Jindal Stainless Ltd. (JSL) Share Price Rises 2.12% Today: What the Move Shows
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Stainless Ltd. Share Price traded at Rs 718.15, up Rs 14.9 or 2.12% from the previous close of Rs 703.25. The move takes the company’s market capitalisation to Rs 58,125.7 crore.
The stock opened at Rs 697.05, touched a day high of Rs 718.85 and a day low of Rs 697.05. Turnover stood at Rs 0.79 crore. Based on the supplied dataset, the session clearly shows a positive same-day move, but it does not identify a company-specific catalyst behind the rise.
That is why investors are reading the move alongside valuation and profitability data rather than treating one session alone as a full explanation. Jindal Stainless Ltd. Share Price now sits against a P/E of 17.85, P/B of 2.84, ROE of 17.51, ROCE of 19.19, EPS of Rs 39.41, book value of Rs 248.05 and dividend yield of 0.57%.
Jindal Stainless Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 718.15 |
| Previous Close | Rs 703.25 |
| Today's Move | Rs 14.9 (+2.12%) |
| Open | Rs 697.05 |
| High | Rs 718.85 |
| Low | Rs 697.05 |
| Turnover | Rs 0.79 crore |
| Market Capitalisation | Rs 58,125.7 crore |
| Market Cap Category | Large Cap |
Jindal Stainless Ltd. (JSL) rose to Rs 718.15 from the previous close of Rs 703.25, a move of Rs 14.9 or 2.12%. The stock opened at Rs 697.05, reached a high of Rs 718.85, recorded a low of Rs 697.05.
Today’s trading range ran from Rs 697.05 to Rs 718.85. Since the stock both opened and marked its day low at Rs 697.05, the session reflects recovery after the open and a climb toward the upper end of the day’s range. The current price of Rs 718.15 is just below the intraday high of Rs 718.85.
In simple terms, Jindal Stainless Ltd. Share Price added Rs 14.9 over the previous close of Rs 703.25. For traders and market watchers, the important factual takeaway is that the stock remained firm through the session and stayed close to its high rather than giving up the day’s gains.
Because turnover was Rs 0.79 crore, the article should not overstate the move. The verified conclusion is narrower: JSL recorded a measurable daily rise, and that puts the stock on the radar of investors tracking steel names and stocks gaining today.
Jindal Stainless Ltd. (JSL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 58,125.7 crore |
| P/E Ratio | 17.85x |
| P/B Ratio | 2.84x |
| ROE | 17.51% |
| ROCE | 19.19% |
| EPS | Rs 39.41 |
| Book Value Per Share | Rs 248.05 |
| Dividend Yield | 0.57% |
Jindal Stainless Ltd. (JSL) fundamental metrics show P/E 17.85x, P/B 2.84x, ROE 17.51%, ROCE 19.19%. These figures provide context only and are not a buy or sell signal.
Jindal Stainless Ltd. has a market capitalisation of Rs 58125.7 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 17.85x, P/B at 2.84x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17.51% and ROCE of 19.19%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 39.41, book value per share of Rs 248.05, dividend yield of 0.57%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 19.7x, median ROE of 9.56%, median ROCE of 12.19%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 17.85x |
| Benchmark Median P/E | 19.7x |
| Benchmark Average P/E | 31.31x |
| Benchmark P/E Range | 0.28x to 226.58x |
| Company P/B Ratio | 2.84x |
| Benchmark Median P/B | 1.62x |
| Company ROE | 17.51% |
| Benchmark Median ROE | 9.56% |
| Company ROCE | 19.19% |
| Benchmark Median ROCE | 12.19% |
| Company Market Capitalisation | Rs 58,125.7 crore |
| Benchmark Median Market Cap | Rs 304.35 crore |
Jindal Stainless Ltd. (JSL) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Jindal Stainless Ltd. (JSL) has a P/E ratio of 17.85x, which is below the benchmark median of 19.7x, a difference of -9.39%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Jindal Stainless Ltd. (JSL) has a ROE of 17.51%, which is above the benchmark median of 9.56%, a difference of +83.16%. Jindal Stainless Ltd. (JSL) has a ROCE of 19.19%, which is above the benchmark median of 12.19%, a difference of +57.42%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,25,245.38 | 12.96 | 3.07 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,32,441.95 | 20.82 | 2.23 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 82,465.94 | 19.03 | 1.31 | 4.09 | 6.39 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 62,723.03 | 50.29 | 11.12 | 25.35 | 31.83 |
| Welspun Corp Ltd. | WELCORP | 62,630.49 | 27.28 | 6.58 | 19.55 | 23.94 |
Jindal Stainless Ltd. (JSL) has a P/E ratio of 17.85x compared with the displayed peer median of 20.82x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.51% compares with a peer median of 19.55% across the companies shown in the table. ROCE stood at 19.19% versus the displayed peer median of 20.67%, providing a capital-efficiency comparison. Jindal Stainless Ltd. (JSL) has a market capitalisation of Rs 58,125.7 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Jindal Stainless Ltd.
- Price move: up Rs 14.9 or 2.12% to Rs 718.15.
- Near day high: current price is close to Rs 718.85.
- Scale: market cap stands at Rs 58,125.7 crore.
- Valuation context: P/E of 17.85 is below the same-industry median of 19.7.
- Profitability context: ROE of 17.51 and ROCE of 19.19 are above industry medians.
About Jindal Stainless Ltd.
Jindal Stainless Ltd. is listed in the Iron & Steel sector under the Steel & Iron Products industry. In this article, the company is being viewed through price action, valuation, profitability and peer comparison data supplied from the same-industry benchmark.
For readers tracking Jindal Stainless Ltd. Share Price, the company stands out in the dataset for its large market value relative to the broader industry and for return ratios that compare favorably with industry medians.
Track Jindal Stainless Ltd. Share Price on Univest
Use Jindal Stainless Ltd. (JSL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Use the Jindal Stainless Ltd. (JSL) live share-price page, the Univest top gainers screener and Univest market blogs to follow live stock data, sector moves and related market coverage.
On Univest, readers following Jindal Stainless Ltd. Share Price can monitor live price movement, market capitalisation, valuation ratios, profitability metrics and peer context in one place.
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 is Jindal Stainless Ltd. Share Price rising today?
Ans. The supplied data confirms that the stock is up Rs 14.9 or 2.12% at Rs 718.15 versus the previous close of Rs 703.25. However, the dataset does not provide a company-specific reason for the move.
What is Jindal Stainless Ltd. Share Price Today?
Ans. Jindal Stainless Ltd. Share Price today is Rs 718.15. The stock opened at Rs 697.05, hit a high of Rs 718.85 and a low of Rs 697.05. The previous close was Rs 703.25.
How does JSL compare with its industry on valuation and returns?
Ans. JSL’s P/E of 17.85 is below the same-industry median of 19.7, while its P/B of 2.84 is above the median of 1.62. Its ROE of 17.51 and ROCE of 19.19 are both above the industry medians of 9.56 and 12.19.
What is the market capitalisation of Jindal Stainless Ltd.?
Ans. The company’s market capitalisation is Rs 58,125.7 crore. That is above the same-industry median of Rs 304.35 crore and the average of Rs 8,232.96 crore in the supplied benchmark universe.
