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

Revenues for Jindal Saw Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 1.447000
forwardPE 5.785637
debtToEquity 44.359000
earningsGrowth -0.424000
revenueGrowth -0.070000
grossMargins 0.425030
operatingMargins 0.114570
trailingEps 27.210000
forwardEps 0.000000

A current ratio of 1.447 for JINDALSAW implies that the company has ample liquidity to meet its short-term debts. JINDALSAW's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
With both earnings and revenue growth in low territory, Jindal Saw Limited is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
JINDALSAW's negative gross and operating margins indicate that the company is operating at a loss. This reflects an inability to cover production costs and operational expenses, which could undermine its financial stability.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW



Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


6 sell transactions of JINDALSAW were recorded, with market price hovering near 266.8741709391276.2 purchases of JINDALSAW stock were recorded, with market price of 253.2375030517578 per share.More recent purchases than sales at current price levels for JINDALSAW could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Analysts have been favoring JINDALSAW with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning JINDALSAW as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.