Jindal Saw is trading at ₹288.40, down 4.36%; sharply lower Q2 FY27 profit is a likely company-specific explanation, though the report does not explicitly attribute the decline to earnings.
- Consolidated profit after tax was ₹470 million, versus ₹1.52 billion a year earlier; EBITDA margin narrowed to 5.83% from 10.7%.
- Results were approved on October 16, before the October 19 session.
- Cited operating pressures included Middle East export disruption, domestic water-pipe oversupply and delayed payments.