Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes and pellets in India and internationally. It operates through Iron and Steel Products and Others segments. The company offers SAW pipes used for energy transportation in the oil and gas sector, including water and slurry transportation; ductile iron pipes and fittings for water and waste-water transportation sectors; carbon, alloy, and stainless steel seamless and welded pipes and tubes for use in petroleum, exploration, sugar, steel, bearing, automotive general engineering, power, and process industries; operates iron ore mine and pellet plant. It provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating; double chamber pipes; foam coated pipes; weld-on connector casings; bends and flanges; pipes and tubes for general mechanical engineering applications; and line pipe, process pipe, oil country tubular goods products, and non-welded pipes. In addition, the company is involved in the transshipment and waterborne transportation businesses; and provision of inland shipping, business process outsourcing, call center and advisory, helical anchor manufacturing, property holding, and tools and fittings products. Jindal Saw Limited was incorporated in 1984 and is based in New Delhi, India.

Revenue projections:

Revenue projections for JINDALSAW
Revenue projections for JINDALSAW

Jindal Saw Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 1.447000
forwardPE 5.572899
debtToEquity 44.359000
earningsGrowth -0.424000
revenueGrowth -0.070000
grossMargins 0.425030
operatingMargins 0.114570
trailingEps 26.960000
forwardEps 0.000000

JINDALSAW's current ratio of 1.447 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, JINDALSAW can comfortably cover its liabilities, reflecting a strong financial outlook.
JINDALSAW's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for JINDALSAW to sustain its current profitability.
JINDALSAW's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW

The current valuation of Jindal Saw Limited, compared to projections, does not highlight any specific risks or opportunities. This stable scenario may lead investors to adopt a wait-and-see approach as they monitor future developments for potential shifts in the market.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


There were 8 JINDALSAW sales transactions, at market price of 252.33875465393066.There were 1 purchases of Jindal Saw Limited stock, with market price of 240.52499389648438.Insider activity within the company doesn't point to any consistent trend, making it difficult to forecast the firm's direction based on these transactions.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Analysts' buy bias for JINDALSAW signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to JINDALSAW, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.