JINDALSAW.BO jumps 20.66% to INR186.85 on BSE Jan 20 2026: earnings ahead
The JINDALSAW.BO stock led BSE gainers on 20 Jan 2026, jumping 20.66% to INR186.85 on heavy volume. Traders reacted ahead of an earnings release scheduled for 22 Jan 2026 and pushed intraday range to INR179.20–INR189.75. Volume was 5,281,266.00 shares, roughly 43.87x the 50-day average, signalling concentrated buying interest in India’s steel pipes maker.
JINDALSAW.BO stock price action and volume
JINDALSAW.BO stock closed at INR186.85, up 20.67% (change INR32.00) on BSE India on 20 Jan 2026. The stock opened at INR179.25, hit a day high of INR189.75, and a day low of INR179.20. Reported volume was 5,281,266.00 versus an average volume of 120,333.00, or about 43.87x the norm, confirming the move as a clear intraday gap with strong participation.
JINDALSAW.BO stock fundamentals and valuation
Jindal Saw Limited (JINDALSAW.BO) trades at P/E 10.16 with EPS INR17.64, a price-to-book of 0.95, and price-to-sales of 0.62. Market cap stands at INR114,243,789,749.00 and book value per share is INR185.50, close to the market price. Enterprise Value to EBITDA is 6.57, and debt-to-equity is 0.43, indicating a moderate leverage profile relative to sector peers.
JINDALSAW.BO stock technicals and momentum
Momentum indicators show strength: RSI 58.75, MACD histogram 1.38, and CCI 148.88. Short-term moving averages sit below the price (50-day avg INR164.97) while the 200-day average (INR206.27) remains above, signalling a rally inside a longer-term consolidation. Bollinger middle band is INR164.89, and ATR is INR4.20, showing higher near-term volatility on the breakout.
JINDALSAW.BO stock sector context and catalysts
Jindal Saw operates in the Basic Materials / Steel industry where sector P/E averages 32.38 and performance has been choppy YTD. Market headlines pressured peers; Reuters noted broader market weakness on mixed earnings and trade risks source. For JINDALSAW.BO, the immediate catalyst is the earnings report due 22 Jan 2026 and ongoing demand for line pipes in oil and water infrastructure.
JINDALSAW.BO stock risks, cash flow and inventory metrics
Key operational strains include a long cash conversion cycle: days inventory on hand 173.54 and DSO 64.04, which increase working capital needs. Current ratio is 1.53 and interest coverage is 6.43, showing the firm can service debt but faces working-capital pressure. Dividend per share is INR2.00 and dividend yield is 1.12%, a modest income signal amid cyclicality.
JINDALSAW.BO stock Meyka grade and forecast
Meyka AI rates JINDALSAW.BO with a score out of 100: 74.57 (B+), Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of INR321.88, and a monthly price of INR152.77. Compared with the current price INR186.85, the yearly projection implies an implied upside of 72.23% while the monthly projection implies a short-term downside of -18.28%. Forecasts are model-based projections and not guarantees.
Final Thoughts
JINDALSAW.BO stock was the day’s top gainer on 20 Jan 2026, jumping 20.66% to INR186.85 on BSE with 5,281,266.00 shares traded, roughly 43.87x average volume. Fundamentals remain attractive on valuation metrics such as P/E 10.16 and price-to-book 0.95, but the company shows working-capital strain with 173.54 days of inventory. Technical momentum supports near-term strength while the 200-day average at INR206.27 is a resistance reference. Meyka AI’s forecast model projects a yearly target of INR321.88, implying +72.23% upside from today’s close, while the monthly projection of INR152.77 signals possible short-term pullback risk. Investors monitoring JINDALSAW.BO stock should weigh the upcoming 22 Jan 2026 earnings, sector demand signals, and inventory-driven cash needs before repositioning. This roundup uses Meyka AI’s grade and forecasts as data-driven inputs; forecasts are model-based projections and not guarantees.
FAQs
Why did JINDALSAW.BO stock rise sharply on Jan 20 2026?
JINDALSAW.BO stock rose 20.66% on heavy volume ahead of an earnings release due 22 Jan 2026. The jump reflected concentrated buying, a low P/E of 10.16, and short-covering plus positive sector flows.
What valuation metrics matter for JINDALSAW.BO stock?
Key metrics for JINDALSAW.BO stock are P/E 10.16, price-to-book 0.95, EV/EBITDA 6.57, and book value per share INR185.50. These point to value relative to peers but check working-capital trends.
How does Meyka AI view JINDALSAW.BO stock?
Meyka AI rates JINDALSAW.BO 74.57 (B+, BUY) and provides model forecasts. The platform highlights a yearly projection of INR321.88 and emphasizes that forecasts are model-based and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
