Jindal Saw Shows Strong Relative Performance Amid Mixed Short-Term Trends

Jindal Saw, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has shown notable activity today, gaining 5.41% on March 18, 2025. The stock outperformed its sector, which rose by 2.29%, indicating a strong performance relative to industry peers. Jindal Saw reached an intraday high of Rs 264.85, reflecting a 4.95% increase during the trading session.
In terms of moving averages, Jindal Saw is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. This suggests a mixed trend in the stock's short-term performance.

Over the past year, Jindal Saw has delivered a robust return of 27.39%, significantly outperforming the Sensex, which has gained only 3.51% in the same period. However, the stock has faced challenges in the shorter term, with a year-to-date decline of 9.00%. In contrast, its long-term performance remains impressive, with a staggering 472.66% increase over the past three years and an 877.94% rise over the last five years.