Jindal Stainless Adjusts Evaluation Amid Strong Financial Performance and Market Sentiment Shift
Jindal Stainless has experienced a recent evaluation adjustment, indicating a shift in its technical outlook. The company showcases strong financial metrics, including a high return on capital employed and impressive growth in net sales and operating profit, reflecting its solid fundamentals and market position.
Jindal Stainless, a midcap player in the ferrous metals industry, has recently undergone an adjustment in evaluation, reflecting a shift in its technical outlook. The company's technical indicators have shown a transition from a bullish stance to a mildly bullish one, suggesting a nuanced change in market sentiment.In terms of performance metrics, Jindal Stainless has demonstrated a robust financial profile, highlighted by a high return on capital employed (ROCE) of 18.46%. The company maintains a low debt-to-EBITDA ratio of 1.19 times, indicating a strong capacity to manage its debt obligations. Additionally, net sales have exhibited impressive growth, with an annual increase of 29.37%, while operating profit has surged by 51.13%.
The stock has also shown resilience over the past year, generating a return of 9.98%, which surpasses the broader market's performance. With a significant institutional holding of 28.5%, Jindal Stainless benefits from the analytical capabilities of these investors. Overall, the recent evaluation adjustment reflects the company's solid fundamentals and market position within the industry.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
