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JINDALSAW
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Share Price
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Forensics
- 5D
- 1M
- 6M
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Jindal Saw Q3 Consol Net PAT 5.06 Billion Rupees
Jan 24 (Reuters) - Jindal SAW JIND.NS:
Q3 CONSOL NET PAT 5.06 BILLION RUPEES
Q3 CONSOL REVENUE FROM OPERATIONS 52.71 BILLION RUPEES
Source text: ID:nBSE4Bgtbf
Further company coverage: JIND.NS
(([email protected];))
Jan 24 (Reuters) - Jindal SAW JIND.NS:
Q3 CONSOL NET PAT 5.06 BILLION RUPEES
Q3 CONSOL REVENUE FROM OPERATIONS 52.71 BILLION RUPEES
Source text: ID:nBSE4Bgtbf
Further company coverage: JIND.NS
(([email protected];))
Jindal SAW To Acquire Shareholding Up To 31.20% Stake In Renew Green MHH One
Dec 17 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW - TO ACQUIRE SHAREHOLDING UP TO 31.20% STAKE IN RENEW GREEN MHH ONE
Source text: ID:nBSEbwL9d9
Further company coverage: JIND.NS
(([email protected];))
Dec 17 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW - TO ACQUIRE SHAREHOLDING UP TO 31.20% STAKE IN RENEW GREEN MHH ONE
Source text: ID:nBSEbwL9d9
Further company coverage: JIND.NS
(([email protected];))
Jindal Saw Q2 Consol Net Pat 5 Billion Rupees
Oct 18 (Reuters) - Jindal SAW Ltd JIND.NS:
Q2 CONSOL NET PAT 5 BILLION RUPEES
Q2 CONSOL REVENUE FROM OPERATIONS 55.72 BILLION RUPEES
Source text for Eikon: ID:nBSE8WyJVS
Further company coverage: JIND.NS
(([email protected];;))
Oct 18 (Reuters) - Jindal SAW Ltd JIND.NS:
Q2 CONSOL NET PAT 5 BILLION RUPEES
Q2 CONSOL REVENUE FROM OPERATIONS 55.72 BILLION RUPEES
Source text for Eikon: ID:nBSE8WyJVS
Further company coverage: JIND.NS
(([email protected];;))
Jindal Saw To Sell Entire Stake Of Green Ray Holdings
Sept 18 (Reuters) - Jindal SAW Ltd JIND.NS:
DISPOSAL OF SUBSIDIARY COMPANY
DISPOSAL OF ENTIRE SHAREHOLDING OF GREEN RAY HOLDINGS
Source text for Eikon: ID:nBSEbmpqzZ
Further company coverage: JIND.NS
(([email protected];;))
Sept 18 (Reuters) - Jindal SAW Ltd JIND.NS:
DISPOSAL OF SUBSIDIARY COMPANY
DISPOSAL OF ENTIRE SHAREHOLDING OF GREEN RAY HOLDINGS
Source text for Eikon: ID:nBSEbmpqzZ
Further company coverage: JIND.NS
(([email protected];;))
India's Jindal Saw rises on stock-split proposal
** Shares of Jindal Saw JIND.NS rise as much as 8.2% to 651.35 rupees, best day in over 4 months; last up 5.6%
** Iron and steel pipe maker to consider sub-divison of shares on Aug. 14
** JIND on track to snap two-losing streak; had gained 19% in July for best month since April 2024
** Stock up ~55% YTD; had jumped nearly four times in 2023 for fourth straight year of gains
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Jindal Saw JIND.NS rise as much as 8.2% to 651.35 rupees, best day in over 4 months; last up 5.6%
** Iron and steel pipe maker to consider sub-divison of shares on Aug. 14
** JIND on track to snap two-losing streak; had gained 19% in July for best month since April 2024
** Stock up ~55% YTD; had jumped nearly four times in 2023 for fourth straight year of gains
(Reporting by Dimpal Gulwani in Bengaluru)
India's Jindal SAW hits record high after quarterly profit jump
** Shares of Jindal SAW JIND.NS rise 5% to record high of 634 rupees
** Pipe supplier's Q1 profit jumped 67%, while rev rose 12%
** JIND on track to sixth straight day of gains, if trend holds
** Shares see second-busiest day in over a week, with more than 1.9 mln shares traded
** Stock up 53% YTD, after climbing ~297% in 2023
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Jindal SAW JIND.NS rise 5% to record high of 634 rupees
** Pipe supplier's Q1 profit jumped 67%, while rev rose 12%
** JIND on track to sixth straight day of gains, if trend holds
** Shares see second-busiest day in over a week, with more than 1.9 mln shares traded
** Stock up 53% YTD, after climbing ~297% in 2023
(Reporting by Aleef Jahan in Bengaluru)
Jindal Saw Q1 Consol Net PAT 4.41 Billion Rupees
July 29 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW Q1 CONSOL NET PAT 4.41 BILLION RUPEES
JINDAL SAW Q1 CONSOL REVENUE FROM OPERATIONS 49.39 BILLION RUPEES
Source text for Eikon: ID:nBSE1Pg4pC
Further company coverage: JIND.NS
(([email protected];))
July 29 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW Q1 CONSOL NET PAT 4.41 BILLION RUPEES
JINDAL SAW Q1 CONSOL REVENUE FROM OPERATIONS 49.39 BILLION RUPEES
Source text for Eikon: ID:nBSE1Pg4pC
Further company coverage: JIND.NS
(([email protected];))
Jindal Saw Dividend 4 Rupees Per Share
May 7 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW LTD - DIVIDEND 4 RUPEES PER SHARE
Source text for Eikon: ID:nNSE20R7sD
Further company coverage: JIND.NS
(([email protected];))
May 7 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW LTD - DIVIDEND 4 RUPEES PER SHARE
Source text for Eikon: ID:nNSE20R7sD
Further company coverage: JIND.NS
(([email protected];))
India's Jindal Saw rises on bulk deal
** Shares of Jindal Saw JIND.NS up 2.2% after climbing as much as 6.3% earlier in the session to a record high of 558.5 rupees
** About 2.4 million shares of the pipe supplier change hands in bulk deal on Tuesday, National Stock Exchange data shows
** Shares traded at 521 rupees/shr - 0.8% discount to stock's last close
** JIND set to rise for a seventh straight quarter
** Stock has been above its 100-day, and 200-day simple moving avgs since Nov. 2022, indicating bullish sentiment
** Stock rose 4X in 2023, its second-highest yearly gain since its listing in 1994
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Jindal Saw JIND.NS up 2.2% after climbing as much as 6.3% earlier in the session to a record high of 558.5 rupees
** About 2.4 million shares of the pipe supplier change hands in bulk deal on Tuesday, National Stock Exchange data shows
** Shares traded at 521 rupees/shr - 0.8% discount to stock's last close
** JIND set to rise for a seventh straight quarter
** Stock has been above its 100-day, and 200-day simple moving avgs since Nov. 2022, indicating bullish sentiment
** Stock rose 4X in 2023, its second-highest yearly gain since its listing in 1994
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Jindal SAW hits record high on Q3 profit surge
** Shares of India's Jindal SAW JIND.NS jumps nearly 3% to record high of 529.90 rupees
** Pipe supplier's Q3 profit more than doubled, while rev from ops rose 10%
** Stock eyeing seventh straight qtr of gains
** About 5.3 mln shares changed hands in busiest day since July 17, 2023
** JIND has risen ~26% so far this yr after ~298% surge in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Jindal SAW JIND.NS jumps nearly 3% to record high of 529.90 rupees
** Pipe supplier's Q3 profit more than doubled, while rev from ops rose 10%
** Stock eyeing seventh straight qtr of gains
** About 5.3 mln shares changed hands in busiest day since July 17, 2023
** JIND has risen ~26% so far this yr after ~298% surge in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Jindal SAW Approves Raising Of Funds Upto 10 Billion Rupees
Dec 14 (Reuters) - Jindal SAW Ltd JIND.NS:
APPROVED RAISING OF FUNDS UPTO 10 BILLION RUPEES
APPROVED RAISING OF FUNDS VIA ISSUANCE OF EQUITY SHARES AND/OR OTHER SECURITIES CONVERTIBLE INTO EQUITY SHARES
TO RAISE FUNDS VIA QUALIFIED INSTITUTIONS PLACEMENT OR THROUGH OTHER PERMISSIBLE MODE
Source text for Eikon: ID:nNSE8FWCff
Further company coverage: JIND.NS
(([email protected];))
Dec 14 (Reuters) - Jindal SAW Ltd JIND.NS:
APPROVED RAISING OF FUNDS UPTO 10 BILLION RUPEES
APPROVED RAISING OF FUNDS VIA ISSUANCE OF EQUITY SHARES AND/OR OTHER SECURITIES CONVERTIBLE INTO EQUITY SHARES
TO RAISE FUNDS VIA QUALIFIED INSTITUTIONS PLACEMENT OR THROUGH OTHER PERMISSIBLE MODE
Source text for Eikon: ID:nNSE8FWCff
Further company coverage: JIND.NS
(([email protected];))
Jindal Saw To Consider Proposal Of Raising Of Funds
Dec 7 (Reuters) - Jindal SAW Ltd JIND.NS:
TO CONSIDER AND APPROVE PROPOSAL OF RAISING OF FUNDS
TO CONSIDER FUND RAISE ALSO VIA QUALIFIED INSTITUTIONS PLACEMENT
Source text for Eikon: ID:nBSE90s40f
Further company coverage: JIND.NS
(([email protected];))
Dec 7 (Reuters) - Jindal SAW Ltd JIND.NS:
TO CONSIDER AND APPROVE PROPOSAL OF RAISING OF FUNDS
TO CONSIDER FUND RAISE ALSO VIA QUALIFIED INSTITUTIONS PLACEMENT
Source text for Eikon: ID:nBSE90s40f
Further company coverage: JIND.NS
(([email protected];))
India's Jindal Saw Ltd Sept-Quarter Consol Net Profit After Tax Rises
Oct 26 (Reuters) - Jindal SAW Ltd JIND.NS:
SEPT-QUARTER CONSOL NET PAT 3.76 BILLION RUPEES VERSUS PROFIT 594.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 54.66 BILLION RUPEES VERSUS 40.44 BILLION RUPEES
Source text for Eikon: ID:nBSE8MPZf3
Further company coverage: JIND.NS
(([email protected];))
Oct 26 (Reuters) - Jindal SAW Ltd JIND.NS:
SEPT-QUARTER CONSOL NET PAT 3.76 BILLION RUPEES VERSUS PROFIT 594.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 54.66 BILLION RUPEES VERSUS 40.44 BILLION RUPEES
Source text for Eikon: ID:nBSE8MPZf3
Further company coverage: JIND.NS
(([email protected];))
Jindal Saw Designates Shradha Jatia As Joint MD
Aug 29 (Reuters) - Jindal SAW Ltd JIND.NS:
DESIGNATED SHRADHA JATIA AS JOINT MD
DESIGNATED TRIPTI ARYA AS JOINT MD
Source text for Eikon: ID:nBSE3xBfbY
Further company coverage: JIND.NS
(([email protected];))
Aug 29 (Reuters) - Jindal SAW Ltd JIND.NS:
DESIGNATED SHRADHA JATIA AS JOINT MD
DESIGNATED TRIPTI ARYA AS JOINT MD
Source text for Eikon: ID:nBSE3xBfbY
Further company coverage: JIND.NS
(([email protected];))
Jindal Saw June-Quarter Consol Net PAT Surges
Aug 11 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW LTD JUNE-QUARTER CONSOL NET PAT 2.63 BILLION RUPEES VERSUS 48.5 MILLION RUPEES
JINDAL SAW LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 44.10 BILLION RUPEES VERSUS 34.78 BILLION RUPEES
Source text for Eikon: ID:nBSE8t1T4d
Further company coverage: JIND.NS
(([email protected];))
Aug 11 (Reuters) - Jindal SAW Ltd JIND.NS:
JINDAL SAW LTD JUNE-QUARTER CONSOL NET PAT 2.63 BILLION RUPEES VERSUS 48.5 MILLION RUPEES
JINDAL SAW LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 44.10 BILLION RUPEES VERSUS 34.78 BILLION RUPEES
Source text for Eikon: ID:nBSE8t1T4d
Further company coverage: JIND.NS
(([email protected];))
India's Jindal SAW falls after Cresta Fund sells stake
** Shares of Jindal SAW Ltd JIND.NS fall as much as 2.8% to 335.95
** Fall after U.S. investment fund Cresta Fund sold 2.5 mln shares of co aggregating to 0.78% stake at an avg price of 330.01 rupees per share
** Over 1.4 mln shares change hands by 02:09 p.m. IST, 0.9x the 30-day moving avg
** Stock up 226% in 2023 so far compared to over 9% rise in benchmark Nifty 50 index .NSEI
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Jindal SAW Ltd JIND.NS fall as much as 2.8% to 335.95
** Fall after U.S. investment fund Cresta Fund sold 2.5 mln shares of co aggregating to 0.78% stake at an avg price of 330.01 rupees per share
** Over 1.4 mln shares change hands by 02:09 p.m. IST, 0.9x the 30-day moving avg
** Stock up 226% in 2023 so far compared to over 9% rise in benchmark Nifty 50 index .NSEI
(Reporting by Kashish Tandon in Bengaluru)
India's Jindal SAW surges to over 12-year high on robust Q4 profit
** Shares of Jindal SAW Ltd JIND.NS rise as much as 13.41% to 198.35 rupees, highest level since October 2010
** The iron and steel pipes and pellets maker reports consolidated net profit after tax almost tripled Y/Y to 2.94 bln rupees in the March quarter nFWN37E02N
** Revenue from operations up 31% at 51.88 bln rupees
** Co also gives an in-principle approval to dispose off its unit - Green Ray Holdings in United Kingdom and its subsidiary, Derwent Sand SARL nFWN37E0GI
** Stock is most active in nearly two years, with a trading volume of 14.75 mln shares as of 10:50 a.m. IST, nearly eight times the 30-day avg - Refinitiv data
** The relative strength index is at 75, suggesting the stock may be overbought
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Jindal SAW Ltd JIND.NS rise as much as 13.41% to 198.35 rupees, highest level since October 2010
** The iron and steel pipes and pellets maker reports consolidated net profit after tax almost tripled Y/Y to 2.94 bln rupees in the March quarter nFWN37E02N
** Revenue from operations up 31% at 51.88 bln rupees
** Co also gives an in-principle approval to dispose off its unit - Green Ray Holdings in United Kingdom and its subsidiary, Derwent Sand SARL nFWN37E0GI
** Stock is most active in nearly two years, with a trading volume of 14.75 mln shares as of 10:50 a.m. IST, nearly eight times the 30-day avg - Refinitiv data
** The relative strength index is at 75, suggesting the stock may be overbought
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
India's Jindal Saw March-Quarter Consol Net Pat Rises
May 17 (Reuters) - Jindal SAW Ltd JIND.NS:
MARCH-QUARTER CONSOL NET PAT 2.94 BILLION RUPEES VERSUS 1.22 BILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 51.88 BILLION RUPEES VERSUS 39.70 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: JIND.NS
(([email protected];))
May 17 (Reuters) - Jindal SAW Ltd JIND.NS:
MARCH-QUARTER CONSOL NET PAT 2.94 BILLION RUPEES VERSUS 1.22 BILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 51.88 BILLION RUPEES VERSUS 39.70 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: JIND.NS
(([email protected];))
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What does Jindal Saw do?
Jindal Saw Ltd. is a leading Indian company in the manufacturing sector, specializing in submerged arc welded pipes and other related products like Large Diameter Pipes, Line Pipes, and Ductile Iron Pipes since its establishment in 1984.
Who are the competitors of Jindal Saw?
Jindal Saw major competitors are Ratnamani Metals, Welspun Corp, Maharashtra Seamless, Surya Roshni, JTL Industries, Venus Pipes & Tubes, Goodluck India. Market Cap of Jindal Saw is ₹17,321 Crs. While the median market cap of its peers are ₹5,838 Crs.
Is Jindal Saw financially stable compared to its competitors?
Jindal Saw seems to be less financially stable compared to its competitors. Altman Z score of Jindal Saw is 3.15 and is ranked 8 out of its 8 competitors.
Does Jindal Saw pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Jindal Saw latest dividend payout ratio is 7.63% and 3yr average dividend payout ratio is 12.69%
How has Jindal Saw allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Jindal Saw balance sheet?
Balance sheet of Jindal Saw is strong. But short term working capital might become an issue for this company.
Is the profitablity of Jindal Saw improving?
Yes, profit is increasing. The profit of Jindal Saw is ₹1,831 Crs for TTM, ₹1,677 Crs for Mar 2024 and ₹644 Crs for Mar 2023.
Is the debt of Jindal Saw increasing or decreasing?
Yes, The debt of Jindal Saw is increasing. Latest debt of Jindal Saw is ₹4,585 Crs as of Sep-24. This is greater than Mar-24 when it was ₹3,798 Crs.
Is Jindal Saw stock expensive?
Jindal Saw is not expensive. Latest PE of Jindal Saw is 8.89, while 3 year average PE is 10.48. Also latest EV/EBITDA of Jindal Saw is 6.06 while 3yr average is 6.51.
Has the share price of Jindal Saw grown faster than its competition?
Jindal Saw has given better returns compared to its competitors. Jindal Saw has grown at ~84.5% over the last 2yrs while peers have grown at a median rate of 21.98%
Is the promoter bullish about Jindal Saw?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Jindal Saw is 63.28% and last quarter promoter holding is 63.28%.
Are mutual funds buying/selling Jindal Saw?
The mutual fund holding of Jindal Saw is decreasing. The current mutual fund holding in Jindal Saw is 3.77% while previous quarter holding is 4.0%.