Jindal Steel (NSE:JINDALSTEL) 6-Month Share Buyback Ratio : 0.00% (As of Mar. 2025 )

View and export this data going back to 1999. Start your Free Trial

What is Jindal Steel 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Jindal Steel's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Jindal Steel's 6-Month Share Buyback Ratio

For the Steel subindustry, Jindal Steel's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jindal Steel's 6-Month Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Steel's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Steel's 6-Month Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Jindal Steel 6-Month Share Buyback Ratio Calculation

Jindal Steel's 6-Month Share Buyback Ratio for the quarter that ended in Mar. 2025 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Sep. 2024 )	-	Shares Outstanding (EOP) (Mar. 2025 ))	/	Shares Outstanding (EOP) (Sep. 2024 )
	=	(1011.779	-	1011.779)	/	1011.779
	=	0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jindal Steel (NSE:JINDALSTEL) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Jindal Steel 6-Month Share Buyback Ratio Related Terms

Jindal Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jindal Steel Ltd (NSE:JINDALSTEL) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

532286:India

Address

Bhikaiji Cama Place, Jindal Centre 12, New Delhi, IND, 110066

Website

https://www.jindalsteelpower.com

Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors with its presence in various countries. The iron and steel is the company's key revenue generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.

Jindal Steel Headlines

No Headlines