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

Jindal Stainless said it will supply 2,000 metric tonnes of stainless steel to Alstom for developing train sets.

Jindal Stainless To Supply Stainless Steel For Developing Train Sets For Rapid Transit System

Net revenue stood at ₹3,802 crore, up 38 per cent

Jindal Stainless jumps 58% in net profit

Stocks in news: Tata Steel, Adani Wilmar, Britannia Industries, Titan, JSW Energy, Jindal Stainless, Alembic Pharmaceuticals, Welspun Corp and more

Stocks in news: Tata Steel, Adani Wilmar, Titan, JSW Energy and more

Jindal Stainless reported 152% rise in standalone net profit to Rs 669 crore in Q4 FY22 from Rs 265 crore in Q4 FY21.

Jindal Stainless records PAT of Rs 669 crore in Q4 FY22

Jindal Stainless Q4 net profit up 152 per cent

Jindal Stainless consolidated net profit rises 154.34% in the March 2022 quarter

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

HDFC, Britannia Industries, Alembic Pharmaceuticals, Adani Wilmar, Castrol India, Devyani International, IDBI Bank, Inox Leisure, JBM Auto, Jindal Stainless, Mahindra & Mahindra Financial Services, Meghmani Organics, are among the key companies scheduled to announce their earnings today

Stocks to Watch: RIL, HDFC, Maruti, Wipro, Yes Bank, Tata Motors, Adani group

Jindal Stainless (Hisar) (350.70): SELL

Having a total melting capacity of 0.8 million tonne per annum (MTPA), the Hisar-based JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio

Shareholders, creditors approve Jindal Stainless Steel-JSHL merger

The two companies had been demerged in 2015 as part of a financial and operational restructuring exercise to bring down the cost of borrowing. Jindal Stainless had been laden with debt of over Rs 8,500 crore, which had prompted the restructuring.

Jindal Stainless-Jindal Stainless (Hisar) merger gets shareholder, creditor approval

Jindal Stainless (Hisar) Ltd is a manufacturer of stainless steel and a producer of stainless steel strips for razor blades and coin blanks

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

Jindal Stainless To Supply Stainless Steel For Developing Train Sets For Rapid Transit System

Jindal Stainless jumps 58% in net profit

Stocks in news: Tata Steel, Adani Wilmar, Titan, JSW Energy and more

Jindal Stainless records PAT of Rs 669 crore in Q4 FY22

Jindal Stainless Q4 net profit up 152 per cent

Jindal Stainless consolidated net profit rises 154.34% in the March 2022 quarter

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

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

Jindal Stainless To Supply Stainless Steel For Developing Train Sets For Rapid Transit System

Jindal Stainless jumps 58% in net profit

Stocks in news: Tata Steel, Adani Wilmar, Titan, JSW Energy and more

Jindal Stainless records PAT of Rs 669 crore in Q4 FY22

Jindal Stainless Q4 net profit up 152 per cent

Jindal Stainless consolidated net profit rises 154.34% in the March 2022 quarter

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

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