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 is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its 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

Jindal Saw Limited's current ratio 1.447, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, Jindal Saw Limited can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
JINDALSAW's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
Jindal Saw Limited's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW



Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


6 JINDALSAW shares were sold in recent transactions, with market price at 266.8741709391276.2 separate transactions to buy Jindal Saw Limited were completed, while market price hovered around 253.2375030517578.Without any clear pattern in insider transactions, it's challenging to predict the company's future path or interpret the significance of the activity.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


The recent buy bias from analysts suggests JINDALSAW is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, JINDALSAW appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.