Jindal Steel aims to reduce carbon emissions by 42% and power 100% of their steelmaking operations with renewable energy by 2030, said Chairman Sajjan Jindal.

Jindal Steel Eyes 50 Million Tonne Annual Output Within Seven Years

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Thursday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list: On Radar

Axis Bank, Jindal Steel and Power among 5 stocks with short buildup - On Radar

Jindal Steel Q1 earnings: Jindal Steel stock fell 5.40% to Rs 919.55 on BSE. Market cap of the metal firm slipped to Rs 95,056 crore.

Jindal Steel share price targets post Q1 earnings signal fresh record highs

The brokerage maintains Hold rating on the stock given our neutral stance on the steel sector due to rising exports from China.

Jindal Steel And Power Q1 Review - Strong All-Round Performance Despite Weakness In Realisation: IDBI Capital

The company reported a 21% fall in profit to Rs 1,338 crore in the quarter-ended June 30, 2024.

Jindal Steel Shares Dip After Q1 Profit Decline

Jindal Steel & Power Ltd has lost 12.73% over last one month compared to 6.14% fall in BSE Metal index and 1.9% rise in the SENSEX

Jindal Steel & Power Ltd Slips 4.53%, BSE Metal index Shed 1.65%

Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 99198.47 Crore) operating in Metals - Ferrous sector.

Buy Jindal Steel & Power, target price Rs 1200: Motilal Oswal

Jindal Steel & Power consolidated net profit declines 20.56% in the June 2024 quarter

In April-June, general elections, which lasted for nearly half quarter, led to muted steel demand, analysts said, which was compounded by higher costs of rebar, a key raw material for steelmakers

Jindal Steel Q1 results: PAT falls 21% to Rs 1,338 cr on weak steel demand

The alloy manufacturers consolidated net profit slipped by a little over a fifth on year to Rs 1,338 crore during the quarter from Rs 1,692 crore a year ago. The companys tax expenses were at 521.13 crore, up nearly seven times from Rs 74.75 crore a year ago.

Jindal Steel’s profit down by a fifth on higher tax outgo

The company reported a 21% fall in profit to Rs 1,338 crore in the quarter-ended June, as compared with Rs 1,692 crore over the same period last year.

Jindal Steel And Power Q1 Results: Profit Falls 21%, Revenue Rises

Price return has been average, nothing exciting

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

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Jindal Steel and Power Limited is a steel producer. The company's segments include Iron & Steel, Power and Other.