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JAIBALAJIJai Balaji Industries Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, manganese, ductile iron pipes, and alloy carbon and mild steel billets and rounds. It also offers steel bars/rods, ferro alloys, MS ingots, and coke/coke fines/nut coke, and sinter, as well as generates power. The company offers its TMT bars under the Balaji Shakti brand name. It also exports its products. The company was incorporated in 1999 and is based in Kolkata, India.

65.07
3.64%
35Weak

Mkt Cap
₹5,912 Cr
P/E
45.8
P/B
2.7
Div Yield
0.00%
52W High
₹108.00
52W Low
₹53.65

Price & Volume

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Key Ratios

Market Cap (₹ cr)5,911.70
P/E45.82
P/B2.67
PEG
ROE %5.93
ROCE %8.40
Debt / Equity0.18
EPS1.42
Revenue Growth %9.80
Profit Growth %-71.50
Dividend Yield %0.00
Promoter Holding %79.56
FII Holding %1.54
DII Holding %
Beta0.35

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on JAIBALAJI — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 75%

Why avoid

  • Overall evidence is weak (AlgoScore 35/100)
  • Profit growth: -71.5% YoY
  • ROE: 5.9%
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Debt/Equity: 0.18
  • Promoter holding: 79.6%
  • Supertrend: bullish
  • 6-month vs NIFTY: +7.8% relative

Bear case

  • Profit growth: -71.5% YoY
  • ROE: 5.9%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Profit growth: -71.5% YoY
  • ROE: 5.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹65.07
Stop Loss
₹62.48
risk 4%
Target 1 (1.5R)
₹68.96
+6.0%
Target 2 (3R)
₹72.84
+11.9%
Support (20d)
₹63.11
Resistance (52w)
₹108.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.59/share
ATR (volatility)
₹3.12
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹3.12). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental32
Technical32
Momentum39
Risk (safety)41

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