NSE: JINDALSAW · 26 October 2026
- Jindal Saw Ltd. (JINDALSAW) shares moved higher by 1.25% on Monday, trading between an intraday low of ₹229.15 and a high of ₹236.60 before settling at ₹235.05.
- Jindal Saw reported its 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 ₹70.7 crores, while consolidated total income reached ₹4,523 crores with a net profit of ₹35.3 crores. Management highlighted that performance continues to be influenced by regional conflicts impacting Middle Eastern exports and domestic working capital constraints.
- Trading volume was 0.37 times the 20-day average daily volume.
Why is Jindal Saw share price rising on 26 October 2026?
Jindal Saw Ltd. (JINDALSAW) shares moved higher by 1.25% on Monday, trading between an intraday low of ₹229.15 and a high of ₹236.60 before settling at ₹235.05.
The broader market context showed positive alignment, as the benchmark Nifty index edged up by 0.10% while the Nifty Metal sector index gained 1.18%. Jindal Saw's modest recovery comes after a sharp pullback over preceding sessions, including a 6.99% decline in the prior session and a 14.15% drop over the last two sessions, alongside a 22.05% correction across the 5-day trading window.
Company developments continue to reflect its operational performance for the period ended September 30, 2026, alongside ongoing headwinds in export markets and water infrastructure projects. While management reported a standalone order book of approximately USD 1,135 million for iron and steel pipes and pellets alongside USD 195 million for its UAE entity, execution has been impacted by geopolitical instability in the Middle East and delays in Jal Jeevan Mission-related collections. These fundamental factors provide backdrop to the stock's recent volatility rather than serving as a direct catalyst for today's intraday uptick.
6.89 lakh shares traded by 26 October 2026 · 10:40 AM IST. This compares with a 20-day average daily volume of 18.71 lakh shares (0.37 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.
Today's 1.25% upward move appears consistent with a mild technical recovery following sharp corrections over the preceding two and five trading sessions. With cash volume running below average at 37% of the 20-day benchmark and no single same-day corporate trigger identified, the price action reflects typical positioning rather than fundamental catalysts.
Latest Company Developments
Jindal Saw reported its 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 ₹70.7 crores, while consolidated total income reached ₹4,523 crores with a net profit of ₹35.3 crores. Management highlighted that performance continues to be influenced by regional conflicts impacting Middle Eastern exports and domestic working capital constraints.
Quarterly earnings figures provide the baseline valuation metrics and operational insights necessary for assessing core manufacturing margins and debt reduction progress.
CARE Ratings reaffirmed its 'CARE A1+' rating for short-term debt facilities and 'CARE AA; Stable' for long-term debt and non-convertible debentures. Subsequently, Brickwork Ratings reaffirmed its 'BWR AA with Stable Outlook' rating for the company's ₹500 crore non-convertible debentures in October 2026.
Maintained credit ratings validate the company's debt servicing capability and financial stability amid challenging operating conditions.
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.
'Reporting of violations under SEBI (Prohibition of Insider Trading) Regulations, 2015 '.
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
- Developments regarding the resolution of the JITF versus NTPC arbitration case currently assigned to a third judge of the Delhi High Court
- Execution progress on the standalone order book of USD 1,135 million for pipes and pellets
- Potential normalization of export shipments to the MENA region as geopolitical conditions evolve
- Delivery percentage trends following the reported 46.26% delivery rate on ₹235.05 cash volume
More Jindal Saw news and dated analysis →
Frequently Asked Questions
What is the latest Jindal Saw company news?
Jindal Saw reported its 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 ₹70.7 crores, while consolidated total income reached ₹4,523 crores with a net profit of ₹35.3 crores. Management highlighted that performance continues to be influenced by regional conflicts impacting Middle Eastern exports and domestic working capital constraints.
How strong was Jindal Saw’s trading volume?
6.89 lakh shares traded, 0.37 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 10:40 AM 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.