JINDALSAW - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.0
| Stock Code | JINDALSAW | Market Cap | 11,963 Cr. | Current Price | 187 ₹ | High / Low | 286 ₹ |
| Stock P/E | 10.4 | Book Value | 192 ₹ | Dividend Yield | 1.07 % | ROCE | 20.9 % |
| ROE | 17.4 % | Face Value | 1.00 ₹ | DMA 50 | 174 ₹ | DMA 200 | 200 ₹ |
| Chg in FII Hold | -1.26 % | Chg in DII Hold | -0.85 % | PAT Qtr | 227 Cr. | PAT Prev Qtr | 79.3 Cr. |
| RSI | 61.8 | MACD | 4.16 | Volume | 23,93,453 | Avg Vol 1Wk | 27,24,305 |
| Low price | 153 ₹ | High price | 286 ₹ | PEG Ratio | 0.16 | Debt to equity | 0.28 |
| 52w Index | 25.5 % | Qtr Profit Var | -52.5 % | EPS | 17.9 ₹ | Industry PE | 19.5 |
📊 Jindal Saw (JINDALSAW) shows strong fundamentals with attractive valuations (P/E 10.4 vs. industry 19.5), high ROCE (20.9%) and ROE (17.4%), and low debt-to-equity (0.28). Technically, the stock is trading above its 50 DMA (174 ₹) but below the 200 DMA (200 ₹), with RSI at 61.8 indicating bullish momentum and MACD at 4.16 confirming positive trend. Despite recent profit volatility, the stock remains a good candidate for swing trading with upside potential.
💡 Optimal Entry Price: Around 180 ₹ – 188 ₹ (near 50 DMA support).
🚪 Exit Strategy: If already holding, consider exiting near 198 ₹ – 205 ₹ (resistance around 200 DMA) or place a stop-loss below 175 ₹.
✅ Positive
- Attractive valuation with P/E of 10.4 vs. industry average of 19.5.
- Strong ROCE (20.9%) and ROE (17.4%) highlight efficient capital use.
- Low debt-to-equity ratio (0.28) ensures financial stability.
- Dividend yield of 1.07% adds investor confidence.
- EPS of 17.9 ₹ provides earnings visibility.
⚠️ Limitation
- Stock trading below 200 DMA (200 ₹) indicates medium-term weakness.
- Quarterly profit variation (-52.5%) shows earnings volatility.
- Trading volume (23.9 lakh) slightly below average (27.2 lakh), showing reduced activity.
📉 Company Negative News
- Decline in FII holding (-1.26%) and DII holding (-0.85%) reflects reduced institutional confidence.
- Stock significantly below 52-week high (286 ₹), showing weakness in price action.
📈 Company Positive News
- Quarterly PAT improved sharply from 79.3 Cr. to 227 Cr., showing earnings recovery.
- PEG ratio of 0.16 suggests undervaluation relative to growth potential.
- Stock trading above 50 DMA indicates short-term bullishness.
🏭 Industry
- Industry PE at 19.5 vs. JINDALSAW PE at 10.4 suggests undervaluation compared to peers.
- Steel and pipe manufacturing sector benefits from infrastructure demand but faces cyclical pressures.
🔎 Conclusion
Jindal Saw is fundamentally strong with attractive valuations and improving profits, though technicals show resistance near 200 DMA and institutional confidence has weakened. Swing traders may enter near 180 ₹ – 188 ₹ with a target around 198 ₹ – 205 ₹. Stop-loss below 175 ₹ is recommended. The stock offers good swing trade potential with a rating of 4.0.