Stock market update Stocks that hit 52-week highs on NSE in todays trade - Economic Times

JINDRILL   789.10  28.55  3.75%   
About 55% of Jindal Drilling's institutional investors are presently thinking to get in. The analysis of overall sentiment of trading Jindal Drilling And stock suggests that some investors are interested at this time. Jindal Drilling's investing sentiment shows overall attitude of investors towards Jindal Drilling And.
Jindal Drilling stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Jindal daily returns and investor perception about the current price of Jindal Drilling And as well as its diversification or hedging effects on your existing portfolios.
  
Stock market update Stocks that hit 52-week highs on NSE in todays trade Economic Times

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Jindal Drilling Fundamental Analysis

We analyze Jindal Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jindal Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jindal Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Return On Asset

Return On Asset Comparative Analysis

Jindal Drilling is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Jindal Drilling And Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jindal Drilling stock to make a market-neutral strategy. Peer analysis of Jindal Drilling could also be used in its relative valuation, which is a method of valuing Jindal Drilling by comparing valuation metrics with similar companies.

Peers

Jindal Drilling Related Equities

KREBSBIOKrebs Biochemicals   19.99   
0%
100.0%
INDOBORAXIndo Borax   3.58   
0%
17.0%
INDIAGLYCOIndia Glycols   3.53   
0%
17.0%
FINOPBFino Payments   3.27   
0%
16.0%
MANGCHEFERMangalore Chemicals   2.91   
0%
14.0%
KNRCONKNR Constructions   2.08   
0%
10.0%
ALKALIAlkali Metals   0.1   
0%
1.0%
MAHLOGMahindra Logistics   0.21   
1.0%
0%
BFINVESTBF Investment   1.15   
5.0%
0%
KINGFAKingfa Science   1.50   
7.0%
0%

Other Information on Investing in Jindal Stock

Jindal Drilling financial ratios help investors to determine whether Jindal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jindal with respect to the benefits of owning Jindal Drilling security.