Jindal Stainless Hisar share price emerged as one of the top performing shares among all the shares of Dynamic Levels’ top 500 stocks list.
The share price opened at Rs 101.80 a tad bit over Friday’s closing of Rs 101.55. At 1.00 PM Jindal Stainless Hisar share price was seen trading at Rs 107.10, up by 5.47 per cent or 5.55 points.
Jindal Stainless, part of the OP Jindal Group, has had robust quarterly profits during 2016 but says rising import and higher raw material cost, especially of nickel and copper, would put pressure on industry margins. The Company’s crude steel capacity is 1.8 million tonnes per annum (mtpa), with annual turnover of Rs 14,500 crore. The Hisar factory is one of the biggest for stainless steel in the county, with a fourth of the 3.2 mtpa national capacity.
Key Ratios of Jindal Stainless Hisar
| Name | Ratio | Good or Not Good |
| Current Ratio (x) | 0.88 | > 2 is Good, < 2 is Not Good |
| Quick Ratio (x) | 0.46 | > 1 is Good, < 1 is Not Good |
| Dividend Yield (%) | 0 | > 1.5 is Good, < 1.5 is Not Good |
| Interest Coverage Ratio (x) | 1.79 | > 2 is Good, < 2 is Not Good (For Banks & NBFC this is not Valid) |
| Debt Equity Ratio (x) | 3.48 | < 2 is Good, > 2 is Not Good (For Banks & NBFC this is not Valid) |
| Return On Asset (%) | 1.38 | > 5% is Good, < 5% is Not Good |
| Return On Equity (%) | 4.43 | > 18% is Good, < 18% is Not Good |
Jindal Stainless Hisar is identified as one of the top 500 shares by the research and analysis team of Dynamic Levels out of all the 1700 plus stocks listed on NSE. Get the historical share price performance of the share at Jindal Stainless Hisar share price history.
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