SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jindal Saw plans to invest $600 million for capacity expansion

27 Jul 2011 Evaluate

Jindal Saw is planning to invest $600 million over the next two years to expand its capacity and buy stakes in firms based in the Middle East, the US and the European Union. The company has already begun talks with firms for buying stakes and signing of the deals may happen within a year. The company might raise some debt to fund the proposed fund infusion, but a majority would come from internal accruals.

The company is interested in buying stakes in firms which produce ductile iron and seamless pipes. The company has enough capacity for large-dia pipe makings in India.

Jindal Saw’s net profit for the fourth quarter declined 54.95% at Rs 80.19 crore as compared to Rs 178.00 crore for the corresponding quarter previous year. Its total income increased 6.74% at Rs 1164.36 crore for the quarter under review from Rs 1090.86 crore in the corresponding previous quarter.

Jindal Saw Share Price

236.85 15.55 (7.03%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×