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1 Comment
Jindal Saw Limited is currently in a long term uptrend where the price is trading 53.6% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
Jindal Saw Limited's total revenue sank by 11.5% to $24B since the same quarter in the previous year.
Its net income has dropped by 74.0% to $782M since the same quarter in the previous year.
Finally, its free cash flow fell by 39.4% to $2B since the same quarter in the previous year.
Based on the above factors, Jindal Saw Limited gets an overall score of 2/5.
ISIN | INE324A01024 |
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Sector | Basic Materials |
Industry | Steel |
Exchange | NSE |
CurrencyCode | INR |
Target Price | 324.6667 |
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Dividend Yield | 0.0% |
Beta | 0.34 |
Market Cap | 127B |
PE Ratio | 7.38 |
Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally. The company offers SAW pipes, such as line pipes, double jointing, anti-corrosion and other relevant coatings, connector casings, hot pulled induction bends, monel sheating, and anodes used for energy transportation in the oil and gas sector, as well as water and slurry transportation; ductile iron pipes and fittings for water and waste-water transportation sectors; carbon, alloy, and stainless steel seamless and welded pipes and tubes for use in petroleum, exploration, sugar, steel, bearing, automotive general engineering, power, and process industries; and operates iron ore mine and pellet plant. It also provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating with fittings, bends, and flanges; double chamber pipes; polyurethane coated pipes; rail, road, and barge shipping; rust-free iron pipes; and cold rolled strip products. In addition, it is involved in the transhipment and waterborne transportation businesses; advisory services; helical anchor manufacturing; property holding; offers tools and fittings products; sale of power; and provision of inland shipping, business process outsourcing services comprising call center, back office, and other support offices, as well as information technology (IT) services, including software development and support, IT maintenance, and other development services. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation, and other industry. Jindal Saw Limited was incorporated in 1984 and is based in New Delhi, India.
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