Jai Balaji Industries consolidated net profit rises 22.53% in the June 2024 quarter

Jai Balaji Industries expects 25% revenue growth driven by ductile pipes and ferro-alloys. Operating margins at 15%, profitability 17-18%. Aiming for 15-20% market share, Rs 300-350 crore capex for full year 2023-24 revenue of Rs 6,413.80 crore. Targeting 80% revenue from value-added products and 660,000 tonne pipe capacity by 2026. Debt reduction planned.

Jai Balaji aims 25% growth in sales, to turn debt-free in 15 months

Jai Balaji Industries allots 50 lakh equity shares on conversion of warrants

The company’s Chairman and Managing Director Aditya Jajodia sees peak revenue to reach around Rs 9,000-10,000 crore.

Jai Balaji Industries Shares Jumped 13 Times This Year — Multibagger Stock

Jai Balaji Industries secured a Rs 559-crore debt agreement with Tata Capital to clear its legacy NPAs, aiming to be debt-free in 12 months.

Jai Balaji Industries Raises Rs 559 Crore From Tata Capital Financial Services To Retire Legacy NPAs

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs

In the last trading session on Friday, October 20, this stock closed at Rs 626.10 with a rise of five per cent.

Jai Balaji Industries Ltd’s Shares Deliver 403% Returns To Its Investors In 3 Months - News18

Jai Balaji Industries said that that with a view of long-term prospects, the company is planning to expand its portfolio by entering into a business of Cement in addition to its existing business.

Jai Balaji Inds announces plans to foray into Cement business

Jai Balaji Industries consolidated net profit rises 134.74% in the December 2022 quarter

Patel Integrated Logistics Ltd, Malu Paper Mills Ltd, Jai Balaji Industries Ltd and RPP Infra Projects Ltd are among the other gainers in the BSE’s ‘B’ group today, 20 December 2022.

Balkrishna Paper Mills Ltd leads gainers in ‘B’ group

RCF shares will go ex-dividend today. This company had announced an interim dividend of Rs 1.60 per share and final dividend of Rs 2.50 per share. The dividends will be paid on January 22, 2023

PTC India, RCF and Sukhjit Starch to go ex-dividend today; Jai Balaji Industries board to consider fund raising

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Jai Balaji Industries Limited is a steel producing company.

Jai Balaji Industries Ltd

With a market cap of ₹17,320 cr, stock is ranked 387

Jai Balaji Industries Ltd

Jai Balaji Industries Ltd

Scorecard

News & Opinions

Jai Balaji Industries consolidated net profit rises 22.53% in the June 2024 quarter

Jai Balaji aims 25% growth in sales, to turn debt-free in 15 months

Jai Balaji Industries allots 50 lakh equity shares on conversion of warrants

Jai Balaji Industries Shares Jumped 13 Times This Year — Multibagger Stock

Jai Balaji Industries Raises Rs 559 Crore From Tata Capital Financial Services To Retire Legacy NPAs

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs

Jai Balaji Industries Ltd’s Shares Deliver 403% Returns To Its Investors In 3 Months - News18