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Jindal Saw enters into SAA with Hunting Energy Services

14 Aug 2019 Evaluate

Jindal Saw has entered into Strategic Alliance Agreement (SAA) with Hunting Energy Services PTE, Singapore (Hunting) to manufacture, market and sell products which would be based on the technology available with Hunting and the manufacturing facilities available with the Company. 

The company and Hunting have identified opportunities in oil and gas sector with premium products of Hunting.

Jindal Saw is in a commanding position in India's tubular market.

Peers
Company Name CMP
JSW Steel 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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