Jayaswal Neco Industries Limited Share Price and Company Fundamentals
Last traded: Today at 10:00 AM
Jayaswal Neco Industries Limited manufactures and sells steel products, and iron and steel castings in India and internationally. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers pig iron, billets, rolled products, sponge iron, and pellets; and carbon, alloy, spring, leaf, free cutting, cold heading quality and ball bearing steels, and stabilizer bars and coils. It also engages in the mining activities; and provides construction castings products, including cast iron pipes and fittings, and cast iron and ductile iron manhole covers for soil, waste, ventilation, and rainwater use in building drainage systems. In addition, the company offers automotive and engineering castings products. Further, it trades in coal, coke, and PVC pipes. The company serves automotive, power, railways, bearings, structural and fasteners, heavy engineering, refineries, power plants, chemical plants and pipelines, material handling equipment manufacturers, crane manufacturers, sugar crushing mills, and other industries. Jayaswal Neco Industries Limited was founded in 1902 and is based in Nagpur, India.
Key Metrics
PE ratio
0.91
PB ratio
1.13
Dividend yield
0.00%
Beta
1.54
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Steel / Basic Materials |
|---|---|
| Website | https://www.necoindia.com |
| Mailing address | F-8, MIDC Industrial Area Hingna Road Nagpur 440016 India |
| Phone / Fax | 91 71 0423 7276 / 91 71 0423 7583 |
Dividends
Dividend yield
0.00%
Dividend amount
₹0.00
Payout ratio
0.00%
Jayaswal Neco Industries Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.JAYNECOIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
JAYNECOIND's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Jayaswal Neco Industries Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Ramesh Kumar Jayaswal | Joint MD, CEO of Steel Plant Division & Director | 61 | 11.49M |
| Mr. Arvind Kumar Jayaswal | MD, CEO of Foundry Division & Exec. Director | 68 | 11.31M |
| Mr. Pramod Kumar Bhardwaj FCA | CFO & Professional Exec. Director | 67 | 4.39M |
| Mr. Vikash Kumar Agarwal | Company Sec. & Compliance Officer | 40 | |
| Mr. Rajkamal Shrivastava | Pres of Marketing | 58 | |
| Mr. Megh Pal Singh | COO of Steel Plant Division, Exec. Director of Steel & Professional Exec. Director | 63 | 5.85M |
| Mr. Kapil Shroff | Pres of Fin. | 42 | |
| Mr. Bijendra Kumar Tiwari | Pres of Works | 50 | |
| Mr. B. Venkata Narayana | VP of Project | 56 | |
| Mr. B. Srinivasa Rao | VP of Pellet Plant |
Profitability and management effectiveness
Profit margin
37.71%
Operating margin
17.43%
Return on assets
10.62%
Return on equity
954.69%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Jayaswal Neco Industries Limited is and its enterprise value is .
The JAYNECOIND's stocks Beta value is 1.54 making it 54% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Jayaswal Neco Industries Limited (NSE:JAYNECOIND) Frequently Asked Questions
1. What is Jayaswal Neco Industries Limited's Stock Symbol?
Jayaswal Neco Industries Limited trades on NSE under the ticker symbol "JAYNECOIND".
2. What is Jayaswal Neco Industries Limited's stock price today?
One share of JAYNECOIND stock can currently be purchased for approximately ₹22.95.
3. How can I contact Jayaswal Neco Industries Limited?
Jayaswal Neco Industries Limited's mailing address is F-8, MIDC Industrial Area Hingna Road Nagpur 440016 India. The company can be reached via phone at 91 71 0423 7276.
4. What is Jayaswal Neco Industries Limited's official website?
The official website of Jayaswal Neco Industries Limited is https://www.necoindia.com.