JINDALSAW - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | JINDALSAW | Market Cap | 15,717 Cr. | Current Price | 246 ₹ | High / Low | 260 ₹ |
| Stock P/E | 19.9 | Book Value | 197 ₹ | Dividend Yield | 0.81 % | ROCE | 8.89 % |
| ROE | 6.44 % | Face Value | 1.00 ₹ | DMA 50 | 218 ₹ | DMA 200 | 205 ₹ |
| Chg in FII Hold | -0.63 % | Chg in DII Hold | 2.29 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 227 Cr. |
| RSI | 64.0 | MACD | 2.62 | Volume | 62,56,918 | Avg Vol 1Wk | 24,37,627 |
| Low price | 153 ₹ | High price | 260 ₹ | PEG Ratio | 1.70 | Debt to equity | 0.22 |
| 52w Index | 86.5 % | Qtr Profit Var | -76.0 % | EPS | 12.3 ₹ | Industry PE | 22.1 |
📈 Optimal Buy Price: 242 – 248 ₹
💰 Profit-Taking Levels: 255 ₹ / 260 ₹
🛑 Stop-Loss Zone: 238 ₹
⏳ Exit Guidance: If already holding, consider exiting near 255–258 ₹ if momentum slows. Exit below 238 ₹ if bearish volume spikes or RSI dips under 60.
✅ Positive
- Price trading above DMA 50 (218 ₹) and DMA 200 (205 ₹), confirming bullish alignment.
- RSI at 64.0 indicates healthy momentum.
- MACD at 2.62 shows positive crossover strength.
- DII holdings increased (+2.29%), reflecting strong domestic institutional support.
- Dividend yield at 0.81% provides modest investor returns.
- 52-week index at 86.5% highlights strong relative performance.
⚠️ Limitation
- Quarterly PAT declined sharply (₹227 Cr → ₹114 Cr).
- Quarterly profit variation at -76% highlights earnings volatility.
- ROCE (8.89%) and ROE (6.44%) are modest compared to peers.
- EPS at 12.3 ₹ is moderate relative to valuation.
- PEG ratio at 1.70 suggests slightly expensive valuation relative to growth.
📉 Company Negative News
- FII holdings decreased (-0.63%), showing reduced foreign investor confidence.
- Sharp decline in quarterly profits raises sustainability concerns.
📊 Company Positive News
- DII inflows (+2.29%) show strong domestic support.
- Price momentum supported by RSI and MACD indicators.
- Dividend yield at 0.81% adds investor appeal.
🏭 Industry
- Industry PE at 22.1 vs JINDALSAW’s 19.9, suggesting fair valuation relative to peers.
- Steel and pipe manufacturing sector supported by infrastructure demand but remains cyclical.
📌 Conclusion
JINDALSAW shows moderate intraday potential with strong technical support from RSI/MACD and price above DMA levels, but sharp profit decline and reduced FII confidence limit upside. Entry near 242–248 ₹ with exits around 255–260 ₹ is suitable for cautious trades. Strict stop-loss at 238 ₹ is essential due to earnings volatility and cyclical risks.
Would you like me to extend this into a steel sector overlay comparing JINDALSAW with peers like JSW Steel and Tata Steel, or prepare a swing trade analysis for medium-term positioning?