Jindal Stainless (Hisar) Limited Share Price and Company Fundamentals



Price
₹207
Change
4.800 (2.374%)
52 week
189.0 - 431.95

Last traded: Today at 9:53 AM

Jindal Stainless (Hisar) Limited manufactures stainless steel products. It produces stainless steel strips for razor blades; and coin blanks, serving the needs of Indian and international mints. The company's product range includes slabs and blooms, hot rolled coils, cold rolled coils, plates, blade steel, coin blanks, and precision strips. It also offers customized stainless-steel products, inventory management, warehousing, material testing, engineering work, and fabrication of quality material services. Its products are used in various applications, such as architecture, building, and construction; automotive and transportation; railway; consumer durables; process industry; nuclear; and plumbing. Jindal Stainless (Hisar) Limited was founded in 1975 and is based in New Delhi, India.

Key Metrics

PE ratio

2.44

PB ratio

0.97

Dividend yield

0.00%

Beta

1.51

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSteel / Basic Materials
Websitehttps://www.jshlstainless.com
Mailing addressJindal Centre 12, Bhikaji Cama Place New Delhi 110066 India
Phone / Fax91 11 2618 8345 / 91 11 4165 9169

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Jindal Stainless (Hisar) 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.JSLHISAR 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.

JSLHISAR'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 Jindal Stainless (Hisar) Limited.

NameTitleAgeTotal Pay
Mr. Abhyuday JindalMD & Director3299.39M
Mr. Ramnik GuptaChief Financial Officer
Mr. Bhartendu HaritCompany Sec. & Compliance Officer
Mr. Jagmohan SoodWhole Time Director5418.69M
Mr. Ajay GoyalAssistant VP of Fin. & Accounts

Profitability and management effectiveness

Profit margin

12.94%

Operating margin

13.34%

Return on assets

14.80%

Return on equity

49.06%

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 Jindal Stainless (Hisar) Limited is and its enterprise value is .

The JSLHISAR's stocks Beta value is 1.51 making it 51% 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.

Jindal Stainless (Hisar) Limited (NSE:JSLHISAR) Frequently Asked Questions

1. What is Jindal Stainless (Hisar) Limited's Stock Symbol?

Jindal Stainless (Hisar) Limited trades on NSE under the ticker symbol "JSLHISAR".

2. What is Jindal Stainless (Hisar) Limited's stock price today?

One share of JSLHISAR stock can currently be purchased for approximately ₹207.

3. How can I contact Jindal Stainless (Hisar) Limited?

Jindal Stainless (Hisar) Limited's mailing address is Jindal Centre 12, Bhikaji Cama Place New Delhi 110066 India. The company can be reached via phone at 91 11 2618 8345.

4. What is Jindal Stainless (Hisar) Limited's official website?

The official website of Jindal Stainless (Hisar) Limited is https://www.jshlstainless.com.