{"id":246868,"date":"2026-09-15T13:33:18","date_gmt":"2026-09-15T08:03:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=246868"},"modified":"2026-09-15T13:33:18","modified_gmt":"2026-09-15T08:03:18","slug":"why-jindal-saw-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/","title":{"rendered":"Jindal Saw (JINDALSAW) Share Price Falls 5.60% to Rs 294.40: What Today\u2019s Decline Shows"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/jindalsaw\/jindal-saw-ltd-share-price-today\">Jindal Saw (JINDALSAW)<\/a>share price fell to Rs 294.4 today, down 5.6% from the previous close. Market cap was Rs 19,943.06 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Jindal Saw Share Price fell to Rs 294.40 on 15 September 2026, down 5.60% for the day and taking the company\u2019s market capitalisation to Rs 19,943.06 crore. The move stood out because the stock opened at the session high and then moved steadily lower, leaving it close to the intraday low by the time of the update.<\/p>\n<p>For readers tracking today\u2019s move, the verified market data confirms the decline but does not establish any company-specific reason. The stock moved from a previous close of Rs 311.85 to Rs 294.40, touched a low of Rs 294.10, and recorded turnover of Rs 2.22 crore. That gives enough information to assess the price action, valuation setup, and industry context without assigning a cause that is not present in the supplied data.<\/p>\n<p>Even after the fall, the stock remains above its 50-day moving average of Rs 287.8 and well above its 200-day moving average of Rs 234.01. That makes today\u2019s decline worth reviewing alongside the company\u2019s profitability, valuation multiples, and comparison with other listed Iron &amp; Steel names.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Jindal_Saw_JINDALSAW_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Saw (JINDALSAW) Share Price Today: Price Action Analysis\">Jindal Saw (JINDALSAW) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Jindal_Saw_JINDALSAW_Fundamental_Analysis\" title=\"Jindal Saw (JINDALSAW) Fundamental Analysis\">Jindal Saw (JINDALSAW) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Jindal_Saw\" title=\"Why Investors Are Watching Jindal Saw\">Why Investors Are Watching Jindal Saw<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#About_Jindal_Saw\" title=\"About Jindal Saw\">About Jindal Saw<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Track_Jindal_Saw_Share_Price_on_Univest\" title=\"Track Jindal Saw Share Price on Univest\">Track Jindal Saw Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Why_is_Jindal_Saw_Share_Price_falling_today\" title=\"Why is Jindal Saw Share Price falling today?\">Why is Jindal Saw Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#What_is_Jindal_Saw_Share_Price_today\" title=\"What is Jindal Saw Share Price today?\">What is Jindal Saw Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#What_does_todays_price_action_indicate\" title=\"What does today\u2019s price action indicate?\">What does today\u2019s price action indicate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#How_is_the_stock_valued_on_PE_and_PB\" title=\"How is the stock valued on P\/E and P\/B?\">How is the stock valued on P\/E and P\/B?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#How_profitable_is_Jindal_Saw_versus_its_industry\" title=\"How profitable is Jindal Saw versus its industry?\">How profitable is Jindal Saw versus its industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#How_does_it_compare_with_major_steel_peers\" title=\"How does it compare with major steel peers?\">How does it compare with major steel peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-saw-share-price-fall-today-2026\/#Is_it_larger_than_the_typical_company_in_its_industry\" title=\"Is it larger than the typical company in its industry?\">Is it larger than the typical company in its industry?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Saw_JINDALSAW_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Jindal Saw (JINDALSAW) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 294.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 311.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 17.45 (-5.6%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 313.35<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 313.35<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 294.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2.22 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 19,943.06 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Today\u2019s tape was straightforward. The stock opened at Rs 313.35, which also remained the day high, and then declined to Rs 294.10 before trading at Rs 294.40. Against the previous close of Rs 311.85, that equals a one-day fall of Rs 17.45, or 5.60%.<\/p>\n<p>The session pattern also matters. Because the open and the high were the same, and the traded price later moved near the day low, the data points to sustained intraday pressure rather than a brief dip followed by recovery. The turnover figure of Rs 2.22 crore shows that the move was accompanied by active trading, although the supplied dataset does not identify why sellers were more aggressive in this session.<\/p>\n<p>Jindal Saw Share Price is also being watched because the company sits in the mid-cap bracket, where sharp single-session moves often draw added attention. At the same time, the stock\u2019s RSI stands at 71.67, while the price remains above both the 50-DMA and 200-DMA. Those figures do not explain the fall, but they do provide technical context for where the stock is positioned relative to its recent trend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Saw_JINDALSAW_Fundamental_Analysis\"><\/span><strong>Jindal Saw (JINDALSAW) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 19,943.06 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">30.52x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.58x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.74%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.38%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10.22<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 197.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.64%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Saw\u2019s fundamental profile shows a mid-sized steel company with moderate valuation multiples and positive, though not standout, return ratios. The stock trades at 30.52 times earnings and 1.58 times book value. EPS is Rs 10.22, book value per share is Rs 197.73, and dividend yield is 0.64%.<\/p>\n<p>Profitability metrics are positive but sit below the stronger end of the sector. ROE is 7.74% and ROCE is 10.38%. That means the business is generating returns, but the supplied numbers do not place it among the highest-return names in its peer group. This matters because valuation alone rarely tells the whole story; it becomes more useful when read beside return metrics.<\/p>\n<p>In simple terms, Jindal Saw Share Price reflects a company that is not especially cheap on earnings compared with many peers, while its book-value multiple remains more restrained. That mixed setup is one reason today\u2019s decline attracts attention: the market is pricing a business with scale and positive returns, but without top-tier profitability in the benchmark set.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Iron &amp; Steel<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Steel &amp; Iron Products<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">30.52x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">20.65x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">36.99x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.49x to 647.43x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.58x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.65x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.25x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.74%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.41%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.38%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.87%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 19,943.06 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 311.26 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,002.98 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Saw operates in the Iron &amp; Steel sector and the Steel &amp; Iron Products industry. Within the supplied same-industry benchmark of 140 companies, its P\/E of 30.52 is above the median of 20.65 but below the average of 36.99. So on earnings valuation, the stock sits above the industry midpoint without being near the extreme end of the range.<\/p>\n<p>On book value, the company looks closer to the middle. Its P\/B of 1.58 is slightly below the median of 1.65 and below the average of 2.25. Profitability is more mixed: ROE of 7.74% is below the median of 9.41% but above the average of 2.40, while ROCE of 10.38% is below the median of 12.32% and slightly above the average of 9.87.<\/p>\n<p>Scale is a clear differentiator. The company\u2019s market capitalisation of Rs 19,943.06 crore is far above the industry median of Rs 311.26 crore and above the average of Rs 8,002.98 crore. That means Jindal Saw is larger than most companies in the same-industry universe, even though it remains much smaller than the biggest steel names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jswsteel\/jsw-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>JSW Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSWSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,09,961.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.67<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tatasteel\/tata-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tata Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TATASTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,28,259.99<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sail\/steel-authority-of-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steel Authority Of India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SAIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73,936.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.19<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/welcorp\/welspun-corp-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Welspun Corp<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WELCORP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">70,596.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.94<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jindal Stainless<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">62,260.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.16<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Peer data shows where the company sits more clearly. Its market cap of Rs 19,943.06 crore is below JSW Steel, Tata Steel, SAIL, Welspun Corp and Jindal Stainless in the direct comparison set. On valuation, its P\/E of 30.52 is nearly the same as Welspun Corp\u2019s 30.57, but above Tata Steel\u2019s 20.69, Jindal Stainless\u2019 19.16, SAIL\u2019s 17.31 and JSW Steel\u2019s 12.51.<\/p>\n<p>Its P\/B of 1.58 is lower than JSW Steel\u2019s 2.97, Tata Steel\u2019s 2.22, Welspun Corp\u2019s 7.37 and Jindal Stainless\u2019 3.04, but above SAIL\u2019s 1.19. On returns, ROE of 7.74% is ahead of SAIL\u2019s 5.66% but below the other listed peers shown. ROCE of 10.38% is also above only SAIL\u2019s 7.08% in this group.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Jindal_Saw\"><\/span><strong>Why Investors Are Watching Jindal Saw<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock declined 5.60% in a single session, from Rs 311.85 to Rs 294.40.<\/li>\n<li>The open and high were both Rs 313.35, while the low was Rs 294.10, showing sustained intraday weakness.<\/li>\n<li>The price remains above the 50-DMA of Rs 287.8 and the 200-DMA of Rs 234.01.<\/li>\n<li>P\/E of 30.52 is above the industry median, while P\/B of 1.58 is slightly below the industry median.<\/li>\n<li>ROE of 7.74% and ROCE of 10.38% trail the same-industry medians of 9.41% and 12.32%.<\/li>\n<li>Market capitalisation of Rs 19,943.06 crore is well above the industry average of Rs 8,002.98 crore.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Jindal_Saw\"><\/span><strong>About Jindal Saw<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Saw is part of the<strong>Iron &amp; Steel<\/strong>sector and the<strong>Steel &amp; Iron Products<\/strong>industry. Based on the supplied market data, it is classified as a Mid Cap company. Its size places it above the average company in its same-industry benchmark, which is why sector and peer comparisons are useful when reviewing today\u2019s move.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Jindal_Saw_Share_Price_on_Univest\"><\/span><strong>Track Jindal Saw Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/jindalsaw\/jindal-saw-ltd-share-price-today\">Jindal Saw (JINDALSAW) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a>to review live stock data, top decliners and related market analysis.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Jindal_Saw_Share_Price_falling_today\"><\/span><strong>Why is Jindal Saw Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The supplied market data shows that the stock fell from Rs 311.85 to Rs 294.40, a decline of 5.60%. The dataset confirms the move but does not provide a company-specific catalyst.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Saw_Share_Price_today\"><\/span><strong>What is Jindal Saw Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Saw Share Price today is Rs 294.40 as of the supplied update timestamp. That is down Rs 17.45 from the previous close of Rs 311.85. The stock moved 5.6% lower during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_price_action_indicate\"><\/span><strong>What does today\u2019s price action indicate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock opened at Rs 313.35, which was also the day\u2019s high, then moved down to Rs 294.10 before trading at Rs 294.40. That pattern shows weakness persisted through the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_stock_valued_on_PE_and_PB\"><\/span><strong>How is the stock valued on P\/E and P\/B?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock trades at a P\/E ratio of 30.52 and a P\/B ratio of 1.58. Its P\/E is above the industry median of 20.65, while its P\/B is slightly below the industry median of 1.65.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_profitable_is_Jindal_Saw_versus_its_industry\"><\/span><strong>How profitable is Jindal Saw versus its industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;ROE is 7.74% and ROCE is 10.38%. Both are below the same-industry medians of 9.41% and 12.32%, though ROCE is slightly above the industry average of 9.87%. The stock belongs to the Iron &amp; Steel sector.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_major_steel_peers\"><\/span><strong>How does it compare with major steel peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Its P\/E of 30.52 is above JSW Steel, Tata Steel, SAIL and Jindal Stainless, and nearly equal to Welspun Corp. Its ROE and ROCE trail most of these peers, while its P\/B is lower than several of them.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_larger_than_the_typical_company_in_its_industry\"><\/span><strong>Is it larger than the typical company in its industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Yes. Its market cap of Rs 19,943.06 crore is well above the industry median of Rs 311.26 crore and the industry average of Rs 8,002.98 crore. The stock belongs to the Iron &amp; Steel sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Saw Share Price falls to Rs 294.4. marking a 5.6% fall today. Market cap stands at Rs 19,943.06 crore.<\/p>\n","protected":false},"author":29,"featured_media":246867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-246868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["246867"],"rank_math_title":["Jindal Saw Share Price Falls 5.60%: Price, Valuation View"],"rank_math_description":["Jindal Saw Share Price fell 5.60% to Rs 294.40. Read price action, valuation, profitability, sector benchmark and peer analysis in one update."],"rank_math_focus_keyword":["Jindal Saw Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Jindal_Saw_JINDALSAW_Share_Price_Falls_560_to_Rs_29440_What_Todays_Decline_Shows_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=246868"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246868\/revisions"}],"predecessor-version":[{"id":246869,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246868\/revisions\/246869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/246867"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=246868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=246868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=246868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}