A double requalification allows JINDAL STEEL & POWER to improve to Slightly Positive
JINDAL STEEL & POWER (IN), a company active in the Steel industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date October 1, 2021, the closing price was INR 401.70 and its potential was estimated at INR 471.03.Jindal Steel & Power is engaged in the manufacture of rails, parallel flange beams and columns, plates and coils, angles and columns, rebars, wire rods, fabricated secions, speedfloor, semi-finished products, power, minerals and sponge iron.
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