabhudas Lilladher Accumulate 125
19-Aug-19 Prabhudas Lilladher Accumulate 128
14-Aug-19 Edelweiss Buy 150
JINDALSTEL Brokerage Price Target
JINDALSTEL Share Price - Historical (₹)
Date Open High Low Close
Dec 11 142.95 145.4 141.5 144.45
Dec 10 143.4 145.3 139.5 141.25
Dec 9 140.6 145 138.8 143.15
Dec 6 139 145.8 134.25 139.85
Dec 5 154 154.45 135.65 141.1
JINDALSTEL Share Price - Daily Moving Averages (DMA)
20 Day Moving Average ₹147.88
30 Day Moving Average ₹141.66
50 Day Moving Average ₹125.43
100 Day Moving Average ₹120.01
200 Day Moving Average ₹140.88
JINDALSTEL - Profit And Loss
CONSOLIDATED Mar-18 Mar-17 % Change
Revenue 17,654 13,848.1 0.27
Operating Profit 3,629 2,858.19 0.27
Profit Before Tax -672 -1,456.98 -0.54
Net Income -362 -986.45 -0.63
JINDALSTEL - Balance Sheet
CONSOLIDATED Mar-19 Mar-18 % Change
Shareholder's Funds 22,549 22,788 -0.01
Total Liabilities 35,123 43,175 -0.19
Total Assets 57,672 65,963 -0.13
JINDALSTEL - Cash Flow
CONSOLIDATED Mar-18 Mar-17 % Change
Cash from Operating Activity 4,860 4,063.89 0.2
Cash from Investing Activity -870 -1,111.11 -0.22
Cash from Financing Activity -4,027 -3,137.55 0.28
Net Cash Flow -37 -184.77 -0.8
JINDALSTEL - Ratios
CONSOLIDATED Mar-18 Mar-17
Return on Assets -0.01 -0.02
Return on Equity -0.02 -0.05
Return on Capital Employed 0.04 0.02
JINDALSTEL - 3 year Growth
3 Year CAGR Growth in Revenue 0.32
3 Year CAGR Growth in Operating Profit 0.65
3 Year CAGR Growth in EBIDTA 0.07
3 Year CAGR Growth in Net Income -0.17
3 Yr CAGR Growth - Diluted EPS -0.1
JINDALSTEL - 5 year Growth
5 Year CAGR Growth in Revenue 0.18
5 Year CAGR Growth in Operating Profit -0.1
5 Year CAGR Growth in EBIDTA -0.16
5 Year CAGR Growth in Net Income -1.23
3 Yr CAGR Growth - Diluted EPS -1.22
JINDALSTEL - Recent News
NewsBot
Oct 7 7:38 PM
JSPL September quarter steel output grows 16% to 1.58 MT
Moneycontrol
NewsBot
Sep 30 1:13 AM
JSPL aims to reduce net debt to below Rs 30K crore in next 2 years
Moneycontrol
NewsBot
Sep 17 3:38 PM
Proposed Rs 100 lakh cr expenditure puts infra sector in spotlight; L&T, Mahindra among 10 stocks in focus
Moneycontrol
NewsBot
Sep 9 3:58 PM
Metal index about to turn oversold, JSW Steel, Tata Steel, Hindalco top buys
Moneycontrol
NewsBot
Aug 31 5:43 PM
Gainers and Losers: Check out the top 10 stocks which moved the most this week
Moneycontrol
NewsBot
Aug 30 4:03 PM
Top 10 stocks which saw rollover of short positions to September series
Moneycontrol
NewsBot
Aug 14 10:58 PM
An evening walk down Dalal Street: Delayed US tariffs lift market sentiments
moneycontrol.com
NewsBot
Aug 14 8:53 PM
JSPL post Q1 loss at Rs 87.4 cr, revenue grows marginally
moneycontrol.com
NewsBot
Aug 9 9:43 PM
To conserve cash in a slowdown, JSW Steel goes conservative on iron ore mines buy
moneycontrol.com
NewsBot
Aug 8 5:18 PM
JSPL debunks default rumours, says has made payments before due date
moneycontrol.com
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JINDALSTEL - More Information
Jindal Steel & Power Ltd:
Jindal Steel & Power Limited is engaged in the business of steel, power, mining, and infrastructure sectors in India, with a significant intervention in Africa, Asia, Europe and the Middle East. It has been operating its business, through Iron and Steel Products, Power, and Others segments.
The company provides crane rails and track, welded rail panels; and medium and heavy hot rolled parallel flange beams and column sections are also manufactured by the company. The company is manufacturing palates and rolled coils, which are required for railway wagon, oil and gas pipelines, windmills, bridges and flyovers, railway wagons, defence materials etc. It is producing TMT bars too, which are used in construction segments.
The company has been operating coal and iron ore mines in several places in India and internationally. A double circuit transmission line of 400 Kilo Volt has been owned by the company for the power distribution in India. A thermal power plant with a capacity of 3400 Megawatt is established by the company in Tamnar, Chhattisgarh. Jindal Steel & Power Limited was inaugurated in 1979 and is headquartered in New Delhi, India.
About Company Information:
In 1995, Jindal Power Ltd, a cent per cent subsidiary of Jindal Steel & Power Limited was incorporated, to intervene in the power industry. In May 1998, when an accident took place, the steel melting shop of the organization was closed down. A year later, the Raigarh and Raipur Divisions of Jindal Strips Ltd were separated from the company, in 1999.
Company’s Steel Melting Shop was reopened and made ready for operations, in October 2009. A Round Caster Unit was set up in Raigarh in May 2000 and made ready for producing Rounds.
In 2003-04, universal beams and structures were started to be manufactured by the company, in addition to the production of value-added steel products, which include slabs, rounds, blooms and billets. A Memorandum of Understanding took place between the company and the Government of Chhattisgarh in January 2005.
A Bolivarian firm, El Mutun development came to a joint venture with the company in 2006. Again a Memorandum of Understanding took place between Government of Chhattisgarh and the company, regarding the incorporation of a cement plant and a power plant with capacities 2 million TPA and 30 Mega Watt respectively in Raigarh, against a cost of Rs.720 crores.
The production at the bar mill and a wire rod mill with capacities 1.0 MTPA and 0.6 MTPA respectively at Jharkhand’s Patratu, had been in production since 20101-11. In June 2010, Oman-based Shadeed Iron & Steel Co. LLC was acquired by Jindal Steel & Power (Mauritius) Limited, a solely owned subsidiary of Jindal Steel & Power Limited.
A medium and light section mill with a capacity of 0.6 MTPA was started for operation in January 2011. The fourth unit of 135MW plant at Raigarh in Chhattisgarh and second unit of 135 MW power plant at Angul, Orissa was made ready for production in January 2012, resulted as the commissioning of six units in the series of ten units of 135 Mega Watt.
In August 2013, an announcement was made publicly by the company, that its largest Steel Melting Shop, under an integrated steel plant, having a capacity of 6.0 MTPA would be incorporated at Odisha’s Angul. Jindal Shadeed Iron & Steel, company’s Oman-based cent per cent subsidiary, became successful in commissioning an integrated steel plant with a capacity of 2 MTPA at Sohar, Oman.
The company reached a milestone of producing 10,000 tonnes of crude steel in a single day in its steel melting shop at Raigarh in June 2015. Through an official statement, the company announced about commissioning a Rebar Mill with a capacity of 1.4 MTPA at Sohar in Oman, on March 2016. Finally, on May 2017, it was publicly announced by Jindal Steel and Power Limited that the integrated steel plant at Odisha’s Angul, with a capacity of 6 MTPA had been made ready for commencing production, against a capital investment of Rs.33, 000 crores.
Jindal Steel and Power Limited (JSPL) declared that Qualified Institutions Placement (QIP) issue of Rs.1200 crore had been successfully closed, on March 2018. On April 2018, Jindal Steel and Power Limited (JSPL) declared that the company’s ever highest monthly crude steel production record was achieved in March 2018.
How Jindal Steel & Power Ltd, is categorized as Iron and Steel Sector and Steel Industry:
The Iron and steel sector is a section that includes companies that are in the steel manufacturing industries. There are quite a huge number of steel manufacturers by producing steel in large quantities.
Jindal Steel & Power Ltd, is categorized as Iron and Steel Sector and Steel Industry. India is the world’s second-largest steel producer. The rapid growth in the Indian steel sector has been encouraged by the domestic availability of raw materials which includes iron ore and cost-effective labour. The steel sector has been a significant contributor to India’s manufacturing output. The Indian steel industry is contemporary with state-of-the-art steel mills. The industry has always strived for continuous up-gradation and modernisation of older steel plants and higher energy efficiency levels.
Jindal Steel & Power Ltd, Competitors and Sector Peers:
JSW Steel Ltd. JSWST
Aanchal Ispat Ltd. AANISP
Adhunik Industries Ltd. ADHUIN
Aryavan Enterprise Ltd. DEEALL
Balaji Industrial Corporation Ltd. BALIND
Beekay Steel Industries Ltd. BEESTE
Bhuwalka Steel Industries Ltd. BHUWAS
Eastcoast Steel Ltd. EASSTE
Ensa Steel Industries Ltd. ENSSTE
Essar Steel India Ltd. ESSARS
Facor Steels Ltd. FACSTE
Gallantt Ispat Ltd. GALISP
Hariyana Metals Ltd. HARMET
Lloyds Steels Industries Ltd. LLOYST
Malvika Steel Ltd. MALVST
Manaksia Steels Ltd. MANAST
Marmagoa Steel Ltd. MARMST
Midfield Industries Ltd. MIDFIN
OCL Iron & Steel Ltd. OCLIRO
Pittsburgh Iron & Steels Ltd. PITIRO
Prakash Industries Ltd. PRAKIN
Ranjeev Alloys Ltd. RANALL
SAL Steel Ltd. SALSTE
Sharda Ispat Ltd. SHAISP
Shree Precoated Steels Ltd. SHREPR
Steel Authority of India (SAIL) Ltd. STEAUT
Steel Exchange India Ltd. STEEEX
Supershakti Metaliks Ltd. SUPERM
Supremex Shine Steels Ltd. ICVSTE
Tata Steel Ltd. TATSTE
Technocraft Industries (India) Ltd. TECIND
Techtrek India Ltd. NIRMET
Visa Steel Ltd. VISSTE
Western Ministil Ltd. WESMIN

Market Capitalization	17,378.64
Enterprise Value	34,872.84
Price to Earnings	20.63
Price to Book Value	0.77
Return on Capital Employed	0.04
Return on Equity	-0.02
Face Value	1
Dividend Yield	NA

JINDALSTEL - 52 Week High	₹191.2
JINDALSTEL - 52 Week Low	₹91.05

Date	Brokerage	Call	Target
6-Nov-19	Prabhudas Lilladher	Buy	170
5-Nov-19	Prabhudas Lilladher	Buy	170
12-Sep-19	Prabhudas Lilladher	Accumulate	125
19-Aug-19	Prabhudas Lilladher	Accumulate	128
14-Aug-19	Edelweiss	Buy	150

Date	Open	High	Low	Close
Dec 11	142.95	145.4	141.5	144.45
Dec 10	143.4	145.3	139.5	141.25
Dec 9	140.6	145	138.8	143.15
Dec 6	139	145.8	134.25	139.85
Dec 5	154	154.45	135.65	141.1

20 Day Moving Average	₹147.88
30 Day Moving Average	₹141.66
50 Day Moving Average	₹125.43
100 Day Moving Average	₹120.01
200 Day Moving Average	₹140.88

CONSOLIDATED	Mar-18	Mar-17	% Change
Revenue	17,654	13,848.1	0.27
Operating Profit	3,629	2,858.19	0.27
Profit Before Tax	-672	-1,456.98	-0.54
Net Income	-362	-986.45	-0.63

CONSOLIDATED	Mar-19	Mar-18	% Change
Shareholder's Funds	22,549	22,788	-0.01
Total Liabilities	35,123	43,175	-0.19
Total Assets	57,672	65,963	-0.13

CONSOLIDATED	Mar-18	Mar-17	% Change
Cash from Operating Activity	4,860	4,063.89	0.2
Cash from Investing Activity	-870	-1,111.11	-0.22
Cash from Financing Activity	-4,027	-3,137.55	0.28
Net Cash Flow	-37	-184.77	-0.8

CONSOLIDATED	Mar-18	Mar-17
Return on Assets	-0.01	-0.02
Return on Equity	-0.02	-0.05
Return on Capital Employed	0.04	0.02

3 Year CAGR Growth in Revenue	0.32
3 Year CAGR Growth in Operating Profit	0.65
3 Year CAGR Growth in EBIDTA	0.07
3 Year CAGR Growth in Net Income	-0.17
3 Yr CAGR Growth - Diluted EPS	-0.1

5 Year CAGR Growth in Revenue	0.18
5 Year CAGR Growth in Operating Profit	-0.1
5 Year CAGR Growth in EBIDTA	-0.16
5 Year CAGR Growth in Net Income	-1.23
3 Yr CAGR Growth - Diluted EPS	-1.22