JAIBALAJI

Jai Balaji Industries Share Price

₹924.35 +2.6 (0.28%)

21 Nov, 2024 14:02

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Performance

  • Low
  • ₹891
  • High
  • ₹930
  • 52 Week Low
  • ₹575
  • 52 Week High
  • ₹1,314
  • Open Price₹922
  • Previous Close₹922
  • Volume40,337

Investment Returns

  • Over 1 Month -15.37%
  • Over 3 Month + 0.92%
  • Over 6 Month -4.21%
  • Over 1 Year + 52.84%
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Jai Balaji Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 19.4
  • PEG Ratio
  • 0.2
  • Market Cap Cr
  • 16,865
  • P/B Ratio
  • 11.2
  • Average True Range
  • 49.7
  • EPS
  • 47.66
  • Dividend Yield
  • 0
  • MACD Signal
  • -17.68
  • RSI
  • 32.93
  • MFI
  • 52.9

Jai Balaji Industries Financials

Jai Balaji Industries Technicals

EMA & SMA

Current Price
₹924.35
+ 2.6 (0.28%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹1,013.58
  • 50 Day
  • ₹1,030.24
  • 100 Day
  • ₹1,007.82
  • 200 Day
  • ₹929.82

Resistance and Support

922.58 Pivot Speed
  • R3 958.17
  • R2 946.58
  • R1 934.17
  • S1 910.17
  • S2 898.58
  • S3 886.17

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Jai Balaji Industries Ltd. is one of Eastern India’s largest steel manufacturers, producing a wide range of iron and steel products, including sponge iron, pig iron, TMT bars, and ductile iron pipes, with a combined capacity of over 2.7 million tonnes annually.

Jai Balaji Inds. has an operating revenue of Rs. 6,659.47 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 15% is great, ROE of 58% is exceptional. The company has a reasonable debt to equity of 20%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 115 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Jai Balaji Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-12 Quarterly Results & Stock Split
2024-07-29 Quarterly Results
2024-04-25 Audited Results
2024-01-15 Quarterly Results
2023-10-16 Quarterly Results

Jai Balaji Industries F&O

Jai Balaji Industries Shareholding Pattern

64.84%
0.09%
0%
3%
8.7%
23.37%

About Jai Balaji Industries

Jai Balaji Industries Ltd. is a leading global steel manufacturing company headquartered in India, specializing in the production of steel products for various industries. Established in 1999, the company operates a range of steel production facilities & has a strong market presence in the steel industry.

Product Portfolio: The company offers a range of value-added goods, such as wire rods, ductile iron pipes, alloy & mild steel heavy rounds, ferro alloys, alloy & sponge iron, reinforcement steel TMT bars, & pig iron.

Production Facilities: The business operates four production facilities in West Bengal & Chhattisgarh. It is one of the biggest producers of value-added goods in Eastern India's private sector (DI Pipes & Specialized Ferro Alloys).

Capacity Expansion: The company has a Rs. 1,000 Cr. total capital expenditure plan, of which about Rs. 600 Cr. have already been paid for through internal accruals. The remaining amount is scheduled to be finished within the following year.

Shareholding of Promoters: Following the conversion of warrants awarded to them, the promoters increased their shareholding from approximately 51% in June 2022 to approximately 64% in June 2024. Twenty-seven percent of the promoters' shares have been pledged.

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  • NSE Symbol
  • JAIBALAJI
  • BSE Symbol
  • 532976
  • Chairman & Managing Director
  • Mr. Aditya Jajodia
  • ISIN
  • INE091G01018

Similar Stocks to Jai Balaji Industries

Jai Balaji Industries FAQs

Jai Balaji Industries share price is ₹924 As on 21 November, 2024 | 13:48

The Market Cap of Jai Balaji Industries is ₹16864.8 Cr As on 21 November, 2024 | 13:48

The P/E ratio of Jai Balaji Industries is 19.4 As on 21 November, 2024 | 13:48

The PB ratio of Jai Balaji Industries is 11.2 As on 21 November, 2024 | 13:48

Consider the company's performance in the steel sector & its financial stability before investing.

 

Key metrics include production volumes, steel prices, & profit margins.

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Q2FY23