Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Red Flags Found

Vijay Sharma, Director, Jindal Stainless discusses the company's outlook for FY23 and also the steel sector demand outlook. Listen in.


#vijaysharma #jindal #jindalstainless #fy23 #cnbctv18 
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Vijay Sharma Discusses Jindal Stainless' Outlook For FY23 | Bazaar Open Exchange | CNBC-TV18

Finolex Cables was also in focus, rising nearly 7 percent to Rs 567.5, the biggest closing level since December 15, 2021 and formed healthy bullish candle on the daily charts with large volumes. Also there was a big breakout of nearly month long consolidation.

Trade Spotlight | What should you do with Jindal Stainless, Escorts Kubota, Finolex Cables on Tuesday?

Stocks to watch out for today: Tata Motors, Nykaa, Zomato, Archean Chemicals, Jindal Stainless, Five Star Business Finance, NMDC, Bharat Electronics and more

Stocks in news: Tata Motors, Nykaa, Zomato, Archean Chemicals and more

Steel stocks, RHI Magnesita, IEX, CDSL, Aarti Industries, Deepak Fertilisers, Tata Motors, Dr Reddy’s Lab, Policybazaar, Aurobindo Pharma, Strides Arcolab, Natural Capsules, Ashoka Buildcon, 3i Infotech, BEL, BPCL, Engineers India, Jindal Stainless, ZF Steering and Zomato, REC, Kanoria Chem

Stocks that will see action on November 21, 2022

The National Company Law Appellate Tribunal (NCLAT) said the NCLT “did not commit any error” as sales were not completed and the object was to obtain the maximisation of the assets, hence it “sees no reason to take a different view”.

NCLAT allows Jindal Stainless to bid for Rathi Super Steel

ICICI Direct is bullish on Jindal Stainless recommended buy rating on the stock with a target price of Rs 180 in its research report dated November 05, 2022.

Buy Jindal Stainless; target of Rs 180: ICICI Direct

ICICI Direct is bullish on Jindal Stainless Hisar recommended buy rating on the stock with a target price of Rs 351 in its research report dated November 05, 2022.

Buy Jindal Stainless Hisar; target of Rs 351: ICICI Direct

Jindal Stainless Ltd is quoting at Rs 162.9, up 5.88% on the day as on 12:49 IST on the NSE. The stock is down 16.8% in last one year as compared to a 0.33% spurt in NIFTY and a 10.83% spurt in the Nifty Media index.

Jindal Stainless Ltd spurts 5.88%, gains for third straight session

#Q2WithAwaaz | दूसरी तिमाही में #JindalStainless के नतीजे कमजोर रहे | Q2 नतीजे और ग्रोथ आउटलुक पर बातचीत करने के लिए हमारे साथ हैं कंपनी के Group CFO, अनुराग मंत्री |  
@Jindal_Official
 #jindalstainless #stainlesssteel 
@JSPLCorporate

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.

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Jindal Stainless के Q2 नतीजों पर Management संग चर्ता, क्या है आगे के Growth Outlook पर लेंं सलाह

Its total income rose to Rs 3,957 crore from Rs 3,772 crore in the year-ago quarter

Jindal Stainless Hisar Q2 profit after tax falls 49% to Rs 253 crore

Net revenue dropped 13 per cent YoY to ₹5,442 crore

Jindal Stainless net profit drops 48 per cent in Q2

Jindal Stainless (Hisar) Limited is a manufacturer of stainless steel. The Company is a manufacturer and producer of stainless steel flat products in austenitic, ferritic, martensitic, and duplex grades. Its product range includes ferroalloys, stainless steel slabs, blooms, hot rolled coils, plates and sheets, cold-rolled coils and sheets, specialty products such as razor blade steel, precision strips, coin blanks, and long products. The Company manufacturing facilities are located in the state of Haryana, Andhra Pradesh, Tamil Nadu, Gujarat, and Maharashtra in India.

Jindal Stainless (Hisar) Ltd

Jindal Stainless (Hisar) Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Vijay Sharma Discusses Jindal Stainless' Outlook For FY23 | Bazaar Open Exchange | CNBC-TV18

Trade Spotlight | What should you do with Jindal Stainless, Escorts Kubota, Finolex Cables on Tuesday?

Stocks in news: Tata Motors, Nykaa, Zomato, Archean Chemicals and more

Stocks that will see action on November 21, 2022

NCLAT allows Jindal Stainless to bid for Rathi Super Steel

Buy Jindal Stainless; target of Rs 180: ICICI Direct

Buy Jindal Stainless Hisar; target of Rs 351: ICICI Direct

Jindal Stainless Ltd spurts 5.88%, gains for third straight session

Jindal Stainless (Hisar) Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Vijay Sharma Discusses Jindal Stainless' Outlook For FY23 | Bazaar Open Exchange | CNBC-TV18

Trade Spotlight | What should you do with Jindal Stainless, Escorts Kubota, Finolex Cables on Tuesday?

Stocks in news: Tata Motors, Nykaa, Zomato, Archean Chemicals and more

Stocks that will see action on November 21, 2022

NCLAT allows Jindal Stainless to bid for Rathi Super Steel

Buy Jindal Stainless; target of Rs 180: ICICI Direct

Buy Jindal Stainless Hisar; target of Rs 351: ICICI Direct

Jindal Stainless Ltd spurts 5.88%, gains for third straight session

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock