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Alternative stocks to Jindal Steel (NSEI:JINDALSTEL)


These are the alternatives to Jindal Steel that fall within the same industry, Steel, or region, India.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

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Jindal Steel stock research in summary

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Jindal Steel shares have a market-typical stock price level. They show above average growth and are safely financed, but are poor value. We recommend evaluating whether the future of the company Jindal Steel is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


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Country India
Industry Steel
Index
Size class X-Large

Large companies - similar industry as Jindal Steel

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Ternium Argentina (XL, AR)  Steel
1. Ternium Argentina (XL, AR)   Steel 35 93 100 100
2. NMDC (XL, IN)  Steel
2. NMDC (XL, IN)   Steel 32 97 91 94
3. Usiminas (XL, BR)  Steel
3. Usiminas (XL, BR)   Steel 82 45 61 86
4. CAP (XL, CL)  Steel
4. CAP (XL, CL)   Steel 90 35 63 84
5. Companhia Siderurgica Nacional (XL, BR)  Steel
5. Companhia Siderurgica Nacional (XL, BR)   Steel 61 80 34 76
6. Vale (XXL, BR)  Steel
6. Vale (XXL, BR)   Steel 74 29 67 68
7. Kumba Iron Ore (XL, ZA)  Steel
7. Kumba Iron Ore (XL, ZA)   Steel 48 29 89 64
8. Steel Authority of India (XXL, IN)  Steel
8. Steel Authority of India (XXL, IN)   Steel 70 73 17 52
9. Metalurgica Gerdau (XXL, BR)  Steel
9. Metalurgica Gerdau (XXL, BR)   Steel 71 7 79 51
10. Gerdau (XXL, BR)  Steel
10. Gerdau (XXL, BR)   Steel 88 1 69 50

April 25, 2024

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It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Jindal Steel

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hero Motocorp (XL, IN)  Motorcycle Manufacturers
1. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 87 92 59 100
2. Gail (XXL, IN)  Gas Utilities
2. Gail (XXL, IN)   Gas Utilities 59 89 73 98
3. SBI Life Insurance (XL, IN)  Life & Health Insurance
3. SBI Life Insurance (XL, IN)   Life & Health Insurance 27 75 87 97
4. HDFC Life Insurance (XL, IN)  Life & Health Insurance
4. HDFC Life Insurance (XL, IN)   Life & Health Insurance 26 69 100 96
5. Canara Bank (XXL, IN)  Diversified Banks
5. Canara Bank (XXL, IN)   Diversified Banks 53 87 77 95
6. Power Finance (XL, IN)  Specialized Finance
6. Power Finance (XL, IN)   Specialized Finance 55 97 43 94
7. NMDC (XL, IN)  Steel
7. NMDC (XL, IN)   Steel 32 97 91 94
8. ICICI Prudential Life Insurance (XL, IN)  Life & Health Insurance
8. ICICI Prudential Life Insurance (XL, IN)   Life & Health Insurance 20 71 100 92
9. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
9. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 45 63 85 91
10. HCL (XL, IN)  IT Consulting & oth. Services
10. HCL (XL, IN)   IT Consulting & oth. Services 60 81 59 89

April 25, 2024


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Mid sized companies - similar industry as Jindal Steel

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Merafe (M, ZA)  Steel
1. Merafe (M, ZA)   Steel 96 69 100 100
2. African Rainbow Minerals (L, ZA)  Diversified Metals & Mining
2. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 80 51 93 98
3. Alphamin Resources (M, MU)  Diversified Metals & Mining
3. Alphamin Resources (M, MU)   Diversified Metals & Mining 46 85 50 84
4. Aluar Aluminio Argentino (L, AR)  Aluminum
4. Aluar Aluminio Argentino (L, AR)   Aluminum 7 100 71 83
5. DRDGOLD (M, ZA)  Gold Production
5. DRDGOLD (M, ZA)   Gold Production 36 47 99 82
6. Harmony (L, ZA)  Gold Production
6. Harmony (L, ZA)   Gold Production 40 93 49 80
7. Northam Platinum (L, ZA)  Precious Metals & Minerals
7. Northam Platinum (L, ZA)   Precious Metals & Minerals 54 36 58 43
8. Hochschild Mining (L, PE)  Gold Production
8. Hochschild Mining (L, PE)   Gold Production 46 78 16 34
9. ArcelorMittal South Africa (L, ZA)  Steel
9. ArcelorMittal South Africa (L, ZA)   Steel 82 14 30 28
10. Royal Bafokeng Platinum (L, ZA)  Precious Metals & Minerals
10. Royal Bafokeng Platinum (L, ZA)   Precious Metals & Minerals 23 26 94 27

April 25, 2024


Mid sized companies - similar region as Jindal Steel

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kansai Nerolac Paints (L, IN)  Commodity Chemicals
1. Kansai Nerolac Paints (L, IN)   Commodity Chemicals 75 75 62 98
2. Tata Elxsi (M, IN)  Systems Software
2. Tata Elxsi (M, IN)   Systems Software 10 70 71 98
3. Ajanta Pharma (M, IN)  Pharmaceuticals
3. Ajanta Pharma (M, IN)   Pharmaceuticals 43 85 86 98
4. Escorts (L, IN)  Agricultural Machinery
4. Escorts (L, IN)   Agricultural Machinery 32 95 98 96
5. Sun TV Network (M, IN)  Broadcasting
5. Sun TV Network (M, IN)   Broadcasting 51 68 98 96
6. Indiabulls Housing Finance (L, IN)  Thrifts & Mortgage Finance
6. Indiabulls Housing Finance (L, IN)   Thrifts & Mortgage Finance 71 41 99 93
7. Emami (M, IN)  Personal Products
7. Emami (M, IN)   Personal Products 71 75 52 92
8. CESC (L, IN)  Electric Utilities
8. CESC (L, IN)   Electric Utilities 53 95 63 92
9. Cholamandalam Financial Holdings (L, IN)  Consumer Finance
9. Cholamandalam Financial Holdings (L, IN)   Consumer Finance 37 100 61 92
10. Gujarat State Petronet (L, IN)  Gas Utilities
10. Gujarat State Petronet (L, IN)   Gas Utilities 47 81 89 90

April 25, 2024



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