Jindal Metal & Energy Share Value: Promote Jindal Metal & Energy, Goal Value Rs 345: Chandan Taparia


Chandan has bought Name On & Energy with a goal value of Rs.345. Jindal Metal & Energy Ltd. , The present market value of Rs.363.4 is Rs. The time-frame given by the analyst is Intra Day when Jindal Metal & . The worth might attain the goal set.

Jindal Metal & Energy Ltd., integrated within the yr 1979, is a Mid Cap firm (having a market cap of Rs 37080.20 Crore) working in Metals – Ferrous sector.

Jindal Metal & Energy Restricted Main merchandise/income segments embody Iron & Metal Objects, Energy, Different Gross sales, Different Working Income, Export Promotion, Scrap for the yr ended 31-March-2021.

monetary state of affairs

For the quarter ended 31-03-2022, the corporate reported consolidated whole revenue of Rs 14341.91 crore, up 14.41% from final quarter whole revenue of Rs 12535.35 crore and 20.48 from Rs 11903.59 crore for the corresponding quarter final yr. % above. Firm has reported Web Revenue after Tax of Rs 2207.18 Crore in newest quarter.

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funding logic
Final seven weeks low and subsequent selloff might be seen with rising OI and volumes.

Promoter/FII Holdings
As on 31-March-2022, promoters held 60.45 per cent stake within the firm, whereas FIIs held 9.7 per cent, DIIs held 17.34 per cent.

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