53

Jindal Stainless LtdBOM 532508 Stock Report

Last reporting period 31 Mar, 2024

Updated 04 Nov, 2024

Last price

Market cap $B

0.178

Micro

Exchange

XBOM - Bombay Stock Exchange

532508.BO Stock Analysis

53

Avoid

Based on Eyestock quantitative analysis, 532508.BO`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

64/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-53.9 %

Greatly overvalued

Market cap $B

0.178

Dividend yield

0.61 %

Shares outstanding

823.43 B

Jindal Stainless Ltd. operates as a holding company, which engages in the provision of stainless steel flat product. The company is headquartered in New Delhi, Delhi and currently employs 4,688 full-time employees. The company went IPO on 2003-11-17. The company is focused on manufacturing stainless steel in India. The company offers a range of stainless-steel products in 200 series, 300 series, 400 series and duplex stainless-steel grades. Its products include slabs, hot rolled coils, cold rolled coils, plates and grades. The company offers its services to the applications, such as architecture, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications and precision strip and blade steel. The company operates a stainless-steel plant at Jaipur, Odisha with a capacity of 1.1 million tons per annum spread across approximately 800 acres. The company has a diverse product portfolio comprising approximately 120 grades and a distribution network with service centers in the domestic and international markets. The Company, through its subsidiary, Jindal United Steel Limited, operates Hot Strip Mill, located in Jajpur, Odisha.

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