Jai Balaji Industries Limited
Share Price Target & Analysis

NSE:JAIBALAJI

1089.49

VWAP

1099.50

Open

1085.7

Close

1116.70

High

1058.00

Low

1314.00

52 Week High

1064.45
-21.25 (-1.96%)

JAIBALAJI

(METALS)
80.2% Momentum

Trending & Favourite

52.35

52 Week Low

51.0

EPS

28.69

PE

31.47

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: JAIBALAJI Share Price Financial Analysis & Valuation

Jai Balaji Industries Limited (JAIBALAJI) is broadly categorized in METALS segment industry which deals in Steel - Sponge Iron vertical. It is one of Mid Cap company with Market Capitalization of Rs 523.8 (in Cr). Total number of free float shares are 9.6 (in Lacs). Jai Balaji Industries Limited is listed on NSE with Exchange ID - INE091G01018 and trading code is NSE:JAIBALAJI with short name Jai Balaji Ind.

In the past 1 year, Jai Balaji Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of JAIBALAJI at Rs 1064.45, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:JAIBALAJI, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine JAIBALAJI underlying value and future prospects. All of this data is available in JAIBALAJI financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:JAIBALAJI, it is clearly understood that JAIBALAJI is Economical performer in terms of earnings and profit margins with an EPS of 51.0. NSE:JAIBALAJI book value per share as of today is 33.82. The current price to book ratio for JAIBALAJI as of Apr 29, 2024 is 31.47.

Valuation of the Stock: The current valuation of JAIBALAJI stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of JAIBALAJI whether to BUY this stock at current valuation. The delivery percentage of JAIBALAJI is 73.67% is very crucial parameter which shows that 73.67% investors are anticipating that the price of JAIBALAJI share should go up with VWAP at 1089.49.

Now, the main question is whether to BUY or SELL, NSE:JAIBALAJI at current valuation.
As per latest Analysis No. #6853:-

STRONG BUY JAIBALAJI if All Greens

BUY JAIBALAJI (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD JAIBALAJI (With Stop Loss) if only 1 Green

SELL JAIBALAJI if NO Green Indicator

NSE: JAIBALAJI Share Price Today (Apr 29, 2024)

(Jai Balaji Industries Limited Daily Analysis on the basis of JAIBALAJI Intraday Graph & Trend)

Jai Balaji Industries Limited share price moved Down by -1.96% from its previous close of Rs 1085.7. JAIBALAJI stock last traded price is 1064.45. JAIBALAJI share price trend is Down with a total of 106863 stocks traded till now. It has touched an intraday high of Rs 1116.70 and an intraday low of Rs 1058.00. The JAIBALAJI trading at 1064.45, Down by Rs. -21.25, or -1.96 percent which suggests that most of the Traders are anticipating that the price of JAIBALAJI share should go Down.

NSE: JAIBALAJI Share Price Tomorrow Prediction

(Jai Balaji Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of JAIBALAJI)

Jai Balaji Industries Limited share price moved Down by -1.96%. JAIBALAJI share price short term trend is Down. It suggests that JAIBALAJI Share Price for Tomorrow remains the same with VWAP at 1089.49 will be treated as stop loss for intraday traders. Jai Balaji Industries Limited Long term investors can follow the JAIBALAJI long term trend as mentiond in future forecast table.

NSE Code

NSE: JAIBALAJI

JAIBALAJI Share Price Today

1064.45

JAIBALAJI Share Price Target Prediction for 2024 ^

790.1 - 1588

JAIBALAJI Share Price Target Prediction for 2025*^

1588 - 1691.8

JAIBALAJI Share Price Target Prediction for 2026*^

1691.8 - 1810.2

JAIBALAJI Share Price Target Prediction for 2027*^

1901

JAIBALAJI Share Price Target Prediction for 2028*^

1955

JAIBALAJI Share Price Target Prediction for 2030*^

2131
JAIBALAJI Current Book Value 2023
33.7

*Jai Balaji Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^JAIBALAJI share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

JAIBALAJI Technical Analysis

Candlestick Pattern: @1023.65

JAIBALAJI Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 1054.51 SELL 1036.35 SELL
MA_12 983.22 BUY 1013.75 BUY
MA_20 978.86 BUY 1016.92 BUY
MA_32 1077.92 SELL 1023.88 SELL
MA_50 1060.33 SELL 1011.53 BUY
MA_100 962.44 BUY 935.21 BUY
MA_200 627.64 BUY 705.92 BUY

JAIBALAJI Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 978.86 Uptrend
MACD 15.94 BUY
ADX 22.92 NO or Weak Trend
DMI (+/-) 21.85 / 23.08 Downtrend

JAIBALAJI Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 50.17 Neutral
STOCHASTIC_K (Fast) 32.71 Neutral
STOCHASTIC_D (Slow) 67.33 Neutral
CCI 82.25 Neutral
PSAR 908.97 BUY
TRUE RANGE 92.2 Neutral
ATR 62.72 Neutral
WILLIAMS R -27.82 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 59.6 Neutral
MOMENTUM -88.3 SELL

JAIBALAJI Last 1 Year Trend

Duration Value
1 Year 1999.79%
3 Months 11.85%
1 Month -7.94%
1 Week 2.45%

JAIBALAJI Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 33%
SELL 27%

Most popular Questions & Answers about JAIBALAJI


Jai Balaji Industries Limited stock last traded price is 1064.45. JAIBALAJI share price moved Down by -1.96% from its previous close of Rs 1085.7.

Jai Balaji Industries Limited share price trend is Down with a total of 106863 stocks traded till now. It has touched an intraday high of Rs 1596 and an intraday low of Rs 1058.00. The JAIBALAJI trading at 1064.45, Down by Rs. -21.25, or -1.96 percent which suggests that most of the Traders are anticipating that the price of JAIBALAJI share should go Down and the Stop Loss will be around 1089.49.

The market cap of Jai Balaji Industries Limited is ₹523.8 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Jai Balaji Industries Limited as of Apr 28, 2024 is 28.69.

The current price to book ratio for Jai Balaji Industries Limited as of Apr 28, 2024 is 31.47.

The highest price of Jai Balaji Industries Limited stock is ₹1314.00 in the last 52-week.

The lowest price of Jai Balaji Industries Limited stock is ₹52.35 in the last 52-week.

Jai Balaji Industries Limited share trading at ₹1064.45, Down by Rs. -21.25, or -1.96 percent which suggests that most of the traders are anticipating that the price of JAIBALAJI share should go Down.

In 2023, Stock price target for Jai Balaji Industries Limited (JAIBALAJI) are ₹790.1 on downside and ₹1588 on upside. Jai Balaji Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Jai Balaji Industries Limited (JAIBALAJI) are ₹1588 on downside and ₹1691.8 on upside. Jai Balaji Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Jai Balaji Industries Limited (JAIBALAJI) are ₹1691.8 on downside and ₹1810.2 on upside. Jai Balaji Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Jai Balaji Industries Limited (JAIBALAJI) will be around ₹1955 Jai Balaji Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of JAIBALAJI.

As per the fundamental analysis of Jai Balaji Industries Limited (JAIBALAJI), it is of Economical quality in terms of earnings and profit margins with an EPS of 51.0. Jai Balaji Industries Limited book value per share as of today is 33.82. The current price to book ratio for JAIBALAJI as of Apr 29, 2024 is 31.47.


NSE:JAIBALAJI News & Other Useful Information about JAIBALAJI Share Price


Peer Comparison of NSE: JAIBALAJI

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Sponge Iron

Company Price EPS BV
JINDALSTEL 940.00 46.87 397.6
KIOCL 443.70 0.69 32.94
GPIL 873.05 66.21 276.73
TATASTLLP 829.95 0 456.63
SARDAEN 233.80 14.57 88.05
JSWISPL 39.00 0 9.93
GALLISPAT 64.15 5 32.82
MSPL 27.95 0.53 7.32
JAIBALAJI 1064.45 51 33.82
ANKITMETAL 4.35 0 -62.55
Updated at: 29 Apr 2024 16:03

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