JSL - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.0
| Stock Code | JSL | Market Cap | 64,498 Cr. | Current Price | 782 ₹ | High / Low | 884 ₹ |
| Stock P/E | 23.3 | Book Value | 210 ₹ | Dividend Yield | 0.38 % | ROCE | 19.9 % |
| ROE | 17.3 % | Face Value | 2.00 ₹ | DMA 50 | 791 ₹ | DMA 200 | 745 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.15 % | PAT Qtr | 685 Cr. | PAT Prev Qtr | 644 Cr. |
| RSI | 46.7 | MACD | -0.09 | Volume | 6,10,024 | Avg Vol 1Wk | 7,61,838 |
| Low price | 497 ₹ | High price | 884 ₹ | PEG Ratio | -9.59 | Debt to equity | 0.26 |
| 52w Index | 73.7 % | Qtr Profit Var | 10.7 % | EPS | 34.9 ₹ | Industry PE | 21.6 |
📊 Jindal Stainless (JSL) shows strong fundamentals with attractive valuations (P/E 23.3 vs. industry 21.6), high ROCE (19.9%) and ROE (17.3%), and low debt-to-equity (0.26). Technically, the stock is trading close to its 50 DMA (791 ₹) and above the 200 DMA (745 ₹), with RSI at 46.7 indicating neutral momentum and MACD at -0.09 showing mild weakness. Despite short-term consolidation, the overall setup suggests good swing trade potential with moderate upside.
💡 Optimal Entry Price: Around 770 ₹ – 785 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 830 ₹ – 850 ₹ (resistance zone) or place a stop-loss below 760 ₹.
✅ Positive
- Strong ROCE (19.9%) and ROE (17.3%) highlight efficient capital use.
- Low debt-to-equity ratio (0.26) ensures financial stability.
- Quarterly PAT growth from 644 Cr. to 685 Cr. shows earnings momentum.
- EPS of 34.9 ₹ provides solid earnings visibility.
- Stock trading above 200 DMA indicates long-term bullish trend.
⚠️ Limitation
- MACD (-0.09) signals mild bearishness in short-term momentum.
- Trading volume (6.1 lakh) lower than average (7.6 lakh), showing reduced activity.
- PEG ratio (-9.59) suggests weak growth prospects relative to valuation.
📉 Company Negative News
- Stock trading below 50 DMA (791 ₹), showing short-term weakness.
- Current price significantly below 52-week high (884 ₹), reflecting limited upside in near term.
📈 Company Positive News
- Quarterly profit variation of 10.7% highlights steady earnings growth.
- FII holdings increased (+0.11%) and DII holdings (+0.15%), showing institutional support.
- Stock trading near support levels, offering potential for rebound.
🏭 Industry
- Industry PE at 21.6 vs. JSL PE at 23.3 suggests fair valuation compared to peers.
- Steel sector benefits from infrastructure demand and industrial growth.
🔎 Conclusion
Jindal Stainless is fundamentally strong with efficient capital use and low debt, though technicals show mild weakness. Swing traders may enter near 770 ₹ – 785 ₹ with a target around 830 ₹ – 850 ₹. Stop-loss below 760 ₹ is recommended. The stock offers good swing trade potential with a rating of 4.0.