Jindal Stainless stock is experiencing a surge in trading activity during today's session, with its share price climbing 4.45% to reach Rs 652.65. The increase in volume suggests heightened investor interest in the stock.
The stock's performance is particularly noteworthy as it is a constituent of the NIFTY MIDCAP 150 index. This index represents the performance of mid-sized companies, indicating that Jindal Stainless's upward movement is part of a broader market dynamic.
Financial Performance Overview:
Jindal Stainless has demonstrated consistent financial performance, as reflected in its revenue, net profit, and EPS (Earnings Per Share) over the past few years. Here’s a summary of the company’s financial highlights:
Revenue:
- Mar 2025: Rs 10,198.32 Cr
- Dec 2024: Rs 9,907.30 Cr
- Sep 2024: Rs 9,776.83 Cr
- Jun 2024: Rs 9,429.76 Cr
- Mar 2024: Rs 9,454.02 Cr
- Mar 2025: Rs 617.94 Cr
- Dec 2024: Rs 668.78 Cr
- Sep 2024: Rs 609.42 Cr
- Jun 2024: Rs 647.50 Cr
- Mar 2024: Rs 500.55 Cr
- Mar 2025: Rs 7.18
- Dec 2024: Rs 7.95
- Sep 2024: Rs 7.42
- Jun 2024: Rs 7.87
- Mar 2024: Rs 6.08
The consolidated financials show a steady increase in revenue and net profit over the years. The annual revenue has grown from Rs 12,188.46 crore in 2021 to Rs 39,312.21 crore in 2025. Similarly, the net profit has increased from Rs 414.25 crore in 2021 to Rs 2,543.42 crore in 2025.
Key Financial Ratios:
Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Basic EPS (Rs.) | 8.60 | 37.81 | 25.68 | 32.95 | 30.42 |
Book Value/Share (Rs.) | 66.05 | 99.46 | 145.33 | 174.56 | 202.61 |
Debt to Equity (x) | 0.97 | 0.60 | 0.32 | 0.41 | 0.38 |
P/E (x) | 7.86 | 5.36 | 11.29 | 21.08 | 19.12 |
P/B (x) | 1.03 | 2.05 | 2.00 | 3.98 | 2.87 |
These figures highlight the company's growing profitability and improving financial health. The decreasing debt-to-equity ratio indicates better financial stability.
Market Sentiment:
Moneycontrol's analysis as of May 7, 2025 suggests a bullish sentiment for Jindal Stainless. This positive sentiment may be contributing to the increased trading volume and price surge observed today. With the stock currently trading at Rs 652.65, Jindal Stainless shows significant upward movement, driven by high trading volumes and positive market sentiment.
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