# Jindal SAW (JINDALSAW) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹250.85
- Change: -3.17%
- As of: 2026-11-06
- 1D return: -3.17%
- 5D return: +10.00%
- 1M return: -7.16%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

JINDALSAW is navigating a near-term downtrend within a longer-term monthly uptrend. As of 2026-11-06, the stock closed at ₹250.85, down 3.2% for the day, trading below its daily 20-period EMA, 50-period EMA, and Supertrend, which signals bearish momentum on shorter timeframes. However, the price remains above the daily 200-period SMA, and the monthly trend is still bullish with price holding above all supplied monthly moving averages and the monthly Supertrend. This divergence suggests the primary long-term structure is intact, but short-term sellers are in control. Volatility is elevated, with an annualized volatility of +48.3% and an ATR of 4.94%, indicating wide price swings. The stock is positioned in the lower-middle of its 20-day range (+27.9%) and around the middle of its 252-day range (+58.6%). A high-severity wide intraday range anomaly occurred on 2026-10-30, reflecting significant uncertainty. Immediate resistance sits at ₹252.08 (0.49% above), while support is found at ₹248.67 (0.87% below).

- Trend Divergence: Daily indicators (EMA 20/50, Supertrend) are bearish, while monthly indicators remain bullish; price holds above the daily 200-SMA.
- Key Levels: Resistance at ₹252.08 (0.49% up) and ₹255.58 (1.88% up); Support at ₹248.67 (0.87% down) and ₹247.84 (1.20% down).
- Volatility & Risk: Annualized volatility is +48.3% with an ATR of 4.94%; current drawdown is -21.0% from recent highs.
- Confirmation Condition: A daily close above ₹252.08 would signal potential short-term stabilization; a break below ₹248.67 increases downside risk toward ₹247.84.

- Inside Bar
- Shooting Star
- Morning Star
- Doji

### Fundamentals

Jindal Saw’s Q2 FY2026-27 results reveal a sharp deterioration in profitability despite a modest sequential revenue recovery. Revenue from operations rose to ₹4,472 crore, up from ₹4,452 crore in Q1, but expenses grew faster to ₹4,505 crore. This margin compression drove Profit Before Tax down sharply to ₹17.8 crore from ₹148 crore, resulting in Net Profit of just ₹35.3 crore (EPS: ₹0.74), compared to ₹90.8 crore (EPS: ₹1.63) in the prior quarter.

The balance sheet shows significant deleveraging, with total borrowings falling to ₹2,234 crore (current) and ₹194 crore (non-current) as of September 2026, while cash reserves increased to ₹387 crore. However, earnings quality metrics are concerning; the Cash Conversion Cycle widened to 159 days by March 2026, driven by Inventory Days rising to 191 days. Return on Capital Employed (ROCE) also declined to 10% in March 2026 from 19% a year earlier. While Foreign Institutional Investors increased their stake to 11.32% in September 2026, the near-term focus must be on whether the company can stabilize operating margins amidst rising inventory holding periods.

- Profitability collapsed sequentially: Net profit fell to ₹35.3 crore (EPS ₹0.74) in Q2 FY2026-27 from ₹90.8 crore in Q1, as expenses outpaced revenue growth.
- Balance sheet deleveraged significantly: Total borrowings reduced substantially by September 2026, with cash holdings increasing to ₹387 crore.
- Earnings quality signals caution: ROCE dropped to 10% (Mar 2026) and the Cash Conversion Cycle extended to 159 days, largely due to Inventory Days rising to 191 days.
- Ownership shift: FII stake increased to 11.32% in September 2026, while promoter holding remained stable at 63.24%.

### Bear Case

Jindal Saw (NSE) presents a near-term technical deterioration that warrants caution for retail investors, despite strong longer-term performance. As of November 6, 2026, the stock closed at ₹250.85, reflecting a sharp -3.2% daily drop and an -11.2% decline over the past month. The daily trend is explicitly bearish, with the Supertrend indicator signaling downside pressure and both the 20-day EMA (-4.01 slope) and SMA (-6.31 slope) trending downward. While the monthly trend remains bullish, the weekly timeframe also shows a bearish Supertrend direction, indicating a potential shift in momentum.

Volatility remains elevated, with annualized volatility at +48.3% and an ATR of 4.94%, suggesting significant price swings. The stock is currently experiencing a -21.0% drawdown from its peak, having suffered a maximum historical drawdown of -45.7%. Immediate resistance is tight at ₹252.08 (0.49% above), while support lies at ₹248.67 (0.87% below). The convergence of bearish short-term signals across daily and weekly timeframes, coupled with high volatility and a substantial recent correction, highlights a period of heightened risk and uncertainty.

- Daily trend is bearish as of Nov 6, 2026, with closing price at ₹250.85 (-3.2% daily change) and negative slopes on both 20-day EMA (-4.01) and SMA (-6.31).
- Stock faces immediate resistance at ₹252.08 (0.49% above current price) and support at ₹248.67 (0.87% below), with tight trading range amid high volatility.
- Current drawdown stands at -21.0% against a maximum historical drawdown of -45.7%, with annualized volatility at +48.3% indicating significant price instability.
- Weekly timeframe also shows a bearish Supertrend direction, reinforcing short-term weakness despite the monthly trend remaining bullish.

- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_05112026113620_InvestorCallSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261105_114221035.xml)
- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_27102026155549_InvestorCallSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261027_160302271.xml)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_173500280.xml)
- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026173247_InvestorCallSE.pdf)
- [Jindal Saw Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026174041_TranscriptSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_174244980.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 63.24 | PUBLIC_VAL: 36.5 | EMPTR: .26 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 21-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742735_21102026023519_WEB.xml)
- [Jindal Saw Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_19102026181011_Document1.pdf)

### FAQs

**What is the current trading price and recent performance of JINDALSAW?**

As of November 6, 2026, JINDALSAW closed at ₹250.85, down from a previous close of ₹259.07. The stock has gained +49.8% year-to-date but is currently in a short-term downtrend, having fallen -11.2% over the last month and -3.2% in the past week.

**What are the key technical support and resistance levels to monitor?**

Immediate resistance sits at ₹252.08 (0.49% above) and ₹255.58 (1.88% above). Key support levels are located at ₹248.67 (0.87% below) and ₹247.84 (1.20% below). A break below these supports could expose the stock to further downside toward ₹235.98.

**Are there any upcoming investor meetings scheduled for JINDALSAW?**

Yes, JINDALSAW has scheduled a virtual investor meeting with Edelweiss Asset Management Ltd on Wednesday, November 11, 2026, at 04:00 PM IST. The company confirmed that discussions will be limited to publicly available information, with no unpublished price sensitive information (UPSI) shared.

**How volatile is the stock, and what is the current trend direction?**

JINDALSAW exhibits high volatility with an annualized volatility of +48.3% and a maximum drawdown of -45.7%. On the daily timeframe, the Supertrend indicator is bearish, while the monthly Supertrend remains bullish, indicating a divergence between short-term weakness and longer-term momentum.

- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_05112026113620_InvestorCallSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261105_114221035.xml)
- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_27102026155549_InvestorCallSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261027_160302271.xml)
- [JINDAL SAW LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_173500280.xml)
- [Jindal Saw Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026173247_InvestorCallSE.pdf)
- [Jindal Saw Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026174041_TranscriptSE.pdf)
- [JINDAL SAW LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_174244980.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 63.24 | PUBLIC_VAL: 36.5 | EMPTR: .26 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 21-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742735_21102026023519_WEB.xml)
- [Jindal Saw Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JINDALSAW_19102026181011_Document1.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹258.99
- Risk regime: Price Risk Requires Attention

### Support levels
- 247.83796875000002
- 235.98000000000002
- 230.425

### Resistance levels
- 261.2134375
- 265.9684375
- 277.41031250000003

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -3.17% |
| return_10 | +8.06% |
| return_1m | -11.17% |
| return_1y | +50.28% |
| return_20 | -7.16% |
| return_3m | -5.43% |
| return_5 | +10.00% |
| return_6m | +3.55% |
| return_since_start | -10.87% |
| return_ytd | +49.80% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -45.66% |
| annualized_volatility | +48.33% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Jindal Saw Limited Q2 FY2026-27: Revenue edges up as PBT falls 88% QoQ

Jindal Saw’s consolidated revenue from operations rose 0.4% quarter on quarter to ₹4,472 crore, while expenses increased 4.1% to ₹4,505 crore. Profit before tax fell 88% QoQ to ₹17.8 crore, and EPS declined to ₹0.74 from ₹1.63 in Q1 FY2026-27 and ₹2.38 in Q2 FY2025-26.

## Revenue growth trails expense growth

Revenue from operations was ₹4,471.8 crore, compared with ₹4,452.3 crore in Q1 FY2026-27 and ₹4,233.6 crore in Q2 FY2025-26. That represents growth of 0.4% QoQ and 5.6% year on year. Total income was ₹4,523.1 crore, including other income of ₹51.3 crore.

Expenses increased to ₹4,505.2 crore from ₹4,327.7 crore in Q1 FY2026-27, up 4.1% QoQ, and were 10.1% higher than in Q2 FY2025-26. The combination of modest revenue growth and faster expense growth coincided with the steep decline in pre-tax profit. Cost of materials consumed was ₹2,396.6 crore, employee benefit expense ₹438.9 crore, depreciation ₹169.0 crore and other expenses ₹936.2 crore. Other expenses were down 0.6% QoQ and 6.9% year on year.

## Profit and EPS contract sharply

Profit before tax was ₹17.8 crore, down from ₹148.2 crore in Q1 FY2026-27 and ₹173.1 crore in Q2 FY2025-26. Profit for the period fell 61% QoQ to ₹35.3 crore and 75% year on year. The quarter included a tax credit of ₹20.9 crore, comprising current-tax and deferred-tax credits; this lifted profit for the period above pre-tax profit.

Profit attributable to owners of the parent was ₹47.0 crore, while non-controlling interests recorded a loss of ₹11.8 crore. EPS was ₹0.74, down 55% QoQ and 69% year on year.

## Balance sheet: lower inventories, but borrowings remain significant

At 30 September 2026, inventories stood at ₹4,539.8 crore, down from ₹5,528.7 crore at 30 September 2025. Current trade receivables were ₹2,885.7 crore, compared with ₹3,073.8 crore a year earlier. Current assets were ₹8,969.5 crore, versus ₹10,047.8 crore at the prior-year date.

Total borrowings—current and non-current—were ₹4,173.8 crore at 30 September 2026, compared with ₹5,194.1 crore a year earlier. Current borrowings were ₹2,234.2 crore and non-current borrowings ₹1,939.5 crore; the non-current component was higher than the ₹1,748.3 crore recorded a year earlier. Cash and cash equivalents were ₹387.2 crore, below ₹406.7 crore at 31 March 2026 but above ₹151.0 crore at 30 September 2025.

Property, plant and equipment was ₹10,308.5 crore, up from ₹9,479.1 crore a year earlier. Capital work in progress was ₹584.0 crore, compared with ₹659.5 crore at 30 September 2025. Equity attributable to owners of the parent rose to ₹12,611.8 crore from ₹12,082.9 crore; non-controlling interest was negative ₹316.7 crore.

## Key Takeaway

Revenue advanced modestly, but expenses grew faster and pre-tax profit fell steeply, with EPS weakening against both the prior quarter and year-ago quarter. Year-on-year borrowings and inventories were lower, while cash and cash equivalents exceeded the year-ago balance; the quarter’s key investor concern remains the pronounced earnings contraction.

### Ratios

## Shareholding pattern

- Quarter: FY2026-Q3
- As of: 2025-12-31
- Promoter holding: +63.25%
- FII holding: +14.09%
- DII holding: +3.50%
- Mutual fund holding: +3.19%
- Retail holding: +14.49%
- Promoter pledged: +0.00%

### Major reported shareholders

- NALWA SONS INVESTMENTS LIMITED — +16.75% (Bodies Corporate)
- FOUR SEASONS INVESTMENTS LIMITED — +13.61% (Bodies Corporate)
- SIDDESHWARI TRADEX PRIVATE LIMITED — +11.69% (Bodies Corporate)
- SIGMA TECH INC — +9.42% (Bodies Corporate)
- OPJ TRADING PRIVATE LIMITED — +2.43% (Bodies Corporate)
- THELEME INDIA MASTER FUND LIMITED — +2.31%
- VIRTUOUS TRADECORP PRIVATE LIMITED — +2.01% (Bodies Corporate)
- DIVINO MULTIVENTURES PRIVATE LIMITED — +1.67% (Bodies Corporate)
- HSBC MUTUAL FUND - HSBC VALUE FUND — +1.43%
- PRJ FAMILY MANAGEMENT COMPANY PRIVATE LIMITED AS TRUSTEE OF PRJ HOLDINGS PRIVATE TRUST — +1.27% (Bodies Corporate)

## Official filings

- 2026-11-05 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_05112026113620_InvestorCallSE.pdf)
- 2026-11-05 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261105_114221035.xml)
- 2026-10-27 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_27102026155549_InvestorCallSE.pdf)
- 2026-10-27 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261027_160302271.xml)
- 2026-10-22 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_173500280.xml)
- 2026-10-22 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026173247_InvestorCallSE.pdf)
- 2026-10-22 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_22102026174041_TranscriptSE.pdf)
- 2026-10-22 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261022_174244980.xml)
- 2026-10-21 — Shareholding Disclosure: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742735_21102026023519_WEB.xml)
- 2026-10-19 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_19102026181011_Document1.pdf)
- 2026-10-19 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261019_181149579.xml)
- 2026-10-16 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_16102026155905_ResultsSE.pdf)
- 2026-10-16 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_16102026161550_FinancialHighlightsSE.pdf)
- 2026-10-16 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/JINDALSAW_16102026162005_UtilisationoffundsSE.pdf)
- 2026-10-16 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/JINDALSAW_16102026165057_AssetCoverageSE.pdf)
- 2026-10-16 — Financial Results Filing: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1740123_16102026050701_WEB.xml)
- 2026-10-16 — Financial Results Filing: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1740122_16102026050655_WEB.xml)
- 2026-10-14 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_14102026164713_Investorcall19102026.pdf)
- 2026-10-14 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261014_164755874.xml)
- 2026-10-14 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_743_WebXMLFile_20261014_165044128.xml)
- 2026-10-09 — Board Meeting Notice: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_09102026135851_NoticeSE.pdf)
- 2026-10-09 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_743_WebXMLFile_20261009_140338210.xml)
- 2026-10-09 — Board Meeting Notice: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_743_WebXMLFile_20261009_140338210.xml)
- 2026-10-08 — Credit Rating Update: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_08102026144149_Credit_rating07102026.pdf)
- 2026-10-06 — Generic Announcement: Jindal Saw Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JINDALSAW_06102026122259_Reg74_5_SE.pdf)

## News and market events

- 2026-10-27 — BUSINESSTODAY: **Sminu Jindal on what industry needs amid West Asia tensions** — Sminu Jindal, a commerce graduate from Shri Ram College of Commerce, joined Jindal Saw, part of the OP Jindal Group, as a management trainee at the age of 19 in 1992. — [Source](https://www.businesstoday.in/magazine/interview/story/sminu-jindal-on-what-industry-needs-amid-west-asia-tensions-564054-2026-10-27)
- 2026-10-21 — CNBC-TV18: **Stock Market Crash: Key factors behind the steep Sensex, Nifty sell-off on Wednesday** — Sudeep Shah of SBI Securities said that the 22,670 - 22,690 level will be a crucial support for the index, while 22,980 - 23,000 will be a resistance. In case the Nifty slips below that support zone, then the next level of support emerges only at 22,500 - 22,520 zone. — [Source](https://www.cnbctv18.com/market/stock-market-crash-nifty-50-sensex-midcap-smallcap-sell-off-factors-why-market-fell-oil-yields-q2-results-20016052.htm)
- 2026-10-16 — The Hindu: **Q2 Results Highlights, 16th Oct: Urban Company’s loss widens; Bajaj Housing Finance PAT rises 18%; PNB, DLF, Oberoi, Crompton Greaves, Ujjivan SFB and Federal Bank post profit growth** — Q2 Results Highlights, 16th October 2026: Find all the latest Q2 results 2026 updates of Amal, Artson, Aurum PropTech, Bajaj Housing Finance, Benares Hotels, Bright Outdoor Media, Citi Port Financial Services, Crompton Greaves Consumer Electricals, DLF, E2E Networks, Federal Bank, Gujarat Hotels, HOMRE, Himadri Speciality Chemical, Indo Rama Synthetics (India), Jayaswal Neco Industries, Jindal Saw, LTM, Modison-$, Oberoi Realty, Onward Technologies, Paushak, Punjab National Bank, Raghav Producti... — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-highlights-urban-company-wipro-tech-mahindra-jio-dlf-ltm-oberoi-realty-punjab-national-bank-ujjivan-sfb-himadri-speciality-chemical-fedreal-bank-results-nestle-irfc-hdfc-iifl/article71587596.ece)
- 2026-10-15 — Mint: **Stock recommendations for 15 October from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 15 October. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-15-october-from-marketsmith-india-11791991493420.html)
- 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: 2026-11-06
- Source: Faxioms public stock analysis API

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