The New Delhi-based company's revenue from operations climbed 12% to Rs 6,350 crore from Rs 5,670 crore a year earlier

Despite a rather staid quarter, the brokerage expects the company to surprise. It is of the view that the company's EBITDA is expected to spring back to Rs18,000/te with improvement in shipments.

Stocks that were in focus include names like Usha Martin which closed with gains of over 7%, PNB Housing which rallied more than 7%, and Jindal Stainless which closed with gains of nearly 6% on Monday.

“This disclosure is being made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,” added the filing.

Jindal Stainless key Products/Revenue Segments include Steel, Sale of services, Export Incentives, Job Work and Other Operating Revenue for the year ending 31-Mar-2022.

Stocks that were in focus include names like ICICI Lombard which rose more than 1%, Jindal Stainless which closed with gains of nearly a per cent, and PNC Infratech also closed with gains of nearly 2% in a muted market with strong volumes.

PSU banks stole the show, extending their gains. UCO Bank surged over 54%, whereas Indian Overseas Bank gained 30%. Meanwhile, Punjab & Sind Bank gained 20%, and Bank Of Maharashtra and Central Bank of India added 13% each.

Despite a stellar run, public sector bank stocks are far from their lifetime highs. Analysts remain bullish on the entire public sector bank pack and recommend buying them given the favourable risk-reward.

“The minor weakness with range-bound action continued in Nifty on Tuesday and the market closed the day lower by 58 points amidst volatility. After opening on a negative note, the market shifted into a narrow range movement which continued for the whole session. The opening downside gap remains partially filled,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said.

As many as 12 Chinese cities reportedly loosened Covid-related restrictions, a positive sign for an economy that has been grappling with strict virus measures for over two years. China is the top importer of various metals and minerals.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 9248.72 Crore) operating in Metals - Ferrous sector.

With exports unlikely to rebound to peak levels and prices expected to remain weak, analysts are recommending select stocks such as Tata Steel, JSPL, NMDC, Kirloskar Ferrous, and Tata Metaliks, among others.

ICICI Direct is bullish on Jindal Stainless Hisar recommended buy rating on the stock with a target price of Rs 351 in its research report dated November 05, 2022.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 7648.59 Crore) operating in Metals - Ferrous sector.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 7312.27 Crore) operating in Metals - Ferrous sector.

Aksum Trademary is discussing with early-stage investors and family offices to meet the capital requirements.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 6066.85 Crore) operating in Metals - Ferrous sector.

The company had a net profit of Rs 305.84 crore in the same period of 2021-22, JSL said in regulatory filing.Its total income rose to Rs 5,490.91 crore, about 36 per cent up compared to Rs 4,042.32 crore in the year-ago period.Expenses increased to Rs 5,089.45 crore in the quarter from Rs 3,610.89 crore in the April-June quarter of the

The company is a downstream business for Jindal Stainless and makes products like components for railway coaches, modular kitchens, industrial products, utensils and home decor from stainless steel. It was set up to popularise the use of stainless steel for everyday products.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 5441.51 Crore) operating in Metals - Ferrous sector.

Singhania added at least two new stocks, whereas he upped his stake in one of the existing counters. However, he stayed put in one stock and slashed his holdings in another one.Among the latest additions, Singhania has made entries in J Kumar Infraprojects and Paras Defence and Space Technologies during the April-June 2022 period.

The company reported a 166 per cent YoY jump in net profit at Rs 728.77 crore for the quarter compared with Rs 273.84 crore in the corresponding quarter last year. The average target price on this stock has fallen to Rs 245 from Rs 255 recently, which suggests a 150 per cent potential upside on the counter.

Some of them are obvious names, especially those that have benefitted from the commodity boom in the last couple of years. A few of them are little known names that have surprised investors and analysts.

“Before commencement of sales, gas produced from well D-2 was processed to meet the specifications and packed into ONGC pipeline from May 31, 2022, onwards. Subsequently, the Gas Transportation Agreement (GTA) between ONGC and HOEC was executed on June 03, 2022,” the company said.

Once the deal is concluded, it would be the first acquisition by Jindal Stainless Steel under the Insolvency and Bankruptcy Code. Ratan Jindal is the third son of late OP Jindal and the brother of JSW Steel promoter Sajjan Jindal.

Forbes Marshall, Thermax, Marico, Tech Mahindra, Motilal Oswal Financial Services, and Jindal Stainless are also among the companies seeking to enforce Covid protocols reflecting broader enhanced risks. Several corporates also plan to increase mass testing if the number of cases rises. Many companies are also encouraging staff to take booster shots.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 6066.85 Crore) operating in Metals - Ferrous sector.

“Investors should wait for some more dip in the metal sector and once the situation settles down, they should start accumulating fundamentally good scripts for long term gains,” said Mohit Nigam, Head - PMS, Hem Securities.

“In the case of a failure, traders should brace themselves for a volatile week. Meanwhile, they should opt for a stock-specific trading approach and prefer auto, banking mainly private, financials, and FMCG pack for identifying long trades. On the other hand, energy, metals and PSU banks may continue to trade subdued.”

Pain in the broader market was visible clearly in the advance-decline ratio of the BSE500 index where 341 of the 501 index stocks settled lower for the week. At least 24 stocks saw double digit cuts while only eight index stocks ended the week with double-digit gains.

India exported 13.5 million tonnes (MT) of finished steel in FY22, compared with 10.8 MT in FY21, while domestic steel consumption stood at 106 MT during the same period, up from 94 MT in FY21. India's iron ore exports stood at 15.3 MT in FY22, while that of iron ore pellets stood at 11 MT.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 8738.99 Crore) operating in Metals - Ferrous sector.

Net Sales are expected to increase by 30 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 4,032 crore, according to ICICI Direct.

"Death Cross signals a bearish trend ahead. But the Nifty50 also made an indecisive Doji as there was no follow up selling after the opening gap down. While the trend stays negative, a bounce cannot be ruled out."

This is follow-up on Jindal (Hisar). Can check link to related ideas. Target 3 achieved. Gain of more than 151%. Target 4 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.