News for Jindal Saw Limited (JINDALSAW.BO)

Indian markets closed higher on Thursday as financial and energy stocks surged. The BSE Sensex rose 609.86 points to 74,340.09, while Nifty 50 gained 207.40 points to 22,544.70. RBIs $21 billion liquidity infusion and lower crude prices boosted investor sentiment.

Indian markets surged on Tuesday, with Sensex up 1,397 points and Nifty gaining 378 points, driven by HDFC Bank, Reliance Industries, and positive global cues from the U.S. tariff halt. Banking stocks rallied amid expectations of an RBI rate cut.

The 30-share BSE Sensex pack surged more than 1,400 points to hit above 78,600 level, while the broader NSE Nifty index moved around 400 points to trade above 23,750.

Stocks including Kotak Mahindra Bank, Dr Reddy's Labs, Adani Green, IndiGo, Indus Towers, United Spirits, Mankind Pharma and more will be in the spotlight on Friday, January 24.

The Indian market began 2025 positively, with Sensex gaining 368 points and Nifty up 0.4%, led by financial services. Broad-based recovery hinges on Q3 earnings growth and government capex. Core sector data boosted auto, power, and industrial stocks.

Stocks including Mobikwik, Vishal Mega Mart, Ambuja Cements, Adani Energy, Auro Pharma, Sai Life Sciences, Sun TV Network and more will be in the spotlight on Wednesday, December 18.

The GIFT Nifty was trading above 24,300. Ambuja Cements Ltd. Jindal Saw Ltd., Piramal Enterprises Ltd., and Minda Corp Ltd. share prices are likely to react. The GIFT Nifty was flat at 24,364.50 as of 06:36 a.m.

As many as 15 stocks hit their 52-week lows today. BSE 500 stocks such as Prince Pipes and Fittings Ltd and Tata Technologies Ltd hit their respective one-year low levels. That said, 250 stocks touched their one-year high levels today.

Join Bandu’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday. Enter now!

Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies declined by 0.5% year-on-year. Comparatively, the earnings growth was 3.2% in the June 2024 quarter and 41.6% year-on-year in the corresponding period of the previous year. The performance deteriorates further if the financial sector companies are excluded as the adjusted net profit growth contracts to 9.8% year-on-year. The energy sector significantly dragged the overall earnings growth whereas healthcare and industrial sectors provided support.

The dispute pertained to delayed delivery of pipes by SAW Pipes Ltd, now Jindal Saw Ltd, to Gas Authority of India Ltd (GAIL).

Oct 21, 2024 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Jindal Saw Limited Q2 FY25 Earnings Conference Call hosted by PhillipCapital I

Stocks including Infosys, Dr Reddy's Labs, Torrent Power, Bharti Airtel, Infra Infra, PB Fintech, JSW Infra, SKF India, Nuvama Wealth and more will be the spotlight on Wednesday, October 9.

Indian indices ended flat on Tuesday, with initial gains offset by profit-booking. Nifty closed at 25,940.4, up 0.01%. Analysts see a range-bound movement between 25,800 and 26,000, with support at 25,600.

BASF India, Linde India, Adani Green Energy and Jindal SAW witnessed 20-22 per cent jump in their FY25 EPS forecasts. Among them, BASF India and Jindal SAW also saw their FY26 estimates rising by 28 per cent and 18 per cent, respectively.

"On the daily chart, Nifty continues to move towards the upper Bollinger band. Additionally, the index has been sustaining above the critical near-term moving average. Sentiment may continue to favor the bulls as long as it remains above 24,650. On the other hand, the current rise might extend towards 25,000 in the near term," said Rupak De of LKP Securities.

Indian blue-chip equity indices closed marginally higher on Wednesday as broad-based profit booking offset gains in IT stocks. The NSE Nifty 50 ended 0.02% higher at 24,143 points, and the S&P BSE Sensex rose 0.19% to close at 79,105. The movement followed soft US producer price data, which signaled cooling inflation and offered little deviation from expectations for a September start to interest rate cuts.

Shares of CAMS, Fine Organic Industries, Nykaa, Jindal Saw, Nuvama Wealth Management, Deepak Fertilisers, and Apar Industries among others witnessed strong buying interest from market participants as they scaled their fresh 52-week highs, signaling bullish sentiment.

Stocks to watch today, July 30, 2024: GIFT Nifty indicates a lacklustre start for the benchmark equity indices on Tuesday. Here are buzzing stocks to watch during today's trading session