Jai Balaji Industries Ltd Share Price (JAIBALAJI)
₹998.15
Jai Balaji Industries Ltd share Performance
- ₹974.45₹1011.1₹998.15
2.37%
Low
Day's Volatility:3.67%
High
1.30%
- ₹48.15₹1314₹998.15
95.18%
Low
52 Weeks Volatility:126.82%
High
31.64%
| Returns % | |
| 1 Month Return | 7.49 % |
| 3 Month Return | 1.34 % |
| 1 Year Return | 1935.12 % |
| Market Stats | |
| Previous Close | ₹1,025.70 |
| Open | ₹980.05 |
| Volume | 1.09L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,458.18Cr |
Company Information
Share Price: ₹998.15 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹16,458.18Cr as of today
Revenue: ₹1,538.99Cr as on December 2023 (Q4 23)
Net Profit: ₹234.60Cr as on December 2023 (Q4 23)
Listing date: 10 Dec, 2003
Chairperson Name: Aditya Jajodia
| Organisation | Jai Balaji Industries Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Jai Balaji Industries Ltd
Jai Balaji Industries Q3FY24 Net Profit Increases by 739% - 11 Apr, 2024
Jai Balaji Industries' Q3FY24 net profit increased by 739% to Rs 235 crore, while revenue increased slightly from Rs 1,537 crore to Rs 1,539 crore.
Jai Balaji Industries in Bear Grip Despite Turnaround Potential - 26 Mar, 2024
Jai Balaji Industries' stock has fallen 30% from its recent high amid a selloff in midcap and smallcap shares. However, Axis Securities sees it as a turnaround story with plans to enhance DI Pipes and Ferroalloys capacity by FY25. The company aims to be net debt-free within 18 months and achieve a top line of Rs 10,000 crore by FY26. YES Securities notes the management's strong stance against raising debt and focus on internal accruals.
Jai Balaji Industries Ltd's P/E Ratio Lower Than Industry Average - 25 Mar, 2024
Jai Balaji Industries Ltd has a lower P/E ratio than the majority of other companies in India. Shareholders may not be satisfied with unstable medium-term growth rates, and potential for improvement in earnings is not great enough to justify higher P/E ratio.
Fundamentals of Jai Balaji Industries Ltd
Insights on Jai Balaji Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, -13.08 Cr → 234.6 Cr (in ₹), with an average increase of 45.7% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 year, JAIBALAJI stock has moved up by 1935.1%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, JAIBALAJI has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 2.57% to 3.29% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, JAIBALAJI has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 60.02% to 60.80% in Mar 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 37.41% to 35.90% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.57K Cr → 1.56K Cr (in ₹), with an average decrease of 0.8% per quarter
Jai Balaji Industries Ltd Valuation
Jai Balaji Industries Ltd in the last 5 years
Lowest (-8.38x)
May 3, 2021
Industry (24.80x)
April 18, 2024
Today (27.26x)
April 18, 2024
Highest (34.09x)
February 29, 2024
Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Nifty Smallcap 250 Index Fund Dir Gr | 0.37% |
 SBI Nifty Smallcap 250 Index Fund Direct Growth | 0.37% |
 Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth | 0.37% |
 ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | 0.37% |
 HDFC Nifty Smallcap 250 Index Fund Direct Growth | 0.37% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.8% | 0.00 | |
| Foreign Institutions | 3.29% | 0.00 | |
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 35.9% | 0.00 | |
| Others | 0% | 0.00 |
Technicals of Jai Balaji Industries Ltd share
News & Events of Jai Balaji Industries Ltd
Frequently Asked Questions
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Jai Balaji Industries Ltd (JAIBALAJI) share price today is ₹998.15
Jai Balaji Industries Ltd is listed on NSE
Jai Balaji Industries Ltd is listed on BSE
- Today’s highest price of Jai Balaji Industries Ltd is ₹1011.1.
- Today’s lowest price of Jai Balaji Industries Ltd is ₹974.45.
PE Ratio of Jai Balaji Industries Ltd is 27.26
PE ratio = Jai Balaji Industries Ltd Market price per share / Jai Balaji Industries Ltd Earnings per share
Today’s traded volume of Jai Balaji Industries Ltd(JAIBALAJI) is 1.09L.
Today’s market capitalisation of Jai Balaji Industries Ltd(JAIBALAJI) is ₹16458.18Cr.
| Jai Balaji Industries Ltd(JAIBALAJI | Price |
|---|---|
52 Week High | ₹1314 |
52 Week Low | ₹48.15 |
Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹998.15. It is down -24.04% from its 52 Week High price of ₹1314
Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹998.15. It is up 1973.00% from its 52 Week Low price of ₹48.15
| Jai Balaji Industries Ltd(JAIBALAJI | Returns |
|---|---|
1 Day Returns | -27.55% |
1 Month Returns | 7.49% |
3 Month Returns | 1.34% |
1 Year Returns | 1935.12% |