Jindal Saw Faces Mixed Trends Amid Broader Market Fluctuations and Long-Term Growth

Jindal Saw, a midcap player in the Steel/Sponge Iron/Pig Iron industry, experienced a notable decline of 5.13% on March 25, 2025. This performance underperformed the broader market, as the Sensex recorded a slight decrease of 0.02% after initially opening higher. Jindal Saw's stock reached an intraday low of Rs 268.15, reflecting a drop of 4.86% during the trading session.
In terms of moving averages, Jindal Saw's stock is currently above its 5-day, 20-day, and 50-day moving averages, yet it remains below the 100-day and 200-day moving averages, indicating mixed short- to medium-term trends. Over the past week, the stock has gained 0.60%, contrasting with the Sensex's 3.54% increase.

Looking at longer-term performance, Jindal Saw has shown resilience with a 22.93% increase over the past year, significantly outperforming the Sensex's 7.05% gain. However, year-to-date, the stock is down 8.52%, while the Sensex has only dipped 0.22%. Over three, five, and ten years, Jindal Saw has demonstrated remarkable growth, with increases of 469.85%, 1081.88%, and 824.46%, respectively, compared to the Sensex's more modest gains.