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1 Comment
Jindal Steel & Power Limited is currently in a long term uptrend where the price is trading 20.8% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.8.
Jindal Steel & Power Limited's total revenue rose by 13.3% to $105B since the same quarter in the previous year.
Its net income has increased by 1105.3% to $23B since the same quarter in the previous year.
Finally, its free cash flow fell by 14.3% to $45B since the same quarter in the previous year.
Based on the above factors, Jindal Steel & Power Limited gets an overall score of 4/5.
ISIN | INE749A01030 |
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Sector | Basic Materials |
Industry | Steel |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 569B |
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Beta | 1.22 |
Dividend Yield | 0.5% |
Target Price | 523.55 |
PE Ratio | 13.29 |
Jindal Steel & Power Limited operates in the steel, mining, and infrastructure sectors in India and internationally. The company operates through Iron and Steel Products, Power, and Others segments. It offers track rails; medium and heavy hot rolled parallel flange beams and column sections; discrete and cut to length plates, and hot rolled coils; angles and channels; wire rods; round bars; suspended concrete flooring systems; TMT rebars; and coal-based sponge iron products, as well as fabricated sections and semi-finished products. The company also produces and sells Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag under the Jindal Panther Cement brand name. In addition, it operates coal and iron ore mines located at various locations in India and internationally. The company was incorporated in 1979 and is based in New Delhi, India.
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