Jindal Saw Stock Falls to 52-Week Low of Rs.161.5 Amid Continued Downtrend

Recent Price Movement and Market Context

On 24 Nov 2025, Jindal Saw's stock price touched Rs.161.5, the lowest level recorded in the past year. This decline comes after three consecutive days of losses, during which the stock has shed approximately 3.21% of its value. The day’s performance showed a drop of 0.95%, underperforming the iron and steel products sector by 1.32%. Notably, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent bearish trend.

In contrast, the broader market has exhibited resilience. The Sensex opened 88.12 points higher and is currently trading at 85,400.21, up 0.2% on the day. The index is approaching its 52-week high of 85,801.70, standing just 0.47% below that peak. The Sensex has recorded a three-week consecutive rise, gaining 2.62% over this period, supported by strong performances from mega-cap stocks. The index is also trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a bullish market environment.

Long-Term Price Performance

Over the past year, Jindal Saw's stock has declined by 45.25%, a stark contrast to the Sensex’s 7.94% gain during the same period. The stock’s 52-week high was Rs.342.65, highlighting the extent of the recent price erosion. This underperformance is also evident when compared to the BSE500 index, which has generated returns of 6.72% over the last year, further emphasising the stock’s relative weakness.

Financial Performance and Profitability Trends

Jindal Saw has reported a decline in net sales by 15.22% in the quarter ending September 2025. The company has posted negative results for three consecutive quarters, including the quarter ended March 2025, which marked the tenth consecutive quarter of negative results. This sequence of financial outcomes has contributed to the subdued market sentiment surrounding the stock.

The company’s operating profit to interest ratio for the quarter stands at 2.95 times, the lowest recorded in recent periods. Profit after tax (PAT) for the quarter was Rs.151.89 crore, reflecting a fall of 64.7% compared to the average of the previous four quarters. Additionally, the dividend payout ratio (DPR) for the year is at a low 6.82%, indicating restrained shareholder returns amid the challenging financial environment.

Valuation and Operational Metrics

Despite the recent financial setbacks, Jindal Saw maintains a return on capital employed (ROCE) of 12.8%, which is considered attractive within the iron and steel products sector. The company’s enterprise value to capital employed ratio is 0.9, suggesting that the stock is trading at a discount relative to its peers’ historical valuations. Operating profit has exhibited a compound annual growth rate of 22.13% over the longer term, signalling underlying business strength despite recent quarterly results.

However, the company’s profits have declined by 30.5% over the past year, aligning with the downward trend in its stock price. The majority shareholding remains with promoters, indicating stable ownership structure.

Sector and Market Comparison

The iron and steel products sector has experienced mixed performance in recent months, with some companies showing resilience while others face headwinds. Jindal Saw’s stock has notably lagged behind sector averages, reflecting company-specific challenges. The broader market’s positive trajectory, as seen in the Sensex’s gains and bullish moving averages, contrasts with the stock’s subdued momentum.

Jindal Saw’s current share price level at Rs.161.5 is significantly below its 52-week high of Rs.342.65, underscoring the extent of the correction. The stock’s position below all major moving averages further highlights the prevailing downward pressure.

Summary of Key Metrics

To summarise, Jindal Saw’s recent stock performance is characterised by:

• A 52-week low price of Rs.161.5 reached on 24 Nov 2025


• Three consecutive days of price decline, totalling a 3.21% loss


• Net sales contraction of 15.22% in the latest quarter


• Profit after tax at Rs.151.89 crore, down 64.7% from recent quarterly averages


• Operating profit to interest ratio at 2.95 times, the lowest recorded


• Dividend payout ratio at 6.82%, reflecting limited shareholder returns


• Return on capital employed at 12.8%, indicating reasonable capital efficiency


• Enterprise value to capital employed ratio of 0.9, suggesting valuation discount


• One-year stock return of -45.25%, compared to Sensex’s 7.94% gain

These figures provide a comprehensive view of the stock’s current standing within the iron and steel products sector and the broader market context.

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