Current price is less than the intrinsic value

Intrinsic Value

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

ROE 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

Stocks of pipe makers such as Jindal Saw, Maharashtra Seamless, Ratnamani Metals, and Welspun Corp, among others, are likely to gain in the mid-to-long term as analysts expect demand revival after four years of struggle. Besides strong domestic demand for water and oil grid pipelines, analysts expec…

Pipe makers poised for gains as demand revives after a lull in India & overseas

Over 250 stocks, including Wipro, Torrent Pharmaceuticals, Jindal Saw, Hindustan Zinc, Granules India, Aurobindo Pharma, Ashoka Buildcon, IDFC First Bank, and KEC International, touched their 52-week low on the BSE.

Taking Stock | Sell-off continues for fourth day; Nifty ends below 16,200, Sensex falls 276 pts

Jindal Saw consolidated net profit declines 80.78% in the December 2021 quarter

Jindal Saw standalone net profit declines 78.28% in the December 2021 quarter

BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

The initial investment in the joint venture, a 51:49 partnership where Jindal SAW is a majority shareholder, will be around $20-25 million and the potential annual market size for the product in India is close to $200 million, the statement said

Jindal SAW partners Hunting to build $25-m OCTG threading plant in Nashik

Steel pipes maker Jindal SAW forms joint venture with Hunting Energy Servics to set up OCTG threading plant in India. CNBC TV18 caught up with Daniel Tan of Hunting Energy & Neeraj Kumar of Jindal Saw to decode the key objectives behind this JV.

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Jindal Saw Limited Enters Into JV Agreement With Hunting Energy Services | Halftime Report

Jindal Saw Ltd clocked volume of 63.11 lakh shares by 14:19 IST on NSE, a 5.52 times surge over two-week average daily volume of 11.44 lakh shares

Volumes soar at Jindal Saw Ltd counter

Jindal SAW would hold 51 per cent stake in the JV, while Hunting Energy will own the remaining 49 per cent

Jindal SAW to set up precision machine shop in JV with Hunting Energy

A Joint Venture Company will be incorporated in India with 51% shareholding to be held by the company and the remaining 49% to be held by Hunting.

Jindal SAW enters into JVA with Singapore based Hunting Energy Services; Stock jumps 3.5%

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

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

ROE 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 long term average ROE 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

Pipe makers poised for gains as demand revives after a lull in India & overseas

Taking Stock | Sell-off continues for fourth day; Nifty ends below 16,200, Sensex falls 276 pts

Jindal Saw consolidated net profit declines 80.78% in the December 2021 quarter

Jindal Saw standalone net profit declines 78.28% in the December 2021 quarter

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

Jindal SAW partners Hunting to build $25-m OCTG threading plant in Nashik

News Video

Jindal Saw Limited Enters Into JV Agreement With Hunting Energy Services | Halftime Report

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

Pipe makers poised for gains as demand revives after a lull in India & overseas

Taking Stock | Sell-off continues for fourth day; Nifty ends below 16,200, Sensex falls 276 pts

Jindal Saw consolidated net profit declines 80.78% in the December 2021 quarter

Jindal Saw standalone net profit declines 78.28% in the December 2021 quarter

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

Jindal SAW partners Hunting to build $25-m OCTG threading plant in Nashik

News Video

Jindal Saw Limited Enters Into JV Agreement With Hunting Energy Services | Halftime Report

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

ROE 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 long term average ROE 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