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JINDAL SAW LTD.
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Let's analyse JINDAL SAW LTD. together

PenkeI guess you are interested in JINDAL SAW LTD.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of JINDAL SAW LTD.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of JINDAL SAW LTD. (30 sec.)










What can you expect buying and holding a share of JINDAL SAW LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR0.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR227.62
Expected worth in 1 year
INR281.31
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
INR61.58
Return On Investment
14.3%

For what price can you sell your share?

Current Price per Share
INR432.10
Expected price per share
INR329.75 - INR550.00
How sure are you?
50%

1. Valuation of JINDAL SAW LTD. (5 min.)




Live pricePrice per Share (EOD)

INR432.10

Intrinsic Value Per Share

INR236.56 - INR506.26

Total Value Per Share

INR464.18 - INR733.88

2. Growth of JINDAL SAW LTD. (5 min.)




Is JINDAL SAW LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$873.3m$821.8m$51.4m5.9%

How much money is JINDAL SAW LTD. making?

Current yearPrevious yearGrowGrow %
Making money$75.8m$49.4m$26.4m34.9%
Net Profit Margin3.5%3.2%--

How much money comes from the company's main activities?

3. Financial Health of JINDAL SAW LTD. (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#97 / 330

Most Revenue
#50 / 330

Most Profit
#64 / 330

Most Efficient
#177 / 330

What can you expect buying and holding a share of JINDAL SAW LTD.? (5 min.)

Welcome investor! JINDAL SAW LTD.'s management wants to use your money to grow the business. In return you get a share of JINDAL SAW LTD..

What can you expect buying and holding a share of JINDAL SAW LTD.?

First you should know what it really means to hold a share of JINDAL SAW LTD.. And how you can make/lose money.

Speculation

The Price per Share of JINDAL SAW LTD. is INR432.10. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of JINDAL SAW LTD..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in JINDAL SAW LTD., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR227.62. Based on the TTM, the Book Value Change Per Share is INR13.42 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.69 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR1.97 per quarter.
Based on historical numbers we can estimate the returns while holding a share of JINDAL SAW LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.240.1%0.240.1%0.150.0%0.210.0%0.160.0%
Usd Book Value Change Per Share0.160.0%0.160.0%0.120.0%0.160.0%0.390.1%
Usd Dividend Per Share0.020.0%0.020.0%0.020.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.180.0%0.180.0%0.140.0%0.180.0%0.410.1%
Usd Price Per Share1.75-1.75-1.08-1.06-1.10-
Price to Earnings Ratio7.36-7.36-6.99-5.54-10.67-
Price-to-Total Gains Ratio9.45-9.45-7.72-6.32--17.70-
Price to Book Ratio0.64-0.64-0.42-0.42-0.48-
Price-to-Total Gains Ratio9.45-9.45-7.72-6.32--17.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.1852
Number of shares192
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.160.16
Usd Total Gains Per Share0.180.18
Gains per Quarter (192 shares)35.4734.48
Gains per Year (192 shares)141.88137.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11812413218120128
23624727436240266
35537141654359404
47349555873479542
59161870091599680
6109742842109719818
7127866984127839956
814599011261459581094
91641113126816310781232
101821237141018111981370

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.01.00.085.7%6.01.00.085.7%

Fundamentals of JINDAL SAW LTD.

About JINDAL SAW LTD.

Jindal Saw Limited, together with its subsidiaries, engages in the manufacture and supply of iron and steel pipes, fittings, and accessories in India, the United States, Italy, the United Arab Emirates, and Algeria. It operates through Iron and Steel Products, Waterways Logistics, and Others segments. The company offers submerged arc welded pipes used in the transportation of oil, gas, slurry, and water; ductile iron pipes and fittings for water and waste-water transportation; carbon, alloy, and stainless steel pipes, as well as welded pipes and tubes primarily used in petroleum, exploration, sugar, steel, bearing, automotive, general engineering, power, and process industries; and operates iron ore mine and pellet plant. It also provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating; double chamber restrained pipes; foam coated pipes; connector casings; induction bends; pipes and tubes for general mechanical engineering; and line pipe, process pipe, OCTG, and pipes for boilers, heat exchangers, petrochemicals, exploration, oil and gas, and general engineering industries. In addition, the company is involved in the transshipment and waterborne transportation businesses; and provision of inland shipping, business process outsourcing, call center and advisory, helical anchor manufacturing, property holding, tools and fittings, deep-sea transloading, and information technology services. Jindal Saw Limited was incorporated in 1984 and is headquartered in New Delhi, India.

Fundamental data was last updated by Penke on 2024-03-23 12:16:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of JINDAL SAW LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit JINDAL SAW LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • A Net Profit Margin of 3.5% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of JINDAL SAW LTD.:

  • The MRQ is 3.5%. The company is making a profit. +1
  • The TTM is 3.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY3.2%+0.3%
TTM3.5%5Y4.4%-0.9%
5Y4.4%10Y3.7%+0.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%2.6%+0.9%
TTM3.5%2.9%+0.6%
YOY3.2%4.8%-1.6%
5Y4.4%3.5%+0.9%
10Y3.7%2.9%+0.8%
1.1.2. Return on Assets

Shows how efficient JINDAL SAW LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • 3.5% Return on Assets means that JINDAL SAW LTD. generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of JINDAL SAW LTD.:

  • The MRQ is 3.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY2.4%+1.0%
TTM3.5%5Y3.4%+0.1%
5Y3.4%10Y2.7%+0.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%1.1%+2.4%
TTM3.5%1.2%+2.3%
YOY2.4%1.9%+0.5%
5Y3.4%1.3%+2.1%
10Y2.7%1.0%+1.7%
1.1.3. Return on Equity

Shows how efficient JINDAL SAW LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • 8.0% Return on Equity means JINDAL SAW LTD. generated ₹0.08 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of JINDAL SAW LTD.:

  • The MRQ is 8.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY5.6%+2.4%
TTM8.0%5Y8.0%+0.0%
5Y8.0%10Y6.5%+1.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%2.0%+6.0%
TTM8.0%2.2%+5.8%
YOY5.6%3.8%+1.8%
5Y8.0%2.4%+5.6%
10Y6.5%1.8%+4.7%

1.2. Operating Efficiency of JINDAL SAW LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient JINDAL SAW LTD. is operating .

  • Measures how much profit JINDAL SAW LTD. makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • An Operating Margin of 6.4% means the company generated ₹0.06  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of JINDAL SAW LTD.:

  • The MRQ is 6.4%. The company is operating less efficient.
  • The TTM is 6.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.4%TTM6.4%0.0%
TTM6.4%YOY7.0%-0.6%
TTM6.4%5Y7.8%-1.3%
5Y7.8%10Y7.6%+0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%5.9%+0.5%
TTM6.4%3.4%+3.0%
YOY7.0%6.1%+0.9%
5Y7.8%5.6%+2.2%
10Y7.6%4.1%+3.5%
1.2.2. Operating Ratio

Measures how efficient JINDAL SAW LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.56 means that the operating costs are ₹1.56 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of JINDAL SAW LTD.:

  • The MRQ is 1.560. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.560. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.560TTM1.5600.000
TTM1.560YOY1.636-0.077
TTM1.5605Y1.588-0.029
5Y1.58810Y1.5890.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5601.706-0.146
TTM1.5601.629-0.069
YOY1.6361.488+0.148
5Y1.5881.527+0.061
10Y1.5891.306+0.283

1.3. Liquidity of JINDAL SAW LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if JINDAL SAW LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 1.11 means the company has ₹1.11 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of JINDAL SAW LTD.:

  • The MRQ is 1.107. The company is just able to pay all its short-term debts.
  • The TTM is 1.107. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.107TTM1.1070.000
TTM1.107YOY1.018+0.089
TTM1.1075Y1.055+0.052
5Y1.05510Y1.109-0.054
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1071.669-0.562
TTM1.1071.736-0.629
YOY1.0181.669-0.651
5Y1.0551.615-0.560
10Y1.1091.436-0.327
1.3.2. Quick Ratio

Measures if JINDAL SAW LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • A Quick Ratio of 0.46 means the company can pay off ₹0.46 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of JINDAL SAW LTD.:

  • The MRQ is 0.463. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.463. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.463TTM0.4630.000
TTM0.463YOY0.255+0.209
TTM0.4635Y0.174+0.289
5Y0.17410Y0.258-0.084
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4630.612-0.149
TTM0.4630.647-0.184
YOY0.2550.717-0.462
5Y0.1740.693-0.519
10Y0.2580.633-0.375

1.4. Solvency of JINDAL SAW LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of JINDAL SAW LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare JINDAL SAW LTD. to Steel industry mean.
  • A Debt to Asset Ratio of 0.60 means that JINDAL SAW LTD. assets are financed with 60.1% credit (debt) and the remaining percentage (100% - 60.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of JINDAL SAW LTD.:

  • The MRQ is 0.601. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.601. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.601TTM0.6010.000
TTM0.601YOY0.594+0.008
TTM0.6015Y0.599+0.002
5Y0.59910Y0.602-0.002
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6010.447+0.154
TTM0.6010.449+0.152
YOY0.5940.477+0.117
5Y0.5990.487+0.112
10Y0.6020.510+0.092
1.4.2. Debt to Equity Ratio

Measures if JINDAL SAW LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare JINDAL SAW LTD. to the Steel industry mean.
  • A Debt to Equity ratio of 138.6% means that company has ₹1.39 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of JINDAL SAW LTD.:

  • The MRQ is 1.386. The company is able to pay all its debts with equity. +1
  • The TTM is 1.386. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.386TTM1.3860.000
TTM1.386YOY1.358+0.027
TTM1.3865Y1.393-0.007
5Y1.39310Y1.420-0.027
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3860.812+0.574
TTM1.3860.848+0.538
YOY1.3580.938+0.420
5Y1.3930.997+0.396
10Y1.4201.192+0.228

2. Market Valuation of JINDAL SAW LTD.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings JINDAL SAW LTD. generates.

  • Above 15 is considered overpriced but always compare JINDAL SAW LTD. to the Steel industry mean.
  • A PE ratio of 7.36 means the investor is paying ₹7.36 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of JINDAL SAW LTD.:

  • The EOD is 21.848. Based on the earnings, the company is fair priced.
  • The MRQ is 7.359. Based on the earnings, the company is cheap. +2
  • The TTM is 7.359. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD21.848MRQ7.359+14.489
MRQ7.359TTM7.3590.000
TTM7.359YOY6.993+0.366
TTM7.3595Y5.537+1.823
5Y5.53710Y10.669-5.132
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD21.8488.509+13.339
MRQ7.3597.916-0.557
TTM7.3597.165+0.194
YOY6.9936.986+0.007
5Y5.5378.371-2.834
10Y10.66911.042-0.373
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of JINDAL SAW LTD.:

  • The EOD is 10.670. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.594. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.594. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.670MRQ3.594+7.076
MRQ3.594TTM3.5940.000
TTM3.594YOY-7.577+11.171
TTM3.5945Y0.410+3.184
5Y0.41010Y2.599-2.189
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD10.6703.022+7.648
MRQ3.5942.944+0.650
TTM3.5942.158+1.436
YOY-7.5771.434-9.011
5Y0.4100.944-0.534
10Y2.5991.561+1.038
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of JINDAL SAW LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.64 means the investor is paying ₹0.64 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of JINDAL SAW LTD.:

  • The EOD is 1.898. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.639. Based on the equity, the company is cheap. +2
  • The TTM is 0.639. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.898MRQ0.639+1.259
MRQ0.639TTM0.6390.000
TTM0.639YOY0.420+0.219
TTM0.6395Y0.425+0.215
5Y0.42510Y0.480-0.056
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.8981.005+0.893
MRQ0.6390.953-0.314
TTM0.6390.958-0.319
YOY0.4201.077-0.657
5Y0.4251.064-0.639
10Y0.4801.127-0.647
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of JINDAL SAW LTD. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--13.42113.4210%9.688+39%13.000+3%32.517-59%
Book Value Per Share--227.621227.6210%214.200+6%205.506+11%193.520+18%
Current Ratio--1.1071.1070%1.018+9%1.055+5%1.1090%
Debt To Asset Ratio--0.6010.6010%0.594+1%0.599+0%0.6020%
Debt To Equity Ratio--1.3861.3860%1.358+2%1.393-1%1.420-2%
Dividend Per Share--1.9731.9730%1.973+0%1.968+0%1.733+14%
Eps--19.77819.7780%12.877+54%17.312+14%13.625+45%
Free Cash Flow Per Share--40.49740.4970%-11.885+129%26.337+54%24.002+69%
Free Cash Flow To Equity Per Share---21.060-21.0600%-10.086-52%-4.296-80%-3.621-83%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--506.256--------
Intrinsic Value_10Y_min--236.557--------
Intrinsic Value_1Y_max--31.667--------
Intrinsic Value_1Y_min--22.330--------
Intrinsic Value_3Y_max--109.675--------
Intrinsic Value_3Y_min--68.682--------
Intrinsic Value_5Y_max--205.199--------
Intrinsic Value_5Y_min--116.418--------
Market Cap137366747043.200+66%46540211729.35046540211729.3500%28793858235.850+62%28272793250.140+65%29440369468.786+58%
Net Profit Margin--0.0350.0350%0.032+9%0.044-20%0.037-4%
Operating Margin--0.0640.0640%0.070-8%0.078-17%0.076-16%
Operating Ratio--1.5601.5600%1.636-5%1.588-2%1.589-2%
Pb Ratio1.898+66%0.6390.6390%0.420+52%0.425+51%0.480+33%
Pe Ratio21.848+66%7.3597.3590%6.993+5%5.537+33%10.669-31%
Price Per Share432.100+66%145.550145.5500%90.050+62%88.420+65%92.071+58%
Price To Free Cash Flow Ratio10.670+66%3.5943.5940%-7.577+311%0.410+777%2.599+38%
Price To Total Gains Ratio28.068+66%9.4559.4550%7.723+22%6.316+50%-17.703+287%
Quick Ratio--0.4630.4630%0.255+82%0.174+166%0.258+80%
Return On Assets--0.0350.0350%0.024+42%0.034+2%0.027+26%
Return On Equity--0.0800.0800%0.056+43%0.080+0%0.065+24%
Total Gains Per Share--15.39515.3950%11.660+32%14.967+3%34.251-55%
Usd Book Value--873394800.000873394800.0000%821896596.000+6%788541369.600+11%742550048.571+18%
Usd Book Value Change Per Share--0.1610.1610%0.116+39%0.156+3%0.390-59%
Usd Book Value Per Share--2.7312.7310%2.570+6%2.466+11%2.322+18%
Usd Dividend Per Share--0.0240.0240%0.024+0%0.024+0%0.021+14%
Usd Eps--0.2370.2370%0.155+54%0.208+14%0.164+45%
Usd Free Cash Flow--155390400.000155390400.0000%-45601512.000+129%101055566.400+54%92097809.143+69%
Usd Free Cash Flow Per Share--0.4860.4860%-0.143+129%0.316+54%0.288+69%
Usd Free Cash Flow To Equity Per Share---0.253-0.2530%-0.121-52%-0.052-80%-0.043-83%
Usd Market Cap1648400964.518+66%558482540.752558482540.7520%345526298.830+62%339273519.002+65%353284433.625+58%
Usd Price Per Share5.185+66%1.7471.7470%1.081+62%1.061+65%1.105+58%
Usd Profit--75886800.00075886800.0000%49409892.000+54%66429127.200+14%52459678.286+45%
Usd Revenue--2144136000.0002144136000.0000%1523703828.000+41%1530738523.200+40%1359820182.857+58%
Usd Total Gains Per Share--0.1850.1850%0.140+32%0.180+3%0.411-55%
 EOD+4 -4MRQTTM+0 -0YOY+26 -95Y+26 -910Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of JINDAL SAW LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.848
Price to Book Ratio (EOD)Between0-11.898
Net Profit Margin (MRQ)Greater than00.035
Operating Margin (MRQ)Greater than00.064
Quick Ratio (MRQ)Greater than10.463
Current Ratio (MRQ)Greater than11.107
Debt to Asset Ratio (MRQ)Less than10.601
Debt to Equity Ratio (MRQ)Less than11.386
Return on Equity (MRQ)Greater than0.150.080
Return on Assets (MRQ)Greater than0.050.035
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of JINDAL SAW LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.026
Ma 20Greater thanMa 50443.803
Ma 50Greater thanMa 100483.822
Ma 100Greater thanMa 200470.655
OpenGreater thanClose426.650
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets182,558,900
Total Liabilities109,776,000
Total Stockholder Equity79,227,600
 As reported
Total Liabilities 109,776,000
Total Stockholder Equity+ 79,227,600
Total Assets = 182,558,900

Assets

Total Assets182,558,900
Total Current Assets89,055,665
Long-term Assets93,503,300
Total Current Assets
Cash And Cash Equivalents 775,600
Short-term Investments 1,649,900
Net Receivables 35,628,583
Inventory 41,048,243
Other Current Assets 6,627,230
Total Current Assets  (as reported)89,055,665
Total Current Assets  (calculated)85,729,556
+/- 3,326,109
Long-term Assets
Property Plant Equipment 76,635,700
Intangible Assets 79,261
Other Assets 14,331,600
Long-term Assets  (as reported)93,503,300
Long-term Assets  (calculated)91,046,561
+/- 2,456,739

Liabilities & Shareholders' Equity

Total Current Liabilities80,430,900
Long-term Liabilities29,345,100
Total Stockholder Equity79,227,600
Total Current Liabilities
Short Long Term Debt 29,502,600
Accounts payable 30,053,928
Other Current Liabilities 17,984,834
Total Current Liabilities  (as reported)80,430,900
Total Current Liabilities  (calculated)77,541,362
+/- 2,889,538
Long-term Liabilities
Long term Debt 17,348,100
Capital Lease Obligations Min Short Term Debt2,368,600
Other Liabilities 9,870,594
Long-term Liabilities Other 2,461,100
Long-term Liabilities  (as reported)29,345,100
Long-term Liabilities  (calculated)32,048,394
+/- 2,703,294
Total Stockholder Equity
Common Stock639,515
Retained Earnings 70,693,073
Other Stockholders Equity 1,610,368
Total Stockholder Equity (as reported)79,227,600
Total Stockholder Equity (calculated)72,942,956
+/- 6,284,644
Other
Capital Stock639,500
Common Stock Shares Outstanding 319,754
Net Debt 46,075,100
Net Invested Capital 126,078,300
Net Tangible Assets 79,148,326
Net Working Capital 8,624,700
Property Plant and Equipment Gross 76,635,700



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
131,257,555
135,239,411
151,710,531
154,746,995
162,254,261
168,503,039
182,558,900
182,558,900168,503,039162,254,261154,746,995151,710,531135,239,411131,257,555
   > Total Current Assets 
46,796,006
53,389,707
64,297,479
58,181,133
67,170,753
72,671,074
89,055,665
89,055,66572,671,07467,170,75358,181,13364,297,47953,389,70746,796,006
       Cash And Cash Equivalents 
1,324,078
1,360,739
1,442,465
1,698,219
5,472,099
4,951,922
775,600
775,6004,951,9225,472,0991,698,2191,442,4651,360,7391,324,078
       Short-term Investments 
653,902
64,776
61,407
41,401
693,462
132,025
1,649,900
1,649,900132,025693,46241,40161,40764,776653,902
       Net Receivables 
15,760,361
21,329,134
24,142,900
18,638,683
21,251,904
18,057,652
35,628,583
35,628,58318,057,65221,251,90418,638,68324,142,90021,329,13415,760,361
       Inventory 
23,098,379
24,631,050
31,874,925
26,872,490
29,185,815
37,555,078
41,048,243
41,048,24337,555,07829,185,81526,872,49031,874,92524,631,05023,098,379
       Other Current Assets 
6,303,966
6,116,936
5,443,720
6,922,659
6,320,961
7,098,616
6,627,230
6,627,2307,098,6166,320,9616,922,6595,443,7206,116,9366,303,966
   > Long-term Assets 
84,461,549
81,849,704
87,413,052
96,565,862
95,137,036
95,266,210
93,503,300
93,503,30095,266,21095,137,03696,565,86287,413,05281,849,70484,461,549
       Property Plant Equipment 
75,509,824
72,389,988
74,136,832
79,014,427
77,085,071
76,398,933
76,635,700
76,635,70076,398,93377,085,07179,014,42774,136,83272,389,98875,509,824
       Intangible Assets 
0
75,763
88,809
124,096
107,729
99,602
79,261
79,26199,602107,729124,09688,80975,7630
       Other Assets 
7,709,138
8,280,336
11,301,295
16,038,676
16,536,163
17,146,054
14,331,600
14,331,60017,146,05416,536,16316,038,67611,301,2958,280,3367,709,138
> Total Liabilities 
78,662,226
83,239,449
92,709,422
91,857,822
96,859,922
100,011,656
109,776,000
109,776,000100,011,65696,859,92291,857,82292,709,42283,239,44978,662,226
   > Total Current Liabilities 
38,240,609
42,193,709
57,985,466
58,406,737
64,244,871
71,388,385
80,430,900
80,430,90071,388,38564,244,87158,406,73757,985,46642,193,70938,240,609
       Short-term Debt 
0
0
26,838,706
0
0
0
0
000026,838,70600
       Short Long Term Debt 
29,196,744
29,964,453
30,545,333
30,109,170
27,850,730
39,545,766
29,502,600
29,502,60039,545,76627,850,73030,109,17030,545,33329,964,45329,196,744
       Accounts payable 
4,114,068
5,662,788
18,037,546
14,013,992
19,366,831
15,401,202
30,053,928
30,053,92815,401,20219,366,83114,013,99218,037,5465,662,7884,114,068
       Other Current Liabilities 
3,188,226
4,648,510
7,507,321
12,532,568
14,182,539
13,911,328
17,984,834
17,984,83413,911,32814,182,53912,532,5687,507,3214,648,5103,188,226
   > Long-term Liabilities 
40,421,617
41,046,040
34,723,956
33,451,085
33,325,818
28,623,271
29,345,100
29,345,10028,623,27133,325,81833,451,08534,723,95641,046,04040,421,617
       Long term Debt Total 
0
0
26,331,245
0
0
0
0
000026,331,24500
       Long term Debt 
33,022,268
32,910,644
26,062,727
23,606,612
22,982,807
18,326,341
17,348,100
17,348,10018,326,34122,982,80723,606,61226,062,72732,910,64433,022,268
       Capital Lease Obligations Min Short Term Debt
369,936
237,568
-26,523,777
2,772,176
2,514,368
2,439,911
2,368,600
2,368,6002,439,9112,514,3682,772,176-26,523,777237,568369,936
       Other Liabilities 
7,399,349
7,931,186
8,392,711
7,301,668
7,316,664
8,076,137
9,870,594
9,870,5948,076,1377,316,6647,301,6688,392,7117,931,1867,399,349
       Long-term Liabilities Other 
1,158,604
1,098,004
1,124,755
0
1,019,700
968,200
2,461,100
2,461,100968,2001,019,70001,124,7551,098,0041,158,604
> Total Stockholder Equity
53,861,375
54,963,970
62,823,635
67,634,980
69,830,348
73,641,829
79,227,600
79,227,60073,641,82969,830,34867,634,98062,823,63554,963,97053,861,375
   Common Stock
639,515
639,515
639,515
639,515
639,515
639,515
639,515
639,515639,515639,515639,515639,515639,515639,515
   Retained Earnings 
44,762,341
46,376,376
54,462,045
59,142,777
61,527,999
65,634,588
70,693,073
70,693,07365,634,58861,527,99959,142,77754,462,04546,376,37644,762,341
   Capital Surplus 
0
0
6,423,396
0
0
0
0
00006,423,39600
   Treasury Stock0000000
   Other Stockholders Equity 
2,026,621
1,524,683
1,298,679
1,504,191
1,344,577
1,084,502
1,610,368
1,610,3681,084,5021,344,5771,504,1911,298,6791,524,6832,026,621



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue178,678,000
Cost of Revenue-111,923,400
Gross Profit66,754,60066,754,600
 
Operating Income (+$)
Gross Profit66,754,600
Operating Expense-166,732,700
Operating Income11,945,300-99,978,100
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,597,326
Selling And Marketing Expenses0
Operating Expense166,732,7001,597,326
 
Net Interest Income (+$)
Interest Income1,223,107
Interest Expense-6,375,900
Other Finance Cost-1,223,107
Net Interest Income-6,375,900
 
Pretax Income (+$)
Operating Income11,945,300
Net Interest Income-6,375,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,100,00011,945,300
EBIT - interestExpense = 5,099,637
8,996,223
12,699,800
Interest Expense6,375,900
Earnings Before Interest and Taxes (EBIT)11,475,53713,475,900
Earnings Before Interest and Taxes (EBITDA)18,183,700
 
After tax Income (+$)
Income Before Tax7,100,000
Tax Provision-2,672,400
Net Income From Continuing Ops4,427,6004,427,600
Net Income6,323,900
Net Income Applicable To Common Shares6,323,960
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses36,971,107
Total Other Income/Expenses Net06,375,900
 

Technical Analysis of JINDAL SAW LTD.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of JINDAL SAW LTD.. The general trend of JINDAL SAW LTD. is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine JINDAL SAW LTD.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of JINDAL SAW LTD..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 465.00 < 471.05 < 550.00.

The bearish price targets are: 378.80 > 330.05 > 329.75.

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JINDAL SAW LTD. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of JINDAL SAW LTD.. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

JINDAL SAW LTD. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of JINDAL SAW LTD.. The current macd is -18.12724301.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the JINDAL SAW LTD. price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for JINDAL SAW LTD.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the JINDAL SAW LTD. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
JINDAL SAW LTD. Daily Moving Average Convergence/Divergence (MACD) ChartJINDAL SAW LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of JINDAL SAW LTD.. The current adx is 33.65.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell JINDAL SAW LTD. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
JINDAL SAW LTD. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of JINDAL SAW LTD.. The current sar is 381.41.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
JINDAL SAW LTD. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of JINDAL SAW LTD.. The current rsi is 44.03. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
JINDAL SAW LTD. Daily Relative Strength Index (RSI) ChartJINDAL SAW LTD. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of JINDAL SAW LTD.. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the JINDAL SAW LTD. price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
JINDAL SAW LTD. Daily Stochastic Oscillator ChartJINDAL SAW LTD. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of JINDAL SAW LTD.. The current cci is -33.42428743.

JINDAL SAW LTD. Daily Commodity Channel Index (CCI) ChartJINDAL SAW LTD. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of JINDAL SAW LTD.. The current cmo is -7.89775164.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
JINDAL SAW LTD. Daily Chande Momentum Oscillator (CMO) ChartJINDAL SAW LTD. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of JINDAL SAW LTD.. The current willr is -43.83561644.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that JINDAL SAW LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
JINDAL SAW LTD. Daily Williams %R ChartJINDAL SAW LTD. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of JINDAL SAW LTD..

JINDAL SAW LTD. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of JINDAL SAW LTD.. The current atr is 23.81.

JINDAL SAW LTD. Daily Average True Range (ATR) ChartJINDAL SAW LTD. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of JINDAL SAW LTD.. The current obv is 22,097,322.

JINDAL SAW LTD. Daily On-Balance Volume (OBV) ChartJINDAL SAW LTD. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of JINDAL SAW LTD.. The current mfi is 46.74.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
JINDAL SAW LTD. Daily Money Flow Index (MFI) ChartJINDAL SAW LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for JINDAL SAW LTD..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

JINDAL SAW LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of JINDAL SAW LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.026
Ma 20Greater thanMa 50443.803
Ma 50Greater thanMa 100483.822
Ma 100Greater thanMa 200470.655
OpenGreater thanClose426.650
Total2/5 (40.0%)
Penke

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