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Jindal Saw Limited
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PenkeI guess you are interested in Jindal Saw Limited. 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 Limited. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Jindal Saw Limited (30 sec.)










What can you expect buying and holding a share of Jindal Saw Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.10
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR228.95
Expected worth in 1 year
INR282.94
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR61.94
Return On Investment
14.3%

For what price can you sell your share?

Current Price per Share
INR432.70
Expected price per share
INR328.55 - INR558.45
How sure are you?
50%

1. Valuation of Jindal Saw Limited (5 min.)




Live pricePrice per Share (EOD)

INR432.70

Intrinsic Value Per Share

INR183.40 - INR588.71

Total Value Per Share

INR412.35 - INR817.66

2. Growth of Jindal Saw Limited (5 min.)




Is Jindal Saw Limited growing?

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

How much money is Jindal Saw Limited making?

Current yearPrevious yearGrowGrow %
Making money$53.1m$49.4m$3.7m7.0%
Net Profit Margin2.5%3.2%--

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

3. Financial Health of Jindal Saw Limited (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 Limited? (5 min.)

Welcome investor! Jindal Saw Limited's management wants to use your money to grow the business. In return you get a share of Jindal Saw Limited.

What can you expect buying and holding a share of Jindal Saw Limited?

First you should know what it really means to hold a share of Jindal Saw Limited. And how you can make/lose money.

Speculation

The Price per Share of Jindal Saw Limited is INR432.70. 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 Limited.
  • 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 Limited, 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 INR228.95. Based on the TTM, the Book Value Change Per Share is INR13.50 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.86 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 INR1.98 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Jindal Saw Limited.

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%0.160.0%0.210.0%0.110.0%
Usd Book Value Change Per Share0.160.0%0.160.0%0.120.0%0.160.0%0.130.0%
Usd Dividend Per Share0.020.0%0.020.0%0.020.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.190.0%0.190.0%0.140.0%0.180.0%0.150.0%
Usd Price Per Share1.75-1.75-1.08-1.06-0.97-
Price to Earnings Ratio7.33-7.33-6.96-5.52--10.65-
Price-to-Total Gains Ratio9.42-9.42-7.61-6.14-2.28-
Price to Book Ratio0.64-0.64-0.42-0.42-0.47-
Price-to-Total Gains Ratio9.42-9.42-7.61-6.14-2.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.1924
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 Share0.190.18
Gains per Quarter (192 shares)35.6835.11
Gains per Year (192 shares)142.70140.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11812413318122130
23724927636244270
35537341955367410
47349856273489550
59162270591611690
6110746848109733830
7128871991127856970
814699511341469781110
91651120127716411001250
101831244142018212221390

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%7.03.00.070.0%16.04.00.080.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%16.03.01.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%17.03.00.085.0%

Fundamentals of Jindal Saw Limited

About Jindal Saw Limited

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 12:16:04.

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 less efficient 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 Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jindal Saw Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Jindal Saw Limited to the Steel industry mean.
  • A Net Profit Margin of 2.5% means that ₹0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jindal Saw Limited:

  • The MRQ is 2.5%. The company is making a profit. +1
  • The TTM is 2.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY3.2%-0.8%
TTM2.5%5Y4.2%-1.7%
5Y4.2%10Y2.3%+1.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%2.6%-0.1%
TTM2.5%2.9%-0.4%
YOY3.2%4.8%-1.6%
5Y4.2%3.5%+0.7%
10Y2.3%2.9%-0.6%
1.1.2. Return on Assets

Shows how efficient Jindal Saw Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jindal Saw Limited to the Steel industry mean.
  • 2.4% Return on Assets means that Jindal Saw Limited generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jindal Saw Limited:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.4%0.0%
TTM2.4%YOY2.4%0.0%
TTM2.4%5Y3.2%-0.8%
5Y3.2%10Y1.7%+1.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.1%+1.3%
TTM2.4%1.2%+1.2%
YOY2.4%1.9%+0.5%
5Y3.2%1.3%+1.9%
10Y1.7%1.0%+0.7%
1.1.3. Return on Equity

Shows how efficient Jindal Saw Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jindal Saw Limited to the Steel industry mean.
  • 5.6% Return on Equity means Jindal Saw Limited generated ₹0.06 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jindal Saw Limited:

  • The MRQ is 5.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY5.6%0.0%
TTM5.6%5Y7.5%-1.9%
5Y7.5%10Y4.0%+3.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%2.0%+3.6%
TTM5.6%2.2%+3.4%
YOY5.6%3.8%+1.8%
5Y7.5%2.4%+5.1%
10Y4.0%1.8%+2.2%

1.2. Operating Efficiency of Jindal Saw Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jindal Saw Limited is operating .

  • Measures how much profit Jindal Saw Limited 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 Limited to the Steel industry mean.
  • An Operating Margin of 7.7% means the company generated ₹0.08  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jindal Saw Limited:

  • The MRQ is 7.7%. The company is operating less efficient.
  • The TTM is 7.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.7%TTM7.7%0.0%
TTM7.7%YOY7.5%+0.2%
TTM7.7%5Y8.5%-0.8%
5Y8.5%10Y7.1%+1.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7%5.9%+1.8%
TTM7.7%3.4%+4.3%
YOY7.5%6.1%+1.4%
5Y8.5%5.6%+2.9%
10Y7.1%4.1%+3.0%
1.2.2. Operating Ratio

Measures how efficient Jindal Saw Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.93 means that the operating costs are ₹0.93 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Jindal Saw Limited:

  • The MRQ is 0.933. The company is less efficient in keeping operating costs low.
  • The TTM is 0.933. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.933TTM0.9330.000
TTM0.933YOY0.931+0.002
TTM0.9335Y0.923+0.010
5Y0.92310Y0.932-0.010
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9331.706-0.773
TTM0.9331.629-0.696
YOY0.9311.488-0.557
5Y0.9231.527-0.604
10Y0.9321.306-0.374

1.3. Liquidity of Jindal Saw Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jindal Saw Limited 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 Limited:

  • 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
TTM1.107YOY1.026+0.081
TTM1.1075Y1.059+0.048
5Y1.05910Y1.143-0.084
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1071.669-0.562
TTM1.1071.736-0.629
YOY1.0261.669-0.643
5Y1.0591.615-0.556
10Y1.1431.436-0.293
1.3.2. Quick Ratio

Measures if Jindal Saw Limited 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 Limited to the Steel industry mean.
  • A Quick Ratio of 0.53 means the company can pay off ₹0.53 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jindal Saw Limited:

  • The MRQ is 0.527. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.527. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.527TTM0.5270.000
TTM0.527YOY0.397+0.130
TTM0.5275Y0.469+0.058
5Y0.46910Y0.546-0.078
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5270.612-0.085
TTM0.5270.647-0.120
YOY0.3970.717-0.320
5Y0.4690.693-0.224
10Y0.5460.633-0.087

1.4. Solvency of Jindal Saw Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jindal Saw Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jindal Saw Limited to Steel industry mean.
  • A Debt to Asset Ratio of 0.60 means that Jindal Saw Limited 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 Limited:

  • 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
5Y0.59910Y0.628-0.029
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
10Y0.6280.510+0.118
1.4.2. Debt to Equity Ratio

Measures if Jindal Saw Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Jindal Saw Limited 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 Limited:

  • 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
5Y1.39310Y1.680-0.287
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
10Y1.6801.192+0.488

2. Market Valuation of Jindal Saw Limited

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 Limited generates.

  • Above 15 is considered overpriced but always compare Jindal Saw Limited to the Steel industry mean.
  • A PE ratio of 7.33 means the investor is paying ₹7.33 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Jindal Saw Limited:

  • The EOD is 21.752. Based on the earnings, the company is fair priced.
  • The MRQ is 7.334. Based on the earnings, the company is cheap. +2
  • The TTM is 7.334. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD21.752MRQ7.334+14.417
MRQ7.334TTM7.3340.000
TTM7.334YOY6.956+0.378
TTM7.3345Y5.516+1.819
5Y5.51610Y-10.652+16.167
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD21.7528.509+13.243
MRQ7.3347.916-0.582
TTM7.3347.165+0.169
YOY6.9566.986-0.030
5Y5.5168.371-2.855
10Y-10.65211.042-21.694
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 Limited:

  • The EOD is 10.623. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.582. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.582. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.623MRQ3.582+7.041
MRQ3.582TTM3.5820.000
TTM3.582YOY-7.537+11.119
TTM3.5825Y0.412+3.169
5Y0.41210Y1.538-1.125
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD10.6233.022+7.601
MRQ3.5822.944+0.638
TTM3.5822.158+1.424
YOY-7.5371.434-8.971
5Y0.4120.944-0.532
10Y1.5381.561-0.023
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jindal Saw Limited 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 Limited:

  • The EOD is 1.890. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.637. Based on the equity, the company is cheap. +2
  • The TTM is 0.637. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.890MRQ0.637+1.253
MRQ0.637TTM0.6370.000
TTM0.637YOY0.418+0.219
TTM0.6375Y0.423+0.214
5Y0.42310Y0.466-0.042
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.8901.005+0.885
MRQ0.6370.953-0.316
TTM0.6370.958-0.321
YOY0.4181.077-0.659
5Y0.4231.064-0.641
10Y0.4661.127-0.661
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jindal Saw Limited 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--13.49913.4990%9.858+37%13.264+2%10.735+26%
Book Value Per Share--228.945228.9450%215.446+6%206.241+11%174.634+31%
Current Ratio--1.1071.1070%1.026+8%1.059+5%1.143-3%
Debt To Asset Ratio--0.6010.6010%0.594+1%0.599+0%0.628-4%
Debt To Equity Ratio--1.3861.3860%1.358+2%1.393-1%1.680-18%
Dividend Per Share--1.9851.9850%1.984+0%1.974+1%1.531+30%
Eps--19.89319.8930%12.952+54%17.361+15%9.104+118%
Free Cash Flow Per Share--40.73340.7330%-11.954+129%26.409+54%13.956+192%
Free Cash Flow To Equity Per Share---21.187-21.1870%-10.035-53%-4.235-80%-2.582-88%
Gross Profit Margin--0.8360.8360%0.853-2%0.790+6%1.317-37%
Intrinsic Value_10Y_max--588.714--------
Intrinsic Value_10Y_min--183.401--------
Intrinsic Value_1Y_max--33.509--------
Intrinsic Value_1Y_min--15.225--------
Intrinsic Value_3Y_max--120.103--------
Intrinsic Value_3Y_min--48.748--------
Intrinsic Value_5Y_max--230.113--------
Intrinsic Value_5Y_min--85.303--------
Market Cap137557490038.400+66%46382338332.80046382338332.8000%28643239779.200+62%28176266781.470+65%25677467627.090+81%
Net Profit Margin--0.0250.0250%0.032-24%0.042-41%0.023+7%
Operating Margin--0.0770.0770%0.075+3%0.085-10%0.071+8%
Operating Ratio--0.9330.9330%0.931+0%0.923+1%0.932+0%
Pb Ratio1.890+66%0.6370.6370%0.418+52%0.423+50%0.466+37%
Pe Ratio21.752+66%7.3347.3340%6.956+5%5.516+33%-10.652+245%
Price Per Share432.700+66%145.900145.9000%90.100+62%88.470+65%80.550+81%
Price To Free Cash Flow Ratio10.623+66%3.5823.5820%-7.537+310%0.412+769%1.538+133%
Price To Total Gains Ratio27.945+66%9.4229.4220%7.609+24%6.137+54%2.275+314%
Quick Ratio--0.5270.5270%0.397+33%0.469+12%0.546-4%
Return On Assets--0.0240.0240%0.024-1%0.032-24%0.017+39%
Return On Equity--0.0560.0560%0.0560%0.075-25%0.040+38%
Total Gains Per Share--15.48415.4840%11.842+31%15.239+2%12.267+26%
Usd Book Value--873394800.000873394800.0000%821896596.000+6%788541369.600+11%668145632.400+31%
Usd Book Value Change Per Share--0.1620.1620%0.118+37%0.159+2%0.129+26%
Usd Book Value Per Share--2.7472.7470%2.585+6%2.475+11%2.096+31%
Usd Dividend Per Share--0.0240.0240%0.024+0%0.024+1%0.018+30%
Usd Eps--0.2390.2390%0.155+54%0.208+15%0.109+118%
Usd Free Cash Flow--155390400.000155390400.0000%-45601512.000+129%101055566.400+54%53511220.800+190%
Usd Free Cash Flow Per Share--0.4890.4890%-0.143+129%0.317+54%0.167+192%
Usd Free Cash Flow To Equity Per Share---0.254-0.2540%-0.120-53%-0.051-80%-0.031-88%
Usd Market Cap1650689880.461+66%556588059.994556588059.9940%343718877.350+62%338115201.378+65%308129611.525+81%
Usd Price Per Share5.192+66%1.7511.7510%1.081+62%1.062+65%0.967+81%
Usd Profit--53131200.00053131200.0000%49409892.000+8%61878007.200-14%33248448.000+60%
Usd Revenue--2144136000.0002144136000.0000%1523703828.000+41%1532369656.800+40%1228737710.400+74%
Usd Total Gains Per Share--0.1860.1860%0.142+31%0.183+2%0.147+26%
 EOD+4 -4MRQTTM+0 -0YOY+23 -135Y+23 -1310Y+26 -10

3.2. Fundamental Score

Let's check the fundamental score of Jindal Saw Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.752
Price to Book Ratio (EOD)Between0-11.890
Net Profit Margin (MRQ)Greater than00.025
Operating Margin (MRQ)Greater than00.077
Quick Ratio (MRQ)Greater than10.527
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 than0.150.056
Return on Assets (MRQ)Greater than0.050.024
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Jindal Saw Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.268
Ma 20Greater thanMa 50443.728
Ma 50Greater thanMa 100483.775
Ma 100Greater thanMa 200470.703
OpenGreater thanClose429.000
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 Assets89,055,600
Long-term Assets93,503,300
Total Current Assets
Cash And Cash Equivalents 775,600
Short-term Investments 1,649,900
Net Receivables 38,312,400
Inventory 41,048,200
Other Current Assets 7,269,500
Total Current Assets  (as reported)89,055,600
Total Current Assets  (calculated)89,055,600
+/-0
Long-term Assets
Property Plant Equipment 76,635,700
Goodwill 39
Intangible Assets 79,261
Other Assets 4,154,567
Long-term Assets  (as reported)93,503,300
Long-term Assets  (calculated)80,869,567
+/- 12,633,733

Liabilities & Shareholders' Equity

Total Current Liabilities80,430,900
Long-term Liabilities29,345,100
Total Stockholder Equity79,227,600
Total Current Liabilities
Short-term Debt 29,744,800
Short Long Term Debt 29,502,600
Accounts payable 30,053,900
Other Current Liabilities 14,588,733
Total Current Liabilities  (as reported)80,430,900
Total Current Liabilities  (calculated)103,890,033
+/- 23,459,133
Long-term Liabilities
Long term Debt Total 13,283,103
Capital Lease Obligations 2,368,600
Other Liabilities 9,870,594
Long-term Liabilities  (as reported)29,345,100
Long-term Liabilities  (calculated)25,522,297
+/- 3,822,803
Total Stockholder Equity
Common Stock639,500
Retained Earnings 38,222,867
Accumulated Other Comprehensive Income 34,080,570
Capital Surplus 6,423,400
Total Stockholder Equity (as reported)79,227,600
Total Stockholder Equity (calculated)79,366,337
+/- 138,737
Other
Capital Stock639,500
Cash And Equivalents20,748
Cash and Short Term Investments 2,425,500
Common Stock Shares Outstanding 317,624
Current Deferred Revenue6,043,467
Liabilities and Stockholders Equity 182,558,900
Net Debt 48,443,700
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
Short Long Term Debt Total 49,219,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
17,969,855
25,587,581
39,076,218
39,076,218
47,785,151
62,439,011
59,119,581
76,465,779
93,254,875
107,128,826
114,158,048
143,862,282
145,675,591
128,024,765
135,239,411
151,710,531
154,746,995
162,254,261
168,503,039
182,558,900
182,558,900168,503,039162,254,261154,746,995151,710,531135,239,411128,024,765145,675,591143,862,282114,158,048107,128,82693,254,87576,465,77959,119,58162,439,01147,785,15139,076,21839,076,21825,587,58117,969,855
   > Total Current Assets 
11,060,177
16,782,026
27,976,483
27,976,483
32,082,160
38,514,280
28,187,800
40,506,557
47,863,649
48,321,252
50,116,980
70,645,984
57,119,262
43,563,216
53,389,707
64,297,479
58,181,133
67,117,222
73,236,828
89,055,600
89,055,60073,236,82867,117,22258,181,13364,297,47953,389,70743,563,21657,119,26270,645,98450,116,98048,321,25247,863,64940,506,55728,187,80038,514,28032,082,16027,976,48327,976,48316,782,02611,060,177
       Cash And Cash Equivalents 
344,684
1,526,459
3,921,591
3,921,591
6,586,417
5,663,808
5,991,528
2,118,755
2,949,857
2,897,093
1,419,996
3,493,767
2,083,830
1,324,078
719,077
1,442,465
1,692,337
5,472,099
4,951,922
775,600
775,6004,951,9225,472,0991,692,3371,442,465719,0771,324,0782,083,8303,493,7671,419,9962,897,0932,949,8572,118,7555,991,5285,663,8086,586,4173,921,5913,921,5911,526,459344,684
       Short-term Investments 
0
0
0
0
0
0
0
0
7,937,858
1,431,976
642,529
2,896,526
2,383,420
653,902
706,438
61,407
47,283
693,462
132,025
1,649,900
1,649,900132,025693,46247,28361,407706,438653,9022,383,4202,896,526642,5291,431,9767,937,85800000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
25,354,206
28,760,126
26,234,228
15,760,361
21,329,134
24,142,900
25,858,438
25,056,746
23,110,903
38,312,400
38,312,40023,110,90325,056,74625,858,43824,142,90021,329,13415,760,36126,234,22828,760,12625,354,2060000000000
       Inventory 
4,518,244
9,262,491
13,966,744
13,966,744
11,842,744
16,533,827
8,070,807
17,063,528
21,445,805
17,858,758
19,190,573
30,024,232
24,656,235
19,865,589
24,631,050
31,874,925
26,872,490
29,185,815
37,555,078
41,048,200
41,048,20037,555,07829,185,81526,872,49031,874,92524,631,05019,865,58924,656,23530,024,23219,190,57317,858,75821,445,80517,063,5288,070,80716,533,82711,842,74413,966,74413,966,7449,262,4914,518,244
       Other Current Assets 
6,197,249
5,993,076
10,088,148
10,088,148
13,652,999
16,316,645
14,125,465
21,324,274
15,530,129
26,133,425
28,863,882
34,231,459
27,995,777
21,719,647
27,333,142
3,451,994
3,710,585
6,709,100
7,486,900
7,269,500
7,269,5007,486,9006,709,1003,710,5853,451,99427,333,14221,719,64727,995,77734,231,45928,863,88226,133,42515,530,12921,324,27414,125,46516,316,64513,652,99910,088,14810,088,1485,993,0766,197,249
   > Long-term Assets 
6,909,678
8,805,555
11,099,735
11,099,735
15,702,991
23,924,731
30,931,781
35,959,222
45,391,226
58,807,574
64,041,068
73,216,298
88,556,329
84,461,549
81,849,704
87,413,052
96,565,862
95,137,036
95,266,210
93,503,300
93,503,30095,266,21095,137,03696,565,86287,413,05281,849,70484,461,54988,556,32973,216,29864,041,06858,807,57445,391,22635,959,22230,931,78123,924,73115,702,99111,099,73511,099,7358,805,5556,909,678
       Property Plant Equipment 
5,868,220
7,829,916
10,094,253
10,094,253
13,308,336
22,731,704
27,426,841
32,646,933
41,388,889
54,896,783
59,092,600
68,214,309
82,169,875
75,509,824
72,389,988
74,136,832
79,014,427
77,085,071
76,398,933
76,635,700
76,635,70076,398,93377,085,07179,014,42774,136,83272,389,98875,509,82482,169,87568,214,30959,092,60054,896,78341,388,88932,646,93327,426,84122,731,70413,308,33610,094,25310,094,2537,829,9165,868,220
       Goodwill 
0
0
0
0
0
0
242,075
479,936
1,531,455
0
1,535,811
135,343
72,142
0
0
0
0
0
0
39
3900000072,142135,3431,535,81101,531,455479,936242,075000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
103,425
205,907
263,099
1,186,504
1,103,617
1,886,116
0
0
0
0
00001,886,1161,103,6171,186,504263,099205,907103,4250000000000
       Intangible Assets 
0
0
2,007
2,007
1,777
1,599
6,024
75,684
100,091
0
1,131,764
385,341
75,455
56,083
75,763
88,809
124,096
107,729
99,602
79,261
79,26199,602107,729124,09688,80975,76356,08375,455385,3411,131,7640100,09175,6846,0241,5991,7772,0072,00700
       Long-term Assets Other 
1,029,268
900,166
993,277
993,277
2,162,613
791,036
3,256,841
2,756,669
8,138,935
5,239,342
5,487,572
7,726,068
4,259,783
3,759,482
5,724,961
7,466,830
12,283,790
13,206,234
6,178,402
3,352,100
3,352,1006,178,40213,206,23412,283,7907,466,8305,724,9613,759,4824,259,7837,726,0685,487,5725,239,3428,138,9352,756,6693,256,841791,0362,162,613993,277993,277900,1661,029,268
> Total Liabilities 
14,545,503
17,665,316
29,293,845
29,293,845
23,940,958
34,054,924
22,182,315
35,551,518
55,720,594
68,474,253
76,896,004
105,421,558
94,511,737
78,662,226
83,239,449
92,709,422
91,857,822
96,859,922
100,011,656
109,776,000
109,776,000100,011,65696,859,92291,857,82292,709,42283,239,44978,662,22694,511,737105,421,55876,896,00468,474,25355,720,59435,551,51822,182,31534,054,92423,940,95829,293,84529,293,84517,665,31614,545,503
   > Total Current Liabilities 
6,437,211
5,011,833
12,303,265
12,303,265
10,429,474
14,572,970
10,104,163
11,114,159
35,238,248
38,024,728
38,564,910
57,825,986
47,412,977
38,240,609
42,193,409
57,985,466
58,406,737
63,534,104
71,388,385
80,430,900
80,430,90071,388,38563,534,10458,406,73757,985,46642,193,40938,240,60947,412,97757,825,98638,564,91038,024,72835,238,24811,114,15910,104,16314,572,97010,429,47412,303,26512,303,2655,011,8336,437,211
       Short-term Debt 
0
0
0
0
0
0
0
0
16,338,071
21,024,215
22,822,058
34,015,412
35,485,643
29,566,680
29,998,111
30,591,744
30,338,541
28,049,518
39,764,884
29,744,800
29,744,80039,764,88428,049,51830,338,54130,591,74429,998,11129,566,68035,485,64334,015,41222,822,05821,024,21516,338,07100000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
59,889,781
4,971,367
5,688,384
29,196,744
29,964,453
30,545,333
30,109,170
20,870,500
39,545,800
29,502,600
29,502,60039,545,80020,870,50030,109,17030,545,33329,964,45329,196,7445,688,3844,971,36759,889,7810000000000
       Accounts payable 
5,820,130
3,753,532
9,929,517
9,929,517
7,009,607
11,625,807
6,776,441
4,131,199
7,604,177
7,930,823
6,797,020
9,131,660
4,995,000
4,114,068
5,662,788
18,037,546
14,013,992
19,366,831
15,401,202
30,053,900
30,053,90015,401,20219,366,83114,013,99218,037,5465,662,7884,114,0684,995,0009,131,6606,797,0207,930,8237,604,1774,131,1996,776,44111,625,8077,009,6079,929,5179,929,5173,753,5325,820,130
       Other Current Liabilities 
617,081
1,258,301
2,373,748
2,373,748
3,419,867
2,947,163
3,327,722
6,982,960
11,296,000
9,069,690
8,945,832
14,678,914
6,796,270
4,549,466
6,238,511
9,356,176
8,576,513
8,576,994
13,528,975
14,588,733
14,588,73313,528,9758,576,9948,576,5139,356,1766,238,5114,549,4666,796,27014,678,9148,945,8329,069,69011,296,0006,982,9603,327,7222,947,1633,419,8672,373,7482,373,7481,258,301617,081
   > Long-term Liabilities 
8,108,292
12,653,483
16,990,580
16,990,580
13,511,484
19,481,954
12,078,152
24,437,359
20,482,346
30,449,525
38,331,094
47,595,572
47,098,760
40,421,617
41,046,040
34,723,956
33,451,085
33,325,818
28,623,271
29,345,100
29,345,10028,623,27133,325,81833,451,08534,723,95641,046,04040,421,61747,098,76047,595,57238,331,09430,449,52520,482,34624,437,35912,078,15219,481,95413,511,48416,990,58016,990,58012,653,4838,108,292
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
33,022,268
33,114,554
26,331,245
26,149,417
25,298,387
20,547,100
13,283,103
13,283,10320,547,10025,298,38726,149,41726,331,24533,114,55433,022,2680000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
3,404,119
8,334,961
6,627,651
7,399,349
7,931,186
8,392,711
7,301,668
8,027,431
8,076,137
9,870,594
9,870,5948,076,1378,027,4317,301,6688,392,7117,931,1867,399,3496,627,6518,334,9613,404,1190000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
97,168
0
0
0
0
0
0
0
0
0
00000000097,1680000000000
> Total Stockholder Equity
3,424,352
7,922,265
9,631,313
9,631,313
23,749,626
28,288,288
36,870,495
40,694,219
37,226,262
36,674,813
35,683,733
36,897,621
51,223,626
53,861,375
54,963,970
62,823,635
67,634,980
69,830,348
73,641,829
79,227,600
79,227,60073,641,82969,830,34867,634,98062,823,63554,963,97053,861,37551,223,62636,897,62135,683,73336,674,81337,226,26240,694,21936,870,49528,288,28823,749,6269,631,3139,631,3137,922,2653,424,352
   Common Stock
389,797
1,471,147
1,483,647
1,483,647
1,511,428
1,521,225
1,547,234
552,458
552,458
552,458
552,458
580,074
609,072
639,519
639,519
639,519
639,519
639,519
639,519
639,500
639,500639,519639,519639,519639,519639,519639,519609,072580,074552,458552,458552,458552,4581,547,2341,521,2251,511,4281,483,6471,483,6471,471,147389,797
   Retained Earnings 
826,946
1,426,047
0
0
0
0
0
0
2,441,380
616,950
-1,636,620
41,217,189
41,935,343
44,762,341
46,376,376
54,462,045
27,401,512
29,686,150
33,167,739
38,222,867
38,222,86733,167,73929,686,15027,401,51254,462,04546,376,37644,762,34141,935,34341,217,189-1,636,620616,9502,441,3800000001,426,047826,946
   Accumulated Other Comprehensive Income 
-1,573,114
-1,980,400
-2,498,974
-2,498,974
-3,244,887
-4,119,093
-5,711,022
-7,334,903
-8,910,409
-10,930,654
-14,058,158
-18,152,672
-7,250,176
-10,217,381
-13,144,137
-16,828,529
33,245,452
33,186,422
33,551,347
34,080,570
34,080,57033,551,34733,186,42233,245,452-16,828,529-13,144,137-10,217,381-7,250,176-18,152,672-14,058,158-10,930,654-8,910,409-7,334,903-5,711,022-4,119,093-3,244,887-2,498,974-2,498,974-1,980,400-1,573,114
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
5,323,297
6,432,898
6,423,396
6,423,396
6,423,396
6,423,396
6,423,396
6,423,400
6,423,4006,423,3966,423,3966,423,3966,423,3966,423,3966,432,8985,323,297000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
3,780,723
7,005,471
10,646,640
10,646,640
25,483,085
30,886,156
41,034,283
47,476,664
43,142,833
46,436,059
50,826,053
54,470,219
57,864,730
63,439,237
67,468,588
79,012,645
6,348,497
6,318,257
6,283,224
6,284,663
6,284,6636,283,2246,318,2576,348,49779,012,64567,468,58863,439,23757,864,73054,470,21950,826,05346,436,05943,142,83347,476,66441,034,28330,886,15625,483,08510,646,64010,646,6407,005,4713,780,723



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-54,809,300
Operating Income13,726,30011,945,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative869,838
Selling And Marketing Expenses727,488
Operating Expense54,809,3001,597,326
 
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 Income13,726,300
Net Interest Income-6,375,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,100,00020,352,600
EBIT - interestExpense = 7,350,400
7,100,000
10,803,500
Interest Expense6,375,900
Earnings Before Interest and Taxes (EBIT)13,726,30013,475,900
Earnings Before Interest and Taxes (EBITDA)18,434,100
 
After tax Income (+$)
Income Before Tax7,100,000
Tax Provision-2,672,400
Net Income From Continuing Ops4,427,6004,427,600
Net Income4,427,600
Net Income Applicable To Common Shares6,323,960
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items214,170
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses166,732,700
Total Other Income/Expenses Net-6,626,3006,375,900
 

Technical Analysis of Jindal Saw Limited
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 Limited. The general trend of Jindal Saw Limited 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 Limited'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 Limited.

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: 471.00 < 550.00 < 558.45.

The bearish price targets are: 379.95 > 330.00 > 328.55.

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Jindal Saw Limited 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 Limited. 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 Limited 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 Limited. The current macd is -18.10573084.

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 Limited 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 Limited. 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 Limited 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 Limited Daily Moving Average Convergence/Divergence (MACD) ChartJindal Saw Limited 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 Limited. The current adx is 33.46.

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 Limited 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 Limited 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 Limited. The current sar is 382.53.

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 Limited 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 Limited. The current rsi is 44.27. 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 Limited Daily Relative Strength Index (RSI) ChartJindal Saw Limited 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 Limited. 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 Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Jindal Saw Limited Daily Stochastic Oscillator ChartJindal Saw Limited 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 Limited. The current cci is -30.24464296.

Jindal Saw Limited Daily Commodity Channel Index (CCI) ChartJindal Saw Limited 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 Limited. The current cmo is -7.14950075.

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 Limited Daily Chande Momentum Oscillator (CMO) ChartJindal Saw Limited 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 Limited. The current willr is -43.88297872.

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 Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Jindal Saw Limited Daily Williams %R ChartJindal Saw Limited 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 Limited.

Jindal Saw Limited 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 Limited. The current atr is 24.16.

Jindal Saw Limited Daily Average True Range (ATR) ChartJindal Saw Limited 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 Limited. The current obv is 267,068,689.

Jindal Saw Limited Daily On-Balance Volume (OBV) ChartJindal Saw Limited 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 Limited. The current mfi is 47.82.

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 Limited Daily Money Flow Index (MFI) ChartJindal Saw Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jindal Saw Limited.

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
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
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.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR 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
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
MFI 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
2024-01-25DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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.
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
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).
2024-02-13CCI 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.
CMO 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.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05WILLR 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.
2024-03-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
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 Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Jindal Saw Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.268
Ma 20Greater thanMa 50443.728
Ma 50Greater thanMa 100483.775
Ma 100Greater thanMa 200470.703
OpenGreater thanClose429.000
Total2/5 (40.0%)
Penke

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