The Central Pivot by Vineet Saxena (SEBI RA) ยท 12th Jun 2025
๐
JINDALSAW
on the Move โ Eyeing Global Expansion!
JINDALSAW
is riding on big international ambitions!
The company has received board approval to set up a 300,000 TPA seamless pipe plant in Abu Dhabi to serve the booming MENA oil & gas market. Itโs also entering two new joint ventures in Saudi Arabia โ signaling aggressive expansion and a solid global footprint ahead.
๐ Key Highlights:
๐ญ New plant in UAE to boost export-led growth
๐ค 2 JV approvals in KSA for strategic presence
๐ Promoter holding strong at 63.28%
๐ผ Market Cap: โน16,054 Cr | Face Value: โน1
๐ 52W High: โน383.85 | Current Price: โน250.70
๐ผ Stock has upside potential as global projects scale up
JINDALSAW
is a strong pick to watch for investors eyeing global infra and energy exposure.
Watch out for the near term stock price rise with smart entry, targets and exit.