Sentiment Still Eluding Jindal Steel & Power Limited (NSE:JINDALSTEL)
Feb 01
Have your own idea? Try our Stock Screener
Indian (NIFTY) Market Analysis & Valuation
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies4552
- 7D0.9%
- 3M-6.7%
- 1Y6.8%
- YTD-4.8%
Over the last 7 days, the market has remained flat, although notably the Real Estate sector gained 4.2% in that time. More promisingly, the market is up 6.8% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
Market Valuation and Performance
Has the Indian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | ₹419.1t | ₹163.3t | ₹16.3t | 29.3x | 25.7x | 2.6x |
| Mon, 30 Dec 2024 | ₹440.6t | ₹167.9t | ₹16.4t | 32.4x | 26.9x | 2.6x |
| Wed, 27 Nov 2024 | ₹438.7t | ₹167.5t | ₹16.3t | 31.3x | 26.8x | 2.6x |
| Fri, 25 Oct 2024 | ₹439.7t | ₹164.7t | ₹16.2t | 32.6x | 27.2x | 2.7x |
| Sun, 22 Sep 2024 | ₹468.4t | ₹163.0t | ₹16.0t | 34.3x | 29.3x | 2.9x |
| Tue, 20 Aug 2024 | ₹450.3t | ₹162.7t | ₹16.0t | 32.9x | 28.2x | 2.8x |
| Thu, 18 Jul 2024 | ₹453.3t | ₹160.2t | ₹15.8t | 34.1x | 28.7x | 2.8x |
| Sat, 15 Jun 2024 | ₹432.9t | ₹160.1t | ₹15.8t | 32.3x | 27.4x | 2.7x |
| Mon, 13 May 2024 | ₹393.5t | ₹157.8t | ₹15.3t | 30.9x | 25.6x | 2.5x |
| Wed, 10 Apr 2024 | ₹395.5t | ₹154.9t | ₹14.8t | 31.1x | 26.8x | 2.6x |
| Fri, 08 Mar 2024 | ₹386.8t | ₹154.8t | ₹14.8t | 30.5x | 26.2x | 2.5x |
| Sun, 04 Feb 2024 | ₹378.4t | ₹154.5t | ₹14.7t | 31.9x | 25.7x | 2.4x |
| Tue, 02 Jan 2024 | ₹361.3t | ₹152.3t | ₹14.2t | 29.9x | 25.5x | 2.4x |
| Thu, 30 Nov 2023 | ₹329.8t | ₹152.3t | ₹14.2t | 27.9x | 23.2x | 2.2x |
| Sat, 28 Oct 2023 | ₹302.7t | ₹152.1t | ₹13.5t | 27.5x | 22.4x | 2x |
| Mon, 25 Sep 2023 | ₹319.3t | ₹152.2t | ₹13.4t | 27.4x | 23.8x | 2.1x |
| Wed, 23 Aug 2023 | ₹310.4t | ₹152.2t | ₹13.4t | 26.5x | 23.2x | 2x |
| Fri, 21 Jul 2023 | ₹306.2t | ₹150.6t | ₹12.5t | 26.3x | 24.4x | 2x |
| Sun, 18 Jun 2023 | ₹290.0t | ₹149.9t | ₹12.5t | 25.4x | 23.2x | 1.9x |
| Tue, 16 May 2023 | ₹276.0t | ₹147.5t | ₹12.3t | 22.8x | 22.3x | 1.9x |
| Thu, 13 Apr 2023 | ₹263.1t | ₹144.9t | ₹12.2t | 21.7x | 21.6x | 1.8x |
| Sat, 11 Mar 2023 | ₹260.0t | ₹144.9t | ₹12.1t | 21.4x | 21.4x | 1.8x |
| Mon, 06 Feb 2023 | ₹263.9t | ₹142.8t | ₹12.1t | 22x | 21.9x | 1.8x |
| Wed, 04 Jan 2023 | ₹282.2t | ₹139.3t | ₹11.9t | 23x | 23.7x | 2x |
| Fri, 02 Dec 2022 | ₹288.1t | ₹139.1t | ₹11.9t | 23x | 24.2x | 2.1x |
| Sun, 30 Oct 2022 | ₹270.7t | ₹133.4t | ₹12.0t | 22x | 22.6x | 2x |
| Tue, 27 Sep 2022 | ₹263.3t | ₹131.2t | ₹11.9t | 21.5x | 22.2x | 2x |
| Thu, 25 Aug 2022 | ₹269.3t | ₹130.9t | ₹11.8t | 20.7x | 22.8x | 2.1x |
| Sat, 23 Jul 2022 | ₹254.1t | ₹120.8t | ₹11.4t | 21.6x | 22.4x | 2.1x |
| Mon, 20 Jun 2022 | ₹231.3t | ₹122.1t | ₹11.4t | 19.9x | 20.4x | 1.9x |
| Wed, 18 May 2022 | ₹250.3t | ₹118.1t | ₹11.3t | 20.6x | 22.1x | 2.1x |
| Fri, 15 Apr 2022 | ₹264.2t | ₹106.3t | ₹10.6t | 22.2x | 25x | 2.5x |
| Sun, 13 Mar 2022 | ₹246.7t | ₹108.4t | ₹10.6t | 20x | 23.2x | 2.3x |
| Tue, 08 Feb 2022 | ₹257.8t | ₹105.5t | ₹10.3t | 22.4x | 25x | 2.4x |
Price to Earnings Ratio
25x
Current Market PE
- Investors are relatively neutral on the Indian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 24.4x.
Past Earnings Growth
- The earnings for Indian listed companies have grown 17% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Indian Market?
| IN Market | 0.93% | |
| Real Estate | 4.19% | |
| Financials | 2.45% | |
| Industrials | 1.87% | |
| Consumer Staples | 1.73% | |
| Energy | 1.45% | |
| Consumer Discretionary | 0.91% | |
| Materials | 0.24% | |
| Utilities | 0.12% | |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Telecom | -0.99% | |
| Healthcare | -1.26% | |
| Tech | -1.77% | |
Sector PE
- Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 43.0x.
- Analysts expect its future annual earnings growth (32.2%) to be largely in line with prior year's earnings growth.
- The market's confidence could indicate that the market believes that analysts are underestimating future growth.
- The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 13.0x.
Forecasted Growth
- Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 32% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Financials sector is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank | ₹1.70k | 3.0% +₹374.4b | 17.5% | PB2.6x | Financials | |
| ICICIBANK ICICI Bank | ₹1.25k | 3.6% +₹307.9b | 22.3% | PB3x | Financials | |
| BAJFINANCE Bajaj Finance | ₹7.89k | 6.0% +₹275.9b | 15.1% | PE30.5x | Financials | |
| SBIN State Bank of India | ₹772.90 | 3.9% +₹256.6b | 19.0% | PB1.5x | Financials | |
| RELIANCE Reliance Industries | ₹1.27k | 1.5% +₹238.9b | -13.2% | PE23.2x | Energy |
