Jindal Stailness steel Analyasis on 17 Jun 24

Jindal Stailness steel Analyasis on 17 Jun 24
Good fundamentaly strong stock
ROCE is 19.9 & ROE is 22.7
stock is all time high
add some quantity now buy on dip till 770 to 800
Keep stoploss 670 (on closing basis)
Target 830 - 860 - 900 - 950 - 1000 - 1080
(all target are based on fibonacci level)

Comentário:

PROMOTER HOLDING 82.85%
FII HOLDING 5.01% (FII INCREASE HOLDING FROM 4.57 TO 5.01 FROM LAST QUARTER)
ROCE IS MORE THAN 28.08
ROE IS MORE THAN 21.07
STOCK PE 21.59 LESS THAN INDUSTRY PE 33.20