Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company offers ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets; specialty products, including razor-blade steel, coin blanks, and precision strips; and long products, such as decorative stainless-steel pipes, rebars, and wire rods. It serves the automotive and transport, railway, process, architecture, building, construction, nuclear application, plumbing, and consumer durables industries. The company exports its products to approximately 50 countries, including Japan, South Korea, Taiwan, and Germany. The company was formerly known as JSL Stainless Ltd. and changed its name to Jindal Stainless Limited in December 2011. Jindal Stainless Limited was founded in 1970 and is based in New Delhi, India.
Research context
Jindal Stainless Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Basic Materials
- Industry
- Steel
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5 years, 6 months ago
Jindal Stainless Limited is currently in a long term uptrend where the price is trading 43.0% 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 0.4.
Jindal Stainless Limited's total revenue rose by 8.5% to $36B since the same quarter in the previous year.
Its net income has increased by 228.3% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 8.2% to $6B since the same quarter in the previous year.
Based on the above factors, Jindal Stainless Limited gets an overall score of 4/5.