Iron & Steel Products Manufacturer Announces Board Meeting to Consider FY26 Results and Dividend

On Friday, Jindal Saw's share price closed at Rs 240.18, up 1.65 per cent from the previous close of Rs 236. The stock witnessed buying interest during the session as investors reacted to the company’s recent corporate update and overall market sentiment, with the Nifty 50 also trading marginally higher.

The stock movement comes ahead of a key board meeting scheduled on April 27, 2026. As per the company’s exchange filing, the Board of Directors will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board will also consider recommending a Dividend for FY26. The trading window for designated persons remains closed until 48 hours after the declaration of results, in line with SEBI regulations.

Jindal Saw Shareholding Pattern

As of March 2026, promoter holding remained stable at 63.25 per cent. Foreign Institutional Investors (FIIs) reduced their stake to 13.46 per cent from 14.09 per cent in December 2025. Domestic Institutional Investors (DIIs) increased their holding to 5.79 per cent from 3.50 per cent. Public shareholding stood at 17.20 per cent, while others accounted for 0.30 per cent.

Jindal Saw Share Price Performance

Jindal Saw has shown strong momentum, gaining 22.68 per cent over the past month and 27.63 per cent over the past six months. However, the stock has declined 12.09 per cent over the past year. The stock has traded in a 52-week range of Rs 153.00 to Rs 273.90. The company currently has a market capitalisation of Rs 15,311 crore.

About Jindal Saw

Jindal Saw Ltd is a leading manufacturer and supplier of iron and steel pipe products, fittings, and accessories, catering primarily to the energy, infrastructure, and water sectors. The company has a strong presence in both domestic and international markets, with its products widely used in oil and gas transportation, water supply projects, and industrial applications.

The company operates advanced manufacturing facilities and continues to expand its product portfolio to meet evolving industry requirements. With a diversified business model and global footprint, Jindal Saw plays a critical role in supporting large-scale infrastructure development and energy transportation projects.

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Disclaimer: This article is for informational purposes only and not investment advice.