JINDALSTEL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.6
| Stock Code | JINDALSTEL | Market Cap | 1,15,520 Cr. | Current Price | 1,132 ₹ | High / Low | 1,306 ₹ |
| Stock P/E | 27.7 | Book Value | 521 ₹ | Dividend Yield | 0.18 % | ROCE | 10.7 % |
| ROE | 8.10 % | Face Value | 1.00 ₹ | DMA 50 | 1,189 ₹ | DMA 200 | 1,121 ₹ |
| Chg in FII Hold | 0.17 % | Chg in DII Hold | 0.04 % | PAT Qtr | 756 Cr. | PAT Prev Qtr | 710 Cr. |
| RSI | 34.1 | MACD | -24.1 | Volume | 15,35,161 | Avg Vol 1Wk | 15,37,594 |
| Low price | 883 ₹ | High price | 1,306 ₹ | PEG Ratio | 1.85 | Debt to equity | 0.16 |
| 52w Index | 58.8 % | Qtr Profit Var | -34.1 % | EPS | 30.1 ₹ | Industry PE | 18.8 |
Jindal Steel & Power (JINDALSTEL) shows cautious potential for swing trading. The current price of ₹1,132 is below the 50 DMA (₹1,189) but slightly above the 200 DMA (₹1,121), reflecting mixed technical signals. RSI at 34.1 indicates oversold conditions, while MACD at -24.1 confirms bearish sentiment. Fundamentals are modest with ROCE at 10.7% and ROE at 8.10%. EPS of ₹30.1 and P/E of 27.7 are higher than the industry PE of 18.8, suggesting overvaluation. Debt-to-equity at 0.16 is low, showing financial stability. Quarterly PAT improved to ₹756 Cr. from ₹710 Cr., but profit variation (-34.1%) highlights volatility. Overall, the stock is technically weak but fundamentally stable, making it a cautious swing trade candidate.
✅ Optimal Entry Price: Around ₹1,100–₹1,120 (near 200 DMA support)
📈 Exit Strategy (if already holding): Consider exiting near ₹1,250–₹1,270 (resistance zone).
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🌟 Positive
- 📈 Low [debt-to-equity](ca://s?q=Debt_to_equity_ratio) ratio of 0.16 ensures financial stability.
- 📊 EPS of ₹30.1 supports profitability.
- 📈 PAT improved quarter-on-quarter (₹710 Cr. → ₹756 Cr.).
- 💡 Institutional support with FII (+0.17%) and DII (+0.04%) increases.
⚠️ Limitation
- 📉 Current price below 50 DMA indicates technical weakness.
- 📊 RSI at 34.1 suggests oversold conditions but limited immediate upside.
- 📉 MACD at -24.1 signals bearish divergence.
- 📊 P/E of 27.7 vs industry PE of 18.8 suggests overvaluation.
📰 Company Negative News
- 📉 Quarterly profit variation (-34.1%) highlights earnings volatility.
- 📊 Weak profitability metrics (ROCE 10.7%, ROE 8.10%).
📢 Company Positive News
- 💡 PAT growth quarter-on-quarter shows resilience.
- 📈 Institutional investors increased holdings.
- 📊 Debt levels remain low, ensuring financial stability.
🏭 Industry
- 📊 Industry PE is 18.8, while JINDALSTEL trades at 27.7, making it relatively expensive compared to peers.
- 🏗️ Steel sector benefits from infrastructure demand but faces margin pressures.
✅ Conclusion
JINDALSTEL is a cautious swing trade candidate with entry near ₹1,100–₹1,120 and exit around ₹1,250–₹1,270. While fundamentals are stable and debt is low, weak technicals and overvaluation limit upside. Traders should monitor momentum indicators closely before entering new positions.
Would you like me to also compare JINDALSTEL’s swing trade setup with peers like JSW Steel or Tata Steel to highlight relative opportunities in the steel sector?