What caused the intraday surge in JINDALSAW.NS stock on 11 Mar 2026?

The intraday surge was driven by heavy volume and positive sector momentum in Basic Materials, plus value buying at a low P/B and a PE of **9.40**; no single public earnings release was linked to the spike.

What is Meyka AI's short-term outlook for JINDALSAW.NS stock?

Meyka AI's model shows a monthly level of **INR 171.03** (implying **-9.94%** from **INR 189.90**) and a yearly target of **INR 311.30** (+**63.96%**); forecasts are model-based and not guarantees.

Which technical levels should traders watch for JINDALSAW.NS stock?

Monitor an intraday resistance near **INR 192.00** and support at **INR 171.00**; RSI is **39.02** and ATR is **7.36**, suggesting room for volatile moves.

How does Jindal Saw's valuation compare within the steel sector for JINDALSAW.NS stock?

Jindal Saw trades at **PE 9.40** and **P/B 0.87**, below many steel peers, indicating relative value; check sector moves and company orders before acting.

IN Stocks

JINDALSAW.NS (Jindal Saw, NSE) +16.80% intraday 11 Mar 2026: volume spike

ByHuzaifa Zahoor March 11, 2026March 11, 2026

The JINDALSAW.NS stock jumped 16.80% intraday on 11 Mar 2026, trading at INR 189.90 as heavy volume hit the NSE early in the session. Volume reached 59,969,951.00 shares versus an average of 6,041,762.00, putting the share among the day’s most active names. Price moved from an open of INR 171.00 to a high of INR 191.85 as traders reacted to sector strength and valuation metrics. We examine drivers, valuation, technicals and a short-term forecast to help intraday and active traders assess trade setups.