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

With JINDALSAW's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 1.530000
forwardPE 6.470588
debtToEquity 43.953000
earningsGrowth -0.695000
revenueGrowth -0.240000
grossMargins 0.435130
operatingMargins 0.069820
trailingEps 21.530000
forwardEps 0.000000

With a current ratio of 1.53, Jindal Saw Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that Jindal Saw Limited is in a strong position to meet its immediate financial obligations without difficulty.
JINDALSAW's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
Jindal Saw Limited's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW

JINDALSAW's current valuation relative to projections shows a lack of distinct risks or opportunities. This neutral stance may lead investors to take a more conservative approach, maintaining their current positions until new information becomes available.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


JINDALSAW had 5 sell transactions, while the market price was at 236.19200134277344 per share.There were no sell transactions during the period under consideration.The higher volume of buys compared to sells near current JINDALSAW price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Analysts' recent buy bias toward Jindal Saw Limited suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see Jindal Saw Limited as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.