Recent Price Movement and Market Context
On 24 Nov 2025, Jindal Saw’s stock price touched Rs.161.5, the lowest level in the past year. This decline comes despite a broadly positive market environment, with the Sensex opening 88.12 points higher and trading at 85,400.21, just 0.47% shy of its own 52-week high of 85,801.70. The benchmark index has been on a three-week consecutive rise, gaining 2.62% during this period, supported by strong performances from mega-cap stocks.
In contrast, Jindal Saw underperformed its sector by 1.32% today and has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a persistent bearish momentum. The stock’s 52-week high was Rs.342.65, highlighting the extent of the decline over the past year.
Performance Over the Past Year
Over the last 12 months, Jindal Saw’s stock has recorded a negative return of 45.25%, a stark contrast to the Sensex’s positive return of 7.94% and the broader BSE500 index’s 6.72% gain. This divergence underscores the challenges faced by the company relative to the overall market and its peers in the Iron & Steel Products sector.
The stock’s underperformance is accompanied by a decline in profitability, with reported profits falling by 30.5% over the same period. This combination of price and earnings contraction has contributed to the stock’s subdued market valuation.
Our current monthly pick, this Mid Cap from Automobile Two & Three Wheelers, survived rigorous evaluation against dozens of contenders. See why experts are backing this one!
- - Rigorous evaluation cleared
- - Expert-backed selection
- - Mid Cap conviction pick
Financial Results and Profitability Trends
Jindal Saw’s recent quarterly results have reflected a challenging operating environment. The company reported a decline in net sales by 15.22% in the quarter ending September 2025. This marks the third consecutive quarter of negative results, following a similar pattern in the previous two quarters and continuing a trend that began after nine consecutive quarters of losses prior to March 2025.
The operating profit to interest coverage ratio for the quarter stood at 2.95 times, indicating tighter margins for servicing debt obligations. Profit after tax (PAT) for the quarter was Rs.151.89 crore, representing a 64.7% reduction compared to the average of the previous four quarters. Additionally, the dividend payout ratio (DPR) for the year was recorded at 6.82%, the lowest level observed in recent periods.
Valuation and Long-Term Growth Metrics
Despite the recent setbacks, Jindal Saw’s operating profit has shown a compound annual growth rate of 22.13% over the longer term. The company’s return on capital employed (ROCE) stands at 12.8%, which is considered attractive within the sector. Furthermore, the enterprise value to capital employed ratio is 0.9, suggesting that the stock is trading at a discount relative to its peers’ historical valuations.
These valuation metrics indicate that while the stock has experienced significant price and profit contractions recently, certain fundamental measures remain comparatively favourable.
Jindal Saw or something better? Our SwitchER feature analyzes this small-cap Iron & Steel Products stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Shareholding and Market Capitalisation
Jindal Saw’s majority shareholding remains with promoters, maintaining a stable ownership structure. The company’s market capitalisation grade is rated at 3, reflecting its mid-cap status within the Iron & Steel Products sector. The stock’s day change today was negative by 0.95%, continuing the recent trend of price pressure.
While the broader market and sector indices have shown resilience and positive momentum, Jindal Saw’s stock continues to face headwinds, as evidenced by its current trading levels and financial performance.
Sector and Market Comparison
The Iron & Steel Products sector has experienced mixed performance in recent months, with some companies benefiting from improved demand and pricing conditions. However, Jindal Saw’s results and stock price trajectory have diverged from this trend, reflecting company-specific factors impacting its financial outcomes.
The Sensex’s current bullish stance, trading above its 50-day and 200-day moving averages, contrasts with Jindal Saw’s position below all key moving averages. This divergence highlights the stock’s relative weakness within the broader market context.
Summary of Key Metrics
To summarise, Jindal Saw’s stock has reached Rs.161.5, its lowest level in 52 weeks, following a three-day losing streak and a year-long decline of 45.25%. The company’s net sales and profits have contracted over recent quarters, with profitability ratios reflecting tighter margins. Despite these challenges, certain long-term growth indicators and valuation metrics remain comparatively positive.
Investors and market participants will continue to monitor the stock’s performance in relation to sector trends and broader market movements.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
