Jindal Saw's Recent Gains Signal Potential Shift in Market Dynamics

Feb 13 2025 01:05 PM IST
share
Share Via
Jindal Saw, a midcap player in the Steel/Sponge Iron/Pig Iron industry, experienced a notable uptick on February 13, 2025, reversing a four-day decline. The stock outperformed its sector and the Sensex, although it remains below key moving averages, suggesting a mixed outlook for future performance.
Jindal Saw, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has shown notable activity today, gaining 5.14% on February 13, 2025. This performance marks a trend reversal for the stock, which had experienced four consecutive days of decline prior to today’s uptick. The stock reached an intraday high of Rs 247.45, reflecting a 5.12% increase at its peak.

In terms of market performance, Jindal Saw has outperformed its sector, which saw a gain of 2.72%, and has also surpassed the Sensex, which recorded a modest increase of 0.59%. Over the past month, Jindal Saw has delivered a performance of 2.39%, compared to the Sensex's 0.38%.

Despite today's gains, Jindal Saw is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed outlook in terms of longer-term trends. Investors will be keen to monitor how these dynamics evolve in the coming days as the stock navigates its recent performance fluctuations.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read