Long in Jaibalaji1.Good DNA(12-18%)
2.Uptrend, good green candles
3. Good volumes on Green candles
4. Formed contraction with volume reduction
Compared to peers it's lagging than shyam metallics
Metal sector showing uptrend and breakout
JAIBALAJI trade ideas
JAI BALAJI SWING TRADE 50% RETURNswing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
Jai Balaji- New Necklace Pattern StoryIn this Knowledge Nugget I have explained our trade in Jai Balaji which has grown by 100% in last 3 months!
Jai Balaji Industries LtdThe Co has a diverse portfolio of value-added products including DRI (Sponge iron), Pig iron, Ferro Alloys, Alloy and Mild Steel Billets, Reinforcement Steel TMT Bars, Wire Rods, Ductile Iron Pipes, and Alloy and Mild Steel Heavy Rounds.
Breakout with good Volume - Targets mentioned in the chart keep SL @ 75
Market Cap
₹ 1,286 Cr.
Current Price
₹ 85.4
Stock P/E
22.2
Book Value
₹ 38.2
Dividend Yield
0.00 %
ROCE
13.3 %
ROE
%
Face Value
₹ 10.0
Promoter holding
58.7 %
EPS last year
₹ 3.98
EPS latest quarter
₹ -0.90
Debt
₹ 860 Cr.
Pledged percentage
57.3 %
Net CF
₹ 11.3 Cr.
Price to Cash Flow
4.01
Free Cash Flow
₹ 229 Cr.
Debt to equity
1.55
OPM last year
4.18 %
OPM 5Year
3.18 %
Reserves
₹ 411 Cr.
Price to book value
2.23
Int Coverage
2.18
PEG Ratio
1.25
