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Jindal Saw outperforms despite weak metal index

Jindal Saw shares outperformed despite metal index weakness as investors focused on company specific strength, execution visibility, and improving earnings outlook.
Jindal Saw shares the advanced strongly even as the broader metal index declined, indicating stock specific buying the interest. Investors reacted to company level developments and improving earnings visibility. The divergence highlighted selective positioning within the metals space. Market participants focused on execution strength and demand outlook, while broader sector sentiment remained under pressure amid weak commodity trends and cautious risk appetite