JINDALSAW - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.4
| Stock Code | JINDALSAW | Market Cap | 12,082 Cr. | Current Price | 189 ₹ | High / Low | 286 ₹ |
| Stock P/E | 10.6 | Book Value | 192 ₹ | Dividend Yield | 1.06 % | ROCE | 20.9 % |
| ROE | 17.4 % | Face Value | 1.00 ₹ | DMA 50 | 182 ₹ | DMA 200 | 196 ₹ |
| Chg in FII Hold | -1.26 % | Chg in DII Hold | -0.85 % | PAT Qtr | 227 Cr. | PAT Prev Qtr | 79.3 Cr. |
| RSI | 53.0 | MACD | 3.72 | Volume | 26,91,196 | Avg Vol 1Wk | 1,03,31,105 |
| Low price | 153 ₹ | High price | 286 ₹ | PEG Ratio | 0.16 | Debt to equity | 0.28 |
| 52w Index | 27.2 % | Qtr Profit Var | -52.5 % | EPS | 17.9 ₹ | Industry PE | 17.9 |
📊 Jindal Saw (JINDALSAW) shows moderately favorable conditions for swing trading. The RSI at 53.0 indicates neutral momentum, while the MACD (3.72) is positive, suggesting mild bullishness. The stock is trading above its 50 DMA (182 ₹) but slightly below its 200 DMA (196 ₹), reflecting mixed signals. The optimal entry price would be around 185–190 ₹. If already holding, consider exiting near 205–215 ₹, where resistance is expected, unless momentum strengthens further.
✅ Positive
- Attractive P/E ratio (10.6) compared to industry average (17.9).
- PEG ratio of 0.16 suggests strong valuation relative to growth.
- Strong ROCE (20.9%) and ROE (17.4%) indicate efficient capital use.
- Dividend yield of 1.06% provides modest income.
- Book value of 192 ₹ supports valuation strength.
⚠️ Limitation
- Stock trading below 200 DMA, showing limited long-term strength.
- Quarterly profit variation at -52.5% signals earnings volatility.
- FII holdings decreased (-1.26%) and DII holdings decreased (-0.85%), showing reduced institutional confidence.
- Volume lower than 1-week average, indicating weaker participation.
📉 Company Negative News
- Quarterly PAT dropped from 227 Cr. to 79.3 Cr.
- Institutional investors reducing stakes.
- Stock price significantly below 52-week high of 286 ₹.
📈 Company Positive News
- EPS of 17.9 ₹ shows consistent earnings power.
- Strong ROCE and ROE highlight operational efficiency.
- Stock trading well above 52-week low of 153 ₹, showing recovery potential.
🏭 Industry
- Industry PE at 17.9 vs. JINDALSAW’s PE of 10.6 suggests undervaluation.
- Steel and pipe manufacturing sector benefits from infrastructure and industrial demand.
🔎 Conclusion
Jindal Saw has attractive valuation and strong fundamentals but faces earnings volatility and reduced institutional support. For swing trading, entry near 185–190 ₹ could be favorable. Exit strategy should target 205–215 ₹ unless momentum strengthens. Long-term investors may hold for infrastructure-driven growth, while short-term traders should remain cautious due to profit variability and technical weakness.