Case study

JINDALSAW

JINDAL SAW LIMITED

Tread carefully1y model +0.7%

Each stock's 10,000-path forecast, rendered as light.

34Score

JINDAL SAW LIMITED (JINDALSAW) Stock Analysis & Case Study

Is JINDALSAW a good buy? The data-driven verdict.

JINDAL SAW LIMITED (JINDALSAW) trades at ₹271,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, JINDAL SAW LIMITED (JINDALSAW) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 26.6× earnings, ROE of 8.2%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

JINDALSAW fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹17,356 Cr
Current price
₹271
P/E ratio
26.6×
P/B ratio
1.38×
Book value
₹197
Dividend yield
0.74%
ROCE
10.4%
ROE
8.2%
Piotroski F-Score
5/8

How JINDALSAW ranks against the 2,373 companies in our screener

We do not hold a 3-year revenue growth figure for JINDALSAW, as of 9 Aug 2026, so it is not ranked here.

Is JINDALSAW overvalued? JINDALSAW P/E vs peers

JINDALSAW trades at 26.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

JINDALSAW share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of JINDALSAW history (24%/yr drift, 45%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
JINDALSAW 2027₹152₹273₹492+1%
JINDALSAW 2028₹121₹275₹626+1%
JINDALSAW 2029₹100₹277₹769+2%
JINDALSAW 2030₹86₹279₹903+3%
JINDALSAW 2031₹74₹281₹1,063+4%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability JINDALSAW goes up, or doubles?

51%
Higher in 1 year
Modelled chance the price is above today in 12 months
51%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹543 within 5 years

The bull case for JINDALSAW

  • Low price-to-book of 1.38×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹769.

The bear case & risks

  • JINDALSAW's P/E of 26.6x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • JINDALSAW's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹100.

JINDALSAW volatility & expected range, how bumpy is the ride?

Over the last 9.8 years JINDALSAW compounded at 24%/year with annualized volatility of 45%. That volatility implies a 1-year 80% range of ₹152-₹492, the honest backbone behind any single price target.

JINDALSAW price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.7%
80% range₹152-₹492
P(price ↑)51%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
2.1%
80% range₹100-₹769
P(price ↑)51%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
3.6%
80% range₹74-₹1,063
P(price ↑)51%
P(price 2×)26%

JINDALSAW price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
JINDALSAW simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds JINDALSAW hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the JINDALSAW price target & forecast page.

JINDALSAW Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. JINDALSAW scores 5/8, mixed financial health.

JINDALSAW MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy JINDALSAW with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox36.61%2.7×
ZerodhaCHEAPEST36.59%2.7×
Groww36.79%2.7×
DhanCHEAPEST36.59%2.7×
Kotak Neo36.63%2.7×
Paytm Money36.79%2.7×
Pocketful37.23%2.7×
Anand RathiCHEAPEST36.59%2.7×
Bajaj Broking38.00%2.6×
Share India36.75%2.7×

Compare every broker on the JINDALSAW MTF page.

About JINDAL SAW LIMITED: sector, index & market-cap context

JINDAL SAW LIMITED (JINDALSAW) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹17,356 Cr. See more stocks on our screener.

How the JINDALSAW Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of JINDAL SAW LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

JINDALSAW analysis, FAQs

Is JINDAL SAW LIMITED (JINDALSAW) a good buy?

On the numbers, JINDAL SAW LIMITED (JINDALSAW) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 26.6× earnings, ROE of 8.2%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is JINDALSAW overvalued or undervalued?

JINDALSAW trades at 26.6× earnings, premium versus the ~22× long-run Nifty average.

What is the JINDALSAW share price target for 2031?

JINDALSAW's probability-weighted 2031 median target is ₹281, with an 80% range of ₹74-₹1,063 (10,000-path Monte-Carlo).

What is the probability JINDALSAW doubles in 5 years?

The modelled probability of JINDALSAW reaching ₹543 (2×) within 5 years is 26%.

What is the bull case for JINDALSAW?

Low price-to-book of 1.38×, the market is paying little over the company's net assets.

What are the risks in JINDALSAW?

JINDALSAW's P/E of 26.6x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. JINDALSAW's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on JINDALSAW