JSL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.1
| Stock Code | JSL | Market Cap | 64,106 Cr. | Current Price | 778 ₹ | High / Low | 884 ₹ |
| Stock P/E | 23.5 | Book Value | 229 ₹ | Dividend Yield | 0.39 % | ROCE | 18.0 % |
| ROE | 15.5 % | Face Value | 2.00 ₹ | DMA 50 | 762 ₹ | DMA 200 | 750 ₹ |
| Chg in FII Hold | -0.66 % | Chg in DII Hold | -0.08 % | PAT Qtr | 746 Cr. | PAT Prev Qtr | 685 Cr. |
| RSI | 55.3 | MACD | 8.51 | Volume | 3,85,524 | Avg Vol 1Wk | 4,97,543 |
| Low price | 556 ₹ | High price | 884 ₹ | PEG Ratio | 2.22 | Debt to equity | 0.24 |
| 52w Index | 67.8 % | Qtr Profit Var | -6.58 % | EPS | 34.5 ₹ | Industry PE | 22.6 |
JSL shows good potential for swing trading. The current price of ₹778 is above both the 50 DMA (₹762) and 200 DMA (₹750), indicating strong technical support. RSI at 55.3 suggests neutral momentum, while MACD at 8.51 points to bullishness. PAT has grown compared to the previous quarter (746 Cr vs 685 Cr), though overall quarterly profit variation is slightly negative (-6.58%). An optimal entry price would be around ₹760–765, near DMA support. If already holding, consider exiting near ₹870–880, close to the recent high.
✅ Positive
- Strong ROCE (18.0%) and ROE (15.5%)
- Stock trading above both 50 DMA and 200 DMA
- EPS of ₹34.5 indicates solid earnings
- Low debt-to-equity ratio (0.24)
⚠️ Limitation
- PEG ratio of 2.22 suggests limited growth relative to valuation
- Dividend yield is low (0.39%)
- Trading volume below weekly average, showing reduced momentum
📉 Company Negative News
- FII holdings decreased (-0.66%)
- Slight decline in quarterly profit variation (-6.58%)
📈 Company Positive News
- PAT improved compared to previous quarter (746 Cr vs 685 Cr)
- Strong fundamentals with consistent earnings growth
🏭 Industry
- Industry PE at 22.6, close to stock PE (23.5), showing fair valuation
- Steel and allied industries remain in cyclical demand recovery
🔎 Conclusion
JSL is a strong candidate for swing trading with entry near ₹760–765 and exit near ₹870–880. Technicals and fundamentals support bullish momentum, though reduced FII interest and high PEG ratio warrant caution. A stop-loss near ₹740 is advisable to manage risk.