India, April 29 -- The shares of this small cap company majorly engaged in manufacturing LSAW pipes, HSAW pipes, DI pipes, pellets and many more were in focus after brokerage saw upto 30 percent upside potential

With the market capitalisation of Rs. 15,386 Crores, the shares of Jindal Saw Ltd were trading at around Rs. 241 per share which is 10 percent discount from its 52 weeks high of Rs. 268 per share and is trading at a P/E of 12.5 where as industry P/E stands at 20.7

Elara Capital maintains a positive outlook on Jindal Saw with a target price of Rs. 280, implying nearly 16 percent upside potential, backed by earnings recovery over FY27-FY28, strong order visibility and margin support from expansion.

Demand and Orders The company...