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

JINDALSAW's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 7.930882
debtToEquity 54.524000
earningsGrowth -0.053000
revenueGrowth -0.068000
grossMargins 0.424590
operatingMargins 0.149630
trailingEps 30.480000
forwardEps 0.000000

Jindal Saw Limited's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that Jindal Saw Limited might struggle to maintain its current profit levels.
JINDALSAW's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


5 Jindal Saw Limited stock sales were completed, with market price of 276.8230041503906.2 transactions to buy JINDALSAW took place, with market price at 253.2375030517578 per share.JINDALSAW has seen more sells than buys at current price levels, which could point to a potential price drop. If this selling trend persists, it may indicate that investors are expecting further declines in the stock's value.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Recent analysis shows a strong buy bias for Jindal Saw Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Jindal Saw Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.