NSE: JINDALSAW · 27 October 2026
- Jindal Saw has fallen 17.51% over 5 trading sessions; today's move is +5.20%.
- Jindal Saw submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Standalone total income stood at ₹3,881 crores with a net profit after tax of ₹70.70 crores, while the order book for iron and steel pipes and pellets was reported at approximately $1,135 million. Management noted that export execution to the Middle East remains on hold due to regional conflicts, and domestic water pipe businesses experienced headwinds from JJM-related payment delays.
- Trading volume was 2.00 times the 20-day average daily volume.
Jindal Saw share price: 17.51% decline over 5 trading sessions
Jindal Saw Ltd. (JINDALSAW) shares moved 5.20% higher during the session, trading near the upper end of the day's range between ₹231.70 and ₹249.95 after opening at ₹231.85.
The broader market showed muted action as the Nifty slipped 0.02%, while the sector benchmark Nifty Metal rose 0.39%. Jindal Saw's positive momentum contrasts with its recent performance trajectory, which includes a 5-day return of -17.51% and a 20-day return of -14.59%, reflecting a technical recovery following prior multi-session weakness.
While no single same-day corporate announcement directly triggered today's upward movement, the stock continues to digest its recent quarterly disclosures and ongoing operational updates. Management previously highlighted that its standalone order book for iron and steel pipes and pellets stands at approximately $1,135 million, with execution spanned across the next 9 to 12 months, though export operations to the Middle East remain impacted by regional geopolitical headwinds.
38.13 lakh shares traded by 27 October 2026 · 02:55 PM IST. This compares with a 20-day average daily volume of 19.06 lakh shares (2.00 times). The five-day average daily volume was 28.71 lakh shares. Separately, the NSE report for 26 October 2026 showed 5.29 lakh shares delivered, representing 33.97% of that day’s traded volume. The same report recorded 34,772 trades.
The upward price action lacks a direct same-day corporate catalyst and is best interpreted as a technical recovery following a sharp 5-day correction of -17.51% and 20-day drop of -14.59%. High cash volume at 2.0 times the 20-day average supports heightened buying interest during the rebound.
Latest Company Developments
Jindal Saw submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Standalone total income stood at ₹3,881 crores with a net profit after tax of ₹70.70 crores, while the order book for iron and steel pipes and pellets was reported at approximately $1,135 million. Management noted that export execution to the Middle East remains on hold due to regional conflicts, and domestic water pipe businesses experienced headwinds from JJM-related payment delays.
Provides baseline visibility into the company's revenue generation, profitability margins, and order backlog execution capacity amidst ongoing geopolitical and domestic headwinds.
Brickwork Ratings reaffirmed its BWR AA with a Stable outlook for the company's non-convertible debentures of ₹500 crores. Earlier in September 2026, CARE Ratings also reaffirmed its CARE A1+ rating for short-term debt and CARE AA with a Stable outlook for long-term facilities.
Maintains the company's credit standing and assures institutional debt holders regarding the stability of its financial obligations.
Jindal ITF Ltd., a subsidiary of Jindal Saw, is involved in a legal dispute with NTPC over service contracts where a division bench of the Delhi High Court delivered a 1:1 split verdict on September 2, 2026. Due to the deadlock, the matter has been referred to the Chief Justice and assigned to a third judge, with the next hearing scheduled for January 22, 2027.
The final resolution of this legal dispute could significantly impact the subsidiary's financial standing and the carrying value of investments made by the parent company.
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 $1,135 million order book for iron and steel pipes and pellets
- Developments regarding the third-judge resolution in the JITF versus NTPC arbitration case scheduled for January 2027
- Updates on regional stability in the MENA market and resumption of export operations
- Sustained delivery volumes and cash market participation relative to the 20-day average volume
Other Dated Coverage
- Jindal Saw Share Price Today: Falls 14.28% in 3 Trading Sessions | 26 October 2026 — 26 October 2026
More Jindal Saw news and dated analysis →
Frequently Asked Questions
What is the latest Jindal Saw company news?
Jindal Saw submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Standalone total income stood at ₹3,881 crores with a net profit after tax of ₹70.70 crores, while the order book for iron and steel pipes and pellets was reported at approximately $1,135 million. Management noted that export execution to the Middle East remains on hold due to regional conflicts, and domestic water pipe businesses experienced headwinds from JJM-related payment delays.
How strong was Jindal Saw’s trading volume?
38.13 lakh shares traded, 2.00 times the 20-day average daily volume. The price and volume data are dated 27 October 2026 · 02:55 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.