2 steel pipe stocks with P/E less than 12 | Should you invest?
Published: 2024-08-16
Status:
Analyzed
Published: 2024-08-16
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Jindal Saw Ltd (JSW) management targets future volume growth to be sustained between 10% and 15%.
"management is targeting future volume growth to be sustained in the range of 10% to 15%."
Pending
Jindal Saw Ltd (JSW) management is confident in maintaining operating margins between 16% and 17%.
"management is confident that it can maintain margins in the range of 16% to 17%."
Pending
Savan Ispat (Jindal Saw Ltd subsidiary) plans to increase its capacity to 2.5 LTPA (lakh tonnes per annum) by improving process efficiency.
"The plan is to increase the capacity to 2.5 LTPA by making the processes more efficient."
Pending
Jindal Saw Ltd (JSW) management aims to prepay loans using internal accruals.
"Management is targeting prepayment of loans through internal accruals."
Pending
Maharashtra Seamless expected to receive a large-sized order in Q1 FY25.
"The company was expecting a large-sized order in quarter four, but that got pushed to quarter one of FY25"
Pending
Maharashtra Seamless expects a revenue spike once its Telangana plant is fully operational.
"A spike in revenue is expected when it is fully ready"
Pending
Maharashtra Seamless has allocated ₹852 crore for capital expenditure up to fiscal year 2026.
"₹852 crore is for capex up to FY26."
Pending
Maharashtra Seamless's planned maintenance shutdown is expected to impact future production figures.
"The company is planning a maintenance shutdown, which will impact future production figures."
Pending
India's per capita steel consumption is estimated to almost double by fiscal year 2031.
"according to estimates, India's per capita steel consumption will almost double by FY31."
Pending
The global steel pipe industry is projected to grow at a 9% CAGR and reach a market size of approximately $0.5 billion by 2037.
"The global steel pipe industry is projected to grow at a CAGR of 9% by 2037, with a market size reaching approximately $0.5 billion."
Pending
Jindal Saw's management targets future volume growth to be sustained between 10% and 15%.
"management is targeting future volume growth to be sustained in the range of 10% to 15%."
Pending
Jindal Saw's management is confident it can maintain operating margins in the 16% to 17% range.
"management is confident that it can maintain margins in the range of 16% to 17%."
Pending
Jindal Saw plans to increase Savan Ispat's capacity to 2.5 LTPA by improving process efficiency.
"The plan is to increase the capacity to 2.5 LTPA by making the processes more efficient."
Pending
Maharashtra Seamless expected a large order in Q4 FY24 but it was pushed to Q1 FY25.
"The company was expecting a large-sized order in quarter four, but that got pushed to quarter one of FY25"
Pending
Maharashtra Seamless expects a spike in revenue once its Telangana plant is fully operational.
"A spike in revenue is expected when it is fully ready"
Pending
Maharashtra Seamless's planned maintenance shutdown will impact future production figures.
"the company is planning a maintenance shutdown, which will impact future production figures."
Pending
India's per capita steel consumption is estimated to almost double by FY31.
"according to estimates, India's per capita steel consumption will almost double by FY31."
Pending
Global steel pipe industry projected to grow at a 9% CAGR by 2037, reaching a market size of approximately $0.5 billion.
"The global steel pipe industry is projected to grow at a CAGR of 9% by 2037, with a market size reaching approximately $0.5 billion."
Pending