Jindal Steel & Power (JINDALSTEL) Share Price Falls 2.58% Today
- September 7, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Steel & Power Share Price fell to Rs 1,133 on 07 September 2026, down 2.58% for the day, taking the company’s market capitalisation to Rs 1,18,636.25 crore. The stock is drawing attention because the decline came after a previous close of Rs 1,163, putting the large-cap iron and steel name under closer watch.
Jindal Steel & Power Share Price Today reflects a Rs 30 drop, with the stock opening at Rs 1,162.90, touching an intraday high of Rs 1,162.95 and slipping to a low of Rs 1,131.30. The supplied data confirms the move, but it does not establish a company-specific catalyst behind today’s decline.
For investors, the immediate focus is whether the stock stabilises around current levels, how its valuation compares with the same-industry benchmark, and where its profitability metrics stand against peers. This is a data-led market update rather than a directional call.
Jindal Steel & Power (JINDALSTEL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,133 |
| Previous Close | Rs 1,163 |
| Today's Move | -Rs 30.00 (-2.58%) |
| Open | Rs 1,162.9 |
| High | Rs 1,162.95 |
| Low | Rs 1,131.3 |
| Turnover | Rs 0.85 crore |
| Market Capitalisation | Rs 1,18,636.25 crore |
| Market Cap Category | Large Cap |
The stock moved from Rs 1,163 to Rs 1,133, a fall of Rs 30 or 2.58% in a single session. The intraday range between Rs 1,131.30 and Rs 1,162.95 shows that the price remained under pressure after the open and was trading close to the day’s low when this update was generated.
From a session-structure standpoint, the opening price was almost unchanged from the previous close, which suggests the weakness developed during trade rather than through a sharp gap at the start. Turnover stood at Rs 0.85 crore in the captured data. Because the company is a Large Cap with a market capitalisation of Rs 1,18,636.25 crore, even a moderate percentage move tends to attract attention.
Jindal Steel & Power (JINDALSTEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,18,636.25 crore |
| P/E Ratio | 43.65x |
| P/B Ratio | 2.3x |
| 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 shows a company trading at a P/E ratio of 43.65 and a P/B ratio of 2.3. These are valuation measures rather than quality scores, but they help explain why the stock is being assessed more carefully after today’s fall. The company’s ROE is 6.88% and ROCE is 8.92%, indicating positive but not standout return ratios within the peer set provided.
On per-share measures, EPS is Rs 26.65 and book value is Rs 505.62. Dividend yield stands at 0.17%, which is a historical payout indicator relative to price, not a forward assurance. By size, the company remains one of the most significant listed names in its industry universe.
In simple terms, the present setup combines a relatively higher earnings multiple with moderate return ratios. That mix makes valuation context important when reviewing the latest Jindal Steel & Power Share Price move.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 43.65x |
| Benchmark Median P/E | 33.34x |
| Benchmark Average P/E | 34.75x |
| Benchmark P/E Range | 9.38x to 95.04x |
| Company P/B Ratio | 2.3x |
| Benchmark Median P/B | 2.3x |
| Benchmark Average P/B | 2.48x |
| Company ROE | 6.88% |
| Benchmark Median ROE | 6.4% |
| Benchmark Average ROE | 6.28% |
| Company ROCE | 8.92% |
| Benchmark Median ROCE | 9.28% |
| Benchmark Average ROCE | 8.52% |
| Company Market Capitalisation | Rs 1,18,636.25 crore |
| Benchmark Median Market Cap | Rs 402.39 crore |
| Benchmark Average Market Cap | Rs 17,906.42 crore |
Jindal Steel & Power operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The benchmark set covers 13 companies, which gives a defined same-industry frame for comparing valuation, profitability and scale.
The company’s P/E of 43.65 is above the benchmark median of 33.34 and the benchmark average of 34.75, based on 10 companies with P/E data. That places it above central industry valuation levels, though still well inside the broader range of 9.38 to 95.04. Its P/B of 2.3 matches the benchmark median exactly and sits slightly below the benchmark average of 2.48.
On profitability, ROE of 6.88% is modestly above the benchmark median of 6.4% and average of 6.28%. ROCE of 8.92% is below the benchmark median of 9.28% but above the benchmark average of 8.52%. By market capitalisation, the company is the largest in the benchmark group at Rs 1,18,636.25 crore, far above the median of Rs 402.39 crore and average of Rs 17,906.42 crore. That makes scale a clear differentiator, even if return metrics are closer to industry norms.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Lloyds Metals & Energy | LLOYDSME | 1,02,502.54 | 21.51 | 6.7 | 40.27 | 27.59 |
| Jai Balaji Industries | JAIBALAJI | 6,366.6 | 44.02 | 2.72 | 5.93 | 9.63 |
| RAJPUTANA STAINLESS | RSL | 1,518.42 | 30.48 | 3.96 | 0 | 0 |
| Steel Exchange India | STEELXIND | 1,445.16 | 45.47 | 2.42 | 5.38 | 11.97 |
| SAL Steel | SALSTEEL | 1,181.3 | 95.04 | 7.89 | -16.53 | 4.89 |
The peer set shows the company in a very different size bracket from most names in the same industry. Against Lloyds Metals & Energy, it has the larger market cap at Rs 1,18,636.25 crore versus Rs 1,02,502.54 crore, while Lloyds trades at a lower P/E of 21.51 and reports much stronger ROE of 40.27% and ROCE of 27.59%.
Compared with Jai Balaji Industries, its P/E of 43.65 is slightly lower than 44.02, its ROE of 6.88% is above 5.93%, and its ROCE of 8.92% is below 9.63%. Against Steel Exchange India, it again trades at a slightly lower P/E than 45.47 and a lower P/B than 2.42, while ROE is higher than 5.38% but ROCE trails 11.97%.
RAJPUTANA STAINLESS has a lower P/E of 30.48 and a higher P/B of 3.96, though return metrics are not available in the supplied peer list. SAL Steel carries a much higher P/E of 95.04 and P/B of 7.89 despite negative ROE of -16.53% and ROCE of 4.89%. Overall, the comparison suggests Jindal Steel & Power Share Price is linked to a business that is the largest by market value in this peer basket, but not the cheapest or the strongest on every profitability measure.
Why Investors Are Watching Jindal Steel & Power
- Price action: The stock fell Rs 30 to Rs 1,133, down 2.58% in the session.
- Intraday setup: It opened at Rs 1,162.90 and traded close to the day’s low of Rs 1,131.30.
- Valuation context: Its P/E of 43.65 is above the same-industry median of 33.34.
- Profitability context: ROE of 6.88% is above the benchmark median, while ROCE of 8.92% is slightly below it.
- Sector position: At Rs 1,18,636.25 crore market cap, it is the largest company in the benchmark set.
About Jindal Steel & Power
Jindal Steel & Power is classified in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. Based on the supplied market data, the company stands out primarily for scale, with a market capitalisation of Rs 1,18,636.25 crore, making it the largest company in its same-industry benchmark group.
Track Jindal Steel & Power Share Price on Univest
UseJindal Steel & Power (JINDALSTEL) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, readers can track Jindal Steel & Power Share Price through live price updates, key fundamental ratios, market-cap data, peer comparison and broader market context. Today’s decline does not by itself establish a fundamental shift, but it does bring the stock back into focus for valuation and sector benchmarking.
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 Steel & Power Share Price falling today?
Ans. Jindal Steel & Power Share Price fell 2.58% to Rs 1,133 from the previous close of Rs 1,163. The supplied data confirms the decline, but it does not establish any company-specific catalyst behind today’s move.
What is Jindal Steel & Power Share Price Today?
Ans. Jindal Steel & Power Share Price Today was Rs 1,133 at the time captured in the data. That represents a decline of Rs 30, or 2.58%, versus the previous close of Rs 1,163.
What does today’s intraday range show for Jindal Steel & Power?
Ans. The stock opened at Rs 1,162.90, touched a high of Rs 1,162.95 and a low of Rs 1,131.30. That range shows weakness developed during the session, with the stock trading close to its intraday low.
Is Jindal Steel & Power a large-cap stock?
Ans. Yes, the company is classified as a Large Cap stock in the supplied data. Its market capitalisation stood at Rs 1,18,636.25 crore, making it the largest company within the same-industry benchmark group shown here.
How is Jindal Steel & Power valued on P/E and P/B?
Ans. Jindal Steel & Power is trading at a P/E ratio of 43.65 and a P/B ratio of 2.3. Its P/E is above the industry median of 33.34, while its P/B matches the benchmark median exactly.
What do ROE and ROCE indicate for Jindal Steel & Power?
Ans. The company’s ROE is 6.88% and ROCE is 8.92%. ROE is slightly above the same-industry median of 6.4%, while ROCE is a little below the industry median of 9.28% in the supplied benchmark.
What are the EPS, book value and dividend yield of Jindal Steel & Power?
Ans. The supplied figures show EPS at Rs 26.65, book value at Rs 505.62 per share and dividend yield at 0.17. These metrics add context to earnings, balance-sheet value and historical shareholder payout.
How does Jindal Steel & Power compare with Lloyds Metals & Energy?
Ans. Jindal Steel & Power has a larger market cap at Rs 1,18,636.25 crore versus Rs 1,02,502.54 crore for Lloyds Metals. However, Lloyds has a lower P/E of 21.51 and much stronger ROE and ROCE figures.
How does Jindal Steel & Power compare with Jai Balaji Industries?
Ans. Jindal Steel & Power trades at a P/E of 43.65 versus 44.02 for Jai Balaji Industries. Its ROE of 6.88% is higher than 5.93%, while its ROCE of 8.92% is below Jai Balaji’s 9.63%.
What should investors monitor after this Jindal Steel & Power Share Price fall?
Ans. Investors can monitor whether the stock holds near Rs 1,133 after today’s decline, how its P/E of 43.65 compares with peers, and whether its ROE of 6.88% and ROCE of 8.92% improve over time.
