Jai Balaji Industries Ltd

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JAIBALAJI •
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Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
35.90% Fall from 52W High
-16
TTM PE Ratio
Below industry Median
17.5
Price to Book Ratio
High in industry
10.2
Dividend yield 1yr %
0
TTM PEG Ratio
0
RSI
RSI is mid-range
35.9
MFI
MFI is mid-range
41.8

Jai Balaji Industries Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Jai Balaji Industries Ltd shareholding Pattern

Mutual Funds
0.1%
Mutual Funds
0.1%
Promoter
60.8%
Foreign Institutions
3%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.1%
Promoter
60%
Foreign Institutions
2.6%
Public
37.4%
Promoter
60%
Foreign Institutions
0.7%
Public
39.3%
Promoter
58.7%
Foreign Institutions
0.1%
Public
41.1%
Promoter
55.9%
Public
44.1%
Promoter
55.9%
Public
44.1%

Jai Balaji Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
1
Bearish Moving Averages
15
5Day EMA
863.60
10Day EMA
879.10
12Day EMA
882.50
20Day EMA
890.70
26Day EMA
895.50
50Day EMA
914.50
100Day EMA
914.90
200Day EMA
807.70
5Day SMA
863.60
10Day SMA
892.60
20Day SMA
893.80
30Day SMA
893.20
50Day SMA
907.00
100Day SMA
986.10
150Day SMA
954.40
200Day SMA
856.00
Delivery & Volume
Resistance & Support
847.73
Pivot
Resistance
First Resistance
860.47
Second Resistance
878.63
Third Resistance
891.37
Support
First Support
829.57
Second support
816.83
Third Support
798.67
Relative Strength Index
35.92
Money Flow Index
41.83
MACD
-13
MACD Signal
-6.90
Average True Range
35.28
Average Directional Index
15.53
Rate of Change (21)
-8.58
Rate of Change (125)
-10.48
Peer comparison
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Company
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Market Cap
52W Low
52W High
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11535.34
54.27
208
Godawari Power & Ispat Ltd.
15665.62
528.4
1222.95
Sarda Energy & Minerals Ltd.
10060.49
156.51
292.9
Kirloskar Ferrous Industries Ltd.
-
-
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Shyam Metalics and Energy Ltd.
19384.31
362.2
772.3
NMDC Steel Ltd.
17255.41
39.17
73.67

Jai Balaji Industries Ltd Company background

Founded in: 1999
Managing director: Aditya Jajodia
Jai Balaji Industries Ltd, the flagship company of Jai Balaji Group is one of the largest steel producers in the private sector in Eastern India. The company is an integrated steel manufacturer. Their products includes sponge iron, pig iron, reinforcement steel TMT bars, alloy and mild steel ingots wire rod and carbon, alloy mild steel heavy rounds. They are having five manufacturing facilities located at Durgapur and Raniganj in West Bengal and Durg in Chhattisgarh.The company also manufactures Thermex TMT Bars, under the brand name Balaji Shakti, which is a respected name among civil contractors and real estate developers for quality steel. In addition, they have supplied steel to various projects of National importance undertaken by National HydroElectric Power Corporation Ltd., National Highway Authorities of India, etc.Jai Balaji Industries Ltd was incorporated in the year 1999 as Jai Balaji Sponge Ltd. The company set up their first Mini DRI Plant in West Bengal. In the year 2000, they established their first sponge iron plant with the initial capacity of 50 tonnes per day. In October 2003, the company made an initial public offer of onecrore equity shares having face value of Rs 10 each. In September 2005, the company commissioned a power plant with installed capacity of 12 MW per annum and a ferro alloy plant with installed capacity of 30,000 MT per annum at Ranigunj in West Bengal. During the year 200607, the company increased the capacity of steel bars/rods by 180,000 tonne per annum and billet/MS ingots by 58,806 tonne per annum. In addition, they commissioned a 40 MW captive power plant during the year. Shri Ramrupai Balaji Steels Ltd amalgamated with the company with effect from April 1, 2006, which had a sponge iron plant with the capacity 120,000 tonne per annum, blast furnace with the capacity 80,500 tonne per annum, steel bars/rods with the capacity 80,000 tonne per annum and billet/MS ingots with the capacity 176,418 tonne per annum.In March 2007, the company commissioned the blast furnace with the installed capacity of 28,750 MT per annum to produce pig iron. They changed the name of the company from Jai Balaji Sponge Ltd to Jai Balaji Industries Ltd with effect from June 22, 2007.During the year 200708, the company acquired the steel division of HEG Ltd in Chhattisgarh having a sponge iron plant with the capacity of 120,000 MT per annum, steelmelting shop with the capacity of 100,000 MT per annum and a 12.8 MW captive power plant. In October 2007, the company acquired 100% shareholding of Nilachal Iron Power Ltd in Jharkhand having a sponge iron plant with the capacity of 100,000 MT per annum. The company signed a Memorandum of Agreement with the Government of West Bengal for setting up an integrated steel plant of 5 million tonnes per annum capacity, a cement plant of 3 million tonnes per annum capacity and a captive power plant of 1,215 MW capacity in Purulia, West Bengal at a total investment of Rs 16,000 crore.During the year 200809, the company entered into a joint venture agreement with JSW Steel Ltd and Bhushan Power Steel Ltd and formed a company namely Rohne Coal Company Pvt Ltd to acquire 6.90% stake in a coal block. In June 2, 2008, the company listed their equity shares on Bombay Stock Exchange Ltd.In August 2008, the company signed an MoU with the Government of Chhattisgarh for setting up an integrated steel plant in Chhattisgarh and in September 2008, they signed another MoU with Government of Chhattisgarh and Chhattisgarh State Electricity Board for setting up a 600 MW thermal power project in Chhattisgarh.In September 15, 2008, the sinter plant at Durgapur with the installed capacity of 6.08 lakh MTPA commenced its production and in March 18, 2008, the electric arc furnace plant at Durgapur with the installed capacity of 4.33 lakh MTPA commenced its production. The company commissioned ferro alloy plant with a capacity of 0.25 lakh MTPA and started trial production with effect June 02, 2009.The Ferro Alloy plant at Durgapur with a capacity of 0.25 lacs MTPA commenced commercial production w.e.f. 17th August, 2009. The Ductile Iron Pipe Plant at Durgapur with a capacity of 2.40 lacs MTPA had commenced commercial production with effect from November 3, 2010. The Company had three wholly owned subsidiaries namely, Nilachal Iron Power Limited, Jai Balaji Steels (Purulia) Limited Jai Balaji Energy (Purulia) Limited. Both Jai Balaji Steels (Purulia) Limited Jai Balaji Energy (Purulia) Limited were incorporated on 1st November, 2010. The DRI Plant of 60000 MT coal washery in subsidiary company M/s Nilachal Iron Power Limited was commissioned in 2012. The project for expansion of 350000 MTPA Coke Oven Plant along with Waste Heat Recovery Boiler of 80 TPH got completed in 201213.
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Jai Balaji Industries Ltd FAQs

The past 1-year return of Jai Balaji Industries Ltd [JAIBALAJI] share was 774.03. The Jai Balaji Industries Ltd [JAIBALAJI] share hit a 1-year low of Rs. 93.1 and a 1-year high of Rs. 1307.

The Mutual Fund Shareholding was 0.08% at the end of .

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