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 0.000000
forwardPE 9.441667
debtToEquity 43.953000
earningsGrowth -0.490000
revenueGrowth -0.062000
grossMargins 0.426790
operatingMargins 0.092590
trailingEps 17.640000
forwardEps 19.200000

JINDALSAW's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its 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.
JINDALSAW's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that JINDALSAW is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW

Over time, analysts have gradually revised JINDALSAW's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


11 JINDALSAW stock sales were completed, with market price of 207.32454612038353.There were no sell transactions during the given period.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


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