Jindal Steel & Power Ltd. (JINDALSTEL): Jindal Steel & Power Share Price Rises 2.06% Today
- September 23, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Steel & Power Share Price rose to Rs 1,161.90 on 23 September 2026, up 2.06% from the previous close of Rs 1,138.50. The company’s market capitalisation stands at Rs 1,15,708.59 crore, placing the move in a large listed business with meaningful sector visibility. Jindal Steel & Power Share Price Today reflects a gain of Rs 23.40, with the stock opening at Rs 1,140.00, touching Rs 1,163.00 and recording an intraday low of Rs 1,140.00. The supplied data confirms a same-day price rise, but it does not establish a company-specific catalyst. For readers tracking Jindal Steel & Power Stock News, the key context today is straightforward: the share price moved higher, turnover stood at Rs 0.97 crore, and the valuation remains elevated versus the same-industry median. Univest will continue to track the move through Jindal Steel & Power Share Price Update, Jindal Steel & Power Stock Analysis and Jindal Steel & Power Fundamental Analysis.
Jindal Steel & Power Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,161.9 |
| Previous Close | Rs 1,138.5 |
| Today's Move | Rs 23.4 (+2.06%) |
| Open | Rs 1,140 |
| High | Rs 1,163 |
| Low | Rs 1,140 |
| Turnover | Rs 0.97 crore |
| Market Capitalisation | Rs 1,15,708.59 crore |
| Market Cap Category | Large Cap |
Jindal Steel & Power Ltd. (JINDALSTEL) rose to Rs 1,161.9 from the previous close of Rs 1,138.5, a move of Rs 23.4 or 2.06%. The stock opened at Rs 1,140, reached a high of Rs 1,163, recorded a low of Rs 1,140.
Jindal Steel & Power Share Price Today moved from Rs 1,138.50 to Rs 1,161.90, a gain of Rs 23.40 or 2.06%. The session opened at Rs 1,140.00, matched the day’s low of Rs 1,140.00, and reached Rs 1,163.00 at the day’s high. This confirms a firm intraday move within a narrow range. The turnover for the session was Rs 0.97 crore, which is a factual traded-value figure and not a signal by itself. In stock market today coverage, this makes Jindal Steel & Power one of the stocks in news for a clear price rise rather than for any disclosed event. On Univest, the live move is best read as a verified share price update, with the current level and day change being the main facts to monitor.
Jindal Steel & Power Ltd. (JINDALSTEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,15,708.59 crore |
| P/E Ratio | 42.73x |
| P/B Ratio | 2.25x |
| ROE | 6.88% |
| ROCE | 8.92% |
| EPS | Rs 26.65 |
| Book Value Per Share | Rs 505.62 |
| Dividend Yield | 0.18% |
Jindal Steel & Power Ltd. (JINDALSTEL) fundamental metrics show P/E 42.73x, P/B 2.25x, ROE 6.88%, ROCE 8.92%. These figures provide context only and are not a buy or sell signal.
Jindal Steel & Power Ltd. has a market capitalisation of Rs 115708.59 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 42.73x, P/B at 2.25x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 6.88% and ROCE of 8.92%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 26.65, book value per share of Rs 505.62, dividend yield of 0.18%, 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 32.66x, median ROE of 6.88%, median ROCE of 9.63%. 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/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 42.73x |
| Benchmark Median P/E | 32.66x |
| Benchmark Average P/E | 34.11x |
| Benchmark P/E Range | 9.85x to 94.08x |
| Company P/B Ratio | 2.25x |
| Benchmark Median P/B | 2.25x |
| Company ROE | 6.88% |
| Benchmark Median ROE | 6.88% |
| Company ROCE | 8.92% |
| Benchmark Median ROCE | 9.63% |
| Company Market Capitalisation | Rs 1,15,708.59 crore |
| Benchmark Median Market Cap | Rs 424.82 crore |
Jindal Steel & Power Ltd. (JINDALSTEL) is classified under sector: Iron & Steel and industry: Steel/Sponge Iron/Pig Iron.
Jindal Steel & Power Ltd. (JINDALSTEL) has a P/E ratio of 42.73x, which is above the benchmark median of 32.66x, a difference of +30.83%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Jindal Steel & Power Ltd. (JINDALSTEL) has a ROE of 6.88%, which is equal to the benchmark median of 6.88%, a difference of 0%. Jindal Steel & Power Ltd. (JINDALSTEL) has a ROCE of 8.92%, which is below the benchmark median of 9.63%, a difference of -7.37%.
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 (%) |
|---|---|---|---|---|---|---|
| Lloyds Metals & Energy Ltd. | LLOYDSME | 1,02,826.21 | 21.94 | 6.83 | 40.27 | 27.59 |
| Jai Balaji Industries Ltd. | JAIBALAJI | 5,796.45 | 40.64 | 2.51 | 5.93 | 9.63 |
| RAJPUTANA STAINLESS LTD | RSL | 1,567.73 | 31.47 | 4.09 | 19.34 | 25.57 |
| Steel Exchange India Ltd. | STEELXIND | 1,434.96 | 44.86 | 2.39 | 5.38 | 11.97 |
| SAL Steel Ltd. | SALSTEEL | 1,169.43 | 94.08 | 7.81 | -0.38 | 5.59 |
Jindal Steel & Power Ltd. (JINDALSTEL) has a P/E ratio of 42.73x compared with the displayed peer median of 40.64x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 6.88% compares with a peer median of 5.93% across the companies shown in the table. ROCE stood at 8.92% versus the displayed peer median of 11.97%, providing a capital-efficiency comparison. Jindal Steel & Power Ltd. (JINDALSTEL) has a market capitalisation of Rs 1,15,708.59 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Jindal Steel & Power
- Jindal Steel & Power Share Price rose 2.06% today to Rs 1,161.90.
- The stock added Rs 23.40 versus the previous close of Rs 1,138.50.
- Market capitalisation is Rs 1,15,708.59 crore, the highest in the supplied industry benchmark.
- P/E is 42.73, above the same-industry median of 32.66 and average of 34.11.
- ROE is 6.88% and ROCE is 8.92%, both below the benchmark averages.
About Jindal Steel & Power
Jindal Steel & Power Ltd. operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The company is part of the broader Indian manufacturing and infrastructure ecosystem, where steel demand, pricing and operating performance are closely watched by market participants. For Jindal Steel & Power Share Price, the business profile matters because the company’s earnings and market valuation are often viewed through the lens of metal cycles, capital intensity and return ratios. The supplied data identifies the company by its NSE symbol JINDALSTEL and places it in a large market-cap category through the exact market capitalisation provided. Jindal Steel & Power Company News and Jindal Steel & Power Earnings are often followed because the company’s financial profile includes a P/E of 42.73, EPS of Rs 26.65, book value of Rs 505.62 and dividend yield of 0.18%. Univest continues to present Jindal Steel & Power Stock Analysis in a format that connects today’s share price with valuation and sector context.
Track Jindal Steel & Power Share Price on Univest
Use Jindal Steel & Power Ltd. (JINDALSTEL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
On Univest, users can track Jindal Steel & Power Share Price Live, Jindal Steel & Power Share Price Today, key financial ratios, shareholding pattern, 52-week levels and market insights in one place. Univest also helps readers compare Jindal Steel & Power Stock News with valuation, sector benchmarks and peer data. For investors following Jindal Steel & Power Share Price Update, Univest keeps the analysis structured around verified numbers and market context.
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 rise today?
Ans. The supplied data confirms a 2.06% rise to Rs 1,161.90, but it does not establish a company-specific catalyst. The move is verified as a same-day price event with turnover of Rs 0.97 crore.
What is Jindal Steel & Power share price today?
Ans. Jindal Steel & Power Share Price today is Rs 1,161.90. It gained Rs 23.40 from the previous close of Rs 1,138.50 and traded between Rs 1,140.00 and Rs 1,163.00 during the session.
What is Jindal Steel & Power market cap?
Ans. Jindal Steel & Power has a market capitalisation of Rs 1,15,708.59 crore. That places it well above the same-industry median and average in the supplied benchmark and is the highest among the listed peers shown here.
How expensive is Jindal Steel & Power on valuation metrics?
Ans. Jindal Steel & Power trades at a P/E of 42.73 and P/B of 2.25. The P/E is above the industry median and average, while the P/B matches the industry median exactly.
What do Jindal Steel & Power ROE and ROCE show?
Ans. ROE is 6.88% and ROCE is 8.92%. Both are below the industry averages supplied, which gives useful context to Jindal Steel & Power Share Price and the company’s current valuation.
How does Jindal Steel & Power compare with peers?
Ans. Compared with peers, Jindal Steel & Power has the largest market cap in the supplied set and a higher P/E than most listed comparables. Some peers show stronger ROE and ROCE, especially Lloyds Metals & Energy.
What is Jindal Steel & Power EPS and book value?
Ans. Jindal Steel & Power reports EPS of Rs 26.65 and book value of Rs 505.62. EPS reflects earnings attributable to each share, while book value shows accounting net worth per share.
