We use cookies to see how investors use El Fondo and make its tools, data and markets better for you. You can accept or reject; essential cookies always stay on. Privacy Policy
Trades about 48% below its sector, cheaper than its peers on earnings.
Jayaswal Neco Industries Limited, founded in 1902 and headquartered in Nagpur, India, is a long-standing producer and distributor of steel goods, alongside iron and steel castings. The company conducts its operations through dedicated Steel, Iron and Steel Castings, and Other divisions, serving both Indian and international clients. Its extensive product range within the steel sector includes primary materials such as pig iron, sponge iron, billets, and pellets, as well as a variety of rolled products. The firm also manufactures specialized steels like carbon, alloy, spring, leaf, free-cutting, cold heading quality, and ball bearing steels, in addition to stabilizer bars and coils. Beyond manufacturing, the company holds interests in mining activities. Jayaswal Neco's casting expertise extends to construction-related items, including cast iron pipes, fittings, and both cast iron and ductile iron manhole covers, which are vital for soil, waste, ventilation, and rainwater drainage systems in buildings. It also supplies a broad array of castings for automotive and general engineering applications. Complementing its manufacturing, the company engages in the trading of commodities such as coal, coke, and PVC pipes. The company's diverse customer base encompasses a wide range of sectors, including automotive, power generation, railways, bearing manufacturers, structural and fastener producers, heavy engineering, refineries, power and chemical plants, material handling equipment suppliers, crane manufacturers, and sugar crushing mills, among various other industries.
Loading the full price history…
Run your own numbersPast performance is not a forecast.
Save JAYNECOIND.NS and get told when something moves.
Get updates
A clear, direct weekly summary.
Learn the fundamentals behind this asset.
A stock is a fraction of ownership in a real company. Buy one share and you own a piece (usually a tiny piece) of every desk, factory, contract and brand the company runs. The price moves because the market keeps revising what that whole pie is worth.
The price-to-earnings ratio is how much investors are paying for one dollar of a company's profit. A multiple, never an absolute. Always compared to something: a sector, a region, the company's own past.
Dividend yield is the annual income a stock or ETF pays out, expressed as a percentage of what you paid for it. It is the visible part of total return: the cash that lands in your account every quarter, and the lever most retail investors actually feel.
Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.