Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

According to the technical analyst from Anand Rathi, JINDALSAW has seen a strong resurgence in the last two sessions backed by robust volumes indicating soaring demand at lower levels

Here’s why Mehul Kothari recommends buying Hikal, Jindal Saw

P R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.

Jindal Saw likely to acquire Sathavahana Ispat under the IBC route

Jindal Saw consolidated net profit rises 53.55% in the September 2021 quarter

Jindal Saw was awarded a contract for carrying out the repair and maintenance of manufacturing facilities of Sathavahana Ispat by Resolution Professional under appointed under the Insolvency and Bankruptcy Code, 2016.

Jindal Saw bags a deal for repairing and maintaining facilities of Sathavahana Ispat

The contract was by Resolution Professional appointed under the Insolvency and Bankruptcy Code, 2016.

Jindal Saw bags contract for repair and maintenance of Sathavahana Ispat facilities

The rating on long-term bank facilities has been reaffirmed at CARE AA; Negative.

CARE Ratings reaffirms credit ratings of Jindal Saw; Stock ends higher

Havells India Ltd, Gabriel India Ltd, Jindal Saw Ltd and Suprajit Engineering Ltd are among the other losers in the BSE’s ‘A’ group today, 25 August 2021.

Star Cement Ltd leads losers in ‘A’ group

Here we take a look at the quarterly performance of some of the midcap companies like Nazara Tech, Rossari Biotech, Jindal SAW and Rain Industries. Take a look.

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Earnings Analysis: Nazara Tech, Rossari Biotech, Jindal SAW, Rain Industries | Bazaar Open Exchange

Jindal Saw standalone net profit rises 1378.56% in the June 2021 quarter

Jindal Saw reports consolidated net profit of Rs 152.10 crore in the June 2021 quarter

Jindal Saw Ltd, GFL Ltd, L G Balakrishnan & Bros Ltd and CCL Products (India) Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 July 2021.

Automotive Axles Ltd leads gainers in ‘A’ group

Jindal Saw Limited is engaged in the manufacture and supply of tube and tube fittings of basic iron and steel, and mining of iron ores.

Jindal SAW Ltd

Jindal SAW Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Here’s why Mehul Kothari recommends buying Hikal, Jindal Saw

Jindal Saw likely to acquire Sathavahana Ispat under the IBC route

Jindal Saw consolidated net profit rises 53.55% in the September 2021 quarter

Jindal Saw bags a deal for repairing and maintaining facilities of Sathavahana Ispat

Jindal Saw bags contract for repair and maintenance of Sathavahana Ispat facilities

CARE Ratings reaffirms credit ratings of Jindal Saw; Stock ends higher

Star Cement Ltd leads losers in ‘A’ group

Jindal SAW Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Here’s why Mehul Kothari recommends buying Hikal, Jindal Saw

Jindal Saw likely to acquire Sathavahana Ispat under the IBC route

Jindal Saw consolidated net profit rises 53.55% in the September 2021 quarter

Jindal Saw bags a deal for repairing and maintaining facilities of Sathavahana Ispat

Jindal Saw bags contract for repair and maintenance of Sathavahana Ispat facilities

CARE Ratings reaffirms credit ratings of Jindal Saw; Stock ends higher

Star Cement Ltd leads losers in ‘A’ group

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock