Jindal Steel & Power (JINDALSTEL) Share Price Falls 2.05% Today; JINDALSTEL Closes at Rs 1,152.85
- August 31, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Steel & Power Share Price declined to Rs 1,152.85 today, down 2.05% from the previous close, with the company valued at a market capitalisation of Rs 1,20,064.37 crore. The move makes JINDALSTEL a stock in focus for Jindal Steel & Power Stock News readers tracking today’s decline, the day’s price action and the latest market cap context. Based on the supplied data, the article confirms the price event, but it does not establish a company-specific catalyst for the fall. For investors following Univest, the main questions now are how the stock moved through the session, how it compares with the sector benchmark and peers, and what the supplied fundamentals say about valuation.
In this Jindal Steel & Power Share Price update, the stock traded between Rs 1,152.3 and Rs 1,172 today, after opening at Rs 1,172 versus a previous close of Rs 1,177. The current move is a share price fall rather than a broader trend statement, and the verified figures allow a clean read on the day’s price action. On Univest, this kind of Jindal Steel & Power Stock News note helps readers separate observed market data from assumptions, especially when only the same-day move is confirmed.
Jindal Steel & Power (JINDALSTEL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,152.85 |
| Previous Close | Rs 1,177 |
| Today's Move | -Rs 24.15 (-2.05%) |
| Open | Rs 1,172 |
| High | Rs 1,172 |
| Low | Rs 1,152.3 |
| Turnover | Rs 0.47 crore |
| Market Capitalisation | Rs 1,20,064.37 crore |
| Market Cap Category | Large Cap |
Jindal Steel & Power (JINDALSTEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,20,064.37 crore |
| P/E Ratio | 44.17x |
| P/B Ratio | 2.33x |
| ROE | 6.88% |
| ROCE | 8.92% |
| EPS | Rs 26.65 |
| Book Value Per Share | Rs 505.62 |
| Dividend Yield | 0.17% |
Jindal Steel & Power Fundamental Analysis is anchored by a market capitalisation of Rs 1,20,064.37 crore, an enterprise-scale valuation context that does not by itself indicate quality. The stock trades at a P/E ratio of 44.17 and a P/B ratio of 2.33. Its ROE is 6.88 and ROCE is 8.92, while EPS stands at Rs 26.65 and book value per share at Rs 505.62. The dividend yield is 0.17, which is a historical/current payout metric and not a future promise. On these figures, Jindal Steel & Power Share Price is attached to a valuation that is above the sector median on earnings multiples, while profitability ratios remain near the industry middle. That combination matters in Jindal Steel & Power Stock News because it gives context to why the stock may be watched closely even on a down day. The numbers do not tell a story of a company-specific event, but they do show a stock with a sizable market value, a comparatively rich earnings multiple and return ratios that remain modest relative to the scale of the business. For readers of Jindal Steel & Power Share Price Today, this is the fundamental backdrop behind the day’s price fall, and it sets up the ownership and peer discussion that follows on Univest.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 44.17x |
| Benchmark Median P/E | 25.69x |
| Benchmark Average P/E | 31.53x |
| Benchmark P/E Range | 9.37x to 87.51x |
| Company P/B Ratio | 2.33x |
| Benchmark Median P/B | 2.27x |
| Benchmark Average P/B | 2.43x |
| Company ROE | 6.88% |
| Benchmark Median ROE | 6.97% |
| Benchmark Average ROE | 8.37% |
| Company ROCE | 8.92% |
| Benchmark Median ROCE | 9.34% |
| Benchmark Average ROCE | 10.73% |
| Company Market Capitalisation | Rs 1,20,064.37 crore |
| Benchmark Median Market Cap | Rs 415.25 crore |
| Benchmark Average Market Cap | Rs 17,956.35 crore |
Jindal Steel & Power Share Price should also be read against the supplied Iron & Steel sector context and the Steel/Sponge Iron/Pig Iron industry benchmark. The benchmark scope covers 13 companies in the same industry. Jindal Steel & Power’s P/E of 44.17 is above the industry median of 25.69 and above the industry average of 31.53, while its P/B of 2.33 is slightly above the median of 2.27 and below the average of 2.43. Its ROE of 6.88 is a touch below the median of 6.97, and ROCE of 8.92 is below the median of 9.34 and the average of 10.73. The company also sits at the top end of the industry market-cap set with Rs 1,20,064.37 crore, far above the industry median market cap of Rs 415.25 crore and the average of Rs 17,956.35 crore. This sector comparison matters because Jindal Steel & Power Stock Analysis becomes more meaningful when viewed against peers in the same benchmark scope, rather than in isolation. The data shows valuation multiples that are not cheap versus the benchmark, while returns are close to, but slightly below, industry reference points. That is the sector backdrop for today’s Jindal Steel & Power Share Price decline.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Lloyds Metals & Energy | LLOYDSME | 1,01,950.89 | 21.39 | 6.66 | 40.27 | 27.59 |
| Jai Balaji Industries | JAIBALAJI | 6,312.78 | 21.55 | 2.84 | 30.93 | 36.09 |
| RAJPUTANA STAINLESS | RSL | 1,486.25 | 29.83 | 3.88 | 0 | 0 |
| Steel Exchange India | STEELXIND | 1,359.7 | 42.78 | 2.27 | 5.38 | 11.97 |
| SAL Steel | SALSTEEL | 1,087.78 | 87.51 | 7.27 | -16.53 | 4.89 |
Among the supplied peers, Jindal Steel & Power Share Price sits well above most listed comparables on market capitalisation, with only Lloyds Metals & Energy at Rs 1,01,950.89 crore coming closer in size. Jindal Steel & Power’s P/E of 44.17 is higher than Lloyds Metals, Jai Balaji Industries, Rajputana Stainless, and lower than SAL Steel, while it is also above Steel Exchange India’s 42.78. Its ROE of 6.88 is far below Lloyds Metals’ 40.27 and Jai Balaji’s 30.93, but is close to the industry medians and slightly below Vraj Iron & Steel’s 7.74. ROCE at 8.92 is below Jai Balaji’s 36.09 and Lloyds Metals’ 27.59, yet above SAL Steel’s 4.89. The peer set shows that Jindal Steel & Power Share Price is attached to a large balance-sheet footprint and a higher earnings multiple than many peers, while return ratios are more restrained than the strongest names in the group. For Univest readers, this is the key peer lens for today’s Jindal Steel & Power Stock News.
Why Investors Are Watching Jindal Steel & Power
- Jindal Steel & Power Share Price fell 2.05% today to Rs 1,152.85 after closing at Rs 1,177 previously.
- The day’s range was Rs 1,152.3 to Rs 1,172, with an opening price of Rs 1,172.
- Market capitalisation stands at Rs 1,20,064.37 crore, and the company is classified as Large Cap.
- The stock trades at a P/E of 44.17, P/B of 2.33, ROE of 6.88 and ROCE of 8.92.
About Jindal Steel & Power
Jindal Steel & Power operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The supplied data identifies the company through its listed market context, sector classification and valuation metrics. For readers tracking Jindal Steel & Power Share Price on Univest, the company profile is best understood through the market data presented here: size, valuation, profitability ratios and the relevant peer set. This keeps the discussion factual and tied to the verified stock record rather than broad industry assumptions.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Jindal Steel & Power Share Price fall today?
Ans. The supplied data confirms a 2.05% decline to Rs 1,152.85 from Rs 1,177, but it does not establish a company-specific catalyst. The move is therefore best read as verified price action.
What is Jindal Steel & Power Share Price today?
Ans. Jindal Steel & Power Share Price today is Rs 1,152.85. The stock closed Rs 24.15 lower than the previous close of Rs 1,177 after moving between Rs 1,152.3 and Rs 1,172.
What does Jindal Steel & Power Share Price say about valuation?
Ans. Jindal Steel & Power Share Price is linked to a P/E of 44.17 and P/B of 2.33. In the supplied industry benchmark, the P/E sits above the median and average.
How does Jindal Steel & Power compare with peers?
Ans. Jindal Steel & Power has a market capitalisation of Rs 1,20,064.37 crore, far larger than most supplied peers. Its ROE of 6.88 and ROCE of 8.92 are lower than the strongest peer figures.
