# JINDALSAW (JINDALSAW) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/jindalsaw

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹288.95
- Change: -0.77%
- As of: 2026-09-18
- 1D return: -0.58%
- 5D return: -8.82%
- 1M return: +7.32%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, JINDALSAW is trading at ₹289.5, showing a mixed technical stance across different timeframes. Daily indicators suggest a weakening trend, with the price below key moving averages like the 20-day EMA (₹295.85) and 20-day SMA (₹301.79), and the Supertrend indicator in a bearish signal. This contrasts with the weekly and monthly timeframes, which exhibit bullish trends, with prices above their respective moving averages and Supertrend indicators indicating an uptrend. Recent patterns include an active Bearish Engulfing Reversal on the weekly chart and an Inside Bar on the daily chart as of September 18, 2026. The stock is currently trading near its nearest support level of ₹289.17, which is approximately 0.12% below the current price, while the nearest resistance is at ₹296.83, about 2.53% higher. The stock's risk profile includes an annualized volatility of 48% and a current drawdown of -9%.

Key watch conditions include monitoring the price action around the ₹289.17 support level. A break below this could signal further downside. Conversely, a sustained move above the nearest resistance at ₹296.83, especially with increasing volume, could indicate a strengthening of the bullish sentiment observed in longer timeframes. The presence of conflicting signals between daily and longer-term charts suggests a period of potential consolidation or transition.

- Current price on September 18, 2026: ₹289.5.
- Nearest support level identified at ₹289.17.
- Nearest resistance level identified at ₹296.83.
- Active Bearish Engulfing Reversal pattern on the weekly chart.
- Active Inside Bar pattern on the daily chart.

- Bearish Engulfing Reversal
- Inside Bar
- Doji
- Outside Bar
- Bullish Engulfing Reversal
- Morning Star
- Harami

### What Changed

On September 18, 2026, Jindal Saw's stock closed at ₹289.5, a slight decrease from its previous closing price of ₹291.2. The company was mentioned in a "Trade Spotlight" article on the same date, which discussed potential trading strategies for several stocks, including Jindal Saw. No new filings were reported on this date. The company's profile on the NSE remains unchanged.

- Jindal Saw's stock closed at ₹289.5 on September 18, 2026, down from ₹291.2 previously.
- The company was featured in a "Trade Spotlight" article on September 18, 2026.
- No new corporate filings were reported for Jindal Saw on September 18, 2026.
- Jindal Saw is listed on the NSE.

- Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?

### Official Filings

Jindal Saw Limited has provided updates regarding its financial obligations and investor engagement. On August 25, 2026, the company disclosed its Security Cover Certificate for Non-Convertible Debentures (NCDs) with ISIN INE324A07179. As of June 30, 2026, the security cover was reported at 16.52 times the book/market value, a slight decrease from the previous quarter. This was attributed to an increase in accrued interest. The company confirmed compliance with all financial covenants for the quarter, with outstanding NCDs and interest amounting to ₹51,129.45 lakhs against required asset cover of ₹63,911.82 lakhs. Separately, on August 24, 2026, the company announced September 11, 2026, as the record date for an interest payment on these privately placed NCDs, with the payment scheduled for September 26, 2026. The company also held several investor meetings in late July and late August 2026, including discussions with Mirae Mutual Fund, ICICI Prudential MF, WFM Asia Hong Kong Fund, UTI Mutual Fund, and Guardian Capital Partners, focusing on publicly available information.

- On August 25, 2026, Jindal Saw Ltd. reported a security cover of 16.52 times for its secured NCDs as of June 30, 2026, with total outstanding NCDs and interest at ₹51,129.45 lakhs and required asset cover at ₹63,911.82 lakhs.
- The company confirmed compliance with all financial covenants for the June 2026 quarter.
- September 11, 2026, was set as the record date for interest payment on privately placed NCDs (ISIN: INE324A07179), with payment due September 26, 2026.
- Jindal Saw Ltd. conducted multiple virtual investor meetings between July 21, 2026, and August 27, 2026, with various mutual funds and investment partners.

- Axis Trustee Services Limited has informed the exchange for Jindal Saw Limited regarding Security Cover Certificate of ISIN INE324A07179 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate
- Record Date Updates |SUBJECT: Record Date Updates
- Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

Jindal Saw's reported revenue from operations showed a sequential decline, moving from ₹4,943.41 crore in Q3 FY2025-26 to ₹4,452.31 crore in Q1 FY2026-27. This revenue trend was accompanied by a decrease in profitability. Profit Before Exceptional Items and Tax fell from ₹344.52 crore in Q3 FY2025-26 to ₹148.24 crore in Q1 FY2026-27. Similarly, Profit Loss For Period decreased from ₹247.62 crore in Q3 FY2025-26 to ₹90.79 crore in Q1 FY2026-27. Finance costs also fluctuated, increasing from ₹132.81 crore in Q3 FY2025-26 to ₹162.70 crore in Q4 FY2025-26, before declining to ₹108.43 crore in Q1 FY2026-27. Tax expense followed a similar pattern, decreasing from ₹99.57 crore in Q3 FY2025-26 to ₹47.97 crore in Q4 FY2025-26, then rising to ₹52.08 crore in Q1 FY2026-27.

Investors may want to monitor the company's ability to reverse the recent revenue decline and improve profitability. The trend in finance costs and tax expenses will also be important factors to observe in future reporting periods.

- Revenue From Operations decreased sequentially from ₹4,943.41 crore in Q3 FY2025-26 to ₹4,452.31 crore in Q1 FY2026-27.
- Profit Loss For Period declined from ₹247.62 crore in Q3 FY2025-26 to ₹90.79 crore in Q1 FY2026-27.
- Profit Before Exceptional Items And Tax fell from ₹344.52 crore in Q3 FY2025-26 to ₹148.24 crore in Q1 FY2026-27.
- Finance Costs were ₹132.81 crore in Q3 FY2025-26, ₹162.70 crore in Q4 FY2025-26, and ₹108.43 crore in Q1 FY2026-27.
- Tax Expense was ₹99.57 crore in Q3 FY2025-26, ₹47.97 crore in Q4 FY2025-26, and ₹52.08 crore in Q1 FY2026-27.

### Bull Case

Jindal Saw's technical indicators show strength across multiple timeframes. The monthly trend is bullish, supported by a Super Trend indicator above the closing price and a positive difference between the plus DI and minus DI (21.71 vs 8.78). This suggests a longer-term upward momentum. On a weekly basis, the trend is also bullish, with the Super Trend indicator at 241.36, indicating a sustained upward move. The weekly ADX of 40.14 suggests strong trend strength. While the daily trend is currently showing a bearish Super Trend direction, the price of ₹289.5 is above the 50-day Simple Moving Average (SMA) of ₹279.52, which has a positive slope of 2.97 over 5 days, indicating recent upward price action. The stock has also delivered a year-to-date return of 0.73 and a 6-month return of 0.46, reflecting positive performance over these periods.

- The monthly trend is bullish, with a Super Trend indicator at 165.83 and a positive plus DI (21.71) versus minus DI (8.78) as of 2026-09-18.
- The weekly trend is bullish, with the Super Trend indicator at 241.36 and a strong ADX of 40.14 as of 2026-09-18.
- The stock's closing price of ₹289.5 on 2026-09-18 is above its 50-day SMA of ₹279.52.
- Jindal Saw has achieved a year-to-date return of 0.73 and a 6-month return of 0.46.

- Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?

### Bear Case

The company's daily technical trend shows a bearish Supertrend direction as of September 18, 2026, with the closing price of ₹289.5 below the 20-day Exponential Moving Average (EMA) of ₹295.85 and a negative slope of -2.64 over 5 days. While the monthly trend indicates a bullish Supertrend direction, the daily indicators suggest potential short-term headwinds. The stock has experienced a current drawdown of -9% and a maximum drawdown of -46% historically, indicating periods of significant price decline. Annualized volatility stands at 48%, suggesting a higher degree of price fluctuation.

- As of September 18, 2026, the daily Supertrend indicator is 'bearish'.
- The closing price of ₹289.5 on September 18, 2026, is below the 20-day EMA of ₹295.85.
- The stock has experienced a current drawdown of -9% and a maximum drawdown of -46%.
- Annualized volatility is recorded at 48%.

- Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?

### FAQs

**What was the security cover for Jindal Saw's secured Non-Convertible Debentures (NCDs) as of June 30, 2026?**

As of June 30, 2026, Jindal Saw Limited maintained a security cover of 16.52 times on book value/market value for its secured NCDs. This represents a decrease from 16.81 times in the prior quarter. The total outstanding NCD amount, including interest, was ₹51,129.45 lakhs, with a required asset cover of ₹63,911.82 lakhs.

**What is the current technical trend for Jindal Saw based on daily and monthly indicators as of September 18, 2026?**

As of September 18, 2026, the daily trend for Jindal Saw shows a bearish SuperTrend direction with an ADX of 28.5. In contrast, the monthly trend indicates a bullish SuperTrend direction with an ADX of 22.89.

**What recent investor interactions has Jindal Saw engaged in?**

Jindal Saw Limited held virtual investor meetings on July 28, 2026, with ICICI Prudential MF and scheduled meetings for August 27, 2026, with Mirae Mutual Fund. These discussions were limited to publicly available information.

**How has Jindal Saw's stock performed over different periods leading up to September 18, 2026?**

As of September 18, 2026, Jindal Saw's stock has shown the following returns: Year-to-Date (YTD) return was 0.73, a 6-month return of 0.46, and a 1-year return of 0.38. Over shorter periods, the 3-month return was 0.10, and the 1-month return was 0.08. The return since the start of the year was 0.03.

- Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?
- Axis Trustee Services Limited has informed the exchange for Jindal Saw Limited regarding Security Cover Certificate of ISIN INE324A07179 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate
- Record Date Updates |SUBJECT: Record Date Updates
- Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹289.17
- Risk regime: Higher Price Risk

### Support levels
- 247.83796875000002
- 235.98000000000002
- 230.425

### Resistance levels
- 319.75
- 296.83333333333337
- 302.4666666666667

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.58% |
| return_10 | -6.87% |
| return_1m | +7.76% |
| return_1y | +38.35% |
| return_20 | +7.32% |
| return_3m | +9.63% |
| return_5 | -8.82% |
| return_6m | +46.18% |
| return_since_start | +2.86% |
| return_ytd | +72.88% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -45.66% |
| annualized_volatility | +47.62% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Net profit falls sharply as pre-tax earnings contract and tax expense swings to positive

Jindal Saw Ltd. reported its results for the first quarter of FY2026‑27 (reporting date: 30 June 2026). Revenue rose 9% year‑over‑year to ₹4,452.31 crore, but profit before tax fell 59.3% to ₹148.24 crore. A swing from a tax credit of ₹41.17 crore to a tax expense of ₹52.08 crore contributed to a 78% drop in net profit to ₹90.79 crore. Sequentially, revenue and profit also declined from the preceding quarter.

## Revenue

Revenue increased 9% from ₹4,084.68 crore in Q1 FY2025‑26 to ₹4,452.31 crore. Compared to the previous quarter (Q4 FY2025‑26), revenue declined 3.9% from ₹4,633.48 crore, indicating a sequential dip in sales.

## Profit Before Tax and Expense Trends

Profit before tax fell 59.3% to ₹148.24 crore from ₹363.91 crore a year earlier. Among the expense items with comparable year‑over‑year figures, Other Expenses increased 8.8% to ₹942.28 crore, while Finance Costs decreased 36.6% to ₹108.43 crore. The combined effect of these two items was a small increase in expenses of approximately ₹13.8 crore. However, the overall PBT decline of ₹215.67 crore was much larger, pointing to significant movements in other cost components or other income.

## Tax Expense Swing

A major factor in the net profit decline was the change in tax expense. In Q1 FY2025‑26, the company reported a tax credit of ₹41.17 crore, whereas this quarter it recorded a tax expense of ₹52.08 crore. This swing of ₹93.25 crore directly reduced net profit. The effective tax rate (tax expense as a percentage of profit before tax) moved from -11.3% to 35.1%.

## Earnings Per Share

Basic earnings per share fell from ₹6.66 in the year‑ago quarter to ₹1.63, a decline of 75.5%. Diluted EPS followed a similar pattern, dropping from ₹6.63 to ₹1.63.

## Key Takeaway

Jindal Saw’s Q1 FY2026‑27 results show a clear contrast between top‑line growth and bottom‑line performance. While revenue increased 9% year‑over‑year, profit before tax contracted 59% and net profit fell 78%, driven by a narrower pre‑tax margin and a swing from a tax credit to a tax expense. The sequential decline from the previous quarter adds to the picture of declining profitability. The significant drop in earnings per share highlights the extent of the profit erosion.

### Ratios

## Official filings

- 2026-08-25 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATSL_25082026174917_Jindal_Saw_Limited_SCC.pdf)
- 2026-08-24 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/JINDALSAW_24082026125959_Jindal_Saw-60.pdf)
- 2026-08-24 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_24082026172004_InvestorCallSE.pdf)
- 2026-08-24 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20260824_172244217.xml)
- 2026-07-23 — Generic Announcement: Jindal SAW Ltd. will hold a virtual investor meeting on Tuesday, July 28, 2026, at 03:00 PM IST with ICICI Prudential MF. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_23072026162439_InvestorCallSE.pdf)
- 2026-07-23 — Official Filing: JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- 2026-07-22 — Generic Announcement: Jindal Saw Limited reported Q1 FY27 standalone total income of INR 3,756 crores, a 13% increase from Q1 FY26, but EBITDA declined 40% to INR 341 crores, PBT fell 53% to INR 145 crores, and PAT dropped 70% to INR 110 crores. Consolidated total income rose 9% to INR 4,476 crores, while EBITDA decreased 39% to INR 421 crores, PBT fell 60% to INR 148 crores, and PAT dropped 78% to INR 91 crores. The company's API license suspension impacted seamless pipe business, and geopolitical issues in the MENA region affected exports, leading to muted performance in Q1 FY27. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_22072026112359_TranscriptSE.pdf)
- 2026-07-17 — Generic Announcement: Jindal SAW Ltd. will hold a virtual investor meeting with WFM Asia Hong Kong Fund on Wednesday, July 22, 2026, at 03:00 PM IST. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_17072026164748_InvestorCallSE.pdf)
- 2026-07-17 — Generic Announcement: Jindal Saw Ltd. will hold a virtual investor meeting with UTI Mutual Fund on Wednesday, July 22, 2026, at 04:00 PM IST. The meeting will discuss publicly available information only, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_17072026173919_InvestorCallSE.pdf)
- 2026-07-16 — Generic Announcement: Jindal Saw Ltd. will hold a one-on-one investor meeting with Guardian Capital Partners on July 21, 2026, at 02:30 PM IST in New Delhi. The meeting will discuss publicly available information only, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_16072026175805_InvestorCallSE.pdf)
- 2026-07-15 — Generic Announcement: Jindal Saw Limited has made available the audio recording of a conference call held on July 15, 2026, to discuss the company's Unaudited Standalone & Consolidated financial results for the first quarter of fiscal year 2027, ending June 30, 2026. The recording is accessible on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_15072026192800_AudioRecordingSE.pdf)
- 2026-07-14 — Generic Announcement: Jindal Saw Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. The company reported standalone total income of ₹37,557 million and profit after tax of ₹1,098 million for Q1 FY27. Consolidated total income was ₹44,760 million with profit after tax of ₹908 million. The company's order book for pipes and pellets stands at approximately US$1,171 million, though export operations in the MENA region were impacted by geopolitical instability. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_14072026153413_financial_highlights.pdf)
- 2026-07-14 — Generic Announcement: Jindal Saw Ltd. reconstituted its Audit Committee, Risk Management Committee, and Nomination and Remuneration Committee on July 14, 2026. The filing lists the new members for each committee, including Shri Sanjeev Shankar, Shri Girish Sharma, Dr. Ashutosh Karnatak, Shri Nitin Sharma, Shri Vinay Kumar, Shri Narendra Mantri, and Dr. Vinita Jha. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_14072026151338_ReconstitutionofcommitteeSE.pdf)
- 2026-07-14 — Generic Announcement: Jindal Saw Limited reported its unaudited financial results for the quarter ended June 30, 2026, on July 14, 2026. The company's standalone net profit after tax was ₹109.77 crores, and consolidated net profit after tax was ₹90.79 crores. The results were approved by the Board of Directors. A subsidiary, Jindal ITF Limited, is involved in an appeal concerning an arbitral award of ₹1,891.08 crores, with management confident of a favorable outcome and no adjustments deemed necessary in the financial results. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_14072026150616_finalresultsjune2026.pdf)
- 2026-07-10 — Generic Announcement: Shri Ajit Kumar Hazarika will cease to be an Independent Director of Jindal Saw Limited at the close of business hours on July 11, 2026, upon completion of his second consecutive five-year term. This information is disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_10072026165747_RetirementAKHazarika.pdf)
- 2026-07-10 — Generic Announcement: Jindal Saw Limited will hold an investor conference call on July 15, 2026, at 16:00 IST to discuss its Q1FY27 financial results. The call, organized by ICICI Securities Limited, will cover publicly available information and will not include unpublished price-sensitive information. Key company representatives including the Chief Operating and Financial Officer will be present. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_10072026165517_InvestorCallIntimationSE.pdf)
- 2026-07-07 — Generic Announcement: Jindal SAW Limited has submitted a certificate from its Registrar and Share Transfer Agent, RCMC Share Registry Private Limited, confirming compliance with Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018, for the quarter ended June 30, 2026. The certificate was issued on July 1, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_07072026121749_Reg74_5_SE.pdf)
- 2026-06-26 — Credit Rating Update: On June 25, 2026, CARE Ratings Limited assigned a "CARE AA; Stable" rating to Jindal Saw Limited's Non-Convertible Debenture issue of ₹500 crore, with repayment due by March 26, 2031. Additionally, a "CARE A1+" rating was assigned to its Commercial Paper issue aggregating ₹400 crore, valid for a tenure not exceeding one year. The company also received an "CARE AA; Stable" issuer rating, reflecting its general creditworthiness based on FY26 audited financial performance. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_26062026132248_CreditRatingSE.pdf)
- 2026-06-25 — Generic Announcement: Jindal Saw Limited announced on June 25, 2026, that the American Petroleum Institute (API) has reinstated all of the company's API licenses, effective June 24, 2026, and valid until June 24, 2029. This reinstatement allows the company to affix the API Monogram on its seamless pipes, enabling the manufacture and supply of certified seamless pipes to global oil and gas majors and participation in tenders. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_25062026143325_DisclosureAPI2506.pdf)
- 2026-06-25 — Generic Announcement: Jindal Saw Limited will close its trading window from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. This closure is in accordance with the company's code of conduct for designated persons and their immediate relatives. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_25062026144444_LETTER.pdf)
- 2026-06-24 — Generic Announcement: Jindal Saw Ltd. will hold a virtual one-on-one investor meeting with Trust Mutual Fund on June 30, 2026, at 03:00 PM IST. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_24062026140239_investor_call_signed.pdf)
- 2026-06-24 — Generic Announcement: Jindal Saw Ltd. will hold a one-on-one virtual investor meeting with Dalal & Broacha Stock Broking Pvt. Ltd. on June 30, 2026, at 12:00 noon IST. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_24062026161023_investor_meet_2.pdf)
- 2026-06-23 — Generic Announcement: Jindal SAW Ltd. will hold a virtual one-on-one investor meeting with Motilal Oswal Mutual Fund on June 29, 2026, at 03:30 PM IST. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_23062026170533_InvestorCallSE.pdf)
- 2026-06-18 — Generic Announcement: Jindal SAW Ltd. officials will hold a one-on-one virtual investor meeting with SBI Life Insurance Company Limited on June 25, 2026, at 04:00 PM IST. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be shared. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_18062026171655_InvestorCallSE.pdf)
- 2026-06-18 — Generic Announcement: Jindal SAW Ltd. officials will meet with SBI Mutual Fund on June 24, 2026, at 03:30 PM IST in New Delhi. The meeting will be physical and will only discuss publicly available information, with no unpublished price sensitive information to be disclosed. — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_18062026171205_InvestorCallSE.pdf)

## News and market events

- 2026-09-18 — MONEYCONTROL: **Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-castrol-ramkrishna-forgings-sapphire-foods-jindal-saw-granules-india-and-others-on-september-18-14032566.html)
- 2026-08-24 — Mint: **Raja Venkatraman recommends three stocks for 24 August** — Market expert Raja Venkatraman shares his top stock picks for 24 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-24-august-sensex-nifty-11787532536118.html)
- 2026-08-22 — The Hindu: **Movers & Shakers: Stocks that will see action this week** — Discover key insights on Jindal Saw, SBI Life Insurance, and Union Bank stocks for this week’s trading opportunities. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71374760.ece)
- 2026-08-21 — BUSINESS: **Volumes jump at JBM Auto Ltd counter** — JBM Auto Ltd saw volume of 108.72 lakh shares by 14:14 IST on NSE, a 58.26 fold spurt over two-week average daily volume of 1.87 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-jump-at-jbm-auto-ltd-counter-126082100935_1.html)
- 2026-07-26 — Times of India: **ESG norms and safety mandates ignite demand for fire engineers | Vadodara News - The Times of India** — Fire safety engineering booms as ESG, BRSR and stricter safety norms lift demand; GSFC University intake up 5x since 2019, top offer doubles to ₹14 LPA. — [Source](https://timesofindia.indiatimes.com/city/vadodara/esg-norms-and-safety-mandates-ignite-demand-for-fire-engineers/articleshow/132647104.cms)
- 2026-07-16 — Mint: **Top Gainers & Losers on 16 July: ABB India, Jindal Saw, Kaynes Tech, IIFL Finance, SRF, among top gainers** — The Indian stock market was range-bound on July 16, affected by Middle Eastern tensions and a weak rupee. Nifty 50 and Sensex closed flat, with mixed sector performances. Nifty Consumer Durables gained 1.60%, while Nifty Realty dropped nearly 1%. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-16-july-abb-india-jindal-saw-kaynes-tech-iifl-finance-srf-among-top-gainers-11784195574873.html)
- 2026-07-15 — The Hindu: **Sensex today | Stock Market Live: Sensex jumps nearly 550 points, Nifty tops 24,200 as earnings lift sentiment** — Sensex, Nifty, Share Prices LIVE:  Indian benchmark indices trade higher on Wednesday, tracking positive global cues as investors shifted focus to the earnings season. Easing oil prices, optimism over the India-UK trade pact and encouraging early corporate results further supported market sentiment. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-15-july-2026/article71220956.ece)
- 2026-07-15 — The Hindu: **Q1 Results Today Live: UBI, Groww, HDFC Life, HDFC AMC, ICICI Lombard, ICICI Pru, HDB Financial, Angel One to announce Q1 results, LTTS, Tata Elxsi, Jindal Saw, Anand Rathi Share in focus** — Q1 Results Today, 15th July 2026 Live Updates: Catch live updates — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-ubi-billionbrains-garage-ventures-hdfc-life-hdfc-amc-icici-lombard-icici-pru-hdb-financial-himadri-angel-one-ltts-tata-elxsi-results-15-july-2026/article71220808.ece)
- 2026-07-14 — CNBC-TV18: **Sensex Today | Stock Market Live Update: Nifty around 24,040; Nifty Realty down 2%** — Stock Market Live Update: The market resilience gets put to test yet again today during the weekly options expiry of the Nifty contracts. 24,000 and 23,800 on the downside remain the key levels for the index, while 24,250 - 24,350 on the upside remains a supply zone. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-expiry-today-oil-hpcl-ongc-ril-banks-hcltech-ltts-tata-elxsi-share-price-liveblog-19944620.htm)
- 2026-07-14 — The Hindu: **Sensex today | Stock Market Live: Sensex drops to 77,085.25; Nifty 50 down by 0.62%** — Sensex, Nifty, Stock Price Live Updates: Sensex traded 531.15  pts or 0.68% lower at 77,085.25 at around 3 pm, and Nifty 50 was down 149.40 pts or 0.62% to 24,061.60 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-14th-july-2026/article71217153.ece)
- 2026-07-14 — CNBC-TV18: **Jindal Saw Q1 results: Shares fall after 75% profit slump, margins nearly halve** — Jindal Saw's June-quarter revenue rose 9%, but profitability came under sharp pressure as margins nearly halved. The weak earnings extended a challenging trend after a subdued March quarter, with the stock declining in afternoon trade. — [Source](https://www.cnbctv18.com/market/jindal-saw-q1-results-shares-fall-after-75-pc-profit-slump-margins-nearly-halve-19945111.htm)
- 2026-07-14 — The Hindu: **Q1 Results Today Live: LTTS, Tata Elxsi, Jindal Saw, SG FINSERVE, Anand Rathi Share, Den Networks to announce Q1 results, Bajaj Consumer Care, HCL Tech, ICICI Pru AMC shares in focus** — Q1 Results Today, 14th July 2026 Live Updates: Follow latest Q1 updates from businessline here — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-ltts-tata-elxsi-jindal-saw-sg-finserve-anand-rathi-share-den-networks-hcl-tech-icici-pru-bajaj-consumer-results-14-july-2026/article71216753.ece)

## Business profile

**Strategic vision:** Manufactures and supplies steel pipes, tubes, and pellets globally.

### Business segments
- **Pipes and Tubes Manufacturing:** Manufactures a comprehensive range of pipes and tubes from carbon steel, stainless steel, and alloy steels using advanced processes.
- **Pellet Production:** Operates a high-performance pellet plant, contributing to integrated operations.
- **Ductile Iron (DI) Pipes:** Through its subsidiary Jindal SAW Gulf LLC, produces DI pipes up to 2,200 mm in diameter for potable and wastewater transmission.

### Competitive strengths
- Global manufacturing presence across multiple continents.
- Integrated operations including pellet production.
- Extensive product range serving critical infrastructure sectors.
- Subsidiary operations with specialized manufacturing capabilities.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/jindalsaw
Markdown representation: https://faxioms.com/stocks/jindalsaw?render=md