The inventory was up 18% intraday on the again of robust shopping for exercise.
In this editorial, we are going to discover the explanation for the rise and have a look at the corporate behind the inventory.
The capital outlay for a similar has been reported to be an enormous Rs 8.69 trillion (lakh crore).As per media stories, the federal government’s focus will probably be on constructing water provide infrastructure, together with operation and upkeep.
This is to make sure 100% steady, dependable, and secure water provide by way of faucet connections for all 193.5 million rural households.
Dalal Steet expects the excessive authorities spending over the following few years by way of JJM 2.0 to lead to elevated demand for pipes and fittings of varied sorts.
This in flip ought to lead to a gradual provide of orders for firms like Jindal Saw.
The firm reported a strong order e-book of round Rs 123 bn for its Iron & Steel Pipes and Pellets section as of Q3 FY26.
This order backlog supplies wholesome medium-term income visibility and is anticipated to help the corporate’s enterprise momentum within the coming quarters.
The firm goals to revenue from rising authorities spending on new and up to date infrastructure tasks. It desires to maintain a gradual stream of orders by growing executable orders and exploring new probabilities in value-added merchandise.
The administration is working to ship regular monetary efficiency with wholesome margins and strong cash flows. They intention to take care of a strong order e-book by profiting from new progress alternatives.
Jindal Saw Financial Snapshot
| |
FY21 |
FY22 |
FY23 |
FY24 |
FY25 |
| Revenue (Rs m) |
1,06,636 |
1,32,984 |
1,78,681 |
2,09,577 |
2,08,289 |
| Revenue Growth (%) |
-8.3 |
24.7 |
34.4 |
17.3 |
-0.6 |
| Net Profit (Rs m) |
3,277 |
3,759 |
4,518 |
15,929 |
14,580 |
| Net Profit Margin (%) |
3.1 |
2.8 |
2.5 |
7.6 |
7 |
| Return on Equity (%) |
4.7 |
5.1 |
6.1 |
11.1 |
10.1 |
| Return on Capital (%) |
10.7 |
11.8 |
14 |
24.1 |
22.9 |
How shares of Jindal Saw have carried out just lately
Jindal Saw’s share price has been in a down pattern since September 2024. Today, 11 March, the inventory shot as much as an intraday excessive Rs 197.6.
In the final one month, the inventory worth is down marginally after having recovered nearly all its losses on account of as we speak’s worth bounce.
Over the final one 12 months, the inventory is down about 24%.
The inventory touched its 52-week excessive of Rs 286.5 on 20 March 2025 and its 52-week low of Rs 153.2 on 19 December 2025.
Jindal Saw Share Price – 1 Month
About Jindal Saw
Jindal SAW Limited is a well-established Indian firm within the iron & metal pipe business.
The firm manufactures a diversified portfolio of pipes, together with LSAW and HSAW pipes, Ductile Iron (DI) pipes, seamless pipes, chrome steel pipes, and precision tubes.
Alongside its pipe enterprise, it additionally operates a mining and pellet division in Rajasthan, producing high-grade iron ore pellets. This vertical integration helps the corporate handle enter price volatility, a bonus in steel-linked companies.
For extra particulars, see the Jindal Saw company fact sheet and quarterly results.
For a sector overview, learn our steel sector report.
To know what’s transferring the Indian inventory markets as we speak, take a look at the latest share market updates here.
Investors ought to consider the corporate’s fundamentals, company governance, and valuations of the inventory as key elements when conducting due diligence earlier than making funding selections.
Happy investing.
Disclaimer: This article is for data functions solely. It is just not a inventory advice and shouldn’t be handled as such. Learn extra about our advice providers here…
