NSE: JINDALSAW · 26 October 2026
- Jindal Saw has fallen 14.28% over 3 trading sessions; today's move is -0.15%.
- Jindal Saw Limited submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The standalone total income for the quarter reached ₹3,881.36 crores with a net profit after tax of ₹70.69 crores. Operational highlights noted that export operations to the Middle East remained impacted by regional instability.
- Trading volume was 0.81 times the 20-day average daily volume.
Jindal Saw share price: 14.28% decline over 3 trading sessions
Jindal Saw Ltd. (JINDALSAW) edged down by 0.15% to close at ₹231.80 on October 26, 2026, compared to its previous close of ₹232.15. The stock opened at ₹230.00 and moved within a relatively tight intraday range of ₹229.15 to ₹236.60.
While the broader market and sectoral sentiment reflected strength—with the Nifty gaining 0.68% and the Nifty Metal sector benchmark advancing 2.21%—Jindal Saw underperformed its peers on a short-term basis. The stock's performance continues to reflect lingering pressure from its recent 5-day return decline of 23.13% and a 20-day return drop of 18.12%, following a prior session return of -6.99%.
On the corporate front, the company recently submitted its financial results for the quarter ended September 30, 2026, reporting a total standalone income of ₹3,881.36 crores and a net profit after tax of ₹70.69 crores. Operational updates highlighted ongoing headwinds in export markets due to Middle East geopolitical instability affecting the MENA region, alongside domestic water pipe supply delays tied to JJM-related cash flow constraints. These fundamental updates provide context for the company's recent operational environment, though no single confirmed catalyst directly triggered today's marginal price movement.
15.18 lakh shares traded by 26 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 18.71 lakh shares (0.81 times). The five-day average daily volume was 32.79 lakh shares. Separately, the NSE report for 23 October 2026 showed 13.45 lakh shares delivered, representing 46.26% of that day’s traded volume. The same report recorded 67,241 trades.
The stock experienced a negligible decline of 0.15% on subdued volume (0.81x of 20-day average) following significant recent weakness, pointing toward consolidation rather than a reaction to a specific single event.
Latest Company Developments
Jindal Saw Limited submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The standalone total income for the quarter reached ₹3,881.36 crores with a net profit after tax of ₹70.69 crores. Operational highlights noted that export operations to the Middle East remained impacted by regional instability.
Provides updated financial and operational metrics to assess the company's margin pressures and revenue realization trends.
Brickwork Ratings reaffirmed its BWR AA rating with a Stable outlook for the company's non-convertible debentures amounting to ₹500.00 crores. The rating indicates a high degree of safety regarding the timely servicing of financial obligations.
Maintains market confidence in the company's creditworthiness and debt-servicing capabilities.
CARE Ratings reaffirmed its CARE AA (Stable) rating for long-term debt facilities and Non-Convertible Debentures, alongside reaffirming CARE A1+ for short-term debt and commercial paper facilities. The review incorporated operational and financial performance figures through FY26 and Q1 FY27.
Validates the company's financial stability and short-term liquidity management across credit agencies.
Jindal Saw Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Siddeshwari Tradex Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 8.32% on 30 September 2026. This compares with 6.59% on 30 June 2026, a change of +1.73 percentage points.
The filing reported 75 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress of the standalone order book standing at approximately USD 1,135 million for pipes and pellets
- Developments regarding the resolution of the JITF versus NTPC legal dispute before the Delhi High Court
- Potential normalization of export operations and shipments to the MENA region amidst regional geopolitical conditions
- Cash flow improvements and execution timelines related to domestic JJM water pipe projects
More Jindal Saw news and dated analysis →
Frequently Asked Questions
What is the latest Jindal Saw company news?
Jindal Saw Limited submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The standalone total income for the quarter reached ₹3,881.36 crores with a net profit after tax of ₹70.69 crores. Operational highlights noted that export operations to the Middle East remained impacted by regional instability.
How strong was Jindal Saw’s trading volume?
15.18 lakh shares traded, 0.81 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.