JINDALSTEL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | JINDALSTEL | Market Cap | 1,28,595 Cr. | Current Price | 1,261 ₹ | High / Low | 1,306 ₹ |
| Stock P/E | 30.9 | Book Value | 521 ₹ | Dividend Yield | 0.16 % | ROCE | 10.7 % |
| ROE | 8.10 % | Face Value | 1.00 ₹ | DMA 50 | 1,198 ₹ | DMA 200 | 1,093 ₹ |
| Chg in FII Hold | 0.17 % | Chg in DII Hold | 0.04 % | PAT Qtr | 756 Cr. | PAT Prev Qtr | 710 Cr. |
| RSI | 57.3 | MACD | 21.0 | Volume | 44,15,989 | Avg Vol 1Wk | 18,34,246 |
| Low price | 833 ₹ | High price | 1,306 ₹ | PEG Ratio | 2.05 | Debt to equity | 0.16 |
| 52w Index | 90.5 % | Qtr Profit Var | -34.1 % | EPS | 30.1 ₹ | Industry PE | 22.6 |
JINDALSTEL shows strong potential for swing trading. The current price of ₹1,261 is above both the 50 DMA (₹1,198) and 200 DMA (₹1,093), indicating solid technical support. RSI at 57.3 suggests neutral momentum, while MACD at 21.0 points to bullish strength. PAT has improved compared to the previous quarter (756 Cr vs 710 Cr), though overall quarterly profit variation is negative (-34.1%). An optimal entry price would be around ₹1,200–1,210, near DMA support. If already holding, consider exiting near ₹1,290–1,305, close to the recent high.
✅ Positive
- Strong technical support above 50 DMA and 200 DMA
- Low debt-to-equity ratio (0.16)
- EPS of ₹30.1 indicates solid earnings
- FII holdings increased (+0.17%)
⚠️ Limitation
- High P/E ratio (30.9) compared to industry PE (22.6)
- ROCE (10.7%) and ROE (8.10%) are moderate
- Dividend yield is very low (0.16%)
📉 Company Negative News
- Quarterly profit variation declined (-34.1%)
- Valuation appears stretched relative to industry
📈 Company Positive News
- PAT improved compared to previous quarter (756 Cr vs 710 Cr)
- Strong trading volume above weekly average, showing momentum
- Institutional confidence with slight FII and DII increases
🏭 Industry
- Industry PE at 22.6, lower than stock PE, suggesting sector is fairly valued
- Steel sector remains in cyclical demand recovery with infrastructure push
🔎 Conclusion
JINDALSTEL is a good candidate for swing trading with entry near ₹1,200–1,210 and exit near ₹1,290–1,305. Technicals show bullish momentum, supported by rising PAT and institutional interest. However, stretched valuation and declining profit variation warrant caution. A stop-loss near ₹1,150 is advisable to manage risk.