Jindal Saw’s stock is currently under pressure and is trading near its 3-year low. The Earnings Score has fallen to just 2/10 and the stock has returned -45% in the last 1 year.
But on the other hand, analysts’ 12-month average target price is ₹309 — about 89% upside from the current price. Overall rating is still Strong Buy.
Shares at 3-year low: ₹163.80
Earnings Score only 2 (very weak)
Earnings worse than expected 3 times in last 4 quarters
1-year return: -45.4%
5-year returns: 400%
Analysts Target Price:
Mean: ₹309
High: ₹440
Low: ₹250
Upside Potential: 88.6%
Overall Analyst Rating: Strong Buy (3 Analysts)
ROE Strong: 11.9%
Dividend Yield: 1.2%
1. Why did the stock go down so much?
The stock is stuck around its 52-week low of ₹162.
The report shows that the company has an average score of 6 — which is decent according to the market, but the price momentum and valuation have weakened significantly in the last few months.
2. Earnings condition is very bad
Earnings Score is just 2/10.
Reason:
Better result than expected: only 1 time
Results worse than expected: 3 times
Average Earnings Surprise: -17.7%
It is clear that the company is continuously disappointing the market in earnings.
3. What do Analyst Revisions tell?
This shows that the company’s earnings may remain under pressure in the near future.
4. Still why Strong Buy?
The most interesting thing — despite all these weaknesses, analysts have given Jindal Saw a Strong Buy.
Why?
Company’s business model is strong
Global + Domestic orders
Big demand for pipes in Infra, Oil-Gas, Water Projects
Has shown the ability to give 400% returns in the last 5 years
This is why the 12-Months Target is still set above 89%.
5. What does Price Target reveal?
Analysts believe the stock is currently undervalued.
Target Range:
High: ₹440
Mean: ₹309
Low: ₹250
Current: ₹163
Uptrend from current price to mean target: 88.6%
In short-term: Earnings are weak, volatility will remain.
In the long term: Business is stable, target is high, so this decline looks like an opportunity for long-term investors.
Point Value Current Price ₹163.80 52-Week High ₹342.80 52-Week Low ₹162.20 Earnings Score 2/10 Average Score 6 ROE 11.9% Dividend Yield 1.2% 1-Year Return -45.4% 5-Year Return 400% Analyst Rating Strong Buy Avg Target Price ₹309 Target Upside 88.6%
Q1. Is now the right time to buy?
If you’re a long-term investor, the stock looks undervalued at current levels — but earnings are weak, so there will be short-term volatility.
Q2. Why such a huge decline?
Earnings miss, down revisions, and weak price momentum.
Q3. Why is the target so high?
The company’s business is strong, demand in the sector is high, and the company has shown strong growth over a long period of time.












