JINDAL STEEL (India) Today

Equity ratings for JINDAL STEEL POWER are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2021 and ending today, the 24th of May 2022. Click here to learn more.
JINDAL STEEL POWER cannot be verified against its exchange. It appears that JINDAL STEEL is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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JINDAL STEEL Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. JINDAL STEEL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JINDAL STEEL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
JINDAL STEEL POWER is not yet fully synchronised with the market data
JINDAL STEEL POWER has some characteristics of a very speculative penny stock
JINDAL STEEL POWER has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 306.75 B in total debt with debt to equity ratio (D/E) of 0.98, which is about average as compared to similar companies. JINDAL STEEL POWER has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist JINDAL STEEL until it has trouble settling it off, either with new capital or with free cash flow. So, JINDAL STEEL's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like JINDAL STEEL POWER sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JINDAL to invest in growth at high rates of return. When we think about JINDAL STEEL's use of debt, we should always consider it together with cash and equity.
About 90.0% of JINDAL STEEL shares are held by company insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of JINDAL STEEL's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
JINDAL STEEL POWER (JINDALSTEL) is traded on Bombay Stock Exchange in India . The company currently falls under 'Mega-Cap' category with current market capitalization of 423.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate JINDAL STEEL's market, we take the total number of its shares issued and multiply it by JINDAL STEEL's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. JINDAL STEEL POWER operates under Basic Materials sector and is part of Steel industry. The entity has 1.02 B outstanding shares. JINDAL STEEL POWER has accumulated about 12.13 B in cash with 95.26 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.92.
Check JINDAL STEEL Probability Of Bankruptcy

JINDAL Stock Against Markets

Picking the right benchmark for JINDAL STEEL stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JINDAL STEEL stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JINDAL STEEL is critical whether you are bullish or bearish towards JINDAL STEEL POWER at a given time.
JINDAL STEEL POWER cannot be verified against its exchange. It appears that JINDAL STEEL is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Try Other Stock Suggestions

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JINDAL STEEL stock to make a market-neutral strategy. Peer analysis of JINDAL STEEL could also be used in its relative valuation, which is a method of valuing JINDAL STEEL by comparing valuation metrics with similar companies.

Investing JINDAL STEEL POWER

You need to understand the risk of investing before taking a position in JINDAL STEEL. The danger of trading JINDAL STEEL POWER is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JINDAL STEEL is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JINDAL STEEL. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JINDAL STEEL POWER is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis. Note that the JINDAL STEEL POWER information on this page should be used as a complementary analysis to other JINDAL STEEL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Tools for JINDAL Stock

When running JINDAL STEEL POWER price analysis, check to measure JINDAL STEEL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JINDAL STEEL is operating at the current time. Most of JINDAL STEEL's value examination focuses on studying past and present price action to predict the probability of JINDAL STEEL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JINDAL STEEL's price. Additionally, you may evaluate how the addition of JINDAL STEEL to your portfolios can decrease your overall portfolio volatility.
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